Minnetonka insurance that understands what you actually have.
Lake properties, high-value homes, watercraft, and significant assets require coverage expertise that most standard carriers don’t bring. Options Insurance is an independent agency in nearby Chaska — with access to 50+ carriers and the experience to match coverage to what Minnetonka residents actually own.
Standard policies are written for standard homes. Yours isn’t.
Minnetonka has some of the most complex residential insurance needs in the metro — lakefront exposure, high replacement costs, watercraft, docks, and collections that standard policies handle poorly. The wrong carrier leaves you underinsured in ways you won’t discover until you file a claim.
Your lakefront home’s replacement cost has increased significantly — your coverage limit hasn’t kept pace
A guest is injured on your dock — your liability limit is far too low for the actual exposure
Your jewelry and art are covered only up to the standard sublimit — which is a fraction of their value
Your boat policy covers the hull but your liability on the water is inadequate for Lake Minnetonka traffic
We review your full picture — home, watercraft, valuables, liability — and make sure each piece is covered correctly before something happens.
Coverage for Minnetonka Residents & Businesses
Insurance built for what Minnetonka households actually own
As an independent agency we have access to standard markets and specialty carriers — which matters when your home, property, or assets fall outside what a single carrier handles well.
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Personal Insurance
Homeowners — high-value homes with accurate replacement cost coverage
Lake home — docks, lifts, watercraft, and lakefront liability
Auto — commuter coverage for 394, 494, and Highway 7
Boat & watercraft — Lake Minnetonka hull and liability coverage
The right insurance agency for Minnetonka isn’t necessarily the one with an office on the corner. It’s the one with the carrier access and expertise to handle what you own.
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High-value coverage expertise
Minnetonka has unique insurance needs — lake properties, high replacement costs, significant assets. We have experience placing coverage that standard carriers handle poorly or decline entirely.
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50+ carrier options
Independent access to standard and specialty markets means we find the right carrier for your specific property — not just whatever a single company offers.
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Personal service
You are not a policy number. When you call, you reach an agent who knows your situation. Claims support and coverage questions handled by people who know your file.
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~15 miles away
Our Chaska office is about 20 minutes from central Minnetonka via Highway 7. We are happy to meet in person, by phone, or by email — whatever works for you.
Minnetonka-Specific Considerations
What Minnetonka homeowners need to know about their coverage
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Lake Minnetonka properties
Lakefront and lake-access homes need more than a standard homeowners policy. Docks, lifts, watercraft, and lake activity liability require specific endorsements or separate policies. We work with carriers that understand lake living.
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High replacement costs
Many Minnetonka homes require dwelling coverage well above standard carrier limits. Your coverage should reflect current construction costs — not what you paid or what the home might sell for. We verify this at every review.
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Valuable personal property
High-end homes often contain jewelry, art, wine collections, furs, and antiques that hit standard policy sublimits quickly. Scheduling these items individually ensures full protection at agreed value.
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Umbrella & liability
With lake activities, higher home values, and significant assets, umbrella coverage is essential for most Minnetonka households. We typically recommend $1–2 million minimum and can structure coverage across carriers to get there.
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Watercraft coverage
Lake Minnetonka is busy water. Review your boat liability limits carefully — a serious accident on a crowded lake creates significant exposure. Hull coverage and liability should be matched to the boat and how you use it.
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Short-term rentals
Some lakefront owners rent seasonally. A standard homeowners policy does not cover short-term rental activity. If you rent your property or are considering it, let us know — coverage needs to be structured differently.
About Minnetonka
A community where coverage complexity is the norm
Minnetonka is a city of approximately 55,000 residents in Hennepin County, located west of Minneapolis. Named for the lake that forms much of its northern border, Minnetonka offers a mix of urban convenience and natural beauty — extensive trails, parks, and access to one of Minnesota’s most iconic bodies of water. The city is home to major employers and draws residents who expect both the quality of life and the coverage sophistication that comes with it.
Options Insurance has been serving Minnetonka residents from our Chaska office since 2011. The 15-mile distance has never been an obstacle — most of our Minnetonka clients prefer to handle things by phone or email, and we are always happy to meet in person when that makes sense.
Yes. We are based in Chaska, approximately 15 miles from central Minnetonka — about 20 minutes via Highway 7. We serve Minnetonka residents for personal, commercial, and health insurance. Most clients handle things by phone or email; we are happy to meet in person when useful.
Yes. Lakefront and lake-access properties require more than a standard homeowners policy. We work with carriers that specialize in lake properties and can package home, dock, watercraft, and umbrella coverage together — making sure the liability exposure from lake activities is adequately covered.
Some will, some won’t — and when they do, the limits or terms may not be right. As an independent agency we have access to carriers that specialize in high-value homes, including surplus lines markets for properties that standard carriers are uncomfortable with. We verify replacement cost at every review so your limit keeps pace with construction costs.
We typically recommend at least $1–2 million for Minnetonka households given the combination of higher home values, lake activities, and significant assets. The cost is modest relative to the protection — often $200–$400 per year for $1 million in coverage. We can structure umbrella coverage across carriers to reach the limit that makes sense for your situation.
No — standard homeowners policies typically exclude short-term rental activity. If you rent your property or are considering it, your coverage needs to be restructured before the first rental. We can help you find the right policy or endorsement so you are covered as a landlord, not just as a homeowner.
Get a Quote
Talk to an agent who understands Minnetonka.
We respond within one business day. Independent agency, 50+ carriers, real agents — not an automated system.
Lake properties, high-value homes, specialty coverage
Personal and business coverage under one roof
~15 miles from Minnetonka — Chaska office on Jonathan Blvd
Monday–Friday 7:30 AM–5:30 PM; evenings and weekends by appointment
