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 affordable renters insurance in Michigan

Renters insurance is an optional — but important — product that works to keep your belongings safe in the event your rental property suffers damage from common incidents. Renters insurance covers your items in the event of smoke or fire damage, a wind storm, theft, vandalism, and a variety of other calamities.

There are relatively substantial variations in average renters insurance prices by state. Policy rates in states differ depending on the value of — and total number of — renters policy claims filed in that state, and depend on the value of the belongings you're covering.

Getting renters insurance in Michigan is less expensive than the US average. The average annual cost of renters insurance in Michigan is $155, $29 less expensive than the US average.

The best way to find affordable renters insurance in Michigan is to compare rates and consider policies from as many insurance companies as you can. Get an idea of typical renters insurance rates in Michigan by referencing the below tables. Your rates may vary, depending on your coverage limits and the valuation of your belongings.

Michigan renters insurance:
  1. By insurance company
  2. By city
  3. Bundling discounts

Renters insurance prices in Michigan by company

Renters insurance rates in Michigan differ based on the insurance company you choose. Frankenmuth Insurance offers the best deal on renters insurance in Michigan, at just $102 each year. This beats the state mean rate of $155, offering a 35% price cut on average policy costs statewide.

Start looking for affordable coverage by reviewing the most affordable Michigan companies, detailed below.

Insurance CompanyAverage Annual Rate in Michigan
Frankenmuth Insurance$101.66
Hastings Mutual$110.81
Cincinnati Insurance$146.77
Pioneer State Mutual$157.85

Another insurance provider you should consider is Lemonade. Via their easy-to-use app, you can manage your renters policy, add new coverage, and easily speak to a customer service representative. With rates averaging $5 a month, Lemonade offers cheaper rates than the companies above. Get started today.

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Michigan renters insurance costs: by city

Not all Michigan cities have equal renters insurance rates. Prices may depend on local variables such as the number of claims filed nearby, meaning your specific ZIP code impact how much you pay.

The cheapest renters insurance in Michigan is available in Ann Arbor. The average renters insurance policy in Ann Arbor costs only $125 annually — $30 less than the state average. Reference the below table to see the cheapest cities in Michigan for renters insurance.

Average Annual Renters Insurance Rate
Ann Arbor


Michigan insurance bundling discounts: renters + auto

If you want to save on insurance, consider buying your renters and auto policies from the same insurance company. Bundling auto and renters insurance in Michigan can save you a substantial sum each month on auto insurance. Bundling policies in Michigan leads to an average annual savings of $110.

Avg. Yearly Auto Insurance Rate (No Bundle)
Avg. 12-Month Auto Insurance Rate (Bundle)
Annual Bundle Savings
Bundle Savings %


You can save money on insurance by bundling your renters and auto policies. Get started today!

Compare rates from top car insurance companies.

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