FAQs & Figures
Facts
Fact #1: The Minnesota Department of Commerce states that 60
insurance companies carry homeowners insurance in Minnesota.
Fact #2: The first four companies on the list below carry 60% of
those policies.
Figures
The list below show the insurance company discounts for homes with fire
sprinkler systems and any special requirements.
|
Insurance Company |
Discount
Percentage |
Notes |
| Allstate Insurance |
10 - 15% |
15% with smoke detectors, fire
extinguisher and deadbolt locks. |
| American Family |
10% |
Grouped with home and fire security
systems. |
| Farmers Insurance Group |
10% |
Depending on other safety features. |
| State Farm Insurance |
10 - 14% |
Depending on other safety features such
as smoke alarms and security system. |
| AAA Minnesota/Iowa |
3% |
System must be certified as complete. |
| Allied Insurance |
About $50 per year |
No percentage offered. |
| General Caualty |
5% |
Must be certified as complete system. |
Hartford Insurance
(NFSA linked as fire safety resource) |
13% |
Full system including attics, attached
structures and bathrooms. |
|
|
8% |
Partial system excluding areas listed
above |
| Prudential/Liberty Mutual |
12% |
With complete safety package.
Links include Home Fire Sprinkler Coalition. |
| Safeco |
10 - 15% |
Depending on other safety devices. |
| Travelers Insurance |
|
Depends on credit rating and age of
home. |
| West Bend Mutual |
8% |
System must be certified as complete. |
| |
|
|
|
