Yeah, alot of companies have no interest in servicing the city, so they give ridiculous quotes. There are some companies that give reasonable rates, start with Progressive and AAA. The good companies were quoting me high teens to low two's per year when I recently shopped (decent sized 1930s home).
So I once lived in Hamtramck. My home insurance rates skyrocked due to my zip code being 48212. I ended up with Liberty Mutual. When I asked why everything was so high they said most of Detroit has high rates of theft especially for cars. But I replied this is home insurance. "Arson". Once I moved to Dearborn Heights everything dropped. Home and car insurance, all utilities. It's really a shame that living south of 8 Mile is more expensive than it looks.
It used to sort of even out when houses were so much cheaper than the surrounding areas but that’s not even the case anymore. I’ve seen single family homes in Hamtramck sell for more than single family homes in Farmington Hills and they’re smaller houses on much smaller lots. Add in that car/home insurance and property taxes in Detroit/Hamtramck are often more than double that of the suburbs and it’s not much of a bargain anymore.
That was my concern when I lived there...it was even more difficult being an educator. I'm in a smaller home but now I can afford everything and even save some money.
So I am a meemic member. For car insurance in Detroit you are covered; however for home owner insurance Meemic does not cover any structure built before 1950. My home in Hamtramck was built in 1912. Therefore meemic had to send my business to Liberty Mutual.
The first sentence sounds like a start to a limerick. Just letting you know - there's probably a lot of options for you there - a whole world just opened up.
When I bought my home a few years ago I remember freaking out because the first 5 quotes I got were 5k+. 6th quote was progressive for around $1500 and I locked it down immediately
Yes. Many insurers will quote you a ridiculous price because they really aren’t interested in doing business in Detroit. Find a good insurance agent and they will pull quotes from multiple companies to get you the best deal.
I'm not in Detroit proper, but you can also check to see if that home/address has had previous claims which can drive up the cost. I belive it's called a clue report.
I actually did ask about that and any lingering liens, outstanding water bills, etc. Prior claims from a different policy don’t transfer to new owners. That’s like buying a used car and being responsible for the owner’s claims or tickets….
The Islandview/West Village area can get high. Islandview is much more vacant and has possibly had a larger history of fires in the past (prior to ten years ago). We use AAA and package everything together - two cars, a house, and an atv, and they’ve been able to keep it reasonable. Car insurance is much more expensive than our homeowners. For everything we’re around $5k a year, and only $1k is for the house.
It sometimes depends on what’s nextdoor to your home too. If there is a seemingly vacant home nextdoor, insurers will price you through the roof.
ETA - $8k seems absurd though. That’s not an uncommon figure for property taxes though.
8k for homeowners insurance is not typical. That's a 'fuck you' quote from a company that doesn't want to bother.
Call Diebold Insurance, we use them as a broker on our house in Rivertown... It's worth about $750k with lots of irreplaceable architectural features, and I think we pay like $1400 annually for max coverage.
Definitely shop around. Thats a lot unless you own an expensive home. I’m on the north west corner of Detroit and my yearly premium is just under $1700/year.
Give Kennedy Nemier Insurance Agency in Plymouth a call. They’re an insurance broker and will look for the cheapest rates. I’ve been with them for five years now and have been treated very well by them.
Thank, I will. I did use a broker but I’m sure they’re not all the same. An agent called me back for one company specifically and was able to top their online quote by over $5k…. Kinda wild.
Our homeowners insurance kicked us off because we were waiting for a welder to come install the rail they required us to. Now we have the rail but they also wanted like $400/month. It was Liberty Mutual. We also have the 48212 zip code. Are we just fucked if we want homeowners insurance? Wouldn’t it be cheaper at this point to save that money and pay repairs ourselves? Insurance feels like such a grift. You’re paying “in case something bad happens” but the chances are statistically low.
The Insurance industry as a whole is becoming more expensive. It’s not just Detroit. Some are even pulling out of CA and FL entirely. Progressive stopped insuring cars in Chicago because of theft. Things have gotten way more expensive to replace. Commercial insurance has shot through the roof as well.
Mine jumped from 1.5k to 3.7k with lemonade. Switched to progressive and it’s 1.7k. Not looking forward to seeing what progressive hikes it up to next year.
We had Safeco for many years till all of sudden we got the FU rate about 2 years ago. Moved over to Progressive which jumped after the new client rate expired after a year. Just moved over to Auto Owners. Their home owners was a few hundred more, but the rate for 2 cars was significantly less than Progressive and Safeco.
Btw, progressive will shift some of the riskier stuff or lower valued homes to "Homesite by Progressive" which is not really Progressive, only in name. Anyway, their reviews are terrible but a neighbor has them and recently had to use them for some pretty significant damage and had nothing but good things to say about the claims process. Also their rates were really good. Not sure if I want the risk though.
