Otsego Insurance Rates:

Otsego, MI homeowners insurance is roughly $630 to $868, about $52-$72/month. Our exhaustive analysis shows customers can save upto $299 by comparing multiple quotes. Enter your zipcode below and click “GO” to get multiple free quotes.

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Otsego, MI Homeowners Insurance By Home Value

Otsego, MI Home Value Total Homes % of Total Average Otsego, MI Homeowners Insurance
Less than $50,000 226 13.0% $142
$50,000 to $59,999 21 1.0% $299
$60,000 to $69,999 30 1.0% $374
$70,000 to $79,999 84 4.0% $434
$80,000 to $89,999 158 9.0% $494
$90,000 to $99,999 66 3.0% $546
$100,000 to $124,999 275 15.0% $636
$125,000 to $149,999 210 12.0% $793
$150,000 to $174,999 206 11.0% $943
$175,000 to $199,999 146 8.0% $1086
$200,000 to $249,999 188 10.0% $1310
$250,000 to $299,999 77 4.0% $1602
$300,000 to $399,999 35 2.0% $2037

Top Home Insurance Agents Near Otsego, MI

Home Insurance Company Near Otsego, MI Homeowners Insurance Agency Near Otsego, MI Address
State Farm Lynne Farmer 408 Division St, Bangor, MI, 49013-1112
Liberty Mutual Independent Marvin Okun Agency Inc 527 S ROSE ST, KALAMAZOO, MI, 49007
State Farm Mary Beth Fleury Casl, Clu, Cpcu, Chfc 1114 W Michigan Ave, Three Rivers, MI, 49093
NA Van Dort Insurance Agency Inc 1054 Washington Grand Haven, Grand Haven, MI, 49417
NA South Haven Insurance Services 613-27 Huron St South Haven, South Haven, MI, 49090

Cost Of Homeowners Insurance By Street Near Otsego, MI

Streets in Otsego Area Homeowners Insurance Cost
West St, Carrie Ave, E River St, Joseph St, Allen, Edward, W Chart St, Carlton Ct, S Farmer St, Sycamore St$744
Muriel St, S Sherman St, Washington St, S Sunset St, Curt St, Watson Rd, Clan Alpine Rd, Centennial Ct, Kenneth St, N Platt St$741
E Franklin St, Eley St, E Van Bruggen, Ansbury Dr, E Hammond St, Co Rd 623, Foxmoor Dr, Alivia, Tanglewood Dr, Sheridan St$744
W Morrell St, Fox Mountain Dr, W River St, Earl St, Richelieu St, Brittany St, N Sunset St, River Rd, Joyce St, Thoreau Ct$742
Wintergreen Dr, Court St, W Hammond St, Nicholson St, Zak Rd, E Allegan St, Fairlane Rd, Smalla Ln, N Grant St, S Wilmott St$740

Otsego, MI Home Insurance Savings For Senior Occupied Homes

PlaceSavings For Senior Occupied Homes
Otsego$111 to $113
Plainwell$110
Watson$112
Trowbridge$113

Otsego, 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
Plainwell city, Michigan $92 $123 $184
Watson township, Allegan County, Michigan $94 $125 $188
Trowbridge township, Allegan County, Michigan $95 $126 $189

Otsego, 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
Otsego, MI5.7%16.8%
Plainwell6.06%15.2%
Watson4.68%14.13%
Trowbridge5.12%16.22%

Otsego Renters Insurance as a Percentage of Rent

Otsego Home By Monthly Rent Total Homes % of Total Estimated Monthly Income To Afford Rented House Including Renters Insurance
$200 to $299 13 3.0% $795
$300 to $499 49 11.0% $1245
$500 to $749 226 54.0% $1920
$750 to $999 122 29.0% $2670
$1,000 to $1,499 8 1.0% $3795

Otsego, MI Home Insurance Costs With Deductible Scenario

Low DeductibleHigh Deductible
Deductible$1,900$3,900
Yearly Otsego Homeowner Insurance Premium Example $1,400$900
Out of Pocket Expense During Claim$1,900$3,900
Total Home Insurance Premium for 7 years + Out of Pocket Expense for Claim $11,700$10,200
Net Savings to Otsego Home Owner from High Deductible Plan $1,500

