Reviews Report
- Auto-Owners is the best Michigan home insurance company, earning a 4.8 out of 5 Reviews.com score.
- The average cost of home insurance in Michigan is $1,313 per year.
- Auto-Owners also offers the cheapest average Michigan home insurance rates.
Homeowners in the Wolverine State enjoy the waters of Lake Michigan, mild summers, and snowy winters. Along with pleasant weather, homeowners also experience average home insurance rates of $1,313, right on par with the national average.
The six best companies for home insurance in Michigan are Auto-Owners, USAA, Cincinnati, Grange, Farmers, and State Farm. All offer competitive rates for policyholders, along with a variety of coverage options, and more. When comparing the best homeowners insurance in Michigan, we reviewed customer service rankings, number of complaints, financial stability, premium price, coverage, and discounts.
Reviews.com used Quadrant data to map the average home insurance premium, and a unique in-house methodology to compare discounts, coverage, and third-party evaluations to rank and review the best home insurance in Michigan. Compare quotes from carriers that provide home insurance in Michigan to make sure you get the best homeowners insurance rates available.
The 6 Best Home Insurance Companies in Michigan
- Auto-Owners: Cheapest Michigan Home Insurance
- USAA: Best Michigan Home Insurance for Military Families
- Cincinnati Insurance: Best Michigan Home Insurance for High-Value Homes
- Grange: Best Michigan Home Insurance for Customization
- Farmers: Best Michigan Home Insurance for Pre-Packaged Coverage
- State Farm: Best Michigan Home Insurance for Online Policy Management
Compare Michigan’s Top Home Insurance Companies of 2021
| Average Annual Premiums* | Reviews.com Score Score is based on company’s customer experience, financial stability, and coverage options. | AM Best Financial Strength AM Best rates insurance providers creditworthiness. Ratings are based on the provider’s ability to follow through with a payout when a consumer files a claim. | J.D. Power Customer Satisfaction** J.D. Power scores are based on surveys for customer satisfaction and product quality. | ||
|---|---|---|---|---|---|
| Pin Auto-Owners | $210.75 | 4.8 | A++ | 843 | |
| Pin USAA | $1,335.20 | 3.8 | A++ | 889 | |
| Pin Cincinnati Insurance | $1,107.41 | 4.25 | A+ | N/A | |
| Pin Grange | $1,120.22 | 3.75 | A | N/A | |
| Pin Farmers | $2,001.16 | 3.8 | A- | 814 | |
| Pin State Farm | $1,388.81 | 2.8 | A++ | 829 |
Information accurate as of July 2021
*Data provided by Coverage.com
**J.D. Power 2020 Home Insurance Satisfaction Study. Based on a 1,000-point scale.
Cheapest Michigan Home Insurance
Why we chose it
Why we chose it
Pros
- A dozen possible discounts
- Low customer complaints
- High customer satisfaction rating
- Guaranteed home replacement cost coverage
Cons
- No online or mobile claims capabilities
- No online quotes available
Add-on Coverage
- Identity theft
- Sewer or drain backup
- Ordinance or law coverage
- Extended personal property
- Equipment breakdown
Available Discounts
- Multi-policy
- Paid on time
- Paperless billing
- Protective devices
- Automatic backup generator
- Paid-in-full
- Advance quote
- Water shut-off system
- Mortgage-free
- Favorable loss history
More Auto-Owners Insurance Reviews
Best for Military Families
Why we chose it
Why we chose it
Pros
- Strong financial and customer satisfaction ratings
- Mobile claim filing and tracking
- Low customer complaint ratings from NAIC
Cons
- Limited available discounts
- Only available to military members and their families
- Limited additional coverage options
