Home Insurance in Nashua, Minnesota
The median home in Nashua was built in 1939 or earlier. About 100% of homes were built before 1960, about 59 points above Wilkin County's 41%. Aging wiring, roofing and plumbing in older homes can push up the cost to insure or rebuild them.
Housing in Nashua breaks down to 100% single-family homes.
In Nashua, about 33% of owner-occupied homes have a mortgage - lenders require hazard insurance on every mortgaged home.
Nashua has an owner-occupancy rate of 35% and a vacancy rate of 11%; unoccupied homes typically need a different coverage form.
Homes heated with propane and fuel oil can carry added fire risk. Fuel-tank leaks and spills are often excluded from standard homeowners policies. 18% of homes in Nashua are primarily heated with propane.
Wilkin County's top FEMA-rated hazard is winter weather (Relatively Moderate), per FEMA's National Risk Index. Wilkin County had 43 active NFIP flood policies as of September 2026. See the full Wilkin 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 year built | 1939 or earlier |
|---|---|
| Owner-occupied share | 35% |
| Share of owner-occupied homes with a mortgage | 33% |
| Top county hazard | Winter Weather (Relatively Moderate) |
| Active NFIP policies in Wilkin County | 43 |
| 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)