Ann Arbor Insurance Rates:

Ann Arbor, MI home insurance is roughly $690 to $937, about $57-$78/month. Our all inclusive research indicates shoppers can save as much as $325 by getting different quotes

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Ann Arbor Home Owner Insurance Quotes | Write a Review | Rates & Quotes Analysis
State Farm
Home Insurance Rate of $220/2 months for $200000-$250000 Coverage
Policy Holder Home Details :

Home Value : $200,000

3 Beds, 3 Bath 1590 sqft Seasonal Residence Constructed In 2003 with Ceramic Tile Flooring, Tile Roof, Slab Foundation, Stone Siding, Stucco Construction. Home Features Include Fireplace, Indoor Sprinklers, Copper Water Pipes, Circuit Breaker Electricals and Security by Monitoring Company

About Policy Holder:

66 Years old Divorced Female who has a Part Time Job with household income of less than $25,000 and has More than 3 Pets at home and is a Smoker

Additional Details :
  • 25-50% Mortgage Paid off

  • 750-799 Credit Score

  • Guests at home

Home Insurance Rate of $90/2 months for $125000-$150000 Coverage
Policy Holder Home Details :

Home Value : $125,000

2 Beds, 2 Bath 1170 sqft Primary Residence Constructed In 1996 with Stone Flooring, Asphalt Shingles Roof, Crawl Space Foundation, Stucco siding, Wood Frame. Home Features Include Copper Water Pipes, Smoke Alarm, Deadbolt Locks, Circuit Breaker Electricals and Security by HomeOnly

About Policy Holder:

59 Years old Married Female who is a Freelancer with household income of $25-50,000 and has 3 Pets and is a Smoker

Additional Details :
  • 0-25% through paying our mortgage

  • 550-599 Credit Score

Home Insurance Rate of $160/3 months for $175000-$200000 Coverage
Policy Holder Home Details :

Home Value : $230,000

3 Beds, 3 Bath 2050 sqft Vacation Property Constructed In 1971 with Carpet Flooring, Tile Roof, Piers Foundation, Stone Siding, Brick Frame. Home Features Include Swimming Pool, Fire Extinguisher, Smoke Alarm, Circuit Breaker Electricals and Security by Monitoring Company

About Policy Holder:

70 Years old Single Male who is Retired with household income of less than $25,000 and has 1 Pet and is a Non-Smoker

Additional Details :
  • 0-25% through paying our mortgage

  • 500-549 Credit Score

  • Guests at home

Home Insurance Rate of $290/3 months for $200000-$250000 Coverage
Policy Holder Home Details :

Home Value : $235,000

5 Beds, 5 Baths 2310 sqft Vacation Property Constructed In 2005 with Carpet over wood flooring, Shingles Roof, Crawl Space Foundation, Brick siding, Stucco Construction. Home Features Include Central Air Conditioning, Fireplace, Indoor Sprinklers, Deadbolt Locks, Circuit Breaker Electricals and Security by Monitoring Company

About Policy Holder:

58 Years old Married Male who is Unemployed and has 1 Pet and is a Non-Smoker

Additional Details :
  • 25-50% Mortgage Paid off

  • Up to 499 Credit Score

  • Seniors staying at home

  • Guests at home

Home Insurance Rate of $230/4 months for $150000-$175000 Coverage
Policy Holder Home Details :

Home Value : $160,000

2 Beds, 2 Bath 1450 sqft Seasonal Residence Constructed In 1996 with Carpet over wood flooring, Metal Roof, Chainwall Foundation, Vinyl siding, Brick Frame. Home Features Include Smoke Alarm, Indoor Sprinklers, Fireplace, Fire Extinguisher, FuseBox Electricals and Security by HomeOnly

About Policy Holder:

47 Years old Married Male who has a Full Time Job with household income of $75-$100,000 and has 1 Pet and is a Smoker

Additional Details :
  • 75-100% Mortgage Paid off

  • 700-749 Credit Score

  • Seniors staying at home

Home Insurance Rate of $1550/6 months for $500,000-$600,000 Coverage
Policy Holder Home Details :

Home Value : $620,000

4 Beds, 4 Baths 3299 sqft Primary Residence Constructed In 1958 with Linoleum, Tile Roof, Crawl Space Foundation, Wood siding, Wood Frame. Home Features Include Fireplace, Swimming Pool, FuseBox Electricals and Security by HomeOnly

