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

Place Name/Near by place	Typical Insured Amount ($)	High Deductible($) ($2500)	Low Deductible($) ($500)
Novi, MI	$290600	$700	$964
Ann Arbor charter, MI	$453300	$1221	$1,680
Belleville, MI	$127700	$548	$754
Northfield, MI	$183000	$505	$695
Van Buren charter, MI	$151600	$480	$661
Plymouth, MI	$267400	$583	$803
Southfield, MI	$124300	$528	$726
Pleasant Ridge, MI	$295900	$738	$1,016
Troy, MI	$269800	$670	$922
Hazel Park, MI	$55500	$425	$584

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Impact of Coverage Amount on Home Insurance Cost In Novi, MI

Coverage Amount	Home Insurance Cost ($)
$100,000	$351
$200,000	$942
$300,000	$1,334
$400,000	$1,709
$500,000	$2,188
$750,000 to $1000,000	$2,529
Above $1000,000	$2,991

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Novi, MI Homeowners Insurance Rates Compared to State & National Average Rates

	Average Home Insurance Cost($) National Average $1224
Novi, MI Average Home Insurance Cost	$975.36
State Average Home Insurance Cost	$775
Difference Vs national Average	-248.64

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Top Homeowners Insurance Companies in Novi, MI

Insurance Provider	Average Homeowners Insurance Cost($)
Liberty Mutual	$1,247
Frankenmuth Insurance	$990
Automobile Club	$897
Meemic	$635

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Novi, MI Home Insurance Discounts For Different Number of Claims

Type	Discount/Extra Cost in ($)	Premium After Claim Payout ($)
Claim Free	-117	858
One Claim	+59	1034
Two Claims	+127	1102

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