Homeowners insurance protects your most significant investment from financial loss. A standard plan pays for damage caused by fire, lightning, hail and vandalism. It also applies when personal property is stolen or you’re found liable for an accident on the property. Our partners at ConsumerAffairs researched the best homeowners insurance in Lansing so you find an affordable policy with the right coverages.
Homeowners insurance isn’t required in Michigan, but if you have a mortgage, the lender will make it mandatory. Even for people who own their homes outright, having insurance is a smart decision. Without it, you risk enormous financial losses.
The standard policy comes with dwelling, personal property and liability coverages. Dwelling protects the structure of your home if it’s damaged by a covered event. Personal property pays for loss of belongings in a covered event. Liability guards against legal exposure if you’re responsible for a property-related accident.
The average cost of homeowners insurance in Lansing is around $1,000, slightly below the U.S. average. The exact price depends on a bunch of factors, like your coverage limits, deductible amount, claims history and the characteristics of your home. Where you live in Lansing also can affect the premium.
Average home insurance rates in Lansing
Note: Based on dwelling coverage above with a constant $1,000 deductible and $100,000 liability.
When shopping for homeowners insurance in Lansing, get quotes from different companies, and ask that all applicable discounts be included. Discounts may be available when you:
Bundle home and car insurance
Pay in full
Have a good claims record
Move into a new home
Install smoke detectors or a security system
Have good credit
As you consider a policy, carefully determine when it does and doesn’t apply. Some contracts will name the “perils,” or risks, for which you’re covered. Others list only the exceptions that the policy won’t cover. Some Lansing homeowners consider raising the coverage amounts or adding additional protections, like for detached garages or certain types of water damage. Flood insurance is not a standard inclusion, so ask about adding it on.
Homeowners insurance from Progressive will cover your house and more. Get a free quote online or call for advice, and the company will be happy to find a policy that’s right for you. The HomeQuote Explorer tool lets users compare rates and coverages from different companies. There are also plenty of discounts for customers. According to reviews, Progressive has competitive rates and is an easy company to work with.
With GEICO, it’s easy to set up and service homeowners insurance. You can start the process online, or reach a sales agent seven days a week. The company offers discounts for having smoke alarms or home security systems or for insuring both a home and car. Geico has a good reputation with Lansing residents, who appreciate the value of their policies and the peace of mind that they bring.
State Farm is a leading choice of homeowners across the U.S. Visit the website to get advice on how to choose coverage and complete a home inventory. Quotes are available online or by speaking with an agent over the phone. State Farm offers discounts for purchasing multiple policies, having home monitoring systems and using impact-resistant roofing products. Many reviewers have been loyal customers for years.
Arnouts Insurance Agency
Arnouts Insurance Agency has served the Greater Lansing area since 1999. Independent agents do the price comparisons for you to find affordable home insurance with the right coverages. Fill out a contact form on the website or give Arnouts Insurance Agency a call to go over options. Lansing clients give the company plenty of five-star reviews for its genuine service and ability to save money.
Meiers Lombardini Lemanski Insurance
Meiers Lombardini Lemanski Insurance is an independent agency located in East Lansing for over 40 years. Customers are treated like family and get home insurance options from a variety of quality carriers. Call, stop at the office or request a proposal online to find out how much you can save. Customers are pleased with the service at Meiers Lombardini Lemanski Insurance and recommend the agency to friends and family.