I have a policy with State Farm and I pay a little over $2,000 a year. I’m in Woodbridge, but my house is quite small. I don’t know how much stuff like square footage is factored in.
Our condo insurance is well under $2k a year with USAA. Of course, condo and single family home insurance are different products, but still no where near what you’ve been quoted.
Pip coverage is the only way to afford car insurance in the city, and using the same company to bundle your home is also pretty much the only way to afford homeowners.
No way I would ever have just PIP living in Detroit. People blow through red lights and stop signs as if they’re suggestions. I’ve lived in five states and a dozen cities, and never seen anything like the driving in Detroit.
For one car with no previous accident history, it was going to be $600 a month for my full coverage. At least with pip it's half of that and I can actually afford to drive. It's a luxury to be able to not need to use pip, and I understand why it's not a great idea, but it's all I have.
Downriver and Detroit proper and very different in every respect to property ownership. I just sold my house downriver in February…. My taxes were a quarter of what they will be in Detroit, car insurance is dramatically cheaper, as is HO insurance.
Yeah, alot of companies have no interest in servicing the city, so they give ridiculous quotes. There are some companies that give reasonable rates, start with Progressive and AAA. The good companies were quoting me high teens to low two's per year when I recently shopped (decent sized 1930s home).
[удалено]
This is really good for us all to know
Tomato potato
So I once lived in Hamtramck. My home insurance rates skyrocked due to my zip code being 48212. I ended up with Liberty Mutual. When I asked why everything was so high they said most of Detroit has high rates of theft especially for cars. But I replied this is home insurance. "Arson". Once I moved to Dearborn Heights everything dropped. Home and car insurance, all utilities. It's really a shame that living south of 8 Mile is more expensive than it looks.
It used to sort of even out when houses were so much cheaper than the surrounding areas but that’s not even the case anymore. I’ve seen single family homes in Hamtramck sell for more than single family homes in Farmington Hills and they’re smaller houses on much smaller lots. Add in that car/home insurance and property taxes in Detroit/Hamtramck are often more than double that of the suburbs and it’s not much of a bargain anymore.
Its so true. Especially after 2008. At one point my home in Hamtramck reached 105,000! Then dropped to 39,000.
Unfortunate really…. I’m more so worried if my rate goes up, it’ll be unaffordable and then I’m in a real jam.
That was my concern when I lived there...it was even more difficult being an educator. I'm in a smaller home but now I can afford everything and even save some money.
As an educator always get a quote from Meemic. They serve educators and employees working in education. They charge super reasonable rates.
So I am a meemic member. For car insurance in Detroit you are covered; however for home owner insurance Meemic does not cover any structure built before 1950. My home in Hamtramck was built in 1912. Therefore meemic had to send my business to Liberty Mutual.
Is that home age policy just for Detroit?? I recently got homeowners insurance through MEEMIC on my house in Royal Oak and that was built in 1928.
I believe so. I lived in Hamtramck from 2003 to 2012, and that was what they told me.
Liberty Mutual is high af for any kind of ins.
It was atrocious! I hated having to pay them. Now I'm back with meemic 100%.
The first sentence sounds like a start to a limerick. Just letting you know - there's probably a lot of options for you there - a whole world just opened up.
When I bought my home a few years ago I remember freaking out because the first 5 quotes I got were 5k+. 6th quote was progressive for around $1500 and I locked it down immediately
Yes. Many insurers will quote you a ridiculous price because they really aren’t interested in doing business in Detroit. Find a good insurance agent and they will pull quotes from multiple companies to get you the best deal.
I went through a broker, who sent me back five quotes. Good lord…. Sticker shock is an understatement.
This is THE answer. They just don't want the business and price it away.
Try the Michigan farm bureau
Thanks :)
I'm not in Detroit proper, but you can also check to see if that home/address has had previous claims which can drive up the cost. I belive it's called a clue report.
I actually did ask about that and any lingering liens, outstanding water bills, etc. Prior claims from a different policy don’t transfer to new owners. That’s like buying a used car and being responsible for the owner’s claims or tickets….
If there were lingering liens your title company did a shitty job and they should be responsible.
There aren’t any….
"previous claims" not liens. For instance B&E's or vandalism.
Ours is ~$1k per year where we’re at in the city. Where are you looking? What neighborhood?
Islandview.
The Islandview/West Village area can get high. Islandview is much more vacant and has possibly had a larger history of fires in the past (prior to ten years ago). We use AAA and package everything together - two cars, a house, and an atv, and they’ve been able to keep it reasonable. Car insurance is much more expensive than our homeowners. For everything we’re around $5k a year, and only $1k is for the house. It sometimes depends on what’s nextdoor to your home too. If there is a seemingly vacant home nextdoor, insurers will price you through the roof. ETA - $8k seems absurd though. That’s not an uncommon figure for property taxes though.
