Michigan Renters Insurance

Shopping for renters insurance doesn’t need to be complicated. Compare rates from Michigan by city and carrier below.

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Find cheap renters insurance in Michigan


Renters insurance is a great — and cheap! — way to ensure your personal belongings are insured against common incidents. Renters insurance protects items against fire, smoke damage, a wind storm, vandalism or theft, and a number of other misfortunes.

Unlike auto insurance, renters policies aren’t priced specifically by state. That said, there are sometimes substantial variations in renters insurance pricing from state to state. Renters insurance prices in US states may vary depending on the total number and value of renters policy claims statewide, and depend on the price of the belongings you're insuring.

Michigan renters insurance is less expensive than the national average. The average annual cost of renters insurance in Michigan is $155, $29 less expensive than the average rate across all US states.

The easiest way to find an affordable renters insurance policy in Michigan is to shop around and compare rates from as many insurance companies as you can. Learn more about typical renters insurance rates in Michigan by referencing the below data. Individual rates may vary depending on coverage options and the value of your belongings.


Renters insurance in Michigan:

  1. By company
  2. Costs by city
  3. Bundling
  4. FAQs

Renters insurance prices in Michigan by carrier

Renters insurance rates in Michigan will vary based on the insurance company you use. Frankenmuth Insurance offers the cheapest renters insurance policies in Michigan, at only $102 yearly. This is less than the state's average cost of $155, offering a 35% price break on rates typical to the state.

Start searching for renters insurance by reviewing the most affordable Michigan companies, detailed below.


THE CHEAPEST RENTERS INSURANCE COMPANIES IN MICHIGAN
CarrierAverage 12-Month Rate in Michigan
Frankenmuth Insurance$101.66
Hastings Mutual$110.81
Meemic$120.89
Cincinnati Insurance$146.77
Pioneer State Mutual$157.85

Michigan renters insurance by city

Renters insurance rates in Michigan vary by city. Prices may depend on city-specific variables, including the number of local claims filed, meaning your specific ZIP code impact how much you pay.

The cheapest renters insurance in Michigan is found in Ann Arbor. In Ann Arbor, the typical renters insurance policy costs $125 per year — $30 less than the state average. The below cities have the most affordable renters insurance in Michigan.


AFFORDABLE RENTERS INSURANCE BY CITY IN MICHIGAN
CityAverage Annual Renters Insurance Rate
Ann Arbor$125
Wyoming$131
Troy$132
Novi$133
Livonia$133

Money-saving tip: bundle renters and auto insurance in Michigan

If you’re seeking ways to save on your insurance expenditures, consider holding your renters and auto policies with the same insurance company. Bundling auto and renters insurance in Michigan can lead to substantial savings on auto insurance. Purchasing bundled policies in Michigan may earn you average annual savings of $110.


RENTERS AND AUTO INSURANCE BUNDLING DISCOUNTS IN MICHIGAN
Avg. 12-Month Auto Insurance Rate (No Bundle)Avg. Yearly Auto Insurance Rate (Bundle)Annual Bundle SavingsBundle Savings %
$2,692.72$2,582.44$110.284%


Bundling renters and auto policies is a great way to save. Start shopping today!


Are you looking for information about renters insurance for a particular city? Take a look at our breakdown of major metropolitan areas in Michigan.

  1. Detroit

Michigan renters insurance FAQs


Is renters insurance required in Michigan?

Unlike auto insurance, renters insurance is not mandated by state law in Michigan, but it's an inexpensive way to protect the contents of your home. It's usually required by landlords before you can rent their property.

What does renters insurance cover in Michigan?

Liability insurance, protection for your personal property in the rental, additional living expenses, and medical payments to others are generally all included in a basic renters insurance policy. These options and their corresponding limits can be adjusted depending on your individual needs.