Homeowners Insurance in Clinton Township, Michigan

Whether you’re a first-time homeowner searching for your first home insurance policy or a long-time resident up for a policy renewal, homeowners in Clinton Township, Michigan, will want to know how they can tailor their homeowners insurance policies to match their needs.

These Michiganders will want to know a few key details about home insurance in their city, like the average cost of premiums, how they’re covered (and how they aren’t), and how they may find the best policy with the cheapest rates. 

The average cost of homeowners insurance in Clinton Township is about $1,797 annually, or about 15% less than Michigan’s state average of about $2,092. While this sounds like good news for Clinton Township residents, it’s important to note that average premiums in Michigan rose about 14% in 2024 alone.

Insurers use a few different factors and statistics when calculating premiums for a state, city, and individual. When determining the average rates residents in a city will see, insurers may consider factors like the city’s population, the average age of homes in the city, and crime rates in the city, among other factors.

Since many of the homes in the city were built in the 70s, when it comes to home insurance, Clinton residents may pay a bit more in premiums than those in cities with newer homes. Older homes can be more expensive to insure because they’re more likely to suffer significant damage during mild weather events or other perils. 

Insurance is highly subjective, so insurers use one’s unique traits when determining premiums, too. Factors like one’s claims history, age, credit history, home replacement cost, and marital status may be used to help determine one’s premiums due to their dated components and general wear and tear.

Insurers use several factors about a state, city, and individual to calculate premiums to gain insight into the likelihood of an individual filing a claim. If a policyholder is at an above-average risk of filing claims, whether that’s because they live in an older home or because they have a history of filing claims, an insurer may charge them above-average premiums. 

The amount of dwelling coverage one carries on their policy will also correspond with one’s premium. Homeowners can opt to insure as little as 80% of their home’s replacement cost with their dwelling coverage, but some may increase this amount to 100% of their home’s replacement cost. 

Let’s check out how premiums vary based on how much dwelling coverage residents of Clinton Township carry on their policies.

Similarly, one’s deductible will also cause premiums to vary. Policies with low deductibles will have higher premiums, and those with high deductibles will have lower premiums. 

When it comes to Clinton homeowners insurance, residents may find their premiums are still a bit out of budget, even if they are below the average rate in the state. Here’s what these Michiganders need to know about lowering their premiums. 

When searching for cheap homeowners insurance, Clinton Township residents have a few ways to lower their premiums. The most effective way to lower one’s premiums is to lower one’s coverage limits, but that may not be the safest choice. Those who want to lower their premiums without giving up excellent coverage may have another option.

Many insurers in Michigan offer discounts policyholders can combine to lower their premiums. Generally, discounts on home insurance will correlate with features in one’s home, consumer habits, and personal traits. 

For example, commonly offered discounts include a green discount for homeowners with energy-efficient elements in their homes, a bundling discount for those who purchase more than one insurance product through their insurer, and a senior discount for homeowners over a certain age. 

Now that homeowners in Clinton Township know how to lower their premiums let’s see how they can get a policy with coverage that meets their needs. 

When it comes to getting the right home insurance, Clinton Township residents will find the policy that meets their needs may not look the same as one that meets their neighbor’s needs. Insurance is highly individualized to one’s lifestyle and priorities, so homeowners can customize their coverage to meet their specific needs. 

Generally, homeowners will value one of two things more on their policies: cost or coverage. Those who value cost over coverage will likely bind a policy with minimal coverage limits from an insurer offering lower-than-average base rates and plenty of discounts. 

However, those who value coverage over cost will likely find the best policy for their needs comes from an insurer offering excellent coverage on a standard policy and plenty of additional coverage options they may tack onto their policy to meet their individual needs.

Many insurers offer additional coverages policyholders can add to their policies to extend their standard coverage to more perils or to insure specific items they own. 

For example, many insurers offer water backup coverage, which covers damage from water that can back up through pipes and sump pumps, which is excluded under standard coverage. 

Similarly, insurers will offer policyholders the opportunity to add endorsements to their policies to insure specific items of value, like collectibles, sports equipment, or jewelry. 

When searching for the right policy, homeowners must select the type of insurer that best matches their needs: regional or national. A regional insurer, like Frankenmuth Insurance, covers policyholders in a few states, generally mapped out by region. However, national insurers, like Progressive or State Farm, bind policies in nearly every state. Regional and national insurers are very similar but may differ regarding customer service, underwriting, and handling claims. 

In terms of property insurance, Clinton Township residents will find that the standard coverages included in their home insurance policy are the same as those in every other state in the nation. While insurance is highly customizable, all home insurance policies will have the same base coverages. 

Coverage A: Dwelling coverage, protects the structure of one’s home if it’s damaged by a named peril on one’s policy. Elements included in this coverage may be one’s foundation, roof, or walls. 

Coverage B: Other structures coverage, covers the structures on one’s property that aren’t attached to the home if they’re damaged by a named peril on one’s policy. This may cover structures like patios, sheds, garages, or fences. 

Coverage C: Personal property coverage, will help the policyholder replace their belongings stored in the home if they’re damaged by a covered peril on one’s policy. This coverage may protect items like furniture, clothing, or appliances. 

Coverage D: Loss of use coverage, helps the policyholder pay for necessities should their home become inhospitable due to a covered peril. These expenses may include food, temporary housing, or other basic needs. 

Coverage E: Liability coverage covers the policyholder if they damage someone else’s property or if a guest injures themself on the insured property. This may cover medical bills or legal fees. 

Coverage F: Medical payments coverage covers minor injuries a guest may sustain on the insured property. It will only cover medical expenses. 

Clinton Township residents need to know that floods aren’t a covered peril on their policies. Instead, homeowners must bind a separate Michigan flood insurance policy to protect themselves from the extensive damage this event may cause to one’s home.

According to the FEMA flood zone map, Clinton Township is at a moderate risk of experiencing floods. Since flood damage can cost $27,000 for just one inch of water, according to the Federal Emergency Management Agency (FEMA), and increases significantly for every additional inch, homeowners may find a flood insurance policy can make or break their finances. 

Michiganders interested in binding a flood insurance policy may do so through the National Flood Insurance Program (NFIP) or a private insurer. 

While Michigan doesn’t require homeowners to carry home insurance by law, those with a mortgage must have a policy for the duration of their loans. Home insurance helps a lessor protect their investment in one’s home.

Since lenders regularly put down hundreds of thousands of dollars or more to help fund home purchases, they want a return on this investment eventually. The insurance policy achieves this protection by guaranteeing at least the lender’s money back if the house gets destroyed unexpectedly. The insurer reimburses the homeowner and lender during a claim.

Whether you’re new to Clinton Township, a long-time suburbanite up for a policy renewal, or curious about what savings you may be missing out on, the best way to find a policy that suits your needs is to get and compare quotes online. 

Lucky for you, we have a free quoting tool right here at Clovered that you can use to get your quotes in minutes. Simply input some quick details about your home and let our system work its magic. If you’d rather chat with a professional, you can contact one of our licensed agents at 833-255-4117 or [email protected].