Home Insurance in Hazel Run, Minnesota
Homes in Hazel Run carry a median value of $112,500 - 27% lower than the Yellow Medicine County median.
The median home in Hazel Run was built in 1939 or earlier. About 59% of homes were built before 1960, about 6 points above Yellow Medicine County's 53%. Older homes can cost more to insure or rebuild because of aging wiring, roofing and plumbing.
In Hazel Run, the housing stock is 100% single-family homes.
About 30% of owner-occupied homes in Hazel Run have a mortgage. Lenders require hazard (homeowners) insurance on any home carrying a mortgage.
About 43% of occupied homes in Hazel Run are owner-occupied. The vacancy rate is 21%; vacant or unoccupied homes typically need a different coverage form than an owner-occupied policy.
Homes heated with propane can carry added fire risk. Fuel-tank leaks and spills are often excluded from standard homeowners policies. Most homes in Hazel Run - 57% - are primarily heated with electricity.
Yellow Medicine County's top FEMA-rated hazard is winter weather (Relatively Moderate), per FEMA's National Risk Index. Yellow Medicine County had 15 active NFIP flood policies as of September 2026. See the full Yellow Medicine 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 | $112,500 |
|---|---|
| Median year built | 1939 or earlier |
| Owner-occupied share | 43% |
| Share of owner-occupied homes with a mortgage | 30% |
| Top county hazard | Winter Weather (Relatively Moderate) |
| Active NFIP policies in Yellow Medicine County | 15 |
| 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)