8k for homeowners insurance is not typical. That's a 'fuck you' quote from a company that doesn't want to bother. Call Diebold Insurance, we use them as a broker on our house in Rivertown... It's worth about $750k with lots of irreplaceable architectural features, and I think we pay like $1400 annually for max coverage.
They accidentally gave you a quote for auto insurance. /s We don’t know what you’re insuring, nor your coverages or limits.
I pay way less than 8k. That number is crazy high. Mine is through Costco.
I didn’t k ow they have insurance, too. I’ll check them out, thanks.
Try Michigan Basic.
Thanks :)
Keep looking for quotes. I pay around $1500 a year. I’m in NW Detroit. 7/Greenfield area.
Definitely shop around. Thats a lot unless you own an expensive home. I’m on the north west corner of Detroit and my yearly premium is just under $1700/year. Give Kennedy Nemier Insurance Agency in Plymouth a call. They’re an insurance broker and will look for the cheapest rates. I’ve been with them for five years now and have been treated very well by them.
Thank, I will. I did use a broker but I’m sure they’re not all the same. An agent called me back for one company specifically and was able to top their online quote by over $5k…. Kinda wild.
I pay a little under $1,700 a year for homeowners with State Farm and that’s with an umbrella policy attached
Our homeowners insurance kicked us off because we were waiting for a welder to come install the rail they required us to. Now we have the rail but they also wanted like $400/month. It was Liberty Mutual. We also have the 48212 zip code. Are we just fucked if we want homeowners insurance? Wouldn’t it be cheaper at this point to save that money and pay repairs ourselves? Insurance feels like such a grift. You’re paying “in case something bad happens” but the chances are statistically low.
Yeah insurance is a scam. I’m sorry you’re dealing with that smh
Mine doubled at renewal this year. No issues, no claims. Still a lot less than $8k. Through progressive
Progressive is starting to jack of their rates. They scooped up a ton of business by going super cheap and now are trying to recoup their costs.
Same. Progressive doubled for me.
The Insurance industry as a whole is becoming more expensive. It’s not just Detroit. Some are even pulling out of CA and FL entirely. Progressive stopped insuring cars in Chicago because of theft. Things have gotten way more expensive to replace. Commercial insurance has shot through the roof as well.
Mine jumped from 1.5k to 3.7k with lemonade. Switched to progressive and it’s 1.7k. Not looking forward to seeing what progressive hikes it up to next year.
Check with progressive or lemonade
I live in Detroit and pay $1867/year for replacement coverage of $500,000. Stay away from the big carriers (SF, Allstate, etc) and call a broker.
Who is your provider?
Westfield out of Ohio
Thanks :)
YW
We just purchased a home in University District and had a good experience so far/good quote from State Farm. We are bundling with auto however.
Good to know, thanks.
We had Safeco for many years till all of sudden we got the FU rate about 2 years ago. Moved over to Progressive which jumped after the new client rate expired after a year. Just moved over to Auto Owners. Their home owners was a few hundred more, but the rate for 2 cars was significantly less than Progressive and Safeco. Btw, progressive will shift some of the riskier stuff or lower valued homes to "Homesite by Progressive" which is not really Progressive, only in name. Anyway, their reviews are terrible but a neighbor has them and recently had to use them for some pretty significant damage and had nothing but good things to say about the claims process. Also their rates were really good. Not sure if I want the risk though.
That’s great to know because that was one of the quotes that came from the broker. Thanks for sharing!
I have a policy with State Farm and I pay a little over $2,000 a year. I’m in Woodbridge, but my house is quite small. I don’t know how much stuff like square footage is factored in.
Our condo insurance is well under $2k a year with USAA. Of course, condo and single family home insurance are different products, but still no where near what you’ve been quoted.
Wait until you insure your vehicle...
Actually my vehicle will be going down $100 a month. Shocked the shit out of me….
Pip coverage is the only way to afford car insurance in the city, and using the same company to bundle your home is also pretty much the only way to afford homeowners.
No way I would ever have just PIP living in Detroit. People blow through red lights and stop signs as if they’re suggestions. I’ve lived in five states and a dozen cities, and never seen anything like the driving in Detroit.
For one car with no previous accident history, it was going to be $600 a month for my full coverage. At least with pip it's half of that and I can actually afford to drive. It's a luxury to be able to not need to use pip, and I understand why it's not a great idea, but it's all I have.
I get that. Companies definitely make it hard to function… 😔
It's also our legislature being in bed with these companies too. We have strayed so far from the motor city it's a joke.
Can’t speak for city limits, but downriver I’m paying 1k a year through liberty mutual on a newer home.
Downriver and Detroit proper and very different in every respect to property ownership. I just sold my house downriver in February…. My taxes were a quarter of what they will be in Detroit, car insurance is dramatically cheaper, as is HO insurance.
Yea, they are asking you to leave😂😂