Minnesota home insurance deductible calculator

What your storm deductible actually comes to in dollars, and whether raising your regular deductible is worth the exposure. Estimates only — not a quote.

Your storm deductible, in dollars

Your storm deductible is not your regular deductible
$3,000

A typical 1% catastrophe deductible on $300,000 of coverage means you pay the first $3,000 of storm damage yourself 3x the $1,000 deductible that applies to everything else. That is $2,000 more you would need on hand after a named storm than after a kitchen fire.

Shown on Minnesota’s reference coverage level of $300,000. Enter your own coverage above for your number.

Minnesota has no hurricane exposure, but it is a severe-hail state and a separate percentage wind/hail deductible is now genuinely common here rather than exotic. Carriers writing in Minnesota increasingly attach a wind/hail deductible expressed as a percentage of Coverage A (commonly 1% to 2% statewide, and 2% to 5% is reported as routine in Twin Cities metro underwriting) instead of the flat dollar amount that still governs every other peril. On a $300,000 dwelling limit a 1% wind/hail deductible is $3,000 and a 2% is $6,000, against a $1,000 all-perils deductible on the same declarations page. Important calibration: Insurify's 2026 hail analysis puts Minnesota's AVERAGE wind/hail deductible at 0.59% of dwelling coverage ($2,496), which is well below the 1% to 2% figure agents describe -- that gap exists because a large share of Minnesota policies still carry a flat wind/hail deductible, pulling the statewide average down. So this is a convention a Minnesota buyer must check for on their own declarations page, not one that is universal.

Is a higher deductible worth it?

This needs your two real quoted premiums. We deliberately don’t apply a “typical savings” percentage: deductible credits vary by carrier, state, and filing, so a made-up multiplier would give you a break-even that looks precise and isn’t. Ask your insurer to quote both deductibles — it takes one phone call, and the answer is specific to you.