Home Insurance Providers in Richmond, MI
Home Insurance in Richmond, MI
Home Insurance Rates in Richmond, MI
- Home Insurance: Richmond vs. U.S. [1]
-
- Michigan residents collectively (all cities) paid average annual home insurance premiums of $715.
- This average premium in MI is
27% less than the national average of $978.
- Michigan collectively (all cities) ranks 25th in the U.S. in home insurance rates.
Owner-Occupied Housing Units in Richmond, MI
- Owner-Occupied Housing: Richmond vs. U.S. [2]
-
- In Michigan collectively (all cities), owner-occupied housing made up 71.1% of all housing units.
- This owner-occupied rate in MI is
11% greater than the national average of 63.9%.
- Michigan collectively (all cities) ranks 5th in the U.S. in share of housing that is owner-occupied.
Renters Insurance Rates in Richmond, MI
- Rent Insurance Rates: MI vs. U.S. [3]
-
- Michigan residents collectively (all cities) paid average rent insurance premiums of $174.
- This average rent insurance premium in Michigan is
7% less than the national average of $187.
- Michigan collectively (all cities) ranks 20th in the U.S. in rent insurance rates.
Renters Insurance Providers in Richmond, MI
Liberty Mutual
- Get renters insurance for pennies a day.
- 24-Hour claims assistance.
- Protection from theft, fire, and more.
- Home computer and smartphone coverage.
USAA
- Get renters insurance for as little as $12 a month.
- Get replacement cost coverage for your items.
- Repair or replace your stolen or damaged property with items similar in quality and worth.
- Get a personalized quote based on your needs.
Home Ownership Costs in Richmond, MI
Household Income Spent on Home Ownership Costs in Michigan [4]
Michigan residents (collectively, all cities) spent an average of 30.4% of household income on home ownership costs, which is
10% less than the national average of 33.7%.
Household Income Spent on Rent and Utilities in Michigan [5]
Residents of Michigan (collectively, all cities) spent an average of 49.8% of household income on rent and utilities, which is
4% greater than the national average of 48.1%.
Additional information about Michigan
About Richmond
The city of Richmond has a population of approximately 5,735 and is located in Macomb County in the state of Michigan. [6]
Richmond, MI Home Insurance
For more information about Richmond Home Insurance, or for additional resources regarding home insurance overall, visit the Michigan Department of Insurance.
Did you know?
In 2012, water damage and freezing accounted for 17.5% of all home insurance losses in the United States.
1. ^ United States Census Bureau (2009)
2. ^ U.S. Department of Commerce (2012)
3. ^ United States Census Bureau (2009)
4. ^ Insurance Information Institute (2012)
5. ^ Insurance Information Institute (2012)
6. ^ United States Census Bureau (2010)
