Michigan Homeowners Insurance
Michigan is ranked 26th in the United States in homeowners insurance cost. According to a 2007 study, Michigan residents pay an average of $721.00. Renters in the state, pay an average of $170.00 for Michigan renters insurance which ranks 19th.
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With estimated population of 9,969,727 as of 2009, Michigan makes up about 3.00% of the population in the United States.
Michigan is ranked 10th in the nation among homeownership rate with 73.50% homeownership rate based on government data for 2009 Q4 report.