Hamtramck, MI Home Insurance - Analysis On Quotes, Rates & Agents
Hamtramck Insurance Rates:
Hamtramck, MI homeowners insurance is about $596 to $811, about $49-$67/month. Our detailed guide indicates shoppers can save as much as $281 by getting multiple quotes. Enter your zipcode below and click “GO” to get multiple free quotes.
Latest Home Insurance Reviews
Grange InsuranceThe fact that grange has an auto withdrawal option with a discount for doing so is a nice option and the fact that they will do it monthly if requested is great as well
Farmer's InsuranceSeveral years ago my neighbor's tree fell down in a summer storm. part of the tree hit an edge of my roof. i called the hotline to report the incident. i was told they would send an adjuster on friday, what i assumed to be the next day. a few hours later when the tree was removed i discovered there was no damage. friday came and went and no one came. i called them on monday and told them not to bother coming as there was no damage. i was informed that they had not missed my appointment but they were planning on coming on a friday two weeks in the future. i don't consider that prompt service.
ForemostThe customer support is quite pleasant. i will only know the real value of the company when i file a claim. overall, it has been pleasant so far.
ForemostI've only had communication with them two times. The first time to set up my policy, which was okay. The second was to file a claim, which was good. Other than that, I have had no communication with them except to online pay them every month.
Meemic InsuranceI don't really feel that I need to communicate with them unless I need them.
Foremost InsuranceForemost offers all type of insurance for home owners including manufacturing and mobile home coverage.
Farmer's InsuranceIt is informative. I can contact the company easily without having to wait for my cell phone for the next operator.
AllstateI guess the premium we pay is fine, but it seems a little high for our home. I don't know what other people pay for their premium for a comparably priced home, but it just seems a little high.
State FarmMy insurance company constantly compares other providers to make sure that I am getting the best coverage for the best price. They show me the breakdown of what other companies cost compared to what they can offer me.
AllstateMy premiums are ok but considering the coverage I feel that they are a little high.
Hamtramck, MI Homeowners Insurance By Home Value
| Hamtramck, MI Home Value | Total Homes | % of Total | Average Hamtramck, MI Homeowners Insurance |
|---|---|---|---|
| Less than $50,000 | 1,508 | 44.0% | $316 |
| $50,000 to $59,999 | 408 | 11.0% | $667 |
| $60,000 to $69,999 | 251 | 7.0% | $829 |
| $70,000 to $79,999 | 397 | 11.0% | $956 |
| $80,000 to $89,999 | 353 | 10.0% | $1082 |
| $90,000 to $99,999 | 93 | 2.0% | $1216 |
| $100,000 to $124,999 | 258 | 7.0% | $1406 |
| $125,000 to $149,999 | 38 | 1.0% | $1757 |
| $150,000 to $174,999 | 45 | 1.0% | $2073 |
| $175,000 to $199,999 | 67 | 1.0% | $2397 |
Top Home Insurance Agents Near Hamtramck, MI
| Home Insurance Company Near Hamtramck, MI | Homeowners Insurance Agency Near Hamtramck, MI | Address |
|---|---|---|
| NA | Hartz Insurance Agency Llc | 1420 Broadway St 1420 Broadway St, Detroit, MI, 48226 |
