Homeowners Insurance in Edina, MN

Protect Your Home, Belongings, and Peace of Mind with Prokop Insurance Agency

Owning a home in Edina is something to be proud of. From Southdale to Braemar Hills, from the Centennial Lakes area to the 50th & France District, every neighborhood has its own character and value. But here’s the thing most homeowners don’t think about until it’s too late: your home is more than a place to live — it’s one of your biggest financial investments.

That’s where Prokop Insurance Agency comes in. We help people just like you in Edina and the surrounding parts of Hennepin County get homeowners insurance that actually fits your home, your risk, and most importantly, your budget.

We’re not some out‑of‑state call center. We’re a licensed independent insurance agency right here in Minnesota, with over 20 years of combined experience and local reviews to back it up.

Homeowners Insurance — What It Really Covers

Most people think homeowners insurance just protects the walls and roof. But a good policy from Prokop Insurance Agency does more than that.

Here are the core protections your policy can include:

Dwelling Coverage

This is the part that helps pay to repair or rebuild your home if it’s damaged by fire, storm, vandalism, theft, or other covered events.

Personal Property Coverage

Your furniture, clothing, electronics, and other belongings are only covered if you choose this. We help you decide how much you actually need — not just guess.

Liability Protection

If someone gets hurt on your property and sues, liability coverage helps protect your savings and future earnings.

Loss of Use

If your home becomes uninhabitable after a covered loss, this helps pay for temporary living expenses.

Natural Disaster Coverage

Standard policies may not include flood damage. In that case, we help you add separate flood insurance, especially important here in Edina where even one inch of water can cause tens of thousands in damage.

Why Edina Homeowners Need Insurance Now More Than Ever

Here’s the reality in Minnesota:

• Homeowners insurance costs significantly more here than the national average.
• Edina residents pay about $3,698 per year on average for home insurance, which is higher than many other Minnesota cities.
• Flooding and extreme weather (hail, wind storms) happen more often, and a standard homeowners policy won’t cover flood damage.
• Many people are surprised when they learn they’re underinsured during a claim.

So the question isn’t if you need insurance — it’s how to get the right coverage, without paying too much.

How We Help You Save Money Without Sacrificing Protection

We know homeowners in Edina want practical advice, not confusing jargon. That’s why we’re focused on helping you understand:

Your Real Replacement Cost

Most insurers don’t base coverage on the market value of your home — they use the cost to rebuild it. You might be paying too little or way too much if you’re guessing. We’ll help calculate the right dwelling coverage for your situation and discuss the 80% rule so you don’t get a partial payout.

Risk Assessment Tools

Before we write a policy, we use tools that look at your home’s age, construction type, roof condition, and past claims to make sure you’re priced correctly.

Discounts Worth Asking For

You could be eligible for:

• Multi‑policy discounts (home + auto + umbrella)
• Security feature discounts
• New roof / risk reduction discounts

Bundling policies almost always saves money and makes claims easier to handle.

Homeowners Insurance Options We Support

We tailor plans based on your unique situation and risk tolerance. Some of the options we regularly help Edina homeowners with include:

Standard Homeowners Insurance

Protects against common risks like fire, theft, lightning, hail, and wind.

Flood Insurance

Flood damage is not covered under most standard policies. Because Edina participates in the National Flood Insurance Program, you can buy flood coverage — and we help you decide if it’s right for you.

Dwelling Fire Insurance

Ideal for rental or seasonal homes that you don’t live in full time.

Umbrella Insurance

Extra liability protection beyond home and auto limits — useful if you host events or have a pool.

Personal Property & Valuable Item Endorsements

For high‑value items like jewelry, musical instruments, and collections.

Liability Coverage

Whether it’s a slip and fall or a fire that spreads off your property, liability coverage protects you.

Condo & Renters Insurance

Not a homeowner yet? We handle those policies too.

What Sets Prokop Insurance Agency Apart in Edina

Here’s what our clients tell us they value most:

We’re Independent

We don’t represent a single insurance company. We compare policies across multiple top carriers to find you the best price for the coverage you want. That means more options and better control over your insurance.

Local & Licensed

We’re licensed in Minnesota by the MN Department of Commerce, and we know state requirements and local factors better than out‑of‑state call centers.

Over 20 Years of Combined Experience

This isn’t our first year at the job. We’ve seen Minnesota markets change, and we know what questions to ask to protect you.

Real Reviews, Real Feedback

Local homeowners have given us solid reviews on Google and Yelp for clear communication, honest advice, and fast responses.

Personal Service

You talk to real agents — not automated menus. We help you with policy reviews, comparisons, and especially claims guidance.

Common Mistakes Edina Homeowners Make

We hear the same frustrations again and again from people who came to us after trying someone else:

“My roof replaced and my rate still jumped.”
Rates in Minnesota have been rising because insurance companies are raising prices statewide. Many homeowners find shopping with an independent agent helps them get better value.

“I thought flood was included — now I can’t file a claim.”
Flood claims aren’t covered under standard homeowners policies. Separate flood coverage may be a must, especially if you’ve had water issues near Centennials Lakes or Edinborough Park.

“I thought I was fully covered — but my personal items weren’t.”
Without adequate personal property limits or replacement cost coverage, you get less than you need during a claim.

How to Get Started: Quick, Clear, and Helpful

We’ve made it easy to start your homeowners insurance:

1. Get a free quote
2. Schedule a policy review
3. Compare carriers side by side
4. Ask about discounts and savings
5. Lock in the right coverage for your home and belongings

We’re here to make insurance simple, not stressful.

FAQs People in Edina Actually Ask

1. How much does homeowners insurance cost in Edina?

Homeowners insurance in Edina averages around $3,600–$3,700 per year depending on your home’s size, age, and coverage levels.

2. Does my standard homeowners policy cover flood damage?

No. Flood damage isn’t included in most homeowners insurance policies. You should consider separate flood insurance, especially if you’re near a low‑lying area.

3. What affects my premium the most?

Your home’s replacement cost, age, roof condition, credit score, claims history, and even local weather trends all play a part.

4. Can I lower my premium without losing coverage?

Yes. Raising your deductible, bundling policies, and improving safety features can cut your premium.

5. What is the 80% rule in homeowners insurance?

To get the full benefit of your coverage, you typically must insure your home for at least 80% of its replacement cost.

6. What happens if I’m underinsured?

If your dwelling coverage is too low, your claim payout could be reduced proportionally.

7. Do I really need umbrella insurance?

If you have significant assets, host guests often, or participate in activities with increased liability, umbrella insurance is a smart addition.

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Final Thoughts

Your home is more than a building. It’s where your life happens. You deserve insurance that makes sense — that protects you, your family, and your investment now and in the future. Not confusing policies. Not empty promises. Just clear coverage and honest guidance.

Ready to protect your home in Edina, MN? Contact Prokop Insurance Agency today for a free quote and simple, down‑to‑earth advice.

Call now. Or fill out our quick online form. We’re here to help.