Saginaw Insurance Rates:

Saginaw, MI home insurance is about $597 to $810, about $49-$67/month. Our exhaustive analysis indicates shoppers can save as much as $281 by getting multiple quotes

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Saginaw Home Owner Insurance Quotes | Write a Review | Rates & Quotes Analysis
Farmers Insurance
Home Insurance Rate of $550/10 months for $100000-$125000 Coverage
Policy Holder Home Details :

Home Value : $110,000

4 Beds, 4 Baths 2410 sqft Primary Residence Constructed In 1946 with Linoleum, Metal Roof, Chainwall Foundation, Wood siding, Metal Frame Construction. Home Features Include Indoor Sprinklers, Circuit Breaker Electricals and Security by HomeOnly

About Policy Holder:

70 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 :
  • 25-50% Mortgage Paid off

  • 650-699 Credit Score

  • Seniors staying at home

  • Guests at home

Home Insurance Rate of $70/4 months for $50000-$75000 Coverage
Policy Holder Home Details :

Home Value : $60,000

2 Beds, 2 Bath 940 sqft Vacation Property Constructed In 1954 with Ceramic Tile Flooring, Composition Roof, Slab Foundation, Fiber-Cement Siding, Wood Frame. Home Features Include Indoor Sprinklers, FuseBox Electricals and Security by Monitoring Company

About Policy Holder:

27 Years old Married Female who has a Full Time Job with household income of $75-$100,000 and has No 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 $170/8 months for $50000-$75000 Coverage
Policy Holder Home Details :

Home Value : $55,000

3 Beds, 3 Baths 1210 sqft Primary Residence Constructed In 1948 with Carpet over wood flooring, Slate Shingles Roof, Crawl Space Foundation, Wood siding, Wood Frame. Home Features Include Central Air Conditioning, Fireplace, Swimming Pool, Deadbolt Locks, FuseBox Electricals and Security by Monitoring Company

About Policy Holder:

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

Additional Details :
  • 25-50% Mortgage Paid off

  • 550-599 Credit Score

Home Insurance Rate of $590/10 months for $125000-$150000 Coverage
Policy Holder Home Details :

Home Value : $130,000

4 Beds, 4 Baths 2370 sqft Rental Property Constructed In 1962 with Carpet Flooring, Shingles Roof, Crawl Space Foundation, Wood siding, Wood Frame. Home Features Include Deadbolt Locks, Smoke Alarm, Indoor Sprinklers, Swimming Pool, FuseBox Electricals and Security by HomeOnly

About Policy Holder:

59 Years old Single Male who has a Full Time Job with household income of $50-$75,000 and has 1 Pet and is a Smoker

Additional Details :
  • 25-50% Mortgage Paid off

  • 800-850 Credit Score

  • Seniors staying at home

  • Guests at home

Home Insurance Rate of $260/5 months for $125000-$150000 Coverage
Policy Holder Home Details :

Home Value : $130,000

4 Beds, 4 Baths 2960 sqft Primary Residence Constructed In 1962 with Hardwood Flooring, Composition Roof, Slab Foundation, Brick siding, Brick Frame. Home Features Include Fire Extinguisher, Deadbolt Locks, FuseBox Electricals and Security by Monitoring Company

About Policy Holder:

36 Years old Single Male who is Unemployed with household income of less than $25,000 and has More than 3 Pets at home and is a Smoker

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

  • 600-649 Credit Score

Home Insurance Rate of $320/12 months for $50000-$75000 Coverage
Policy Holder Home Details :

Home Value : $60,000

2 Beds, 2 Bath 1070 sqft Rental Property Constructed In 1959 with Linoleum, Metal Roof, Crawl Space Foundation, Stone Siding, Brick Frame. Home Features Include Copper Water Pipes, Indoor Sprinklers, Central Air Conditioning, Fireplace, FuseBox Electricals and Security by HomeOnly

About Policy Holder:

57 Years old Married Male who is Unemployed and has 2 Pets and is a Non-Smoker

Additional Details :
  • 75-100% Mortgage Paid off

  • 500-549 Credit Score

  • Seniors staying at home

  • Guests at home

Home Insurance Rate of $140/6 months for $50000-$75000 Coverage
Policy Holder Home Details :

