Gavop's guide to buying homeowners insurance in Petoskey, MI covers how to get the right coverage, optimize deductibles, identify the best agents, understand claim requirements, avail discount options, compare cheap quotes and research reviews.
| Bedrooms | Average Home Value | Estimated Replacement Value | Recommended Home Insurance Coverage |
|---|---|---|---|
| 1 Bedroom | $68,000 | $60,000 | $50,000-$75,000 |
| 2 Bedroom | $99,000 | $80,000 | $100,000-$125,000 |
| 3 Bedroom | $219,000 | $200,000 | $200,000-$250,000 |
| 4 Bedroom | $172,500 | $160,000 | $175,000-$200,000 |
| 5 Bedroom | $236,500 | $220,000 | $200,000-$250,000 |
| Bundling Type | Discount ($) | Premium After Discount ($) |
|---|---|---|
| Home and One Car | -$63 | $635 |
| Home and Two Car | -$119 | $579 |
| Home and Three Car | -$161 | $537 |
| 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 |
| Emmet County | $2,500 | $787 | $3,287 | $572 | $3,072 | $215 |
| Petoskey, MI | $2,500 | $690 | $3,190 | $501 | $3,001 | $188 |
| Horton Bay, MI | $100 | $868 | $968 | $631 | $731 | $237 |
| Warner, MI | $2,000 | $724 | $2,724 | $526 | $2,526 | $198 |
| Charlevoix County, MI | $500 | $668 | $1,168 | $486 | $986 | $183 |
| Koehler, MI | $1,500 | $728 | $2,228 | $529 | $2,029 | $199 |
| Cheboygan County, MI | $300 | $686 | $986 | $499 | $799 | $188 |
| Nunda, MI | $2,000 | $701 | $2,701 | $510 | $2,510 | $192 |
| Frederic, MI | $400 | $700 | $1,100 | $508 | $908 | $191 |
| Montmorency, MI | $700 | $759 | $1,459 | $551 | $1,251 | $207 |
| Millersburg, MI | $500 | $647 | $1,147 | $470 | $970 | $177 |
| Lovells, MI | $2,500 | $740 | $3,240 | $538 | $3,038 | $202 |
| Home Insurance Company Petoskey, MI | Homeowners Insurance Agency Petoskey, MI | Address | Popularity Score | Distance from Petoskey (miles) |
|---|---|---|---|---|
| Farmers | Cindy Alexander | 221 W Mitchell St, Petoskey, MI, 49770 | 2.4 | |
| Farmers | Paula Carter | 103 W Main St, Gaylord, MI, 49735 | 28.5 | |
| Farmers | Jeffrey Peters | 221 W Mitchell St # 1, Petoskey, MI, 49770 | 2.4 | |
| State Farm | Craig Simmons | 1170 Bay View Rd Ste B, Petoskey, MI, 49770-9008 | 3.5 | |
| State Farm | Robb Burkee | 721 Pleasant St, Petoskey, MI, 49770-2840 | 1.9 | |
| State Farm | Sue Schoenith | 844 S Main St, Cheboygan, MI, 49721-2283 | 31.6 | |
| State Farm | Mark Riedy | 4494 S M88, Bellaire, MI, 49615-9700 | 28.9 | |
| State Farm | Craig Simmons | 1170 Bay View Road Suite B, Petoskey, MI, 49770-9008 | 3.5 | |
| Allstate | Robert Holmes | 6 Spring St, Saint Ignace, MI, 49781 | 37.3 | |
| State Farm | Mike Epping | 801 Bridge St, Charlevoix, MI, 49720-1421 | 12.6 |
| Place | Typical Home Value | Typical Home Insurance Costs | 25th Percentile | 75th Percentile | Potential Savings & Difference between 25th & 75th Percentile |
|---|---|---|---|---|---|
| Michigan | $136,400 | $775 | $560 | $1,060 | $500 |
| Emmet County, MI | $171,100 | $796 | $540 | $1,120 | $580 |
| Petoskey, MI | $178,900 | $698 | $470 | $980 | $510 |
| Horton Bay, MI | $214,200 | $879 | $640 | $1,210 | $570 |
| Warner, MI | $107,500 | $733 | $500 | $1,050 | $550 |
| Charlevoix County, MI | $158,800 | $676 | $480 | $940 | $460 |
| Koehler, MI | $110,000 | $737 | $500 | $1,010 | $510 |
| Cheboygan County, MI | $116,900 | $695 | $470 | $950 | $480 |
| Nunda, MI | $93,400 | $710 | $500 | $1,010 | $510 |
| Frederic, MI | $92,500 | $708 | $490 | $1,010 | $520 |
| Montmorency, MI | $131,300 | $768 | $550 | $1,080 | $530 |
| Millersburg, MI | $64,400 | $655 | $440 | $930 | $490 |
| Lovells, MI | $118,000 | $749 | $510 | $1,060 | $550 |