Headwaters Mutual Insurance Company We Serve Policy Holders, Not Share Holders. 218-751-5405 2820 Beltrami Ave NW | Bemidji, MN 56601 "YOUR OWN INSURANCE COMPANY" 001826163r1 Headwaters Mutual Insurance Company We Serve Policy Holders, Not Share Holders. 218-751-5405 2820 Beltrami Ave NW | Bemidji, MN 56601 "YOUR OWN INSURANCE COMPANY" 001826163r1