Home Value : $70,000

2 Beds, 2 Bath 1330 sqft Rental Property Constructed In 1976 with Stone Flooring, Wood Shake Roof, Piers Foundation, Wood siding, Wood Frame. Home Features Include Deadbolt Locks, Fire Extinguisher, Central Air Conditioning, Circuit Breaker Electricals and Security by HomeOnly

About Policy Holder:

35 Years old Single Male who has a Part Time Job with household income of less than $25,000 and has 3 Pets and is a Smoker

Additional Details :
  • 25-50% Mortgage Paid off

  • 600-649 Credit Score

  • Seniors staying at home

Home Insurance Rate of $20/1 month for $50000-$75000 Coverage
Policy Holder Home Details :

Home Value : $85,000

3 Beds, 3 Baths 1590 sqft Rental Property Constructed In 1972 with Linoleum, Wood Shake Roof, Piers Foundation, Vinyl siding, Metal Frame Construction. Home Features Include Indoor Sprinklers, Copper Water Pipes, FuseBox Electricals and Security by Monitoring Company

About Policy Holder:

27 Years old Divorced Male who has a Full Time Job with household income of $75-$100,000 and has More than 3 Pets at home and is a Non-Smoker

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

  • 650-699 Credit Score

  • Seniors staying at home

Home Insurance Rate of $280/12 months for $25,000-$50,000 Coverage
Policy Holder Home Details :

Home Value : $30,000

2 Beds, 2 Baths 904 sqft Primary Residence Constructed In 1940 with Stone Flooring, Composition Roof, Piers Foundation, Vinyl siding, Wood Frame. Home Features Include Copper Water Pipes, Circuit Breaker Electricals and Security by Monitoring Company

About Policy Holder:

63 Years old Divorced Male who has a Full Time Job with household income of less than $25,000 and has More than 3 Pets and is a Non-Smoker

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

  • 700-749 Credit Score

Saginaw, MI Home Insurance by Zip Code

Zip Code Median Home Value Median Homeowners Insurance
48604 $84,300 $730
48602 $63,300 $710
48607 $63,100 $720
48601 $54,100 $700
48603 $133,600 $770
48609 $126,200 $750

Saginaw Rates & Quotes Analysis:

Saginaw Area Estimated House Insurance
N Andre St, Reinhardt St, E Remington St, Phelon St, Wallgren Ct, Miller St, Stark St, Cedar St, Julius St, Nimons St$687
Passolt St, Wells St, S Wheeler St, Rust St, Superior St, S 12th St, Thompson St, Ivy St, Lee St, Hudson St$687
S 4th Ave, N 7th St, Adams St, Glasby St, Holden St, B St, Gaylord St, Manistee St, Dunmore Dr, Holmes St$736
Capehart Dr, Syracuse St, Gerhard Ct, Northmoor Rd, Huntley Ct, N Granger St, N Oakley St, N Niagara St, S Arvin Dr, Eaton St$703
S Washington Ave, Berger Rd, Cresswell St, Congress Court D, Bro Mor St, N 5th St, Houghton St, Wexford Dr, Farwell St, Borland Ave$695

Insurance rates are influenced by a number of factors including:

  • Year Built: 3,147 Homes (12% of total) built between 1960 to 1969 in Saginaw are paying home insurance between $1,232-$1,243 in contrast with Carrollton (+$18), Saginaw charter (+$84), Zilwaukee (+$30), Buena Vista (-$13) and Buena Vista charter (-$10).
  • Bedrooms: 10,672 3 bedrooms homes (44% of total homes ) in Saginaw are paying about $830 compared to Carrollton (+$13), Saginaw charter (+$57), Zilwaukee (+$20).
  • Auto Insurance Bundling: 4,380 Households (36% of all households) in Saginaw have 2 vehicles available and when it is bundled with home insurance you can save $140 and varies from Buena Vista ($139), Carrollton ($143), Saginaw charter ($150).
  • Senior Discounts: 5,700 seniors (more than 55 years) occupied housing units (47% of total) in Saginaw get discounts between $105 to $107 compared to Buena Vista ($104), Carrollton ($107), Saginaw charter ($112).
  • New Homes discounts: New homes such as the 5,502 homes built between 2000 to 2009 in Saginaw can save $140 and varies from Buena Vista ($139), Carrollton ($143), Saginaw charter ($150).

