Big Rapids Insurance Rates:

Big Rapids, MI home insurance is nearly $614 to $842, about $51-$70/month. Our complete guide shows customers can save as much as $291 by getting multiple quotes

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Read Big Rapids, Michigan Homeowners Insurance reviews & compare quotes to find the most reliable & cheapest quotes.

Big Rapids Home Owner Insurance Quotes | Write a Review | Rates & Quotes Analysis
State Farm
Home Insurance Rate of $60/1 month for $150000-$175000 Coverage
Policy Holder Home Details :

Home Value : $155,000

3 Beds, 3 Bath 2370 sqft Vacation Property Constructed In 1991 with Ceramic Tile Flooring, Asphalt Shingles Roof, Chainwall Foundation, Brick siding, Metal Frame Construction. Home Features Include Copper Water Pipes, Deadbolt Locks, Smoke Alarm, FuseBox Electricals and Security by HomeOnly

About Policy Holder:

46 Years old Single Male who is a Freelancer with household income of $100-$150,000 and has 1 Pet and is a Smoker

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

  • Up to 499 Credit Score

  • Seniors staying at home

Home Insurance Rate of $100/4 months for $50000-$75000 Coverage
Policy Holder Home Details :

Home Value : $85,000

3 Beds, 3 Bath 1510 sqft Rental Property Constructed In 1962 with Wood Flooring, Tile Roof, Slab Foundation, Vinyl siding, Metal Frame Construction. Home Features Include Smoke Alarm, Copper Water Pipes, Deadbolt Locks, FuseBox Electricals and Security by HomeOnly

About Policy Holder:

37 Years old Married Female who has a Full Time Job with household income of less than $25,000 and has 1 Pet and is a Smoker

Additional Details :
  • 75-100% Mortgage Paid off

  • Up to 499 Credit Score

Home Insurance Rate of $710/7 months for $350000-$400000 Coverage
Policy Holder Home Details :

Home Value : $320,000

5 Beds, 5 Bath 4540 sqft Seasonal Residence Constructed In 1989 with Carpet over wood flooring, Tile Roof, Chainwall Foundation, Vinyl siding, Brick Frame. Home Features Include Deadbolt Locks, Copper Water Pipes, Fireplace, Smoke Alarm, Circuit Breaker Electricals and Security by Monitoring Company

About Policy Holder:

68 Years old Single Female who has a Part Time Job with household income of $25-50,000 and has No Pets and is a Non-Smoker

Additional Details :
  • 50-75% Mortgage Paid off

  • 550-599 Credit Score

Home Insurance Rate of $500/9 months for $125000-$150000 Coverage
Policy Holder Home Details :

Home Value : $150,000

4 Beds, 4 Bath 2110 sqft Seasonal Residence Constructed In 1979 with Hardwood Flooring, Slate Shingles Roof, Slab Foundation, Stone Siding, Brick Frame. Home Features Include Fireplace, Swimming Pool, Copper Water Pipes, Central Air Conditioning, Circuit Breaker Electricals and Security by Monitoring Company

About Policy Holder:

47 Years old Divorced Female who has a Full Time Job with household income of $50-$75,000 and has 2 Pets and is a Non-Smoker

Additional Details :
  • 75-100% Mortgage Paid off

  • 550-599 Credit Score

Home Insurance Rate of $90/5 months for $50000-$75000 Coverage
Policy Holder Home Details :

Home Value : $70,000

3 Beds, 3 Baths 1250 sqft Primary Residence Constructed In 1966 with Carpet over wood flooring, Composition Roof, Crawl Space Foundation, Stucco siding, Brick Frame. Home Features Include Smoke Alarm, Central Air Conditioning, Deadbolt Locks, FuseBox Electricals and Security by Monitoring Company

About Policy Holder:

53 Years old Married Female who has a Part Time Job with household income of $25-50,000 and has 2 Pets and is a Non-Smoker

Additional Details :
  • 50-75% Mortgage Paid off

  • 750-799 Credit Score

Home Insurance Rate of $370/5 months for $200000-$250000 Coverage
Policy Holder Home Details :

Home Value : $275,000

5 Beds, 5 Baths 4100 sqft Rental Property Constructed In 1994 with Stone Flooring, Slate Shingles Roof, Slab Foundation, Stucco siding, Wood Frame. Home Features Include Fire Extinguisher, Circuit Breaker Electricals and Security by HomeOnly