About Policy Holder:

48 Years old Single Male who is a Freelancer with household income of $50-$75,000 and has 3 Pets and is a Non-Smoker

Additional Details :
  • 75-100% Mortgage Paid off

  • 700-749 Credit Score

  • Seniors staying at home

  • Guests at home

Ann Arbor, MI Home Insurance by Zip Code

Zip Code Median Home Value Median Homeowners Insurance
48105 $280,900 $880
48103 $252,100 $840
48104 $243,000 $840
48108 $208,600 $810

Ann Arbor Rates & Quotes Analysis:

Ann Arbor Area Estimated House Insurance
Dogwood Ct, 3rd St, Lancashire Dr, Honey Creek Dr, N Division St, Tappan Ave, E William St, Georgetown Blvd, S Green Rd, Kenilworth Dr$790
Dorset Rd, Vaughn St, Ticknor Ct, Wayside Dr, Heatherbrook Ln, Sciomeadows Dr, W William St, Northwood St, Breckland Dr, Hall Ave$839
Bolgos Cir, E Park Pl, Rockland Ct, Katie Jo Ct, Williamsburg Rd, Dolph Dr, Pear St, Kuebler Dr, Maynard St, White Oak Ct$908
Commonwealth Dr, Valhalla Dr, N Revena Blvd, Apple St, Plum Hollow Dr, Heatherway St, Millbrook Dr, Morton Ave, Krause St, N Glendale Dr$971
Cloverdale St, S University Ave, Tacoma Cir, 8th St, Country Club Rd, Runnymede Blvd, Parkridge Dr, Devonshire Rd, Lake Shore Dr, Shady Ln$873
Rolling Meadows Dr, Dean Rd, Phoenix Dr, Westaire Ct, Foster Ave, Forest, Old Pear Tree Ct, Manitou Ct, Eton Ct, Pleasant Pl$738
Whitshire Ct, Kim St, Ironwood Dr, John A Woods Dr, W Liberty Rd, Manhattan Dr, Nottingham Rd, Alpine Dr, Starwick Dr, Christine Dr$788
Riverview Dr, W Summit St, Turnberry Ln, Perennial Ln, Springbrook, Drappatz Hts, Brooks St, Lohr Cir, Watersedge Dr, Starak Ln$792
Rockport Ct, Oswego St, E Huron River Svc Rd, Shirley Ln, Fuller St, E Summit St, Mystic Dr, Varsity Dr, Brentwood Dr, Verle Ave$835
Baldwin Pl, Day St, Hilton Blvd, au Sable Pl, Edgewood Pl, Severn Ct, King George Blvd, Bending Rd, Dewey Ave, Hidden Brook Ln$964

Insurance rates are influenced by a number of factors including:

  • Year Built: 6,990 Homes (14% of total) built between 1939 or earlier in Ann Arbor are paying home insurance between $1,738-$1,750 in contrast with Barton Hills (+$800), Ann Arbor charter (+$196), Scio (+$46), Washtenaw County (-$39) and Ypsilanti (-$133).
  • Bedrooms: 17,044 2 bedrooms homes (35% of total homes ) in Ann Arbor are paying about $781 and differs from Barton Hills (+$357), Ann Arbor charter (+$87), Pittsfield charter (+$7), Washtenaw County (-$18) and Ypsilanti (-$52).
  • Auto Insurance Bundling: 9,453 Households (45% of all households) in Ann Arbor have 2 vehicles available and when it is bundled with home insurance you can save $162. Discounts for similar bundling in close by locations such as Barton Hills, Ann Arbor charter, Pittsfield charter come to $237, $180, $162 respectively.
  • Senior Discounts: 10,614 seniors (more than 55 years) occupied housing units (51% of total) in Ann Arbor get discounts between $121 to $124. The comparative concessions in proximate regions such as Barton Hills, Ann Arbor charter and Pittsfield charter are $177, $135 and $121 respectively.
  • New Homes discounts: New homes such as the 15,331 homes built between 2000 to 2009 in Ann Arbor can save $162 and similar new home insurance discounts in nearby towns and cities like Barton Hills, Ann Arbor charter and Pittsfield charter are $237, $180 and $162 respectively.