| State Farm | John Avery | 709 W Ellsworth Rd Ste 112, Ann Arbor, MI, 48108-3392 |
| State Farm | Mark Khoury | 320 W Summit St Ste 2, Milford, MI, 48381-1563 |
| State Farm | Mark Rzepka | 500 N Pontiac Trl Ste B, Walled Lake, MI, 48390-3418 |
| Allstate | Michael Marcum | 19181 15 Mile Rd, Clinton Township, MI, 48035 |
Hamtramck, 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 |
|---|---|---|---|
| Highland Park city, Michigan | $88 | $117 | $175 |
| Detroit city, Michigan | $88 | $117 | $176 |
| Hazel Park city, Michigan | $89 | $118 | $177 |
Hamtramck, MI Area Home Insurance as a % of Housing Cost
| Place | Home insurance as a % of housing cost for homes with mortgage | Home insurance as a % of housing cost for homes without mortgage |
|---|---|---|
| Hamtramck, MI | 5.4% | 13.5% |
| Highland Park | 5.96% | 12.79% |
| Detroit | 5.01% | 12.76% |
| Hazel Park | 5.51% | 14.05% |
Hamtramck Renters Insurance as a Percentage of Rent
| Hamtramck Home By Monthly Rent | Total Homes | % of Total | Estimated Monthly Income To Afford Rented House Including Renters Insurance |
|---|---|---|---|
| Less than $200 | 133 | 4.0% | $375 |
| $200 to $299 | 214 | 7.0% | $825 |
| $300 to $499 | 484 | 16.0% | $1275 |
| $500 to $749 | 1,211 | 42.0% | $1950 |
| $750 to $999 | 495 | 17.0% | $2700 |
| $1,000 to $1,499 | 277 | 9.0% | $3825 |
| $1,500 or more | 48 | 1.0% | $5475 |
Hamtramck, MI Home Insurance Costs With Deductible Scenario
| Low Deductible | High Deductible | |
|---|---|---|
| Deductible | $600 | $1,600 |
| Yearly Hamtramck Homeowner Insurance Premium Example | $400 | $200 |
| Out of Pocket Expense During Claim | $600 | $1,600 |
| Total Home Insurance Premium for 8 years + Out of Pocket Expense for Claim | $3,800 | $3,200 |
| Net Savings to Hamtramck Home Owner from High Deductible Plan | $600 | |
Hamtramck, MI Home Insurance Costs With Home Replacement Value Scenarios
| Scenario | Hamtramck, MI Home Replacement Value MORE than Home Value | Hamtramck, MI Home Replacement Value LESS than Home Value |
|---|---|---|
| Replacement Value | $69,000 | $47,000 |
| Insurance Premium based on Replacement Value | $300 | $200 |
| Risk Exposure from Under Insuring Coverage | Unnecessary Home Insurance Coverage of $10,500 | Risk Exposure from Under Insuring Coverage is $11,500 |
| Premium Impact | Insurance cheaper by $50/year | Insurance costlier by $50/year |
Example Hamtramck Homeowners Insurance Comparison Table to Compare The Cheapest Quotes
| Insurance Company | Amica Mutual Insurance Company | Chubb Group of Insurance | Liberty Mutual |
| Monthly Premium | 77 | 69 | 37 |
| Year Built | 1951 | 1968 | 1947 |
| Home Details | 4 Beds, 1 Baths | 5 Beds, 1 Baths | 3 Beds, 1 Baths |
| Coverage Amount | $150000-$175000 | $200000-$250000 | $100000-$125000 |
| Deductible | $500 Deductible | $1000-$2500 Deductible | $2500-$5000 Deductible |
Sample Home Insurance Rates for Hamtramck, MI from Consumer Reviews & Surveys
| Year Built | Home Value | Roof Type | Sqft | Number of Bedrooms | Deductible | Premium | Premium Months | Siding Type | Smoker/Non Smoker |
|---|---|---|---|---|---|---|---|---|---|
| 1958 | 125,000 | Tile Roof | 3,010 | 5 | $1000-$2500 Deductible | 350 | 10 | Stucco siding | yes |
| 1944 | 120,000 | Membrane Roof | 2,150 | 3 | $500- $1000 Deductible | 440 | 10 | Stucco siding | yes |
