Home Insurance Providers in Grand Rapids, MI
Home Insurance in Grand Rapids, MI
Home Insurance Rates in Grand Rapids, MI
- Home Insurance: Grand Rapids vs. U.S. [1]
-
- Michigan residents collectively (all cities) paid average annual home insurance premiums of $715.
- This average premium in MI is
27% less than the national average of $978.
- Michigan collectively (all cities) ranks 25th in the U.S. in home insurance rates.
Owner-Occupied Housing Units in Grand Rapids, MI
- Owner-Occupied Housing: Grand Rapids vs. U.S. [2]
-
- In Michigan collectively (all cities), owner-occupied housing made up 71.1% of all housing units.
- This owner-occupied rate in MI is
11% greater than the national average of 63.9%.
- Michigan collectively (all cities) ranks 5th in the U.S. in share of housing that is owner-occupied.
Renters Insurance Rates in Grand Rapids, MI
- Rent Insurance Rates: MI vs. U.S. [3]
-
- Michigan residents collectively (all cities) paid average rent insurance premiums of $174.
- This average rent insurance premium in Michigan is
7% less than the national average of $187.
- Michigan collectively (all cities) ranks 20th in the U.S. in rent insurance rates.
Renters Insurance Providers in Grand Rapids, MI
Liberty Mutual
- Get renters insurance for pennies a day.
- 24-Hour claims assistance.
- Protection from theft, fire, and more.
- Home computer and smartphone coverage.
USAA
- Get renters insurance for as little as $12 a month.
- Get replacement cost coverage for your items.
- Repair or replace your stolen or damaged property with items similar in quality and worth.
- Get a personalized quote based on your needs.
Home Ownership Costs in Grand Rapids, MI
Household Income Spent on Home Ownership Costs in Michigan [4]
Michigan residents (collectively, all cities) spent an average of 30.4% of household income on home ownership costs, which is
10% less than the national average of 33.7%.
Household Income Spent on Rent and Utilities in Michigan [5]
Residents of Michigan (collectively, all cities) spent an average of 49.8% of household income on rent and utilities, which is
4% greater than the national average of 48.1%.
Additional information about Michigan
About Grand Rapids
The city of Grand Rapids has a population of approximately 188,040 and is located in Kent County in the state of Michigan. [6]
Grand Rapids, MI Home Insurance
For more information about Grand Rapids Home Insurance, or for additional resources regarding home insurance overall, visit the Michigan Department of Insurance.
Did you know?
In 2010, wind and hail were the leading cause of home insurance losses, totaling 35.6% of all losses in the U.S.
1. ^ United States Census Bureau (2009)
2. ^ U.S. Department of Commerce (2012)
3. ^ United States Census Bureau (2009)
4. ^ Insurance Information Institute (2012)
5. ^ Insurance Information Institute (2012)
6. ^ United States Census Bureau (2010)
