Troy Insurance Rates:

Troy, MI homeowners insurance is approximately $687 to $933, about $57-$77/month. Our extensive research indicates shoppers can save as much as $324 by getting different quotes. Enter your zipcode below and click “GO” to get multiple free quotes.

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Latest Home Insurance Reviews

Allstate
Bundle options are great. very satisfied to deal with the same company for home and auto insurance. always been a deal breaker.
Farmer's Insurance
Lower than average customer service levels: the company has a smaller amount of employees/networks, and cannot provide the amount of support to their customers as others can.
Allstate
I love that they do not raise my rates for my first accident and forgive me for something that is not my fault.
Farmer's Insurance
I really don't dislike much about my company but if I were to nitpick, it would be the constant emails I receive. Sometimes it is annoying to have my inbox full of messages about deals and coverages.
State Farm
We do not like dealing with the local office. They are slow and have weird hours because it is only one insurance agent who works there and deals with all types of insurance. It's annoying to have to take time out of the day to physically visit a place to get things done if needed. I much prefer online or an app.
State Farm
I think the State Farm site and app are both great. They are extremely easy to navigate and I can find exactly what I'm looking for with just a few clicks. They organize their information intuitively to me and it's very easy to get in contact with a real person. I really appreciate that.

Troy, MI Homeowners Insurance By Home Value

Troy, MI Home Value Total Homes % of Total Average Troy, MI Homeowners Insurance
Less than $50,000 541 2.0% $89
$70,000 to $79,999 303 1.0% $267
$80,000 to $89,999 379 1.0% $299
$90,000 to $99,999 311 1.0% $332
$100,000 to $124,999 1,154 5.0% $388
$125,000 to $149,999 1,209 5.0% $486
$150,000 to $174,999 2,525 12.0% $575
$175,000 to $199,999 2,413 11.0% $664
$200,000 to $249,999 4,509 21.0% $801
$250,000 to $299,999 3,513 17.0% $980
$300,000 to $399,999 3,447 16.0% $1247

Top Home Insurance Agents Near Troy, MI

Home Insurance Company Near Troy, MI Homeowners Insurance Agency Near Troy, MI Address
NA Kurth Agencies, Inc. 28959 Joy Rd , Westland, MI, 48185
Allstate Claudia V Lynn 29930 W 12 Mile Rd Ste 2, Farmington Hills, MI, 48334
Liberty Mutual Independent Consolidated Agencies Inc. 33261 Woodward Ave, Birmingham, MI, 48009
State Farm Julie Carter 8090 Wiloray Ave, Shelby Twp, MI, 48317-1650
Liberty Mutual Todd Boone 34405 W. 12 Mile Rd Suite 130, Farmington Hills, MI, 48331

Cost Of Homeowners Insurance By Street Near Troy, MI

Streets in Troy Area Homeowners Insurance Cost
Belzair Dr, Michele Ct, Valley Vista Rd, Dominique Dr, Christy Ct, Investment Dr, Medford Dr, Taylor Dr, Killarney Dr, Ranieri Dr$817
Freemont Dr, Cherished View Dr, Glencastle Dr, Fernlee Ave, Newton Dr, Saratoga Dr, New Castle Dr, Chatfield Ln, Longview Dr, Springbrook$810
Seminole Dr, Country Ridge Dr, Valley Vista Ct, Red Maple Dr, Tewksbury Dr, Folkstone Dr, Paint Creek Dr, Tipton, Eckford Cir, Paddington Dr$868
Mayberry Dr, Evaline St, Edenborough Rd, Devonwood Dr, Harbor, Flint, Limerick Ln, Boros Dr, Hempstead Dr, Braemar Dr$811
Shire Ct, Amberly Ln, Joshua Dr, Technology Dr, Eastbourne Dr, Canmoor, Limestone Dr, Michael Dr, Brightwood Dr, Glouchester Dr$823
Jill Dr, Hartland Dr, Caliper Dr, Colling Dr, Lyons Dr, Bonito Dr, Brooklawn Dr, Stirling Dr, Wilshire Dr, Renshaw Dr$820
Provincial Dr, Tothill St, Revere Dr, Medford Ct, Harrington Dr, Cobblestone Dr, Cambria Dr, Saffron Dr, Fountain Dr, Villa Park Dr$898
Nash Dr, Zenia Dr, Queen Dr, Rockfield Dr, Hanover Dr, Red Run Dr, Lawson Ct, Stone Haven Dr, Connolly Dr, Souter Dr$801
Club Dr, Tranquil Dr, Prescott Dr, Whisper Way Dr, Crestfield Ave, Saffron Ct, Hopedale Dr, Waterloo Dr, Erickson Dr, Little Creek Dr$897
Clearview Ct, Beldale Dr, Edith Ct, Shallowdale Dr, Quincy Dr, Warbler Ct, Windrush Dr, Abington Dr, St Andrews St, Berwyck Dr$802

Troy, MI Home Insurance Savings For Senior Occupied Homes

PlaceSavings For Senior Occupied Homes
Troy$121 to $123
Clawson$112
Birmingham$132
Bloomfield Hills$163

Troy, 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
Clawson city, Michigan $94 $125 $188
Birmingham city, Michigan $110 $147 $220
Bloomfield Hills city, Michigan $136 $181 $272

