Home Insurance in Maple Grove, MN
Protect your financial stability with home insurance in Maple Grove, MN.
Maple Grove is home to more than 70,000 people, creating a diverse community of individuals who appreciate big-city amenities but enjoy the small-town feel of the area. While Maple Grove has a cost of living that is 1.2 times the national average, approximately 85% of residents own their own homes. This leads to a stable, thriving community offering plenty of reasons to place down roots.
Your home should be a sanctuary after work or a place to gather for meals. In order to feel comfortable and safe in your home, you need quality home insurance. Residents in Maple Grove experience severe thunderstorms with large, damaging hail and strong winds. It's not unusual for residents to be under severe weather threats more than 15 times a year.
Heavy rainfall throughout the year increases the risk of flash flooding. with 10% of homes in the area at risk for water damage. While standard insurance policies don't include flood risks, getting a quote from VIU by HUB for home insurance in Maple Grove, MN, will help you find the right provider and policies to cover this threat to your home.
Maple Grove is only 17 miles from the bustling city of Minneapolis, leading to a higher-than-average cost of home insurance than more rural areas around the state and when compared to the national average. Though homeowners can expect a yearly premium of $2,025 for standard home insurance, altering the limits or adding additional coverage can cause your rate to rise. You can compare quotes using VIU by HUB to find what you can afford.
The cost of owning a home goes far beyond your mortgage or property taxes, as unexpected incidents or property damage can cause repair bills ranging into thousands of dollars. Home insurance doesn't address repairs caused by a lack of maintenance or misuse, but it can help with damage or loss from covered incidents.
Home insurance is meant to be a financial protection against disasters and the unexpected. While each policy is unique, there are standard risks faced by Maple Grove residents that insurance can address.
During severe thunderstorms, Maple Grove has the potential to see hail damage. Reports across the area range from small dime-sized chunks of hail to 4-inch-sized pieces or bigger. Hailstorms can put dents in aluminum siding or gutters, crack vinyl siding and damage roofing shingles.
Maple Grove is an urban location, so the risk of wildfire damage is minimal. However, there is a constant danger of fire on account of lightning strikes and negligence within the home. Over 6,000 house fires occur each year in Minnesota, leaving you at risk of losing everything to a kitchen fire, faulty wire or lightning strike.
Standard home insurance doesn't address damage from flooding. There is the potential for flash flooding with the amount of heavy rain Maple Grove receives every year, but you will need to supplement your insurance policy with specific flood coverage.
To take care of these risks and the others you face, get a quote on coverage using VIU by HUB. You can compare policies and rates to find complete home protection in Maple Grove.
This information is intended for general informational purposes only and is not intended to constitute legal advice.