Otsego, MI Home Insurance Costs With Home Replacement Value Scenarios

Scenario Otsego, MI Home Replacement Value MORE than Home Value Otsego, MI Home Replacement Value LESS than Home Value
Replacement Value $144,000 $103,500
Insurance Premium based on Replacement Value $575 $425
Risk Exposure from Under Insuring Coverage Unnecessary Home Insurance Coverage of $11,500 Risk Exposure from Under Insuring Coverage is $29,000
Premium Impact Insurance cheaper by $125/year Insurance costlier by $25/year

Example Otsego Homeowners Insurance Comparison Table to Compare The Cheapest Quotes

Insurance Company Liberty MutualNationwide InsuranceFarmers Insurance
Monthly Premium 609256
Year Built 200419442014
Home Details 3 Beds, 1 Baths4 Beds, 2 Baths5 Beds, 2 Baths
Coverage Amount $125000-$150000$250000-$300000$100000-$125000
Deductible $500- $1000 Deductible$2500-$5000 Deductible$500 Deductible

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

Year Built Home Value Roof Type Sqft Number of Bedrooms Deductible Premium Premium Months Siding Type Smoker/Non Smoker
2000 425,000 Tile Roof 4,960 5 $1000-$2500 Deductible 1080 8 Stucco siding No
2013 175,000 Wood Shake Roof 2,190 5 $500 Deductible 130 2 Wood siding No
1988 135,000 Membrane Roof 1,950 3 $500- $1000 Deductible 160 4 Fiber-Cement Siding No
1985 180,000 Metal Roof 2,200 5 $2500-$5000 Deductible 660 12 Vinyl siding yes
1985 240,000 Slate Shingles Roof 2,630 4 > $10,000 Deductible 390 7 Wood siding yes
2002 115,000 Tile Roof 1,340 3 $2500-$5000 Deductible 60 2 Stucco siding yes
2012 170,000 Tile Roof 1,720 3 $500 Deductible 650 7 Stucco siding yes
1943 175,000 Slate Shingles Roof 1,760 4 $5000 to $10,000 Deductible 500 12 Vinyl siding No
2014 135,000 Composition Roof 1,970 3 $1000-$2500 Deductible 90 2 Stucco siding No
1967 450,000 Shingles Roof 4,580 5 $5000 to $10,000 Deductible 1510 12 Wood siding yes
2010 165,000 Slate Shingles Roof 1,810 3 $500- $1000 Deductible 330 5 Stone Siding yes
1964 170,000 Wood Shake Roof 1,870 3 $5000 to $10,000 Deductible 310 9 Wood siding yes
1942 140,000 Metal Roof 1,490 3 $500 Deductible 60 1 Wood siding No
1981 185,000 Membrane Roof 2,280 3 $1000-$2500 Deductible 570 10 Brick siding No
1940 320,000 Composition Roof 3,950 5 $1000-$2500 Deductible 1410 9 Brick siding No
1966 175,000 Membrane Roof 2,110 3 $500 Deductible 650 7 Fiber-Cement Siding yes
1968 235,000 Tile Roof 2,910 5 $500 Deductible 1090 12 Wood siding No
1964 170,000 Wood Shake Roof 1,990 4 $2500-$5000 Deductible 330 7 Brick siding yes
1967 295,000 Tile Roof 4,200 5 $1000-$2500 Deductible 980 9 Vinyl siding No
2004 135,000 Membrane Roof 1,880 3 $2500-$5000 Deductible 600 12 Vinyl siding yes
2002 160,000 Composition Roof 1,830 5 $500 Deductible 500 9 Vinyl siding yes
2010 120,000 Wood Shake Roof 1,680 4 $1000-$2500 Deductible 210 5 Fiber-Cement Siding No
1983 200,000 Composition Roof 2,630 4 $2500-$5000 Deductible 920 12 Brick siding No
2001 125,000 Asphalt Shingles Roof 1,760 4 $1000-$2500 Deductible 190 4 Brick siding yes
2014 250,000 Composition Roof 2,760 4 $500- $1000 Deductible 420 4 Stucco siding yes
2014 140,000 Membrane Roof 1,420 3 $500- $1000 Deductible 390 8 Stone Siding yes
2013 105,000 Metal Roof 1,590 3 $2500-$5000 Deductible 120 4 Brick siding yes
1989 220,000 Composition Roof 2,310 3 $5000 to $10,000 Deductible 320 6 Fiber-Cement Siding No