Home Insurance in Howard Lake, Minnesota
With a median home value of $273,600, Howard Lake is 24% lower than the Wright County median.
Aging wiring, roofing and plumbing in older homes can push up the cost to insure or rebuild them. The typical home in Howard Lake was built around 1990. About 11% of homes were built before 1960, about 2 points below Wright County's 13%.
In Howard Lake, the housing stock is 76% single-family homes, 17% apartments in buildings with 5+ units and 2% mobile or manufactured homes.
In Howard Lake, about 77% of owner-occupied homes have a mortgage - lenders require hazard insurance on every mortgaged home.
Howard Lake has an owner-occupancy rate of 72% and a vacancy rate of 11%; unoccupied homes typically need a different coverage form.
In Howard Lake, 78% of homes are primarily heated with natural gas.
Wright County had 135 active NFIP flood policies as of September 2026. Its top FEMA-rated hazard is strong wind (Relatively High). See the full Wright 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 | $273,600 |
|---|---|
| Median year built | 1990 |
| Owner-occupied share | 72% |
| Share of owner-occupied homes with a mortgage | 77% |
| Top county hazard | Strong Wind (Relatively High) |
| Active NFIP policies in Wright County | 135 |
| 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)