South Lyon Insurance Rates:

South Lyon, MI homeowners insurance is roughly $646 to $882, about $53-$73/month. Our exhaustive guide reveals consumers can save as much as $305 by comparing different quotes. Enter your zipcode below and click “GO” to get multiple free quotes.

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South Lyon, MI Homeowners Insurance By Home Value

South Lyon, MI Home Value Total Homes % of Total Average South Lyon, MI Homeowners Insurance
Less than $50,000 471 12.0% $122
$50,000 to $59,999 72 1.0% $259
$60,000 to $69,999 205 5.0% $320
$70,000 to $79,999 206 5.0% $374
$80,000 to $89,999 128 3.0% $420
$90,000 to $99,999 51 1.0% $473
$100,000 to $124,999 337 9.0% $550
$125,000 to $149,999 312 8.0% $687
$150,000 to $174,999 569 15.0% $809
$175,000 to $199,999 345 9.0% $939
$200,000 to $249,999 467 12.0% $1130
$250,000 to $299,999 265 7.0% $1382
$300,000 to $399,999 216 5.0% $1749

Top Home Insurance Agents Near South Lyon, MI

Home Insurance Company Near South Lyon, MI Homeowners Insurance Agency Near South Lyon, MI Address
NA R & A Insurance Services Inc 8061 21 Mile Road 8061 21 Mile Road Twp, Shelby, MI, 48317
Travelers Hantz Agency Llc 26200 AMERICAN DR 5TH FLOOR, SOUTHFIELD, MI, 48034
State Farm Kenya Wells 20021 Kelly Rd, Detroit, MI, 48225-1921
State Farm Marty O'Neill 22637 Woodward Ave, Ferndale, MI, 48220-1801
Travelers Ponta Castle Ingram Agency Inc 14061 13 MILE RD STE 2, WARREN, MI, 48088

Cost Of Homeowners Insurance By Street Near South Lyon, MI

Streets in South Lyon Area Homeowners Insurance Cost
Dean Dr, Browning St, Knollwood Cir, S Parkwood Dr, Stryker St, Winding Creek Dr, Glory Land St, Village Way, Longfellow St, Lyon Meadow Ct$777
Kay St, Lyon Ridge Dr, Franklin Ter, Winged Foot Way, Coach House Ln, Currie Ct, Concord Ln, Saddle Dr, Glen Meadows Dr, Clarks Ct$742
Lottie St, Corral Ln, Potomac Dr, S Reese St, Kestrel Ridge Dr, Oak Creek Dr, Chubb Rd, Parkwoods Dr, N Hagadorn St, Deaton Dr$772
Fairfield Ct, S Lyon Woods Dr, Eagle Crest Dr, Spangler Dr, Calkins, Hackney Ct, Martha Ln, Shinnecock Dr, Heritage Blvd, Cantor Ln$774
Northpark Dr, Kerry Ln, S Lafayette St, Russell Ln, Alexandria Ct, Sandra, Bud Ln, N Lafayette St, Chestnut Ln, Crest Ln E$826

South Lyon, MI Home Insurance Savings For Senior Occupied Homes

PlaceSavings For Senior Occupied Homes
South Lyon$113 to $115
Lyon charter$121
Green Oak$119
Salem$120

South Lyon, 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
Lyon charter township, Oakland County, Michigan $101 $135 $202
Green Oak township, Livingston County, Michigan $100 $133 $199
Salem township, Washtenaw County, Michigan $101 $134 $201

South Lyon, 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
South Lyon, MI3.8%11.6%
Lyon charter3.48%12.11%
Green Oak3.88%11.75%
Salem3.73%11.22%

South Lyon Renters Insurance as a Percentage of Rent

South Lyon Home By Monthly Rent Total Homes % of Total Estimated Monthly Income To Afford Rented House Including Renters Insurance
Less than $200 12 1.0% $335
$300 to $499 30 2.0% $1235
$500 to $749 492 44.0% $1910
$750 to $999 277 25.0% $2660
$1,000 to $1,499 247 22.0% $3785
$1,500 or more 36 3.0% $5435

South Lyon, MI Home Insurance Costs With Deductible Scenario

Low DeductibleHigh Deductible
Deductible$1,500$2,500
Yearly South Lyon Homeowner Insurance Premium Example $800$600
Out of Pocket Expense During Claim$1,500$2,500
Total Home Insurance Premium for 8 years + Out of Pocket Expense for Claim $7,900$7,300
Net Savings to South Lyon Home Owner from High Deductible Plan $600

South Lyon, MI Home Insurance Costs With Home Replacement Value Scenarios

Scenario South Lyon, MI Home Replacement Value MORE than Home Value South Lyon, MI Home Replacement Value LESS than Home Value
Replacement Value $219,000 $143,500
Insurance Premium based on Replacement Value $975 $625
Risk Exposure from Under Insuring Coverage Unnecessary Home Insurance Coverage of $27,500 Risk Exposure from Under Insuring Coverage is $48,000
Premium Impact Insurance cheaper by $225/year Insurance costlier by $125/year

Example South Lyon Homeowners Insurance Comparison Table to Compare The Cheapest Quotes

Insurance Company Chubb Group of InsuranceState FarmAllstate
Monthly Premium 4510253
Year Built 200619881993
Home Details 2 Beds, 1 Baths5 Beds, 1 Baths4 Beds, 3 Baths
Coverage Amount $150000-$175000$400000-$500000$150000-$175000
Deductible $1000-$2500 Deductible$5000 to $10,000 Deductible$500- $1000 Deductible

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

Year Built Home Value Roof Type Sqft Number of Bedrooms Deductible Premium Premium Months Siding Type Smoker/Non Smoker
1992 110,000 Wood Shake Roof 1,160 2 $500 Deductible 640 10 Wood siding yes
1991 135,000 Wood Shake Roof 1,740 3 $500- $1000 Deductible 200 5 Stucco siding No
1980 105,000 Tile Roof 1,270 3 $1000-$2500 Deductible 140 4 Brick siding No
1983 290,000 Tile Roof 2,980 5 $1000-$2500 Deductible 120 1 Stucco siding No
2014 175,000 Metal Roof 2,030 5 $500 Deductible 440 7 Stone Siding No
1996 95,000 Wood Shake Roof 1,200 2 $1000-$2500 Deductible 330 10 Wood siding No
2013 235,000 Membrane Roof 3,120 4 > $10,000 Deductible 210 3 Vinyl siding yes
1980 165,000 Shingles Roof 1,720 2 $2500-$5000 Deductible 460 9 Wood siding yes
2011 370,000 Wood Shake Roof 4,230 5 $500- $1000 Deductible 980 6 Vinyl siding No
1988 170,000 Shingles Roof 2,070 4 $1000-$2500 Deductible 760 10 Stucco siding yes
1997 225,000 Wood Shake Roof 2,130 3 > $10,000 Deductible 380 7 Vinyl siding No
1985 130,000 Shingles Roof 1,470 2 $500 Deductible 480 10 Fiber-Cement Siding No
1998 330,000 Composition Roof 3,370 4 $500 Deductible 790 6 Wood siding yes