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Insurance Costs in Woodbury, MN

Population: 75,102 | Midwest region | 5% below national average for homeowners insurance

Homeowners
$2,469/yr
State avg: $2,700
Renters
$143/yr
State avg: $156
Auto
$1,869/yr
State avg: $2,044
Landlord
$3,086/yr
State avg: $3,375

Compared to State & National Averages

Homeowners Insurance
$2,469 City
$2,700 State
$2,600 National
Renters Insurance
$143 City
$156 State
$160 National
Auto Insurance
$1,869 City
$2,044 State
$2,497 National
Landlord Insurance
$3,086 City
$3,375 State
$3,250 National

Risk Factors & Details

Local Risk Factors
severe winter
Crime Index
10/100
Total Annual Insurance$7,567
Monthly Insurance Budget$631
vs National Total+2%

Insurance Market Analysis: Woodbury, MN

Woodbury is a small city with a population of 75,102 in the Midwest region. Insurance costs here are shaped by a combination of Minnesota's regulatory environment, local risk factors, and the city's specific demographic profile.

Homeowners insurance in Woodbury runs $2,469/yr, which is roughly in line with the national average of $2,600/yr. While not the cheapest market in the country, residents aren't paying the extreme premiums seen in high-risk areas like coastal Florida or tornado-prone Oklahoma.

Woodbury's relatively moderate natural disaster risk profile helps keep insurance costs manageable. Without the extreme weather exposure that drives premiums in hurricane, tornado, or wildfire zones, insurers face lower claim frequency and severity, which translates to more competitive pricing for residents.

With a crime index of just 10/100, Woodbury is significantly safer than the national average. This low crime rate is a positive factor for insurance pricing — fewer theft, vandalism, and property crime claims mean insurers can offer more competitive rates. Auto insurance comprehensive coverage is also more affordable in lower-crime areas.

The total annual insurance budget for a Woodbury homeowner with a car is approximately $4,338/yr ($362/mo). This is roughly in line with the national combined average of $5,097/yr. Insurance costs in Woodbury are neither a major burden nor a particular advantage. Bundling homeowners and auto with the same carrier typically saves 15-20%, which could mean $737 in annual savings.

Data sources: Insurance cost estimates derived from NAIC reports, Insurance.com, Bankrate, and Insurify (2025-2026). City risk factors from FEMA, FBI UCR, and state insurance department filings. Figures represent average annual premiums for standard coverage and may vary based on individual factors.

In-Depth Insurance Guides for Woodbury

Estimate Your Premium in Woodbury

Property Details
$
Estimated Annual Premium
$3,150Above Average
$263/month in Minnesota
Monthly Cost
$263
estimated premium
vs National Avg
+21%
Avg: $2,600/yr
State Average
$2,700
Minnesota avg/yr
Per $1,000 Value
$9.00
rate per $1K coverage
Cost Factors in Minnesota
severe winter weatherPrimary
hail damageContributing
tornado riskContributing
Top ProviderState Farm

Other Cities in Minnesota

See all insurance costs for MinnesotaInvesting? Visit CapRateCity.com | Buying? Try MortgageMathLab.com | Relocating? Check TakeHomeTax.com
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