About Policy Holder:

64 Years old Single Female who is Retired with household income of $25-50,000 and has 2 Pets and is a Non-Smoker

Additional Details :
  • 50-75% Mortgage Paid off

  • 700-749 Credit Score

  • Seniors staying at home

Home Insurance Rate of $80/2 months for $100000-$125000 Coverage
Policy Holder Home Details :

Home Value : $125,000

3 Beds, 3 Bath 1930 sqft Rental Property Constructed In 1991 with Ceramic Tile Flooring, Wood Shake Roof, Chainwall Foundation, Vinyl siding, Wood Frame. Home Features Include Deadbolt Locks, Swimming Pool, Copper Water Pipes, Smoke Alarm, FuseBox Electricals and Security by HomeOnly

About Policy Holder:

24 Years old Divorced Male who is a Freelancer with household income of $25-50,000 and has 2 Pets and is a Smoker

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

  • 550-599 Credit Score

  • Seniors staying at home

  • Guests at home

Home Insurance Rate of $270/7 months for $100000-$125000 Coverage
Policy Holder Home Details :

Home Value : $110,000

4 Beds, 4 Baths 1930 sqft Rental Property Constructed In 1969 with Carpet over wood flooring, Wood Shake Roof, Crawl Space Foundation, Vinyl siding, Metal Frame Construction. Home Features Include Indoor Sprinklers, Central Air Conditioning, Circuit Breaker Electricals and Security by HomeOnly

About Policy Holder:

68 Years old Married Male who is Unemployed and has 3 Pets and is a Smoker

Additional Details :
  • 25-50% Mortgage Paid off

  • 700-749 Credit Score

  • Seniors staying at home

  • Guests at home

Big Rapids, MI Home Insurance by Zip Code

Zip Code Median Home Value Median Homeowners Insurance
49307 $120,400 $750

Big Rapids Rates & Quotes Analysis:

Big Rapids Area Estimated House Insurance
Old Millpond Rd, Jefferson St, Stonehouse Shores Rd, 7 Mile Rd, 207th Ave, S Warren Ave, 177th Ave, 205th Ave, Circle Dr, Red Pine Dr$748
Newcosta Rd, Birch Park Dr, Lincoln St, Lincoln Rd, Okemos Rd, Rust Ave, N Dekrafft Ave, Sherman St, Morse Heights Rd, Elm Lake Rd$763
Riverside Dr, N Stewart Ave, Tyler Rd, Sumac Dr, Donna Rd, S Dekrafft Ave, Olaf St, N Campus Dr, Oakwood Dr, Hayes Rd$755
Cramer Rd, Kirk St, N Michigan Ave, Maple Dr, S Michigan Ave, New Millpond Rd, Vine St, Ives Ave, N Newcosta Ave, Madison Ave$753
Millpond Rd, Park View Dr, Shamrock Blvd, Finley Ave, W Grand Traverse St, Linden St, Green St, Cedar St, Parkview Dr, Escott St$743

Insurance rates are influenced by a number of factors including:

  • Year Built: 482 Homes (13% of total) built between 1970 to 1979 in Big Rapids are paying home insurance between $1,180-$1,191 compared to Big Rapids charter (+$47), Green charter (+$28), Colfax (+$45), Reed City (-$18) and Wilcox (-$13).
  • Bedrooms: 749 4 bedrooms homes (21% of total homes ) in Big Rapids are paying about $1,092. Areas near to Big Rapids such as Big Rapids charter, Green charter, Colfax are costlier by $43, $25, $42 respectively whereas Stanwood and Reed City are more economical by $18, $17 respectively for similar homes.
  • Auto Insurance Bundling: 246 Households (22% of all households) in Big Rapids have 3 or more vehicles available and when it is bundled with home insurance you can save $182 compared to Big Rapids charter ($189), Green charter ($186), Colfax ($189).
  • Senior Discounts: 555 seniors (more than 55 years) occupied housing units (51% of total) in Big Rapids get discounts between $108 to $110. The comparative concessions in proximate regions such as Big Rapids charter, Green charter and Mecosta are $113, $111 and $110 respectively.
  • New Homes discounts: New homes such as the 937 homes built between 2000 to 2009 in Big Rapids can save $145 and similar new home insurance discounts in nearby towns and cities like Big Rapids charter, Green charter and Colfax are $151, $149 and $151 respectively.

