Westfield Insurance is the cheapest home insurance company in Michigan, with rates as low as $965 per year — $500 cheaper than the state average of $1,422 annually.
Cheapest homeowners insurance companies in Michigan
Based on our analysis of home insurance rates in every Michigan ZIP code, we found that the cheapest home insurance companies in Michigan are Westfield Insurance, AAA (which also made our list of the best home insurance companies in Michigan), and Frankenmuth Insurance — with statewide average premiums ranging from $965 to $1,118.
Company | Average annual cost |
|---|---|
Westfield Insurance | $965 |
$1,040 | |
Frankenmuth Insurance | $1,118 |
Hastings Mutual Insurance | $1,247 |
Pioneer State Mutual | $1,256 |
$1,372 | |
$1,393 | |
$1,484 | |
$1,587 | |
$1,683 | |
$1,717 | |
$1,890 | |
$2,628 | |
$4,348 |
Methodology & why you can trust our rates
Policygenius has analyzed home insurance rates provided by Quadrant Information Services in March 2022 for ZIP codes in all 50 states plus Washington, D.C., for a 40-year-old female homeowner with no claim history, good credit, a $1,000 deductible, and the following coverage limits:
Dwelling: $300,000
Other structures: $30,000
Personal property: $150,000
Loss of use: $60,000
Liability: $300,000
Medical: $1,000
All rates based on the above coverage limits except where otherwise noted.
Some carriers may be represented by affiliates or subsidiaries. Rates provided are a sample of costs. Your actual quotes may differ.
Learn more >> Our complete guide to home insurance in Michigan
Cheapest home insurance rates with a history of claims
If you have multiple claims on your record, you'll typically pay more for home insurance, as insurers will consider you more likely to file future claims than a homeowner with a spotless claims history.
With an average annual premium of $1,281, Westfield Insurance offers the cheapest home insurance rates in Michigan if you've filed three claims within a five-year period.
Company | Average annual cost |
|---|---|
Westfield Insurance | $1,281 |
AAA | $1,786 |
Pure Insurance | $1,887 |
State Farm | $1,922 |
Progressive | $1,951 |
Chubb | $2,056 |
USAA | $2,056 |
Hastings Mutual Insurance | $2,456 |
Cincinnati Insurance | $2,681 |
Farmers | $2,765 |
Frankenmuth Insurance | $3,044 |
Pioneer State Mutual | $4,505 |
The Hanover | $4,562 |
Farm Bureau Insurance | $11,039 |
Cheapest home insurance rates if you have poor credit
Insurance companies use your credit score as a factor in determining your premium, with lower scores resulting in higher rates. While they don’t look into your whole credit report, they will use your payment and credit history as an indicator of whether you're likely to file claims or pay your bills on time.
Not all insurers rely on credit scores, however, so it’s still possible to get an affordable rate if you have a low credit score.
With an average rate of $1,510 per year, Frankenmuth Insurance has the cheapest home insurance rates in Michigan for a homeowner with poor credit.
Company | Average annual cost |
|---|---|
Frankenmuth Insurance | $1,510 |
Hastings Mutual Insurance | $1,670 |
Westfield Insurance | $1,730 |
AAA | $1,731 |
USAA | $1,795 |
Pioneer State Mutual | $1,951 |
Progressive | $2,036 |
Auto-Owners Insurance | $2,195 |
Pure Insurance | $2,266 |
Cincinnati Insurance | $2,788 |
State Farm | $2,886 |
Farmers | $3,909 |
Chubb | $4,910 |
Farm Bureau Insurance | $7,162 |
The Hanover | $7,178 |
Cheapest home insurance rates if you have an older home
The median age of homes in Michigan is 49 years old, according to an analysis of U.S. census data by House Method. And like everything else, the age of your home plays a role in how much you pay for home insurance in Michigan.
Older and historic homes are usually more expensive to insure than newer homes. This is because they're more prone to structural damage than new homes. Older homes are also often constructed out of materials and with features that would be expensive to replace if they were damaged.
With an average annual premium of $1,080, AAA offers the cheapest home insurance rates in Michigan for a home over 100 years old.
Company | Average annual cost |
|---|---|
AAA | $1,080 |
Westfield Insurance | $1,088 |
Frankenmuth Insurance | $1,149 |
Hastings Mutual Insurance | $1,247 |
Pioneer State Mutual | $1,290 |
USAA | $1,423 |
Progressive | $1,457 |
Farmers | $1,488 |
Pure Insurance | $1,587 |
State Farm | $1,685 |
Chubb | $1,705 |
Cincinnati Insurance | $1,714 |
The Hanover | $3,024 |
Farm Bureau Insurance | $5,909 |
Common home insurance discounts in Michigan
Many insurance companies offer discounts for bundling home and auto insurance, paying your premium up front, not filing claims, and more. These are just some of the discounts that can add up to big savings on your policy:
Bundling discount
Claims-free discount
Affiliation discount
Protective devices discount
New construction discount
Learn more >> 13 homeowners insurance discounts
How to lower the cost of home insurance in Michigan
There are many things that can help you save on the cost of home insurance in Michigan, including taking advantage of available discounts, maintaining a good credit score, and raising your deductible. Another way to lower your homeowners insurance rates is by shopping around for home insurance in Michigan.
Why are home insurance rates in Michigan going up?
A combination of inflation and severe weather are driving up the cost of insurance all across the country, and Michigan is no exception. For example, although the average number of tornadoes per year in Michigan hasn’t changed much, the tornadoes have been more severe, causing significantly more damage than previous years. [1]