Saginaw Homeowners insurance Facts

  • Saginaw, MI has 11,924 owner occupied houses which is 61.1% of all units whereas Buena Vista, Carrollton and Saginaw charter have 57.61%, 74.96% and 64.36% respectively.
  • Saginaw, MI homeowners yearly insurance price at $704 is 1.27% of the typical house value of $55,600 which is in contrast with 1.57% in Buena Vista, 0.97% at Carrollton & 0.56% in Saginaw charter.
  • Homeowners in Saginaw, MI pay 2.56% of their income ($25,000 to $29,999) in insurance whereas homeowners in Buena Vista, Carrollton and Saginaw charter pay 2.53%, 2.6% and 2.73% respectively.
  • Saginaw, MI’s insurance is 6.3% of monthly housing costs of $936/month, for owners with a mortgage compared to 6.08% in Buena Vista, 6.43% at Carrollton & 4.91% in Saginaw charter. But, for households without a mortgage, insurance is 14.8% of costs ($397 in Saginaw, MI) in contrast with 16.55% in Buena Vista, 15.64% at Carrollton & 13.96% in Saginaw charter.

Saginaw, MI Home Values & Insurance rates

For example, insurance for 1,544 Homes (13.0% of total homes ) valued between $50,000 to $59,999 in Saginaw, MI is about $661. Rates in nearby areas in such as Carrollton, Saginaw charter, Zilwaukee are cheaper by $161, $368, $207 respectively while Buena Vista and Buena Vista charter are costlier by $154 and $100 respectively for similar homes.

Saginaw, MI Home By Value Total Homes % of Total Average Homeowners Insurance
Less than $50,000 5,096 43.0% $309
$50,000 to $59,999 1,544 13.0% $661
$60,000 to $69,999 1,197 10.0% $816
$70,000 to $79,999 995 8.0% $943
$80,000 to $89,999 794 6.0% $1070
$90,000 to $99,999 594 5.0% $1196
$100,000 to $124,999 684 5.0% $1386
$125,000 to $149,999 297 2.0% $1738
$150,000 to $174,999 216 1.0% $2055
$200,000 to $249,999 123 1.0% $2851
$300,000 to $399,999 142 1.0% $4428

Renters Insurance in Saginaw

  • Average Renters Insurance in Saginaw :  $301($25/month)

  • Median Gross Rent in Saginaw :  $654

  • Saginaw Renters Insurance to Median Rent Ratio:  3.82%

  • Renter occupied housing units in Saginaw :  7,578

Saginaw Renters Insurance as a Percentage of Rent

Saginaw Home By Monthly Rent Total Homes % of Total Estimated Monthly Income To Afford Rented House Including Renters Insurance
Less than $200 321 4.0% $375
$200 to $299 483 6.0% $825
$300 to $499 1,125 15.0% $1275
$500 to $749 2,552 35.0% $1950
$750 to $999 1,629 22.0% $2700
$1,000 to $1,499 935 13.0% $3825
$1,500 or more 72 1.0% $5475

Rent Affordability in Saginaw:

Approximately 65.0% (4,929) of households are spending more than 35% of their income on gross rent in Saginaw

Occupied units paying gross rent Total Households % of Total
Less than 15.0 percent 562 7.0%
15.0 to 19.9 percent 446 5.0%
20.0 to 24.9 percent 428 5.0%
25.0 to 29.9 percent 733 9.0%
30.0 to 34.9 percent 480 6.0%
35.0 percent or more 4,929 65.0%

Saginaw Renters Insurance Discounts:

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

Number of Vehicles in Saginaw, MI Number of Housing Units % of Total Renters Insurance Insurance Savings by Bundling Auto Insurance
1 vehicle available 3,909 51.0% $30.1
2 vehicles available 1,126 14.0% $45.15
3 or more vehicles available 99 1.0% $60.2

Protective device discount in Saginaw Up to :  $45

Claims-free discount in Saginaw Up to :  $60