Troy, 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
Troy, MI3.5%10.4%
Clawson4.35%13.85%
Birmingham2.92%8.38%
Bloomfield Hills2.27%9.06%

Troy Renters Insurance as a Percentage of Rent

Troy Home By Monthly Rent Total Homes % of Total Estimated Monthly Income To Afford Rented House Including Renters Insurance
Less than $200 146 2.0% $305
$200 to $299 167 2.0% $755
$300 to $499 379 5.0% $1205
$500 to $749 726 10.0% $1880
$750 to $999 1,903 26.0% $2630
$1,000 to $1,499 2,288 32.0% $3755
$1,500 or more 1,502 21.0% $5405

Troy, MI Home Insurance Costs With Deductible Scenario

Low DeductibleHigh Deductible
Deductible$1,600$3,600
Yearly Troy Homeowner Insurance Premium Example $1,400$900
Out of Pocket Expense During Claim$1,600$3,600
Total Home Insurance Premium for 5 years + Out of Pocket Expense for Claim $8,600$8,100
Net Savings to Troy Home Owner from High Deductible Plan $500

Troy, MI Home Insurance Costs With Home Replacement Value Scenarios

Scenario Troy, MI Home Replacement Value MORE than Home Value Troy, MI Home Replacement Value LESS than Home Value
Replacement Value $426,000 $338,500
Insurance Premium based on Replacement Value $2,525 $2,000
Risk Exposure from Under Insuring Coverage Unnecessary Home Insurance Coverage of $42,000 Risk Exposure from Under Insuring Coverage is $45,500
Premium Impact Insurance cheaper by $275/year Insurance costlier by $250/year

Example Troy Homeowners Insurance Comparison Table to Compare The Cheapest Quotes

Insurance Company State FarmChubb Group of InsuranceAllstate
Monthly Premium 12510572
Year Built 198820071997
Home Details 3 Beds, 2 Baths4 Beds, 1 Baths5 Beds, 2 Baths
Coverage Amount $300000-$350000$250000-$300000$200000-$250000
Deductible $1000-$2500 Deductible$500 Deductible$1000-$2500 Deductible

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

Year Built Home Value Roof Type Sqft Number of Bedrooms Deductible Premium Premium Months Siding Type Smoker/Non Smoker
1981 395,000 Tile Roof 2,660 4 $500- $1000 Deductible 680 4 Wood siding yes
2005 450,000 Membrane Roof 3,150 4 $500 Deductible 270 1 Brick siding yes
1997 320,000 Metal Roof 2,930 5 > $10,000 Deductible 420 6 Vinyl siding No
1993 270,000 Slate Shingles Roof 2,020 3 $1000-$2500 Deductible 400 5 Fiber-Cement Siding yes
1973 320,000 Tile Roof 2,200 4 $1000-$2500 Deductible 1120 12 Brick siding No
1996 255,000 Tile Roof 2,420 5 $500 Deductible 670 6 Wood siding No
1996 200,000 Asphalt Shingles Roof 1,830 5 $500- $1000 Deductible 420 7 Vinyl siding No
1987 240,000 Composition Roof 2,240 3 $500 Deductible 490 5 Fiber-Cement Siding yes
1993 415,000 Wood Shake Roof 3,280 4 $500 Deductible 1680 10 Vinyl siding yes
2005 185,000 Wood Shake Roof 1,390 3 $2500-$5000 Deductible 600 12 Fiber-Cement Siding No
1993 520,000 Slate Shingles Roof 4,620 5 > $10,000 Deductible 1100 8 Wood siding No
1983 290,000 Membrane Roof 2,600 4 $2500-$5000 Deductible 590 7 Wood siding No
2002 370,000 Asphalt Shingles Roof 2,980 4 $500 Deductible 1060 6 Stucco siding No
1985 385,000 Tile Roof 3,250 5 $2500-$5000 Deductible 1110 10 Vinyl siding yes
1982 375,000 Tile Roof 3,400 4 $500- $1000 Deductible 510 5 Vinyl siding No
1980 195,000 Membrane Roof 1,880 4 $500 Deductible 210 2 Wood siding No
1992 180,000 Composition Roof 1,310 3 $500 Deductible 800 12 Stone Siding yes
1978 290,000 Metal Roof 2,330 3 $5000 to $10,000 Deductible 190 3 Stucco siding yes
2006 335,000 Slate Shingles Roof 3,120 5 $5000 to $10,000 Deductible 430 7 Stucco siding yes
1971 685,000 Metal Roof 4,740 5 $500- $1000 Deductible 740 3 Wood siding No
1984 165,000 Wood Shake Roof 1,600 3 $500 Deductible 690 9 Wood siding yes
1987 285,000 Slate Shingles Roof 1,990 5 $1000-$2500 Deductible 190 3 Stucco siding No
2008 300,000 Asphalt Shingles Roof 2,670 4 > $10,000 Deductible 180 2 Stucco siding No
1981 520,000 Composition Roof 3,530 5 $500- $1000 Deductible 1280 7 Wood siding No
1975 375,000 Asphalt Shingles Roof 3,110 4 $5000 to $10,000 Deductible 170 2 Stucco siding No
1998 265,000 Asphalt Shingles Roof 1,920 3 $2500-$5000 Deductible 230 3 Vinyl siding No