The 4 Best Michigan Homeowners Insurance Companies

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Although the statewide average for Michigan home insurance premiums is $865 per year, costs can vary a great deal. Your location, your choice of provider and your home itself are among the many factors that determine your premiums.

Variations in prices make it all the more important to shop around for the best possible premiums and coverage for your living situation. We’ve outlined our top picks for Michigan homeowners insurance below and included an easy-to-use quote tool so you can get started with your research:

Find the Best Home Insurance

Enter your ZIP code below and be sure to click at least 2-3 companies to find the very best rate.

Best Home Insurance in Michigan

Four companies stand out in The Simple Dollar’s evaluation of Michigan home insurance providers:

  • State Farm
  • Progressive
  • AAA
  • Farmers

Does insurance cover wind damage?

A storm packing wind gusts as high as 60 mph swept through parts of Michigan in March 2017, leaving toppled trees in its wake. Fortunately for the affected homeowners, most standard insurance policies offer coverage for damage caused by severe wind. If you worry about high winds making a return, make sure to ask about wind-related damage when you compare the best homeowners insurance companies in Michigan.

State Farm

State Farm is the nation’s largest provider of homeowners insurance and offers some of the cheapest policy options available to Michigan residents.

State Farm offers standard coverage for just about every type of home and living situation — whether you live in a single-family home, a mobile home, in a condo, or on a ranch or farm, State Farm has you covered. A basic Michigan homeowners insurance policy protects your dwelling against most common types of damage, and there are loads of additional coverage options available to supplement your policy as you see fit.

The company also offers educational resources and information to help you gauge the appropriate level of insurance coverage necessary to meet the needs of your specific living arrangement. The Home Inventory tool from State Farm, for example, maintains a digital inventory of your covered possessions and their value, allowing you to better determine your policy limit and respond efficiently and calculate your losses accurately when filing a claim.

State Farm provides strong claim management tools and customer support, and is consistently backed by the highest possible financial strength rating from A.M. Best.

Progressive

Progressive offers Michigan homeowners insurance at an affordable price with comprehensive coverage. A standard Progressive policy provides coverage against damage made to your dwelling and personal property, protects you from liability, pays any medical bills incurred as a result of the damage, and pays for additional living expenses in the event that your home is too damaged for you to safely reside there during repairs.

Progressive also offers a number of additional coverage options. Their personal property endorsement lets you cover items and valuables that aren’t included in your standard policy, such as computers, firearms, jewelry and heirlooms. Their Guaranteed Replacement feature provides complete coverage for your home, and their personal umbrella policy offers up to $5 million in added protection for liability claims, offering you total peace of mind.

Progressive customers benefit from certain discounts, including those for bundling policies or installing protective devices, but the company lacks many of the discount options offered by competitors. Although Progressive typically has lower rates, if you are a new homeowner, have a solid claim-free record, or recently renovated your home, it may be worthwhile to check out other policies and factor in the price breaks you would receive into your quote comparison.

AAA

As the center of American auto manufacturing, Michigan’s Auto Club Group is understandably one of the largest AAA clubs in the country, and actually holds down a sizable share of the Michigan homeowners insurance market. The company has an excellent rating from A.M. Best and is well-known for providing members with numerous perks and benefits.

Becoming a AAA member not only affords you the security of roadside assistance whenever you need it, but also provides you with discounts on dining, shopping, and travel — as well as low premiums on your home insurance policy. AAA applies additional price breaks if you bundle your policies, install security devices, insure a new or recently renovated home, or are a customer over the age of 50.

AAA offers coverage for your home, garage, and utility buildings as well as personal liability, medical payments, additional expenses, and theft. Enhanced coverage options are also available to secure your personal belongings, valuables, and identity. AAA also has upgrade options — their Protection Plus and Platinum Advantage homeowners insurance policies come with increased limits and expanded coverage, which is a smart choice for insuring higher value homes.

Farmers

Farmers offers quality standard coverage and equips you with the educational resources and tools to help you better manage your property. Farmers’ Inner Circle online center is another excellent resource for Michigan homeowners to take advantage of. Their Home Tool Kit has instructional articles, preventative care and emergency response tips, and useful checklists to help fill any gaps.

Farmers also helps you better determine how much homeowners insurance your Michigan home requires so you don’t pay for what you don’t need. Their home inventory tool allows you to keep a detailed list of everything you own, along with photos and item conditions, to calculate the value of your personal property. With Farmers’ scheduled personal property coverage, you can decide which individual valuables you’d like to protect and add floaters to your policy to increase limits for those items.

Farmers also offers unique policy add-ons, such as their Eco-Rebuild option, which can pay you up to $25,000 after a covered loss to offset extra costs for rebuilding or repairing your home with certified ‘green’ materials. The company’s Identity ShieldSM provides coverage due to losses caused by the increasingly common problem of identity theft, as well as credit monitoring and travel document replacement.

The 4 Best Michigan Homeowners Insurance Companies

Recapping our top choices for home insurance in Michigan:

  • State Farm
  • Progressive
  • AAA
  • Farmers

Find the Best Home Insurance

Enter your ZIP code below and be sure to click at least 2-3 companies to find the very best rate.

For more information on home insurance policies, take a look at our complete guide to home insurance. You can also visit our insurance archives for information on rental insurance, car insurance, and more!