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Home Insurance Costs with Deductible Scenarios in Ann Arbor, MI & Nearby Areas

Place Name/Near by place Typical Insured Amount ($) High Deductible($)
($2500)
Low Deductible($)
($500)
Ann Arbor, MI $271600 $672 $925
Saline, MI $230600 $545 $749
Hamburg, MI $235900 $550 $757
Sharon, MI $270500 $699 $961
Lodi, MI $328300 $569 $783
Ypsilanti, MI $136700 $468 $644
Milan, MI $145100 $475 $653
Freedom, MI $262500 $688 $947
Salem, MI $326400 $566 $779
Scio, MI $343500 $593 $816

Impact of Coverage Amount on Home Insurance Cost In Ann Arbor, MI

Coverage Amount Home Insurance Cost ($)
$100,000 $387
$200,000 $1,009
$300,000 $1,357
$400,000 $1,696
$500,000 $2,171
$750,000 to $1000,000 $2,510
Above $1000,000 $2,968


Ann Arbor, MI Homeowners Insurance Rates Compared to State & National Average Rates

Average Home Insurance Cost($)
National Average $1224
Ann Arbor, MI Average Home Insurance Cost$936
State Average Home Insurance Cost$775
Difference Vs national Average-288

Top Homeowners Insurance Companies in Ann Arbor, MI

Insurance Provider Average Homeowners Insurance Cost($)
Liberty Mutual $1,247
Frankenmuth Insurance $990
Michigan Farm Bureau $974
Meemic $635

Ann Arbor, MI Home Insurance Discounts For Different Number of Claims

Type Discount/Extra Cost in ($) Premium After Claim Payout ($)
Claim Free -122 814
One Claim +47 983
Two Claims +122 1058