| 1967 | 85,000 | Tile Roof | 1,970 | 3 | $500 Deductible | 20 | 1 | Stone Siding | No |
| 1958 | 135,000 | Tile Roof | 2,480 | 5 | $2500-$5000 Deductible | 430 | 10 | Fiber-Cement Siding | No |
| 1958 | 215,000 | Tile Roof | 4,440 | 5 | $500- $1000 Deductible | 680 | 10 | Stone Siding | No |
| 1957 | 125,000 | Wood Shake Roof | 2,740 | 4 | $2500-$5000 Deductible | 80 | 2 | Fiber-Cement Siding | No |
| 1961 | 185,000 | Wood Shake Roof | 3,810 | 5 | $2500-$5000 Deductible | 510 | 8 | Stone Siding | yes |
| 1958 | 100,000 | Slate Shingles Roof | 1,770 | 4 | $500- $1000 Deductible | 250 | 6 | Brick siding | yes |
| 1962 | 185,000 | Metal Roof | 4,450 | 5 | $5000 to $10,000 Deductible | 230 | 6 | Stucco siding | yes |
| 1962 | 90,000 | Tile Roof | 2,150 | 3 | $1000-$2500 Deductible | 30 | 1 | Stone Siding | No |
| 1944 | 140,000 | Asphalt Shingles Roof | 2,530 | 4 | $1000-$2500 Deductible | 480 | 10 | Stucco siding | No |
| 1953 | 140,000 | Membrane Roof | 3,360 | 4 | $500 Deductible | 650 | 10 | Fiber-Cement Siding | No |
| 1955 | 110,000 | Slate Shingles Roof | 1,860 | 3 | $500 Deductible | 70 | 2 | Vinyl siding | No |
| 1964 | 120,000 | Membrane Roof | 2,150 | 3 | $2500-$5000 Deductible | 430 | 12 | Stone Siding | yes |
| 1941 | 95,000 | Tile Roof | 2,340 | 3 | $2500-$5000 Deductible | 100 | 4 | Stucco siding | No |
| 1951 | 65,000 | Metal Roof | 1,560 | 2 | $500- $1000 Deductible | 240 | 12 | Wood siding | No |
| 1950 | 50,000 | Wood Shake Roof | 940 | 2 | $1000-$2500 Deductible | 30 | 2 | Brick siding | yes |
| 1946 | 205,000 | Slate Shingles Roof | 3,610 | 5 | $5000 to $10,000 Deductible | 200 | 5 | Wood siding | No |
| 1952 | 95,000 | Membrane Roof | 1,950 | 4 | $500 Deductible | 340 | 10 | Vinyl siding | yes |
| 1956 | 135,000 | Metal Roof | 2,900 | 4 | $500 Deductible | 400 | 6 | Fiber-Cement Siding | yes |
| 1958 | 85,000 | Composition Roof | 1,920 | 3 | $1000-$2500 Deductible | 30 | 1 | Stucco siding | yes |
| 1943 | 85,000 | Shingles Roof | 1,540 | 2 | $1000-$2500 Deductible | 20 | 1 | Fiber-Cement Siding | yes |
| 1943 | 105,000 | Composition Roof | 1,750 | 4 | $500 Deductible | 60 | 1 | Stone Siding | No |
| 1963 | 125,000 | Composition Roof | 2,280 | 3 | $500 Deductible | 160 | 4 | Stone Siding | No |
| 1958 | 115,000 | Slate Shingles Roof | 2,150 | 4 | $1000-$2500 Deductible | 190 | 4 | Fiber-Cement Siding | No |
| 1964 | 110,000 | Membrane Roof | 1,850 | 3 | $1000-$2500 Deductible | 300 | 5 | Fiber-Cement Siding | yes |
| 1952 | 80,000 | Shingles Roof | 1,550 | 2 | $500 Deductible | 170 | 4 | Brick siding | yes |
| 1952 | 85,000 | Membrane Roof | 1,680 | 4 | $2500-$5000 Deductible | 100 | 4 | Stone Siding | No |
| 1945 | 80,000 | Asphalt Shingles Roof | 1,430 | 3 | $500- $1000 Deductible | 190 | 8 | Stone Siding | yes |
| 1941 | 95,000 | Shingles Roof | 1,630 | 2 | $1000-$2500 Deductible | 30 | 1 | Stone Siding | yes |
| 1957 | 80,000 | Wood Shake Roof | 1,420 | 2 | $500- $1000 Deductible | 110 | 3 | Brick siding | No |
| 1961 | 155,000 | Wood Shake Roof | 2,590 | 4 | $500 Deductible | 70 | 1 | Stucco siding | No |
| 1941 | 65,000 | Shingles Roof | 1,420 | 2 | $500 Deductible | 150 | 6 | Stone Siding | No |
| 1955 | 240,000 | Membrane Roof | 3,970 | 5 | $1000-$2500 Deductible | 260 | 3 | Fiber-Cement Siding | No |