Ann Arbor Homeowners insurance Facts

  • Ann Arbor, MI has 20,799 owner occupied houses which is 45.5% of all units whereas Barton Hills, Ann Arbor charter and Pittsfield charter have 95.41%, 70.01% and 57.19% respectively.
  • Ann Arbor, MI homeowners yearly insurance price at $813 is 0.35% of the typical house value of $231,700 which is in contrast with 0.14% in Barton Hills, 0.24% at Ann Arbor charter & 0.35% in Pittsfield charter.
  • Homeowners in Ann Arbor, MI pay 1.08% of their income ($75,000 or more) in insurance whereas homeowners in Barton Hills, Ann Arbor charter and Pittsfield charter pay 1.58%, 1.21% and 1.08% respectively.
  • Ann Arbor, MI’s insurance is 3.6% of monthly housing costs of $1,878/month, for owners with a mortgage compared to 2.47% in Barton Hills, 2.81% at Ann Arbor charter & 3.36% in Pittsfield charter. But, for households without a mortgage, insurance is 9.5% of costs ($712 in Ann Arbor, MI) in contrast with 9.87% in Barton Hills, 8.19% at Ann Arbor charter & 10.19% in Pittsfield charter.

Ann Arbor, MI Home Values & Insurance rates

For example, insurance for 2,246 Homes (12.0% of total homes ) valued between $175,000 to $199,999 in Ann Arbor, MI is about $650. Rates in nearby areas in such as Ann Arbor charter, Scio, Lodi are cheaper by $208, $67, $113 respectively while Pittsfield charter and Washtenaw County are costlier by $7 and $88 respectively for similar homes.

Ann Arbor, MI Home By Value Total Homes % of Total Average Homeowners Insurance
Less than $50,000 545 3.0% $81
$50,000 to $59,999 191 1.0% $178
$60,000 to $69,999 224 1.0% $227
$70,000 to $79,999 220 1.0% $260
$80,000 to $89,999 379 2.0% $292
$90,000 to $99,999 363 2.0% $333
$100,000 to $124,999 1,089 6.0% $382
$125,000 to $149,999 956 5.0% $479
$150,000 to $174,999 1,747 9.0% $569
$175,000 to $199,999 2,246 12.0% $650
$200,000 to $249,999 3,845 21.0% $788
$250,000 to $299,999 2,803 15.0% $959
$300,000 to $399,999 3,128 17.0% $1227

Renters Insurance in Ann Arbor

  • Average Renters Insurance in Ann Arbor :  $12($1/month)

  • Median Gross Rent in Ann Arbor :  $978

  • Ann Arbor Renters Insurance to Median Rent Ratio:  0.1%

  • Average household size of renter-occupied unit :  2.17

Ann Arbor Renters Insurance as a Percentage of Rent

Ann Arbor Home By Monthly Rent Total Homes % of Total Estimated Monthly Income To Afford Rented House Including Renters Insurance
Less than $200 359 1.0% $303
$200 to $299 394 1.0% $753
$300 to $499 960 3.0% $1203
$500 to $749 3,565 14.0% $1878
$750 to $999 7,515 30.0% $2628
$1,000 to $1,499 8,121 33.0% $3753
$1,500 or more 3,547 14.0% $5403

Rent Affordability in Ann Arbor:

Approximately 49.0% (12,359) of households are spending more than 35% of their income on gross rent in Ann Arbor

Occupied units paying gross rent Total Households % of Total
Less than 15.0 percent 2,453 9.0%
15.0 to 19.9 percent 3,151 12.0%
20.0 to 24.9 percent 2,635 10.0%
25.0 to 29.9 percent 2,289 9.0%
30.0 to 34.9 percent 2,018 8.0%
35.0 percent or more 12,359 49.0%

Ann Arbor Renters Insurance Discounts:

Ann Arbor Renters Insurance Discounts by Number of Vehicles in Renter Occupied Housing Units

Number of Vehicles in Ann Arbor, MI Number of Housing Units % of Total Renters Insurance Insurance Savings by Bundling Auto Insurance
1 vehicle available 13,128 52.0% $1.2
2 vehicles available 5,441 21.0% $1.8
3 or more vehicles available 1,685 6.0% $2.4

Protective device discount in Ann Arbor Up to :  $1

Claims-free discount in Ann Arbor Up to :  $2