Ferndale Insurance Rates:

Ferndale, MI homeowners insurance is about $621 to $846, about $51-$70/month. Our thorough research indicates shoppers can save upto $293 by comparing different quotes. Enter your zipcode below and click “GO” to get multiple free quotes.

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Latest Home Insurance Reviews

State Farm
I like that i have an agent to go to when i have questions about my insurance. he provides me a personalized experience and handles things for me ,like adding/removing endorsements.
Liberty Mutual
Home insurance is very expensive. to have a peace of mind and to be able to feel safe knowing that in the event of a disaster an insurance company will replace any lost or damaged belongings takes a considerable amount from my paycheck each month.
State Farm
I like that if i have any questions or if i need to make any changes to my policies i am able to go into the office at a moments notice and do so without a big run around. the office staff, including the office manager are all very nice and very friendly when dealing with troubling times.
Nationwide
I generally like the website a lot. It is worth my time and did not take me long to find all the information I need.
Progressive
It was easy to use for the most part, but I did end up talking to someone on the phone in the end.
Foremost Insurance
Foremost has everyone beat on this. They call you, email you, text you, whatever they can do communicate every step of the claims process. It was so efficient and the money is in your account within 3 days after the claim rep views the damage and accesses the damage.
Nationwide
I like that they are prompt about sending out our policy each year and that we can bundle with our auto insurance for lower rates.

Ferndale, MI Homeowners Insurance By Home Value

Ferndale, MI Home Value Total Homes % of Total Average Ferndale, MI Homeowners Insurance
Less than $50,000 534 8.0% $176
$50,000 to $59,999 323 5.0% $367
$60,000 to $69,999 464 7.0% $455
$70,000 to $79,999 311 5.0% $528
$80,000 to $89,999 623 10.0% $594
$90,000 to $99,999 562 9.0% $667
$100,000 to $124,999 1,018 17.0% $770
$125,000 to $149,999 713 12.0% $968
$150,000 to $174,999 666 11.0% $1145
$175,000 to $199,999 242 4.0% $1321
$200,000 to $249,999 266 4.0% $1585
$250,000 to $299,999 107 1.0% $1937
$300,000 to $399,999 107 1.0% $2466

Top Home Insurance Agents Near Ferndale, MI

Home Insurance Company Near Ferndale, MI Homeowners Insurance Agency Near Ferndale, MI Address
NA Verbiest Insurance Agency, Inc. 22725 Greater Mack Ave Bldg B St. Clair Shores, St. Clair Shores, MI, 48080
NA Ksp Insurance 1420 Ford Avenue, Wyandotte, MI, 48192
State Farm Amy Bashi 1145 W Long Lake Rd Ste 300, Bloomfld Hls, MI, 48302-1364
Allstate Bill Jones 32667 Ford Rd, Garden City, MI, 48135
State Farm Brad Budka 9278 Highland Rd Ste 7, White Lake, MI, 48386-2385

Cost Of Homeowners Insurance By Street Near Ferndale, MI

Streets in Ferndale Area Homeowners Insurance Cost
Mapledale Ave, W Breckenridge St, W Troy Ave, Channing St, Burdette St, Allen Ave, Bonner St, Livernois St, Orchard St, E Bennette St$723
Jean St, Sylvan Ave, Kenton St, Hilton Rd, Huron Ave, E Marshall St, W Saratoga St, Leland St, Horton St, College St$718
Academy St, Gainsboro St, Fairwood St, Fairfield St, W Cambourne St, Westview Ave, E M-1 Svc Rd, Martin Rd, Jarvis St, Idaho Ave$718
Marie St, E Troy St, Annabelle St, Edgewood Pl, Farmdale St, Browning St, Channing St, Sonoma, Goodrich St, Hyland St$720
Vester St, E Webster St, Farrow St, University St, Laprairie St, W Hazelhurst St, E Drayton Ave, Marshfield St, Oakridge Blvd, W Maplehurst Ave$744

Ferndale, MI Home Insurance Savings For Senior Occupied Homes

PlaceSavings For Senior Occupied Homes
Ferndale$109 to $112
Pleasant Ridge$123
Royal Oak charter$107
Hazel Park$106

Ferndale, MI Auto & Homeowners Insurance Bundling Discounts

Place 1 Car Bundle Savings On Insurance 2 Car Bundle Savings On Insurance 3 Car Bundle Savings On Insurance
Pleasant Ridge city, Michigan $103 $137 $205
Royal Oak charter township, Oakland County, Michigan $90 $119 $179
Hazel Park city, Michigan $89 $118 $177

Ferndale, MI Area Home Insurance as a % of Housing Cost

PlaceHome insurance as a % of housing cost for homes with mortgageHome insurance as a % of housing cost for homes without mortgage
Ferndale, MI4.6%13.7%
Pleasant Ridge3.61%10.52%
Royal Oak charter4.56%10.03%
Hazel Park5.51%14.05%

