Unexpected events, like fire or theft, can occur at any time and leave you footing the bill for damage to your home. In this guide on homeowners insurance in Michigan, we examine the top providers in the state so you can find the best home insurance company for you.
Best Homeowners Insurance Companies in Michigan
- Allstate: Best Overall in Michigan
- Amica: Best Customer Service
- Lemonade: Quickest Sign-Up
- State Farm: Best Endorsements
- Liberty Mutual: Best Discounts
We compared Michigan home insurance providers based on cost, coverage, and customer service. See why Allstate, Amica®, Lemonade, State Farm, and Liberty Mutual are five of the best homeowners insurance providers in Michigan.
1. Allstate: Best Overall in Michigan
Allstate offers 24/7 customer service, extensive, industry-standard coverage that includes dwelling, other structures, personal property, loss of use, liability, and medical payments coverage, as well as a variety of unique add-on options. However, the company is the top home insurance company in Michigan because it goes above and beyond to make its policies affordable with multiple discounts. Allstate offers nine generous discounts, including multi-policy bundling, new homebuyer incentives, and easy payment plans.
Allstate Pros and Cons
|Offers a unique discount for yard and garden||Offers only three medical payments to others coverage options|
|Deductible is split up by peril||Most expensive provider in this review|
|Available in all 50 states|
Get instantly connected with an Allstate agent here, or use the tool below.
2. Amica: Best Customer Service
If you’re looking for customizable liability coverage, go with an Amica homeowners insurance policy. While Amica offers standard dwelling, other structures, personal property, loss of use, and medical payments to others coverage, its liability coverage can be tailored to your home protection needs. You can purchase as much as $1 million of coverage or as little as $25,000.
Amica Pros and Cons
|Offers a deductible of up to $10,0000||Doesn’t provide 24/7 customer service|
|Can increase personal property coverage with the valuable items endorsement||Has fewer endorsements than Allstate and Lemonade|
|Is more affordable than the industry average|
3. Lemonade: Quickest Sign-Up
Lemonade offers some of the most affordable policies, advertising policies that start as low as $25 per month. When our Reviews Team requested a free quote from Lemonade, we received a quote for $64 per month, which is lower than both the national average and the sample quotes we received from Allstate and Amica.
Lemonade Pros and Cons
|Offers customer service through a portal, mobile app, and online chat||Doesn’t offer other structures coverage|
|Has a Giveback program that donates unused premium money to the charity of your choice||Only offers renters, home, and co-op insurance products and services|
|Provides customizable personal property coverage|
Get a free quote from Lemonade, the provider with the quickest sign-up, by clicking here.
4. State Farm: Best Endorsements
State Farm is a nationally recognized homeowners insurance company. The company offers great endorsements for energy efficiency upgrades, identity theft, water backup, and much more. Customers can also bundle their home insurance with State Farm’s auto insurance to receive additional savings on both services.
State Farm Pros and Cons
|Offers user-friendly online resources||Discounts are limited for certain states|
|Provides high degree of financial strength|
|Reputable customer support|
5. Liberty Mutual: Best Discounts
For customers looking to grab some discounts, we suggest looking into Liberty Mutual. The company has strong financial backing, and you will find its list of discounts to be slightly more extensive than some competitors. For example, Liberty Mutual already provides a 10% discount when you apply for its insurance online.*
Liberty Mutual Pros and Cons
|Extensive selection of coverage options||Discounts and coverage vary by each state|
|Customers can easily file claims on a mobile app|
|A+ rating on the Better Business Bureau (BBB)**|
*Offer as of April 2021
**Rating as of April 2021
Get a customized Liberty Mutual quote here, or use the tool below.
Common Causes of Insurance Losses in Michigan
Reasons for filing an insurance claim vary according to where you live. In addition to common occurrences like identity theft or medical incidents, Michigan has some specific conditions that might lead to insurance losses.
If you live in Michigan, you are probably aware of how dangerous snowstorms and winds in the Great Lake State can get. Snowfall, hail, and wind can all damage your roofs and gutters, which require you to file a claim to get compensation.
A majority of Michigan home insurance claims deal with hail and water damage, which is why it is wise to look into a company that offers flood coverage. In fact, it is a good move to check to see if your home is situated in a registered flood plain. If you live closer to one of the Great Lakes, water damage is a major reason to look into home insurance.
