Gavop tells you how to get the best homeowners insurance in Alger County, MI by getting the correct coverage, picking the right deductible, showing the best agents, comparing the cheapest rates, showing real customer reviews, etc.
| Bedrooms | Average Home Value | Estimated Replacement Value | Recommended Home Insurance Coverage |
|---|---|---|---|
| 1 Bedroom | $32,500 | $30,000 | $25,000-$50,000 |
| 2 Bedroom | $93,500 | $80,000 | $100,000-$125,000 |
| 3 Bedroom | $131,000 | $110,000 | $100,000-$125,000 |
| 4 Bedroom | $180,000 | $150,000 | $150,000-$175,000 |
| 5 Bedroom | $231,500 | $190,000 | $250,000-$300,000 |
| Type | Discount ($) | Premium After Discount ($) |
|---|---|---|
| Multipolicy Discount | -$119 | $579 |
| Superior Protection Discount | -$63 | $635 |
| Fire & Security Discount | -$63 | $635 |
| Hail Resistant Roof Discount | -$21 | $677 |
| Newly Constructed Home Discount | -$188 | $509 |
| Low Deductible ($500) | High Deductible ($2500) | |||||
|---|---|---|---|---|---|---|
| Place | Example Claim Amount | Yearly Premium | Total Yearly Cost | Yearly Premium | Total Yearly Cost | Net Savings for High Deductible Plan |
| Alger County | $1,500 | $689 | $2,189 | $501 | $2,001 | $188 |
| Alger County, MI | $2,500 | $689 | $3,189 | $501 | $3,001 | $188 |
| Grand Island, MI | $300 | $863 | $1,163 | $627 | $927 | $236 |
| Munising, MI | $2,500 | $742 | $3,242 | $539 | $3,039 | $203 |
| Luce County, MI | $300 | $636 | $936 | $462 | $762 | $174 |
| Onota, MI | $1,500 | $881 | $2,381 | $640 | $2,140 | $241 |
| Place | Typical Home Value | Typical Home Insurance Costs | 25th Percentile | 75th Percentile | Potential Savings & Difference between 25th & 75th Percentile |
|---|---|---|---|---|---|
| Michigan | $136,400 | $775 | $550 | $1,070 | $520 |
| Alger County, MI | $119,000 | $698 | $470 | $960 | $490 |
| Alger County, MI | $119,000 | $698 | $500 | $960 | $460 |
| Grand Island, MI | $210,000 | $873 | $640 | $1,230 | $590 |
| Munising, MI | $119,300 | $751 | $500 | $1,070 | $570 |
| Luce County, MI | $83,200 | $644 | $430 | $880 | $450 |
| Onota, MI | $223,100 | $892 | $620 | $1,280 | $660 |