Add-on Coverage
- Home sharing
- Earthquake
- Identity theft
Available Discounts
- Multi-policy
- Claims-free
- Home security system
More USAA Insurance Reviews
Best for High-Value Homes
Why we chose it
Why we chose it
Pros
- Specific coverage for high-value homes available
- Strong financial stability rating
- Extensive optional coverage options
Cons
- No online quotes
- Limited discount list compared to competitors
- Some coverage options only available for high-value homes
Add-on Coverage
- Earthquake
- Golf cart
- Identity theft
- Family shield
- Assisted living
- Flood
- Water and sump pump backup
- Green updates
- Service line
- Equipment breakdown
- Cyber protection
- Emergency event cancellation
- Loss prevention device
Available Discounts
- Multi-policy
- New home
- Claims-free
- Protective device
Best for Policy Customization
Why we chose it
Why we chose it
Pros
- Broad variety of coverage add-ons
- Strong financial rating
- Average premiums on par with competitors
Cons
- Not assessed by J.D. Power
- Limited online tools
- No online quotes available
Add-on Coverage
- Underground service line
- Cyber protection
- Sewer/drain backup
- Replacement costs
- Jewelry, artwork, and collectibles
- Identity theft
- Equipment breakdown
- Assisted living care
- Umbrella coverage
Available Discounts
- Multi-policy
- Advance quote
- Prompt payer/paid in full
- DIY home inspection
- Home maintenance
- Smart fire alarm
- Claims-free
Best for Pre-Packaged Coverage
Why we chose it
Why we chose it
Pros
- Declining deductible
- Flexible coverage pricing
- Guaranteed replacement cost coverage at premier level
Cons
- Limited add-on coverage options
- Lower-than-average J.D. Power rating
- Lower-than-average AM Best rating
Add-on Coverage
- Eco-rebuild
- Contents replacement cost
Available Discounts
- Security systems
- Smoke-free home
- Multi-policy
- Claims forgiveness
- Claims-free
- Professional affiliation groups
More Farmers Insurance Reviews
Best for Online Policy Management
Why we chose it
Why we chose it
Pros
- Highest possible rating with AM Best
- Easy digital account management
- State-of-the-art website
Cons
- Few discounts
- Higher-than-average NAIC complaint index
- Fewer co verage options advertised than competitors
Add-on Coverage
- Water seepage
- Mold
- Earthquake
- Personal property
- Flood
- Replacement cost
Available Discounts
- Multi-policy
- Home security devices
- Impact-resistant roofing materials
*Data provided by Coverage.com
**J.D. Power’s 2020 U.S. Home Insurance Study. Based on a 1,000-point scale.
Average Cost of Home Insurance in Michigan
Michigan home insurance average costs are middle-of-the-road with an average premium rate of $1,313, compared to the national average of $1,249. Although Michigan has its share of extreme weather, especially in the winter, the state is not known for disasters such as hurricanes — thus keeping the insurance rates low.
Residents in the southern part of the state, however, may experience tornadoes, which could impact Michigan homeowners’ insurance rates. Northern Michigan and the Upper Peninsula, meanwhile, may see home damage from winter storms, hail, and the weight of snow on roofs and other structures.
Because of these varying weather patterns, insurance premium rates will depend at least partly on where the policyholder lives in Michigan. An insurance agent can help them determine if they need any supplemental coverage, such as flood insurance, based on their location.
Policyholders should keep in mind the benefit of using discounts, such as multi-policy or bundling, to save money on their policy. Usually, it is possible to qualify for one or more easily.
