The 4 Best Michigan Homeowners Insurance Companies

The statewide average for Michigan home insurance premiums is $1,073 per year, which is $155 less than the national average, according to Insurance.com. However, 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 important to shop around for the best 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.

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    In this article

      Our Top Picks for Best Homeowners Insurance in Michigan

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

      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.

      J.D. Power Rating
      3/5
      AM Best Rating
      A++
      Standard & Poor’s
      AA
      SimpleScore
      4 / 5.0
      close
      SimpleScore State Farm 4
      Discounts 2
      Coverage Options 5
      Customer Satisfaction 3
      Support 5
      Accessibility 5

      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 many additional coverage options available to supplement your policy as you see fit.

      The company also offers educational resources 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, respond efficiently and calculate your losses accurately when filing a claim.

      State Farm provides strong claim management tools and customer support and consistently scores an A++ financial strength rating from A.M. Best, which is the highest rating possible from that insurance rater. It also is rated as AA by S&P Global Ratings for its solid ability to pay claims.

      Progressive

      Progressive offers Michigan homeowners insurance at an affordable price with comprehensive coverage.

      J.D. Power Rating
      3/5
      AM Best Rating
      A+
      Standard & Poor’s
      AA
      SimpleScore
      4.2 / 5.0
      close
      SimpleScore Progressive 4.2
      Discounts 3
      Coverage Options 5
      Customer Satisfaction 3
      Support 5
      Accessibility 5

      A standard Progressive policy provides coverage against damage to your dwelling and personal property, protects you from lawsuits, pays any medical bills incurred as a result of the damage, and pays for additional living expenses in the event your home is too damaged for you to safely reside there during repairs.

      Progressive also offers a number of additional coverage options. Its personal property endorsement lets you cover items and valuables that aren’t included in your standard policy, such as garages, sheds, computers, firearms, jewelry and heirlooms. Their Guaranteed Replacement feature provides complete coverage for your home, and its personal umbrella policy offers up to $5 million in added protection for liability claims. Progressive has a rating of A+ from A.M. Best.

      Progressive customers benefit from certain discounts, including those for bundling policies or installing safety and security 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 you recently renovated your home, it may be worthwhile to check out other home insurers for price breaks.

      AAA

      As a state at the center of American auto manufacturing, Michigan has one of the largest AAA clubs in the country, and AAA actually holds a sizable share of the Michigan homeowners insurance market.

      J.D. Power Rating
      4/5
      AM Best Rating
      A
      Standard & Poor’s
      N/A
      SimpleScore
      3.3 / 5.0
      close
      SimpleScore AAA 3.3
      Discounts 3
      Coverage Options 3
      Customer Satisfaction N/A
      Support 4
      Accessibility 3

      The company has an excellent rating from A.M. Best and is well-known for providing members with numerous perks and benefits.

      Being a AAA member not only affords you the security of roadside assistance whenever you need it, it 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 — its Protection Plus and Platinum Advantage homeowners insurance policies come with increased limits and expanded coverage, which is a smart choice for insuring high-value homes. In 2015, AAA introduced a single claims administration system to provide fast and efficient service.

      Farmers

      Farmers has been in business for more than 90 years and offers quality standard coverage.

      J.D. Power Rating
      3/5
      AM Best Rating
      A+
      Standard & Poor’s
      N/A
      SimpleScore
      3.2 / 5.0
      close
      SimpleScore Farmers 3.2
      Discounts 2
      Coverage Options 3
      Customer Satisfaction 3
      Support 4
      Accessibility 4

      It has an A+ rating with the Better Business Bureau and equips you with 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. The Home Tool Kit has instructional articles, preventative care and emergency response tips, and useful checklists to help fill any gaps.

      Farmers also helps you determine how much homeowners insurance your Michigan home requires so you don’t pay for what you don’t need. Its 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’ personal property coverage, you can decide which 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 its Eco-Rebuild option, which can pay you up to $25,000 after a covered loss for rebuilding or repairing your home with certified green materials. The company’s Identity Shield provides coverage due to losses caused by identity theft, as well as credit monitoring and travel documents replacement.

      How much is homeowners insurance in Michigan?

      Michigan homeowners insurance costs 13 percent less than the national average. The average for the state is $1,073 per year. However, your premium will vary based on the city where you live and other factors.

      Find the Best Home Insurance in Michigan

      Save money on home insurance with our simple comparison tool.

      Matching you with providers.
      We found results in
      Click at least 2-3 companies to find the very best rate.

        America’s top-rated home insurance

        • Policies starting at just $25/month
        • Sign up in seconds, claims paid in minutes
        • Zero hassle, zero paperwork

        Michigan Rate Factors

        How much you’ll pay for homeowners insurance in Michigan varies. You can generally expect to pay more if you live in an area that’s prone to vandalism or other property crimes. The size of your house, local property values and your neighborhood’s likelihood of experiencing a natural disaster, such as a flood, are other factors that can affect your insurance premium.

        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, most standard insurance policies offer coverage for damage caused by severe wind. If you worry about high winds, be sure to ask about wind-related damage when you compare the best homeowners insurance companies in Michigan.

        For more information on home insurance policies, take a look at our complete guide to home insurance.

        Methodology

        SimpleScore

        The SimpleScore is a proprietary scoring metric we use to objectively compare products and services at The Simple Dollar.
        For every review, our editorial team:

        • Identifies five measurable aspects to compare across each brand
        • Determines the rating criteria for each aspect score
        • Averages the five aspect scores to produce a single SimpleScore

        Here’s a breakdown of the five aspect scores and their rating criteria for our reviews on home insurance.

        Why do some brands have different SimpleScores on different pages?

        To ensure the SimpleScore is as helpful and accurate as possible, we developed unique criteria for every category we compare at The Simple Dollar. Since most brands offer a variety of financial solutions, their products and services will score differently depending on what we’re scoring on a given page.

        However, it’s also possible for the same product from the same brand to have multiple SimpleScores. For instance, if we compare State Farm’s home insurance according to our criteria for the best home insurance, it scores a 3.8 out of 5. But when we compare State Farm according to the criteria for the best auto insurance, it scores higher, since the features the company offers can vary by the type of insurance.

        Discounts

        We looked at the number of discounts each company offers – more discounts mean a higher score.

        Coverage Options

        We awarded higher scores to the companies that offer more coverage options.

        Support

        We awarded higher scores to companies with the most channels for customer support.

        Customer Satisfaction

        We leveraged the J.D. Power 2019 Home Insurance Satisfaction Study℠ to see how customers rated their experience with each company. (If a company wasn’t included in J.D. Power’s study, we skipped this aspect and averaged the four remaining aspect scores.)

        Accessibility

        We looked at the level of accessibility of each company – the more resources they have the higher their score