Big Rapids Homeowners insurance Facts

  • Big Rapids, MI has 1,074 owner occupied houses which is 34.8% of all units whereas Big Rapids charter, Green charter and Colfax have 72.11%, 70.54% and 88.98% respectively.
  • Big Rapids, MI homeowners yearly insurance price at $728 is 0.77% of the typical house value of $95,100 which is in contrast with 0.53% in Big Rapids charter, 0.61% at Green charter & 0.54% in Colfax.
  • Homeowners in Big Rapids, MI pay 4.16% of their income ($15,000 to $19,999) in insurance whereas homeowners in Big Rapids charter, Green charter and Colfax pay 4.33%, 4.26% and 4.32% respectively.
  • Big Rapids, MI’s insurance is 5.6% of monthly housing costs of $1,086/month, for owners with a mortgage compared to 4.7% in Big Rapids charter, 4.87% at Green charter & 5.44% in Colfax. But, for households without a mortgage, insurance is 16.6% of costs ($365 in Big Rapids, MI) in contrast with 18.02% in Big Rapids charter, 17.49% at Green charter & 15.52% in Colfax.

Big Rapids, MI Home Values & Insurance rates

For example, insurance for 16 Homes (1.0% of total homes ) valued between $300,000 to $399,999 in Big Rapids, MI is about $2,679. Rates in nearby areas in such as Big Rapids charter, Green charter, Colfax are cheaper by $817, $556, $782 respectively while Reed City and Chase are costlier by $569 and $209 respectively for similar homes.

Big Rapids, MI Home By Value Total Homes % of Total Average Homeowners Insurance
Less than $50,000 163 15.0% $189
$50,000 to $59,999 52 4.0% $400
$60,000 to $69,999 58 5.0% $495
$70,000 to $79,999 164 15.0% $567
$80,000 to $89,999 53 4.0% $647
$90,000 to $99,999 92 8.0% $720
$100,000 to $124,999 273 25.0% $837
$125,000 to $149,999 118 11.0% $1048
$150,000 to $174,999 67 6.0% $1237
$175,000 to $199,999 12 1.0% $1434
$300,000 to $399,999 16 1.0% $2679

Renters Insurance in Big Rapids

  • Average Renters Insurance in Big Rapids :  $236($19/month)

  • Median Gross Rent in Big Rapids :  $564

  • Big Rapids Renters Insurance to Median Rent Ratio:  3.37%

  • Average household size of renter-occupied unit :  2.32

Big Rapids Renters Insurance as a Percentage of Rent

Big Rapids Home By Monthly Rent Total Homes % of Total Estimated Monthly Income To Afford Rented House Including Renters Insurance
Less than $200 124 6.0% $359
$200 to $299 163 8.0% $809
$300 to $499 339 17.0% $1259
$500 to $749 768 39.0% $1934
$750 to $999 284 14.0% $2684
$1,000 to $1,499 184 9.0% $3809
$1,500 or more 87 4.0% $5459

Rent Affordability in Big Rapids:

Approximately 55.0% (1,118) of households are spending more than 35% of their income on gross rent in Big Rapids

Occupied units paying gross rent Total Households % of Total
Less than 15.0 percent 180 8.0%
15.0 to 19.9 percent 188 9.0%
20.0 to 24.9 percent 165 8.0%
25.0 to 29.9 percent 193 9.0%
30.0 to 34.9 percent 170 8.0%
35.0 percent or more 1,118 55.0%

Big Rapids Renters Insurance Discounts:

Big Rapids Renters Insurance Discounts by Number of Vehicles in Renter Occupied Housing Units

Number of Vehicles in Big Rapids, MI Number of Housing Units % of Total Renters Insurance Insurance Savings by Bundling Auto Insurance
1 vehicle available 923 45.0% $23.6
2 vehicles available 389 19.0% $35.4
3 or more vehicles available 290 14.0% $47.2

Big Rapids Senior Citizen Discounts:

Age Senior Occupied Housing Units % of Total Discount offered
55 to 59 years 48 2.0% $56
60 to 64 years 63 3.0% $45
65 to 74 years 110 5.0% $36
75 years and over 135 6.0% $28

Protective device discount in Big Rapids Up to :  $35

Claims-free discount in Big Rapids Up to :  $47