Ferndale Renters Insurance as a Percentage of Rent

Ferndale Home By Monthly Rent Total Homes % of Total Estimated Monthly Income To Afford Rented House Including Renters Insurance
$200 to $299 213 6.0% $805
$300 to $499 244 7.0% $1255
$500 to $749 840 25.0% $1930
$750 to $999 983 29.0% $2680
$1,000 to $1,499 927 27.0% $3805
$1,500 or more 106 3.0% $5455

Ferndale, MI Home Insurance Costs With Deductible Scenario

Low DeductibleHigh Deductible
Deductible$1,400$3,400
Yearly Ferndale Homeowner Insurance Premium Example $1,200$800
Out of Pocket Expense During Claim$1,400$3,400
Total Home Insurance Premium for 7 years + Out of Pocket Expense for Claim $9,800$9,000
Net Savings to Ferndale Home Owner from High Deductible Plan $800

Ferndale, MI Home Insurance Costs With Home Replacement Value Scenarios

Scenario Ferndale, MI Home Replacement Value MORE than Home Value Ferndale, MI Home Replacement Value LESS than Home Value
Replacement Value $102,000 $56,500
Insurance Premium based on Replacement Value $500 $275
Risk Exposure from Under Insuring Coverage Unnecessary Home Insurance Coverage of $24,000 Risk Exposure from Under Insuring Coverage is $21,500
Premium Impact Insurance cheaper by $100/year Insurance costlier by $125/year

Example Ferndale Homeowners Insurance Comparison Table to Compare The Cheapest Quotes

Insurance Company Liberty MutualChubb Group of InsuranceNationwide Insurance
Monthly Premium 803436
Year Built 195119671948
Home Details 4 Beds, 3 Baths2 Beds, 1 Baths3 Beds, 2 Baths
Coverage Amount $200000-$250000$100000-$125000$125000-$150000
Deductible $2500-$5000 Deductible$1000-$2500 Deductible$1000-$2500 Deductible

Sample Home Insurance Rates for Ferndale, MI from Consumer Reviews & Surveys

Year Built Home Value Roof Type Sqft Number of Bedrooms Deductible Premium Premium Months Siding Type Smoker/Non Smoker
1965 115,000 Metal Roof 1,820 5 $1000-$2500 Deductible 320 10 Fiber-Cement Siding yes
1958 195,000 Wood Shake Roof 2,550 4 $500 Deductible 500 7 Fiber-Cement Siding No
1950 105,000 Wood Shake Roof 1,690 4 $1000-$2500 Deductible 140 3 Vinyl siding No
1951 190,000 Membrane Roof 2,210 5 $500- $1000 Deductible 70 1 Wood siding No
1948 105,000 Wood Shake Roof 1,680 2 $500 Deductible 210 5 Vinyl siding yes
1941 130,000 Wood Shake Roof 1,550 2 $2500-$5000 Deductible 340 9 Wood siding yes
1955 240,000 Shingles Roof 3,250 5 $1000-$2500 Deductible 470 6 Fiber-Cement Siding No
1965 250,000 Membrane Roof 2,930 4 $500 Deductible 970 9 Stucco siding yes
1964 270,000 Tile Roof 3,320 4 $2500-$5000 Deductible 580 6 Stucco siding No
1961 345,000 Tile Roof 4,900 5 $5000 to $10,000 Deductible 430 6 Stucco siding yes
1946 280,000 Shingles Roof 4,590 5 $2500-$5000 Deductible 500 8 Wood siding yes
1964 95,000 Wood Shake Roof 1,330 2 $1000-$2500 Deductible 200 6 Stucco siding yes
1949 260,000 Shingles Roof 3,930 5 $500- $1000 Deductible 1130 12 Fiber-Cement Siding yes
1948 135,000 Membrane Roof 1,540 2 $500- $1000 Deductible 370 5 Stucco siding yes
1952 75,000 Slate Shingles Roof 1,330 2 $500- $1000 Deductible 200 7 Vinyl siding yes
1966 200,000 Wood Shake Roof 3,320 4 $500 Deductible 470 6 Brick siding No
1965 145,000 Slate Shingles Roof 1,740 3 $500 Deductible 460 7 Vinyl siding yes
1963 145,000 Metal Roof 1,870 4 $2500-$5000 Deductible 640 10 Wood siding No
1958 95,000 Metal Roof 1,560 2 $2500-$5000 Deductible 250 6 Stone Siding No
1944 215,000 Membrane Roof 2,950 4 $1000-$2500 Deductible 780 8 Brick siding yes
1948 145,000 Metal Roof 2,400 3 $500 Deductible 600 9 Brick siding yes
1951 155,000 Slate Shingles Roof 1,890 3 $2500-$5000 Deductible 140 3 Stucco siding yes
1948 350,000 Membrane Roof 4,940 5 $500 Deductible 1210 8 Wood siding No
1956 60,000 Composition Roof 940 2 $500 Deductible 30 1 Stucco siding yes
1954 140,000 Slate Shingles Roof 1,970 3 $2500-$5000 Deductible 270 7 Stone Siding No
1940 75,000 Asphalt Shingles Roof 1,290 2 $2500-$5000 Deductible 30 1 Stone Siding yes