Updated: November 26, 2024
Advertising & Editorial Disclosure
In Ann Arbor, MI, Auto-Owners Insurance is both the overall best and cheapest choice for home insurance. However, if customer service is your priority, Chubb is the best.
Different companies meet different needs, so choose based on coverage, price or customer service preferences. These factors ensure you find the right home insurance.
Best HomeInsuranceAnn Arbor, MITable of Contents
Why Trust MoneyGeek?
We used data from Michigan's Department of Insurance and Quadrant Information Services. Our recommendations on the best homeowners insurance in Ann Arbor are based on reliable data.
Home insurance premiums in Ann Arbor mirror the top quotations as of September 2024.
MoneyGeek found that Auto-Owners Insurance is the best option in Ann Arbor, MI, for home insurance with 100K dwelling coverage, boasting a MoneyGeek score of 97 out of 100.
The scores for home insurance companies in Ann Arbor range from 48 to 97. These figures reflect MoneyGeek's scoring system — insurers may get different scores based on factors like your credit history and the age of your home.
| Auto-Owners Insurance | 97 | $336 |
| Chubb | 94 | $530 |
| State Farm | 82 | $855 |
| Farmers | 80 | $613 |
| Encompass | 69 | $905 |
| ASI | 67 | $553 |
| The Hanover | 48 | $2,216 |
MoneyGeek found that Auto-Owners Insurance is the best option in Ann Arbor, MI, for $100K dwelling coverage. The two best overall home insurance companies in the city for the same dwelling coverage are:
Auto-Owners Insurance is the best home insurance provider because it balances affordability and good customer satisfaction. In Ann Arbor, many companies offer different costs and service experiences. While cost is a key factor, considering customer satisfaction and coverage options is also essential for a smooth claims process.
Auto-Owners Insurance scores high on affordability and customer satisfaction. It offers various comprehensive home insurance coverages, including guaranteed replacement cost, which ensures your home is fully covered if your policy limit is too low, scheduled personal property, which protects valuable items from loss or damage, and personal property replacement cost that covers damage from appliance leaks and more.
You can get discounts like responsible payment, which you can be qualified for if you pay on time for 36 months, and paperless billing.
MoneyGeek found that Chubb is the best option for home insurance in Ann Arbor, MI, for $100K dwelling coverage due to its outstanding customer service. The top two providers for this coverage are:
Chubb leads with its excellent customer satisfaction, making it a reliable choice for homeowners looking for quality support and service. Choosing Chubb means you benefit from responsive and helpful assistance whenever needed. Excellent service in home insurance includes quick response times, clear communication and personalized support for homeowners.
Chubb scores high on MoneyGeek due to its customer satisfaction and coverage. It offers comprehensive home insurance with guaranteed replacement cost and building ordinance or law coverages. The former helps rebuild your home even if costs exceed limits, while the latter pays for bringing it up to code. Cash settlement is also available, offering a payout if you choose not to rebuild. Discounts like new home and home renovation help save money.
MoneyGeek found that Auto-Owners Insurance is the best cheap home insurance option in Ann Arbor, MI, for $100K dwelling coverage. The top two best cheapest homeowner insurance companies for the same dwelling coverage are:
Auto-Owners Insurance balances a high affordability score and strong customer satisfaction. Opting for cheap home insurance typically means choosing lower coverage, which can save money but might not be enough if something happens. In cases where saving on premiums is a priority, consider the cheapest companies or learn the average cost of homeowners insurance in Michigan. The best cheap insurance differs from the cheapest in quality of service and coverage options.
Auto-Owners Insurance scores high in affordability and satisfaction. It offers rare coverages like guaranteed replacement cost to help if your home needs a full replacement, scheduled personal property to protect your personal items and personal property replacement cost to protect against damage from leaks. You can save with discounts like responsible payment, which you get by paying on time for 36 months, and paperless billing.
MoneyGeek’s home insurance calculator will give you a ballpark estimate of your cost — it’s free, no personal information required, no spam.
Rates updated:
Dec 13, 2024
In Ann Arbor, many factors, including location, impact homeowners insurance. Comparing rates is essential for savings but is time-consuming, often taking 15 minutes per company. With three or more companies, research can exceed an hour. MoneyGeek's home insurance calculator helps save instantly by identifying key factors that affect rates. Simply input age, dwelling coverage, credit score, deductible, liability coverage and a few other details to get an estimate.
