Dearborn Insurance Rates:

Dearborn, MI home insurance is roughly $629 to $852, about $52-$71/month. Our in depth guide indicates shoppers can save as much as $296 by getting many quotes

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

Dearborn Home Owner Insurance Quotes | Write a Review | Rates & Quotes Analysis
Nationwide Insurance
Home Insurance Rate of $500/12 months for $100000-$125000 Coverage
Policy Holder Home Details :

Home Value : $105,000

3 Beds, 3 Bath 1320 sqft Primary Residence Constructed In 1966 with Hardwood Flooring, Slate Shingles Roof, Slab Foundation, Fiber-Cement Siding, Stucco Construction. Home Features Include Copper Water Pipes, Central Air Conditioning, Circuit Breaker Electricals and Security by HomeOnly

About Policy Holder:

49 Years old Married Female who has a Part 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

  • 800-850 Credit Score

  • Guests at home

Home Insurance Rate of $350/6 months for $150000-$175000 Coverage
Policy Holder Home Details :

Home Value : $190,000

4 Beds, 4 Baths 2660 sqft Primary Residence Constructed In 1951 with Hardwood Flooring, Wood Shake Roof, Chainwall Foundation, Vinyl siding, Metal Frame Construction. Home Features Include Swimming Pool, Circuit Breaker Electricals and Security by HomeOnly

About Policy Holder:

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

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

  • 600-649 Credit Score

Home Insurance Rate of $750/8 months for $200000-$250000 Coverage
Policy Holder Home Details :

Home Value : $205,000

4 Beds, 4 Bath 2750 sqft Primary Residence Constructed In 1945 with Carpet Flooring, Composition Roof, Piers Foundation, Stucco siding, Brick Frame. Home Features Include Copper Water Pipes, Central Air Conditioning, Circuit Breaker Electricals and Security by HomeOnly

About Policy Holder:

74 Years old Married Female who is Retired with household income of $25-50,000 and has 1 Pet and is a Smoker

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

  • 500-549 Credit Score

  • Seniors staying at home

Home Insurance Rate of $680/12 months for $125000-$150000 Coverage
Policy Holder Home Details :

Home Value : $160,000

3 Beds, 3 Bath 2070 sqft Rental Property Constructed In 1951 with Hardwood Flooring, Metal Roof, Piers Foundation, Stone Siding, Stucco Construction. Home Features Include Swimming Pool, Central Air Conditioning, Deadbolt Locks, Fireplace, FuseBox Electricals and Security by HomeOnly

About Policy Holder:

37 Years old Divorced Female who has a Full Time Job with household income of $50-$75,000 and has 3 Pets and is a Smoker

Additional Details :
  • 75-100% Mortgage Paid off

  • 600-649 Credit Score

Home Insurance Rate of $320/8 months for $125000-$150000 Coverage
Policy Holder Home Details :

Home Value : $135,000

3 Beds, 3 Baths 2110 sqft Primary Residence Constructed In 1955 with Hardwood Flooring, Asphalt Shingles Roof, Crawl Space Foundation, Stucco siding, Stucco Construction. Home Features Include Central Air Conditioning, Copper Water Pipes, Smoke Alarm, Fire Extinguisher, FuseBox Electricals and Security by HomeOnly

About Policy Holder:

25 Years old Divorced Female who is a Freelancer with household income of $100-$150,000 and has No Pets and is a Smoker

Additional Details :
  • 50-75% Mortgage Paid off

  • 550-599 Credit Score

Home Insurance Rate of $510/10 months for $150000-$175000 Coverage
Policy Holder Home Details :

Home Value : $170,000

4 Beds, 4 Baths 2250 sqft Vacation Property Constructed In 1947 with Linoleum, Membrane Roof, Crawl Space Foundation, Wood siding, Brick Frame. Home Features Include Deadbolt Locks, Fire Extinguisher, Circuit Breaker Electricals and Security by HomeOnly

About Policy Holder:

45 Years old Single Female who is Unemployed with household income of less than $25,000 and has 1 Pet and is a Non-Smoker

Additional Details :
  • 25-50% Mortgage Paid off

  • 500-549 Credit Score

  • Seniors staying at home

Home Insurance Rate of $220/3 months for $175000-$200000 Coverage
Policy Holder Home Details :

Home Value : $170,000

3 Beds, 3 Bath 2050 sqft Primary Residence Constructed In 1969 with Stone Flooring, Metal Roof, Piers Foundation, Brick siding, Metal Frame Construction. Home Features Include Indoor Sprinklers, Copper Water Pipes, Smoke Alarm, Central Air Conditioning, FuseBox Electricals and Security by HomeOnly

