Ada, MI homeowners insurance is roughly $694 to $962, about $57-$80/month. Our detailed analysis shows customers can save upto $331 by comparing different quotes. Enter your zipcode below and click “GO” to get multiple free quotes.
| Home Insurance Company Near Ada, MI | Homeowners Insurance Agency Near Ada, MI | Address |
|---|---|---|
| Liberty Mutual Independent | Lake Michigan Financial Group Llc | 5550 CASCADE RD SE, GRAND RAPIDS, MI, 49546 |
| Allstate | Mark Noffsinger | 5843 Harvey St, Norton Shores, MI, 49444 |
| State Farm | Ted Kiesling | 4225 W Main St Ste C, Kalamazoo, MI, 49006-2750 |
| Allstate | Corey Gouin | 1851 44th St SW Ste M, Wyoming, MI, 49519 |
| Place | 1 Car Bundle Savings On Insurance | 2 Car Bundle Savings On Insurance | 3 Car Bundle Savings On Insurance |
|---|---|---|---|
| Forest Hills CDP, Michigan | $103 | $137 | $206 |
| Kent County, Michigan | $95 | $126 | $189 |
| Grand Rapids charter township, Kent County, Michigan | $100 | $133 | $200 |
| Place | Home insurance as a % of housing cost for homes with mortgage | Home insurance as a % of housing cost for homes without mortgage |
|---|---|---|
| Ada, MI | 3.7% | 11.5% |
| Forest Hills | 3.5% | 10.82% |
| Kent County | 4.73% | 13.52% |
| Grand Rapids charter | 3.75% | 11.82% |
| Ada Home By Monthly Rent | Total Homes | % of Total | Estimated Monthly Income To Afford Rented House Including Renters Insurance |
|---|---|---|---|
| $750 to $999 | 14 | 7.0% | $2618 |
| $1,000 to $1,499 | 122 | 64.0% | $3743 |
| $1,500 or more | 54 | 28.0% | $5393 |
| Low Deductible | High Deductible | |
|---|---|---|
| Deductible | $1,900 | $2,900 |
| Yearly Ada Homeowner Insurance Premium Example | $3,500 | $3,300 |
| Out of Pocket Expense During Claim | $1,900 | $2,900 |
| Total Home Insurance Premium for 8 years + Out of Pocket Expense for Claim | $29,900 | $29,300 |
| Net Savings to Ada Home Owner from High Deductible Plan | $600 | |
| Scenario | Ada, MI Home Replacement Value MORE than Home Value | Ada, MI Home Replacement Value LESS than Home Value |
|---|---|---|
| Replacement Value | $266,000 | $177,000 |
| Insurance Premium based on Replacement Value | $1,175 | $775 |
| Risk Exposure from Under Insuring Coverage | Unnecessary Home Insurance Coverage of $34,000 | Risk Exposure from Under Insuring Coverage is $55,000 |
| Premium Impact | Insurance cheaper by $250/year | Insurance costlier by $150/year |
| Insurance Company | Allstate | Amica Mutual Insurance Company | Chubb Group of Insurance |
| Monthly Premium | 72 | 131 | 239 |
| Year Built | 1971 | 1981 | 2010 |
| Home Details | 3 Beds, 2 Baths | 4 Beds, 2 Baths | 5 Beds, 1 Baths |
| Coverage Amount | $200000-$250000 | $300000-$350000 | $600000-$700000 |
| Deductible | $500- $1000 Deductible | $1000-$2500 Deductible | $2500-$5000 Deductible |