Home insurance cost in Michigan
About $2,415 a year, or $201 a month, for $400,000 of dwelling coverage, per NerdWallet's 2026 rates. The U.S. average is $2,490.
Home insurance cost
$2,415
a year
A month
$201
Rank
26 of 51
1 = cheapest; −3% vs U.S.
| State | Home insurance cost | Rank |
|---|---|---|
| Virginia | $2,265 | 24 |
| Maryland | $2,375 | 25 |
| Michigan | $2,415 | 26 |
| West Virginia | $2,465 | 27 |
| New Mexico | $2,800 | 28 |
| U.S. | $2,490 | - |
Common questions
How much is homeowners insurance in Michigan?
About $2,415 a year, or $201 a month, for $400,000 of dwelling coverage, per NerdWallet's 2026 rates. The U.S. average is $2,490.
Is home insurance in Michigan expensive?
Michigan ranks 26 of 51 (1 = cheapest). Your price depends on the home's rebuild cost, location, claims history, credit and deductible.
Add insurance and taxes to a full payment with the mortgage calculator.
More for Michigan: monthly budget · take-home pay · rent.