About Policy Holder:

47 Years old Married Male who is a Freelancer with household income of less than $25,000 and has 3 Pets and is a Non-Smoker

Additional Details :
  • 25-50% Mortgage Paid off

  • 550-599 Credit Score

  • Seniors staying at home

Home Insurance Rate of $670/12 months for $200000-$250000 Coverage
Policy Holder Home Details :

Home Value : $205,000

5 Beds, 5 Baths 3230 sqft Rental Property Constructed In 1959 with Stone Flooring, Shingles Roof, Chainwall Foundation, Vinyl siding, Wood Frame. Home Features Include Fire Extinguisher, Indoor Sprinklers, Swimming Pool, FuseBox Electricals and Security by Monitoring Company

About Policy Holder:

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

Additional Details :
  • 25-50% Mortgage Paid off

  • 750-799 Credit Score

  • Seniors staying at home

Home Insurance Rate of $210/7 months for $75000-$100000 Coverage
Policy Holder Home Details :

Home Value : $100,000

3 Beds, 3 Baths 1380 sqft Vacation Property Constructed In 1967 with Wood Flooring, Membrane Roof, Crawl Space Foundation, Brick siding, Metal Frame Construction. Home Features Include Fireplace, Indoor Sprinklers, Fire Extinguisher, Smoke Alarm, FuseBox Electricals and Security by Monitoring Company

About Policy Holder:

48 Years old Married Female who has a Full Time Job with household income of $25-50,000 and has 1 Pet and is a Non-Smoker

Additional Details :
  • 25-50% Mortgage Paid off

  • 650-699 Credit Score

  • Guests at home

Home Insurance Rate of $360/12 months for $50,000-$75,000 Coverage
Policy Holder Home Details :

Home Value : $90,000

2 Beds, 2 Baths 1455 sqft Primary Residence Constructed In 1938 with Ceramic Tile Flooring, Slate Shingles Roof, Chainwall Foundation, Wood siding, Metal Frame Construction. Home Features Include Swimming Pool, Copper Water Pipes, FuseBox Electricals and Security by Monitoring Company

About Policy Holder:

65 Years old Divorced Male who is a Freelancer with household income of $100-$150,000 and has 2 Pets and is a Non-Smoker

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

  • 500-549 Credit Score

  • Seniors staying at home

  • Guests at home

Dearborn, MI Home Insurance by Zip Code

Zip Code Median Home Value Median Homeowners Insurance
48126 $95,300 $730
48120 $154,400 $790
48128 $135,300 $760
48124 $117,900 $750

Dearborn Rates & Quotes Analysis:

Dearborn Area Estimated House Insurance
Nowlin St, Appoline, Garrison St, Lanson, Waynewood Ct, Gould Ave, Robertson St, Byrd St, Haggerty Ave, Venice St$740
Alber St, Marvin Ave, Tenny St, Whitmore St, Wildwood St, Fordson Dr, Dale Pl, Cass St, Heather Dr, Roulo St$699
Westland St, Croissant St, N Lafayette St, W Elmdale St, Payne Ct, Ridgemont Ave, Amazon St, Raymond Ct, West Ln, Newton St$738
W Elm St, Cromwell St, Abbey Ln, Littlefield Blvd, Francis St, Roslyn St, Dix, Federal Dr, Larme Ave, Morley Ct$743
S York St, Cobb St, Duxbury Ln, Porath Ct, Winchester Dr, Gulley Pl, Kean St, Alice St, W Village Rd, Audette St$742

Insurance rates are influenced by a number of factors including:

  • Year Built: 9,670 Homes (26% of total homes ) built between 1940 to 1949 in Dearborn are paying home insurance between $1,490-$1,501. Places close to Dearborn, MI such as Livonia, Pleasant Ridge, Huntington Woods are more expensive by $53, $162, $190 respectively while Melvindale and Wayne County are cheaper by $57 and $25 respectively for similar homes.
  • Bedrooms: 4,896 4 bedrooms homes (13% of total homes ) in Dearborn are paying about $1,111. Areas near to Dearborn such as Riverview, Livonia, Southfield are costlier by $8, $42, $3 respectively whereas Melvindale and Wayne County are more economical by $40, $16 respectively for similar homes.
  • Auto Insurance Bundling: 9,570 Households (40% of all households) in Dearborn have 2 vehicles available and when it is bundled with home insurance you can save $148 and varies from Melvindale ($142), Wayne County ($146), Allen Park ($148).
  • Senior Discounts: 11,153 seniors (more than 55 years) occupied housing units (47% of total) in Dearborn get discounts between $110 to $113 in contrast with Melvindale ($107), Wayne County ($109), Allen Park ($111).
  • New Homes discounts: New homes such as the 12,759 homes built between 2000 to 2009 in Dearborn can save $148 and similar new home insurance discounts in nearby towns and cities like Melvindale, Wayne County and Allen Park are $142, $146 and $148 respectively.

