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

Place Name/Near by place	Typical Insured Amount ($)	High Deductible($) ($2500)	Low Deductible($) ($500)
Troy, MI	$269800	$670	$922
Bruce, MI	$235900	$550	$757
Huntington Woods, MI	$321400	$660	$908
Farmington, MI	$177100	$500	$688
Chesterfield, MI	$173700	$575	$791
Royal Oak, MI	$191700	$591	$813
Waterford charter, MI	$145900	$475	$654
Bloomfield Hills, MI	$840300	$2017	$2,775
Orchard Lake Village, MI	$550200	$1460	$2,009
Utica, MI	$136100	$556	$766

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

Coverage Amount	Home Insurance Cost ($)
$100,000	$361
$200,000	$981
$300,000	$1,342
$400,000	$1,759
$500,000	$2,252
$750,000 to $1000,000	$2,603
Above $1000,000	$3,078

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

	Average Home Insurance Cost($) National Average $1224
Troy, MI Average Home Insurance Cost	$933.12
State Average Home Insurance Cost	$775
Difference Vs national Average	-290.88

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Top Homeowners Insurance Companies in Troy, MI

Insurance Provider	Average Homeowners Insurance Cost($)
State Farm	$1,403
AAA	$954
Auto Owners	$946
Farmers	$884

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Troy, MI Home Insurance Discounts For Different Number of Claims

Type	Discount/Extra Cost in ($)	Premium After Claim Payout ($)
Claim Free	-121	812
One Claim	+47	980
Two Claims	+112	1045

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