Renters Insurance Michigan. According to our data, the cheapest place to purchase renters insurance in the state is right outside of grand rapids, in the suburban city of wyoming, mi, which has an average price of $20.68 per month. Fortunately, most renters insurance policies will cover this type of water damage;
In the table below, you can see average michigan renters insurance rates from some of the largest companies in the state. While the average price per month was $34, the cheapest insurer, state farm, was 60% less expensive than the most expensive. Find the best home insurance plan for your needs today.
Renters Insurance Is Surprisingly Affordable.
Renters insurance costs $12.91 a month on average in michigan, however, the average cost of renters insurance varies by the size and value of your rental property, so you might find renters insurance is cheaper if it's worth less than $100k or more expensive for those with larger properties worth over $400k. Renters insurance in michigan costs around $27.14 per month on average. Average cost of renters insurance in michigan.
The Cost Of Michigan Renters Insurance Is Higher Than The National Average Of $326 Due To Several Factors, Such As The Number Of Claims In The State And Crime Rates.
In a renters policy you choose the amount of property damage coverage you need based on what it would cost to replace the things you own. That translates to a standard monthly rate of about $21, $7 more than the national average. State farm renters insurance in michigan is known for many good things.
This Includes Unbeatable Customer Service—The Insurer Has Many Agents In Every State—And The Company’s Online Presence That Helps To File A Claim Easier And Faster.
Some companies may offer renters insurance in michigan for a cheaper rate than others. That’s substantially higher than the national monthly average of $20. Renters coverage costs less than you might think.
Since Then, The Company Has Grown To Become One Of The Largest Insurance Providers In The.
Let a local independent insurance agent help you find a great policy at a competitive price. Unfortunately, many renters in michigan do not carry this surprisingly affordable coverage. How to get affordable renters insurance in michigan.
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See the best options for cheap renters insurance in michigan, along with basic tenants rights laws in the state concerning evictions, security deposits and when a landlord can enter your apartment. That’s solid coverage for less than the cost of a few cups of coffee a week. Find & compare the best insurance quotes online!