Dearborn Homeowners insurance Facts

  • Dearborn, MI has 23,387 owner occupied houses which is 70.7% of all units whereas Melvindale, Wayne County and Allen Park have 62.01%, 65.51% and 87.32% respectively.
  • Dearborn, MI homeowners yearly insurance price at $741 is 0.64% of the typical house value of $115,300 which is in contrast with 0.98% in Melvindale, 0.75% at Wayne County & 0.65% in Allen Park.
  • Homeowners in Dearborn, MI pay 3.29% of their income ($20,000 to $24,999) in insurance whereas homeowners in Melvindale, Wayne County and Allen Park pay 3.17%, 3.24% and 3.29% respectively.
  • Dearborn, MI’s insurance is 4.2% of monthly housing costs of $1,455/month, for owners with a mortgage compared to 5.58% in Melvindale, 4.44% at Wayne County & 4.62% in Allen Park. But, for households without a mortgage, insurance is 11.4% of costs ($543 in Dearborn, MI) in contrast with 15.95% in Melvindale, 12.44% at Wayne County & 12.69% in Allen Park.

Dearborn, MI Home Values & Insurance rates

For example, insurance for 1,203 Homes (5.0% of total homes ) valued between $60,000 to $69,999 in Dearborn, MI is about $414. Rates in nearby areas in such as Riverview, Livonia, Southfield are cheaper by $27, $107, $13 respectively while Melvindale and Wayne County are costlier by $221 and $67 respectively for similar homes.

Dearborn, MI Home By Value Total Homes % of Total Average Homeowners Insurance
Less than $50,000 1,931 8.0% $155
$50,000 to $59,999 1,096 4.0% $333
$60,000 to $69,999 1,203 5.0% $414
$70,000 to $79,999 1,929 8.0% $481
$80,000 to $89,999 1,729 7.0% $540
$90,000 to $99,999 1,548 6.0% $607
$100,000 to $124,999 3,695 16.0% $703
$125,000 to $149,999 2,943 12.0% $881
$150,000 to $174,999 2,926 12.0% $1037
$175,000 to $199,999 1,183 5.0% $1200
$200,000 to $249,999 1,319 5.0% $1444
$250,000 to $299,999 730 3.0% $1763
$300,000 to $399,999 659 2.0% $2245

Renters Insurance in Dearborn

  • Average Renters Insurance in Dearborn :  $203($16/month)

  • Median Gross Rent in Dearborn :  $957

  • Dearborn Renters Insurance to Median Rent Ratio:  1.67%

  • Average household size of renter-occupied unit :  2.89

Dearborn Renters Insurance as a Percentage of Rent

Dearborn Home By Monthly Rent Total Homes % of Total Estimated Monthly Income To Afford Rented House Including Renters Insurance
Less than $200 141 1.0% $350
$200 to $299 243 2.0% $800
$300 to $499 609 6.0% $1250
$500 to $749 1,607 17.0% $1925
$750 to $999 2,409 26.0% $2675
$1,000 to $1,499 3,026 33.0% $3800
$1,500 or more 1,069 11.0% $5450

Rent Affordability in Dearborn:

Approximately 56.0% (5,521) of households are spending more than 35% of their income on gross rent in Dearborn

Occupied units paying gross rent Total Households % of Total
Less than 15.0 percent 1,005 10.0%
15.0 to 19.9 percent 779 8.0%
20.0 to 24.9 percent 691 7.0%
25.0 to 29.9 percent 905 9.0%
30.0 to 34.9 percent 793 8.0%
35.0 percent or more 5,521 56.0%

Dearborn Renters Insurance Discounts:

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

Number of Vehicles in Dearborn, MI Number of Housing Units % of Total Renters Insurance Insurance Savings by Bundling Auto Insurance
1 vehicle available 5,169 53.0% $20.3
2 vehicles available 2,221 22.0% $30.45
3 or more vehicles available 542 5.0% $40.6

Protective device discount in Dearborn Up to :  $30

Claims-free discount in Dearborn Up to :  $40