Home Insurance in Benson, Minnesota
With a median home value of $156,000, Benson is close to the Swift County median.
The typical home in Benson was built around 1959. Because older housing stock often has aging wiring, roofing or plumbing, it can cost more to insure or rebuild. About 51% of homes were built before 1960, in line with Swift County (52%).
Housing in Benson breaks down to 77% single-family homes, 20% apartments in buildings with 5+ units and 1% mobile or manufactured homes.
45% of owner-occupied homes in Benson carry a mortgage, and mortgage lenders require hazard insurance for as long as the loan is active.
Benson has an owner-occupancy rate of 62% and a vacancy rate of 10%; unoccupied homes typically need a different coverage form.
77% of homes in Benson are primarily heated with natural gas.
Swift County's top FEMA-rated hazard is winter weather (Relatively Moderate), per FEMA's National Risk Index. Swift County had 8 active NFIP flood policies as of September 2026. See the full Swift County home insurance overview for all FEMA hazard ratings and flood coverage details.
The statewide average premium for a standard HO-3 homeowners policy in Minnesota is $1,988 per year, according to the NAIC homeowners insurance report (2023 data).
Key figures
| Median home value | $156,000 |
|---|---|
| Median year built | 1959 |
| Owner-occupied share | 62% |
| Share of owner-occupied homes with a mortgage | 45% |
| Top county hazard | Winter Weather (Relatively Moderate) |
| Active NFIP policies in Swift County | 8 |
| Home insurance premium | $1,988 - statewide average (NAIC, 2023 data) |
Nearby towns
Sources
Data last updated: 2026-09-29
- U.S. Census Bureau Gazetteer Files (2024)
- U.S. Census Bureau, American Community Survey 2020-2024 5-Year Estimates (2024)
- FEMA National Risk Index (December 2025)
- FEMA OpenFEMA NFIP Redacted Policies v3 (2026)
- NAIC Dwelling Fire, Homeowners Owner-Occupied, and Homeowners Tenant and Condominium/Cooperative Unit Owners Insurance: Data for 2023 (published 2026) (2023)