Compare Top Homeowners Insurance Coverage Options
|Other structures coverage limits||10% of dwelling||10% of dwelling||N/A|
|Personal property coverage limits||60% or 75% of dwelling||75% of dwelling||40%–79% of dwelling|
|Liability coverage limits||$100,000, $200,000, $300,000, or $500,000||$25,000, $50,000, $100,000, $200,000, $300,000, $400,000, $500,000, $750,000, or $1 million||$100,000, $200,000, $300,000, $400,000, or $500,000|
|Unique add-ons||Musical instruments, yard and garden||Home business, catastrophic coverages||Significant other, swimming pool liability|
|Customer service||24/7||24/7 for claims; limited for sales and service||Online|
*Based on sample quotes our team received
** Ratings as of April 2021
Michigan Homeowners Insurance Coverage
Michigan homeowners insurance will typically include these areas of coverage:
- Liability—Liability coverage protects you when you’re responsible for causing bodily injury or property damage. If your dog bites someone or you start a fire that reaches your neighbor, your policy will cover the damages. We recommend purchasing at least $300,0000 of this type of protection.
- Medical payments to others—If someone is injured in your home or on your property, your policy will cover their medical bills. Most policies start with $1,000 of protection per person.
- Dwelling—This part of your policy will cover the cost of rebuilding your home. For dwelling coverage to cover the complete cost of rebuilding, you have to estimate your rebuilding cost by talking to a local appraiser or using the estimate provided by your home insurance company.
- Other structures—This covers detached structures on your property, like a shed or fence, and is usually 10% of dwelling coverage.
- Personal property—This will replace your personal belongings if they’re damaged by an event. If you want to replace your items with new ones, purchase a replacement cash value policy instead of an actual cash value policy, which determines your items’ value based on depreciation. Most companies offer at least 50% of dwelling coverage for personal property coverage.
- Additional living expenses—This will cover living expenses if you can’t live in your home during repairs. You will be reimbursed for any expenses that exceed the normal amount you spend per month, so expect your policy to cover the cost of a hotel room or the cost of meals. You usually get 20% of dwelling coverage for this type of coverage.
Insurance companies will also offer endorsements that add additional coverage to your policy at an increased premium. Common endorsements include protection for valuable items, identity theft, earthquakes, and water backup.
How Much Does a Homeowners Insurance Policy Cost in Michigan?
According to the Insurance Information Institute, the average cost of homeowners insurance in Michigan is $78.50 per month in 2017. That made Michigan the 13th-cheapest state for home insurance.
Note: The cost of your home insurance policy will vary based on where you live, the size of your home, and the coverage you choose.
Factors to Consider Before Buying Homeowners Insurance
Before buying a home insurance policy, consider the following factors:
- Climate—Though rare, extreme winter weather can cause frozen pipes and structural damage. Before purchasing a policy, read through the list of covered perils in your policy to ensure these damages are covered.
- Claims history—If you’ve filed more than two or three claims in the past five years, an insurance provider may consider you riskier to insure. The company will either decide not to insure you or they will increase your insurance premiums under the assumption that you will continue to file a lot of claims.
- Cost of living—If you live in an area with a high cost of living, your policy will cost more. Because the cost of living is based on the housing market, a more expensive housing market means that homes cost more to rebuild, which affects dwelling, other structures, personal property, and loss of use coverage.
- Safety features—Having safety features in your home, like a fire extinguisher and security system, will decrease your premium.
Frequently Asked Questions About Homeowners Insurance in Michigan
What other insurance companies offer homeowners insurance in Michigan?
If you want to get quotes from other national companies, look into companies like Liberty Mutual, Farmers, State Farm, Progressive, AAA, and Geico. For smaller companies with a more personalized customer service experience, consider The Hanover Insurance Group and Michigan Farm Bureau.
What are covered perils?
Covered perils are events that you can file a claim for if they cause damage to your home or personal belongings. Most insurance policies will cover 16 covered perils, including frozen plumbing, smoke, theft, vandalism, and falling objects.
How do I file a homeowners insurance claim in Michigan?
You can file a claim by calling the claims center, logging into your customer portal, or using a mobile app. You will likely hear back within 48 hours about whether your claim is approved or denied. If your claim is approved, you pay your deductible and a company representative will walk you through the rest of the claims process.
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