Michigan Home Insurance Quotes

How to Get Cheap Homeowners Insurance in Michigan

Most Michigan residents will pay less than $1,100 for their policy. This price will go up or down based on your exact geographic location, and you should expect to pay much more inside the Detroit city limits. The good news is that you can also find discounts no matter where you live, as long as you know how to look for them.

Your best bet is to begin your search with an independent insurance agency like ours. We provide easy access to an online home insurance calculator, along with the ability to quickly get rates from a large variety of competitive insurance agents. When these insurers know that you’re checking out several other agencies, they’re much more inclined to produce the best possible offer to attract your business.

There are several other steps you can take to get a lower quote from the best home insurance companies in Michigan, including:

1. Buy Your Auto and Home Policy Together

Purchasing multiple policies from the same insurer makes you likely to benefit from a discount that averages 5 to 15 percent.

2. Increase Your Deductible

The higher your deductible, the lower your premium will be. Make sure you don’t dig yourself a hole that’s too deep to climb out of during an emergency, though. In other words, if you choose a $1,000 deductible over a $500 one, make sure you have $1,000 put aside just in case.

3. Beef Up Your Home Security

Insurance agents love to see added security features such as burglar alarms and sprinkler systems. Depending on how many features you have and how sophisticated they are, you can expect to save between 5 and 20 percent. This discount option may be especially beneficial for Michigan home insurance policies in Detroit and Flint.

4. Stick with One Insurer

As long as you’re happy with your Michigan homeowners insurance provider, you can usually get a deal for long-term loyalty. A discount averaging at least 5 percent often kicks in after three years.

5. Keep Your Credit in Shape

Many homeowners insurance quotes in Michigan will come in at a lower rate if you have a good credit score. Maintaining this score, or even improving it, can make a big difference in the long run.

6. Check Other Rates Annually

You may be perfectly content with your insurance company, but that doesn’t mean you shouldn’t acquire new Michigan home insurance quotes annually. If you find another company that’s willing to offer a lower deal for an apples to apples policy, you should let your current agent know. Keeping a large customer base is critical for these companies, so the odds are high that they’ll try to work with you rather than allowing you to simply walk away.

7. Reduce Your Home’s Risk of Tornado Damage

The Great Lakes State averages 17 tornadoes per year. Your insurance provider may give you a discount if you take steps to reduce your home’s risk of sustaining damage during an indirect hit. For instance, adding steel connectors to the building’s framing components will enhance the load path, thereby removing some of the damage risk from high winds.

8. Ask for Other Applicable Discounts

Are you a senior citizen? Or perhaps you’re a member of a professional association that’s affiliated with your insurance company? Are you retired or working from home? All of these factors may help you get a lower Michigan home insurance quote.

9. Select an Appropriate Level of Coverage

Some people make the mistake of buying enough coverage to cover their entire home purchase price. The problem with this method is that any future rebuilding costs aren’t going to include the value of the land itself. Therefore, you need to figure out how much it would cost to rebuild the house without factoring in how much you paid for the land itself. It’s also wise to check any extra riders or listed possessions annually. As the value of your items diminishes, you’ll want to adjust your coverage accordingly to avoid overpaying for your policy.

How Much is Homeowners Insurance in Michigan?

The only way to ensure that you get the best possible price is to comparison shop between many Michigan homeowners insurance companies. You could do this all on your own, but the process will require a lot of time and patience. Fortunately, there’s a much easier option!