Home Insurance in Altura, Minnesota
Homes in Altura carry a median value of $206,000 - 12% lower than the Winona County median.
The typical home in Altura was built around 1973. Older homes can cost more to insure or rebuild because of aging wiring, roofing and plumbing. About 31% of homes were built before 1960, about 10 points below Winona County's 42%.
The housing stock in Altura is 91% single-family homes and 5% apartments in buildings with 5+ units.
49% of owner-occupied homes in Altura carry a mortgage, and mortgage lenders require hazard insurance for as long as the loan is active.
Altura has an owner-occupancy rate of 90% and a vacancy rate of 3%; unoccupied homes typically need a different coverage form.
Homes heated with propane can carry added fire risk. Fuel-tank leaks and spills are often excluded from standard homeowners policies. 68% of homes in Altura are primarily heated with natural gas.
What's the biggest home insurance risk near Altura? FEMA's National Risk Index points to hail (Relatively Moderate) in Winona County and Winona County had 142 active NFIP flood policies as of September 2026. See the full Winona County home insurance overview for all FEMA hazard ratings and flood coverage details.
In Minnesota, the statewide average premium for a standard HO-3 homeowners policy is $1,988 per year (NAIC, 2023 data).
Key figures
| Median home value | $206,000 |
|---|---|
| Median year built | 1973 |
| Owner-occupied share | 90% |
| Share of owner-occupied homes with a mortgage | 49% |
| Top county hazard | Hail (Relatively Moderate) |
| Active NFIP policies in Winona County | 142 |
| 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)