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Home Insurance Costs with Deductible Scenarios in Farmington Hills, MI & Nearby Areas

Place Name/Near by place Typical Insured Amount ($) High Deductible($)
($2500)
Low Deductible($)
($500)
Farmington Hills, MI $230000 $622 $856
Bloomfield Hills, MI $840300 $2017 $2,775
Clawson, MI $155900 $484 $666
Sterling Heights, MI $164700 $566 $779
Green Oak, MI $232000 $546 $752
Oakland County, MI $209800 $608 $837
Plymouth charter, MI $272100 $589 $810
Highland charter, MI $199600 $518 $713
Beverly Hills, MI $341500 $590 $812
Superior charter, MI $172700 $496 $683

Impact of Coverage Amount on Home Insurance Cost In Farmington Hills, MI

Coverage Amount Home Insurance Cost ($)
$100,000 $434
$200,000 $1,059
$300,000 $1,447
$400,000 $1,917
$500,000 $2,454
$750,000 to $1000,000 $2,837
Above $1000,000 $3,355


Farmington Hills, MI Homeowners Insurance Rates Compared to State & National Average Rates

Average Home Insurance Cost($)
National Average $1224
Farmington Hills, MI Average Home Insurance Cost$866.88
State Average Home Insurance Cost$775
Difference Vs national Average-357.12

Top Homeowners Insurance Companies in Farmington Hills, MI

Insurance Provider Average Homeowners Insurance Cost($)
Liberty Mutual $1,247
Auto Owners $946
Automobile Club $897
Meemic $635

Farmington Hills, MI Home Insurance Discounts For Different Number of Claims

Type Discount/Extra Cost in ($) Premium After Claim Payout ($)
Claim Free -113 754
One Claim +52 919
Two Claims +113 980