Ewen, MI Homeowners Insurance Rate Quotes!

Are you shopping online because your homeowners insurance rates have increased in Ewen, MI? Getting mulitiple home insurance quotes from GetHomeInsuranceQuotes.com of Michigan couldn't be easier. Within minutes you can compare the most competitive prices and use our free consultation process to help you decide which coverage and rate is best for you and your family. The insurance providers that we shop for you are very competitive in Ewen and have an above average rating with A.M. Best. If you have additional questions or would prefer to work with our specialized Michigan insurance agent then please give us a call. For faster quotes, you can get your Ewen home insurance quotes online by entering your zip code of the home you would like to insure.

What is a Ewen, MI home insurance policy? For Ewen homeowners, you may be interested to know that a home insurance policy is classified as a multiperl. This simply means that it combines both your property and casualty coverage into one packaged policy making it convenient and less expensive to insure your home in Ewen. Your Michigan home insurance policy is designed to protect you from major risk like theft, fire and wind/hail damage. In addition, your new policy can also cover your belongings and liability coverage that may occur due to accidents or injury. Our agents feel it is important for you save money on the cost of your home insurance, but understanding the benefits of great coverage can help protect you when you need it most.

Ewen, MI City Information

Average Ewen Home Insurance Rates

Let's review home insurance rates for the city of Ewen. Did you know that homeowners are finding easier ways to get more affordable rates by shopping online? Michigan may not be the cheapest state in the country to purchase a home insurance policy, it does rank lower than average at a national rank of 36. Homeowners of Ewen, MI are currently paying between $512.00 and $1,062.00 for an annual home insurance premium. On a national scale, homeowners are paying $1,311 per year on average, and for Michigan the average rate combining all premiums is around $1,002 a year. These average home insurance rates reflect the annual premium of a standard HO-3 home insurance policy which includes the coverage of your home, your contents, loss of use, medical payments and homeowner liability coverage.

Finding the best homeowners insurance rates online is very easy with GetHomeInsuranceQuotes.com, please allow our shopping services to provide huge savings benefits for you and your family. Save now by shopping rates and review prices as low as $64.00 per month. First, enter your zip code to start shopping local Ewen, MI homeowners insurance rates. Once you process your online application, we can compare up to 12 competitive rates for you. We can also provide a free consultation to allow you to review the policies and ask questions to help alter the coverages and rates. Our process is free and online takes a few minutes of your time. Thousands of Ewen homeowners every month trust our home insurance shopping service. Try it today!

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Average Rates Nearby Ewen

Are you looking for homeowners insurance in a city near Ewen? Review coverage options and average rates in your area by clicking your city below. We can help you shop home insurance rates!

Home Insurance Rates by Zipcode in Ewen, MI

Easily review average rates and get multiple homeowners insurance quotes by clicking your zip code below located in Ewen.

49925,     

Ewen, MI Home Insurance Average Premiums

$512 /yr.

For the city of Ewen, homeowners insurance rates may vary on deductible, coverage amount and property details. Below is a list of the averages based on the cost of an annual home insurance premium.

What is the average home insurance cost for a home in Ewen, MI?

What does it cost on average per month for home insurance in Ewen, MI?

Ewen, MI Coastal Wind, Hail & Flood Information

Ewen is located in a coastal county which greatly increases the risk of hurricanes and windstorms. Our quoting process will include wind and hail coverage options to give you the best protection you need against high winds and storm damage.

Flood Zone Notice: The beautiful coastal city of Ewen is know for it's beautiful beaches and waterways. Because Ontonagon County (FIPS: 26131) has a shoreline and is in a coastal area it is important to purchase flood insurance. The risk is very high in this area and we will work with you to provide the best flood insurance coverage you need for your home in Ewen, MI.

Ewen, MI - 2023 Housing Information

Homeowners insurance will help cover the cost to repair or replace your Ewen home if it is damaged or destroyed by a covered peril, up to your coverage limits. A homeowners policy is made up of a few different coverages. Here are the most common coverages:

Get up to 12 competitive Ewen, MI homeowners insurance rates all in one place!

Saving Money Tips on Ewen Home Insurance

A great way to save money on Ewen homeowners insurance is to make sure you are getting all the discounts you are qualified to receive. Here are just a few of the most common discount’s insurers offer:

Are you shopping for the best rate near or wihin the Ewen area? Check out what homeowners are paying on average for Michigan homeowners insurance.

