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

Place Name/Near by place Typical Insured Amount ($) High Deductible($)
($2500)
Low Deductible($)
($500)
Southfield, MI $124300 $528 $726
Canton charter, MI $223700 $539 $741
Westland, MI $105400 $508 $700
Lyon charter, MI $300100 $626 $861
Roseville, MI $71600 $467 $642
Shelby charter, MI $216900 $533 $733
Rochester, MI $333000 $576 $793
Troy, MI $269800 $670 $922
Grosse Pointe Farms, MI $298400 $624 $858
River Rouge, MI $34800 $547 $753

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

Coverage Amount Home Insurance Cost ($)
$100,000 $581
$200,000 $1,719
$300,000 $2,375
$400,000 $2,979
$500,000 $3,813
$750,000 to $1000,000 $4,409
Above $1000,000 $5,213


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

Average Home Insurance Cost($)
National Average $1224
Southfield, MI Average Home Insurance Cost$735.26
State Average Home Insurance Cost$775
Difference Vs national Average-488.74

Top Homeowners Insurance Companies in Southfield, MI

Insurance Provider Average Homeowners Insurance Cost($)
Liberty Mutual $1,247
AAA $954
Safeco $914
Automobile Club $897

Southfield, MI Home Insurance Discounts For Different Number of Claims

Type Discount/Extra Cost in ($) Premium After Claim Payout ($)
Claim Free -88 647
One Claim +59 794
Two Claims +88 823