Home Insurance in Aldrich, Minnesota
Homes in Aldrich carry a median value of $89,000 - 49% lower than the Wadena County median.
The typical home in Aldrich was built around 1963. Because older housing stock often has aging wiring, roofing or plumbing, it can cost more to insure or rebuild. About 48% of homes were built before 1960, about 15 points above Wadena County's 33%.
Mobile and manufactured homes typically need a manufactured-home (HO-7) policy rather than a standard homeowners policy. The housing stock in Aldrich is 88% single-family homes and 12% mobile or manufactured homes.
About 33% of owner-occupied homes in Aldrich have a mortgage. Lenders require hazard (homeowners) insurance on any home carrying a mortgage.
Aldrich has an owner-occupancy rate of 68% and a vacancy rate of 33%; unoccupied homes typically need a different coverage form.
Most homes in Aldrich - 64% - are primarily heated with propane. Homes heated with propane and fuel oil can carry added fire risk. Fuel-tank leaks and spills are often excluded from standard homeowners policies.
What's the biggest home insurance risk near Aldrich? FEMA's National Risk Index points to wildfire (Relatively Low) in Wadena County and Wadena County had 13 active NFIP flood policies as of September 2026. See the full Wadena County home insurance overview for all FEMA hazard ratings and flood coverage details.
According to the NAIC homeowners insurance report (2023 data), a standard HO-3 homeowners policy in Minnesota carries a statewide average premium of $1,988 per year.
Key figures
| Median home value | $89,000 |
|---|---|
| Median year built | 1963 |
| Owner-occupied share | 68% |
| Share of owner-occupied homes with a mortgage | 33% |
| Top county hazard | Wildfire (Relatively Low) |
| Active NFIP policies in Wadena County | 13 |
| 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)