Elevation Review for Coastal Wind or Flooding Risk

» Elevation is crucial to a homeowners insurance policy because it determines the risk of your home being in a flood zone which is particularly important in a coastal state such as Ewen, Michigan.

A standard homeowners policy does not cover flood damage. If you live in a flood prone area, you will need to purchase a separate flood to fully protect your home. Call Now for Flood Insurance Quotes: 888-620-1954!

Flood insurance can be purchased via the National Flood Insurance Program (NFIP) or in the private market. NFIP policies come with coverage caps and other restrictions so you may need to supplement your flood insurance coverage with a private market policy.

It's important to remember that flooding occurs in low and moderate risk areas as well. According to FEMA data, almost 25% of all flood claims come from low to moderate-risk areas.

To get online quotes on your home and compare rates on home insurance premiums in Ewen, enter your zip code above and easily complete our online quoting application. Remember, it's important to speak with us about additional home insurance discounts so you can get the best rate for your home in Ontonagon County.

Michigan Homeowners Insurance News & Information

While the odds of a major disaster hitting a specific home is the same regardless of whether the owner has a great credit score or one that puts them in a subprime category, their credit score will impact their rate in many states.  In most states, insurers are allowed to consider credit scores when setting […]

If you are switching insurance companies, you should always check the financial strength of any insurer you are seriously considering. While an affordable premium is always a plus, if your insurance company cannot afford to pay when you file a claim, the savings will certainly not be worth it.  A.M. Best is a credit rating […]

A bill in the U.S. House called the Natural Disaster Reinsurance Plan, hopes to lower insurance costs for policyholders in states that opt-in to the program which will scale back the requirements regarding the amount of reinsurance that insurance companies need to purchase.  Currently, a Broward commissioner is asking Congress to pass legislation he claims […]

North Carolina is a fantastic place to live with plenty of cultural activities, beautiful beaches, world-class cities as well as great restaurants and shopping. The only disadvantage to living in North Carolina, particularly if your home is located in coastal area is the cost of homeowners insurance. The average premium for a standard homeowners insurance […]

Making renovations to your home can have a major impact on your insurance coverages as your risk profile changes. Adding square footage, putting in a swimming pool, outbuilding or upgrading your electrical may change the value of your home which could leave your underinsured.  Major upgrades such as adding square footage to your home or […]

Ewen, MI Dwelling Coverage Estimate

It is important to calculate your dwelling coverage for your home in Ewen so you know what type of homeowners insurance coverage you need to cover your replacement cost. It is recommended to have enough dwelling coverage to rebuild your home if it was destroyed by a covered peril.

Please remember that replacement cost coverage does not include the cost of the land, only the price to rebuild your home, which is why we like to help customers by answering a few questions that you may have.

What is the average replacement cost coverage in Ewen, MI?

- The average square footage in Ewen is around 564 Sq. Ft. which would cost you around $74,500 to replace the home if you base the home on the price to build per square foot of $132.

Minimum Replacement Cost Total: $74,500

Location: Ewen, Michigan (Ontonagon County)

Average Building Cost Per Square Foot in Ewen: $132 (low end)

Average Square Footage in Ewen: 564 Sq. Ft.

The dwelling coverage is calculated by the average cost per square foot ($132) in Ewen, Michigan times your heated square footage. Which would equal the cost to rebuild your home minus the cost of the property or land. Some homes will have a higher replacement cost due to home improvements like updated kitchens and bathrooms. Other upgrades may include: granite countertops, hardwood floors and stainless steel appliances. The national square foot average to build a brand new home is around 2500 square feet. So if you are looking to build, and your square footage of your new home is 2500, you are looking at a dwelling coverage premium of around $412,500 (Media price to build of $165 x 2500 sq. ft.) to cover the cost to rebuild your new home.

What is the difference between actual cash value and replacement cost value?

Homeowners insurance is available in both actual cash value (ACV) and replacement cost value (RCV). Knowing the difference is important:

Actual cash value: When valuing your personal possessions, an actual cash value policy will take depreciation into account. This means that your 10-year-old TV will be basically worthless according to your insurance company. While an ACV policy tends to be cheaper, if you have to make a claim you may be disappointed in your claim payout.

Replacement cost value: A RCV policy will replace your possessions with brand new items of similar quality regardless of how old they were at the time they were destroyed. While RCV policies are slightly more expensive, they are well worth the cost if you have to make a claim.

Ewen, MI Home Insurance Quotes!

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