The Cheapest Homeowner Insurance Companies in Michigan
| Largest Companies by Market Share in Michigan | Average Annual Premium |
| Auto-Owners Insurance | $210 |
| Meemic Ins Co | $915 |
| USAA | $1,027 |
| American Select Inc Co | $1,038 |
| Chubb | $1,399 |
| Frankenmuth Mut Ins Co | $1,498 |
| Cincinnati Ins Co | $1,518 |
| Memberselect Ins Co | $1,765 |
| Privilege Underwriters Recp Exch | $1,814 |
| Pioneer State Mut Ins Co | $1,854 |
| Grange Ins Co of MI – PinPoint | $1,868 |
| Hastings Mut Ins Co | $2,113 |
| Allstate | $2,202 |
| Farmers Insurance | $2,373 |
| State Farm | $2,406 |
| Citizens Ins Co Of The Midwest | $4,236 |
| Encompass | $6,382 |
Cost of Homeowners Insurance by Age of Home
| Age of Home (years) | Sample Annual Premium |
| 5 years | $2,299 |
| 20 years | $3,144 |
| 35 years | $3,217 |
| 50 years | $3,238 |
| Average Across Ages | $2,974 |
Top 3 Cheapest Homeowners Insurance Companies in Michigan
- Auto-Owners Insurance – $310
- Meemic Insurance Company – $915
- USAA – $1,027
Top 3 Most Expensive Homeowners Insurance Companies in Michigan
- State Farm – $2,406
- Citizens Insurance Company of the Midwest – $4,236
- Encompass – $6,382
These rates are based on the average annual premium. However, several different factors will ultimately establish your cost. The smartest way to find the best value for your coverage needs is by requesting personalized quotes from several companies.
Common Home Insurance Perils in Michigan
Southern Michigan experiences tornadoes occasionally, with the state as a whole has had an average of 14.1 tornadoes per 1,000 square miles per year since 1950. Some of the counties most noted for tornadoes include Berrian, Genesee, Monroe, and Wayne.
Levels of snowfall each year also vary greatly depending on location. In Dearborn, for example, an average of 31.4 inches of snow falls annually. But in the Upper Peninsula, locations such as Ironwood average 188 inches. A heavy snow load can damage a home’s roof or cause trees to fall, resulting in possible insurance claims. Home insurance in Michigan should pay for any damages caused by snowfall.
Michigan is the only state that touches four of the Great Lakes, and there are numerous smaller lakes, rivers, and other bodies of water in the state. For waterside homes, as well as those that are near even a small body of water, there is always the possibility of overflow and flooding problems.
Add-on home insurance coverage in Michigan
Snow damage and most tornado damage is covered by standard HO-3 Michigan home insurance policies. But there’s something else that isn’t: flooding. Most homeowner policies do not include flood coverage as part of a standard policy. If residents are at risk of flooding, they should consider purchasing a flood insurance policy.
Most flood insurance in the U.S. is provided by the government, through the National Flood Insurance Program (NFIP). This is not an add-on to regular coverage, but a separate policy with its own premium and deductible. Most insurers will administer these policies. A standard policy does cover some water damage, but not all, so flood insurance can be a wise choice.
Most national insurers either offer NFIP or their own flood insurance coverage. Cincinnati Insurance, for example, offers bespoke flood insurance, while companies such as USAA and State Farm work with NFIP policies. Checking the declaration page of the policy is the best way to determine what is already covered and what might need to be added to have robust coverage that can handle any potential disaster.
Here are some state-sponsored resources that may be useful to those with homeowners insurance in Michigan concerned about weather-related and other disasters:
Michigan Home Insurance FAQ
Methodology
We evaluated the best insurance companies in Michigan based on availability, customer satisfaction, financial stability, and coverage to determine Reviews.com score and create our best home insurance reviews. To compare home insurance companies with other providers across the board, we calculate each Reviews.com score based on the following:
- Coverage: The more options a home insurance company has for insurance add-ons and coverages, the higher it scores in our methodology.
- Customer Experience: We reviewed the National Association of Insurance Commissioners’ National Complaint Index and compared each homeowners insurance company’s complaint rating.
- Customer Satisfaction: With J.D. Power’s 2020 Home Insurance Satisfaction Study, we assigned a score to each company based on the rating it received.
- Financial Stability: Reviews.com utilized AM Best ratings to assign a score based on each home insurance company’s financial stability.
- Discounts: We reviewed and compared the number of discounts advertised on each home insurance company’s website. The more available discounts, the higher the score in this metric.
About the Authors
Mary Van Keuren has been covering auto and home insurance for Reviews.com for nearly five years, and has published numerous reviews of state-specific insurance trends and how to find the best insurance deals for your money. She earned B.S. and M.A. degrees from Nazareth College in Rochester, N.Y. and has been writing professionally, both in print and online, for 30+ years.