MoneyGeek identified Auto-Owners Insurance as the top choice for affordable home insurance in Ann Arbor, MI, for different dwelling coverages. Your choice of dwelling coverage is a crucial factor affecting home insurance costs.
Auto-Owners Insurance is the lowest-cost provider for $100K, $250K and $500K dwelling coverage in Ann Arbor, offering the best balance of low price and high customer satisfaction. Buying the cheapest homeowners insurance in Michigan can help you manage your household budget more effectively.
| Auto-Owners Insurance | $336 |
| Chubb | $530 |
| ASI | $553 |
| Farmers | $613 |
| State Farm | $855 |
| Encompass | $905 |
| The Hanover | $2,216 |
MoneyGeek found that Auto-Owners Insurance is the best option for high-value homes in Ann Arbor, MI. High dwelling coverage is needed for more expensive homes, as home insurance costs increase with the value of the property.
Auto-Owners Insurance stands out in Ann Arbor for its affordability. According to MoneyGeek, despite being the cheapest for high-value homes, it also offers a commendable balance of price and service.
| Auto-Owners Insurance | $443 |
| ASI | $2,376 |
| Farmers | $2,480 |
| Encompass | $3,054 |
| State Farm | $3,550 |
| Chubb | $3,572 |
| The Hanover | $7,695 |
ASI is the cheapest home insurance provider for new homes in Ann Arbor, MI.
ASI stands out as the most affordable for new homes in Ann Arbor, offering the lowest rates for $100K coverage. It might not have the top score, but it provides significant cost savings. It's essential to be adequately covered for your home insurance needs.
| ASI | $325 |
| Auto-Owners Insurance | $327 |
| Chubb | $402 |
| Farmers | $440 |
| State Farm | $514 |
| Encompass | $540 |
| The Hanover | $709 |
The best cheap homeowners insurance providers balance quality and cost, offering excellent service and coverage with affordable premiums. The best cheap homeowners insurance in Ann Arbor depends on your needs. It's essential to consider factors beyond premiums, such as coverage limits, deductibles and provider reputation. Follow these steps to get the best cheap home insurance:
To determine how much home insurance coverage you need, consider the specifics of your home in Ann Arbor. Account for rebuilding costs, personal property value and liability requirements.
Research insurance companies serving Ann Arbor. Seek those with solid financial stability, positive customer reviews and a history of quality service.
Once you know what coverages you need, compare home insurance quotes. In Ann Arbor, premiums for $100K dwelling coverage range from $336 with Auto-Owners Insurance to $2,216 from Hanover.
Inquire with each provider about potential discounts, such as bundling policies, installing safety features or maintaining a claims-free history.
Opting for a higher home insurance deductible can decrease your premium, but ensure it's an amount you can manage if a claim arises.
Enhancing security with systems and strong locks can lower your home's risk profile and may reduce insurance costs.
Keep a strong credit score, as it can influence your insurance rates in Ann Arbor. Pay bills promptly and minimize outstanding debt.
Consider combining your homeowners insurance with other policies like auto insurance, as this can result in substantial discounts.
The best cheap home insurance provider in Ann Arbor depends on your coverage needs and budget. Get answers to some of the most commonly asked questions about the best cheap insurance rates in Ann Arbor.
The average cost of home insurance in Ann Arbor is $632 annually.
The cheapest home insurance company in Ann Arbor is Auto-Owners Insurance, with an annual premium of $336.
The best home insurance in Michigan for Ann Arbor residents is from Auto-Owners Insurance, with a MoneyGeek score of 97 out of 100.
About Mark Fitzpatrick
Mark Fitzpatrick is a Licensed Property and Casualty Insurance Producer and MoneyGeek's Head of Insurance. He has analyzed the insurance market for over five years, conducting original research and creating personalized content for every kind of buyer. He has been quoted in several insurance-related publications, including CNBC, NBC News and Mashable.
Fitzpatrick earned a master’s degree in economics and international relations from Johns Hopkins University and a bachelor’s degree from Boston College. He is passionate about using his knowledge of economics and insurance to bring transparency around financial topics and help others feel confident in their money moves.
