Dearborn, MI homeowners 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. Enter your zipcode below and click “GO” to get multiple free quotes.
| Home Insurance Company Near Dearborn, MI | Homeowners Insurance Agency Near Dearborn, MI | Address |
|---|---|---|
| State Farm | Neal Hopkins | 1720 W Sterns Rd, Temperance, MI, 48182-1541 |
| Nationwide | Olmstead Insurance Agency Inc | 2 Crocker Blvd Ste 302, Mt Clemens, MI, 48043-2528 |
| Farmers | Gerald Brodzik Lutcf | 696 N Mill St Ste 108, Plymouth, MI, 48170 |
| Place | 1 Car Bundle Savings On Insurance | 2 Car Bundle Savings On Insurance | 3 Car Bundle Savings On Insurance |
|---|---|---|---|
| Melvindale city, Michigan | $107 | $142 | $213 |
| Wayne County, Michigan | $110 | $146 | $219 |
| Allen Park city, Michigan | $111 | $148 | $222 |
| Place | Home insurance as a % of housing cost for homes with mortgage | Home insurance as a % of housing cost for homes without mortgage |
|---|---|---|
| Dearborn, MI | 4.2% | 11.4% |
| Melvindale | 5.58% | 15.95% |
| Wayne County | 4.44% | 12.44% |
| Allen Park | 4.62% | 12.69% |
| 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 |
| Streets in Dearborn Area | Homeowners Insurance Cost |
|---|---|
| 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 |
| Place | Savings For Senior Occupied Homes |
|---|---|
| Dearborn | $110 to $113 |
| Melvindale | $107 |
| Wayne County | $109 |
| Allen Park | $111 |
| Low Deductible | High Deductible | |
|---|---|---|
| Deductible | $1,400 | $2,400 |
| Yearly Dearborn Homeowner Insurance Premium Example | $1,100 | $900 |
| Out of Pocket Expense During Claim | $1,400 | $2,400 |
| Total Home Insurance Premium for 8 years + Out of Pocket Expense for Claim | $10,200 | $9,600 |
| Net Savings to Dearborn Home Owner from High Deductible Plan | $600 | |
| Scenario | Dearborn, MI Home Replacement Value MORE than Home Value | Dearborn, MI Home Replacement Value LESS than Home Value |
|---|---|---|
| Replacement Value | $95,000 | $68,500 |
| Insurance Premium based on Replacement Value | $450 | $325 |
| Risk Exposure from Under Insuring Coverage | Unnecessary Home Insurance Coverage of $17,000 | Risk Exposure from Under Insuring Coverage is $9,500 |
| Premium Impact | Insurance cheaper by $50/year | Insurance costlier by $75/year |
| Insurance Company | Farmers Insurance | Liberty Mutual | State Farm |
| Monthly Premium | 43 | 62 | 59 |
| Year Built | 1953 | 1966 | 1943 |
| Home Details | 3 Beds, 2 Baths | 4 Beds, 2 Baths | 5 Beds, 2 Baths |
| Coverage Amount | $100000-$125000 | $150000-$175000 | $175000-$200000 |
| Deductible | $500 Deductible | $500- $1000 Deductible | $1000-$2500 Deductible |