Addison Homeowners Insurance

Your Complete Guide to Addison, MI Homeowners Insurance

(Find the best homeowners insurance policy for you.)

Michigan is home to a quiet village called Addison. With less than 700 residents, many are drawn here seasonally, but the few that live here all year enjoy that Addison is a lot quieter than most places in America. If you have a house in Addison, it is a great idea to purchase a homeowners insurance policy to protect your investment.

Let an independent insurance agent assist you in finding the best coverage for your Addison home. Find an insurance agent near you to learn more and to start comparing customized homeowners insurance quotes.

How Much Does Homeowners Insurance Cost in Addison, MI?

Michigan property owners pay less than the national average for homeowners insurance. The same is true for Addison homeowners, although they do pay a little bit more than the state average. Yearly averages for this policy look like this:

  • National average: $1,192
  • Michigan average: $1,073
  • Addison average: $1,140

Your actual rate in Addison may be higher or lower than this average. Home insurance rates are formulated on a case-by-case basis. It’s a good idea to request rates from a few different providers. Your cost for coverage will be based on factors like:

  • The amount of coverage you are purchasing
  • The location of your home
  • The neighborhood crime rate
  • Your claims history and credit score
  • Type of home (condo, single-family house, manufactured home)

What Kinds of Damage Does Addison, MI Homeowners Insurance Cover?

Addison homeowners may face a variety of ways that their property may sustain damage due to the weather. Hazards in this area come from tornadoes, severe winds and winter weather.

Extreme Weather Events in Addison from 1950-2010

  • Thunderstorm winds: 2,255 times
  • Hailstorms: 990 times
  • Heavy snow: 112 times

Addison property owners need to invest in a policy to protect their assets. It may end up saving you from the huge financial burdens that can occur after a disaster.

Burglary Rate in Addison

The burglary rate in Michigan is lower than the national average, and Addison tends to be even lower than the state and national averages.

  • Number of burglaries per 1,000 homes in the US: 3.76
  • Number of burglaries per 1,000 homes in Michigan: 3.17
  • Number of burglaries per 1,000 homes in Addison: 1.96

Although the risk of burglary in this city is very low, if your house is broken into, your homeowners insurance can reimburse you for your losses as well as any damage the burglar may have caused.

What about Flood Damage in Addison, MI?

Residents in Addison have seen how summer storms can bring flooding and damage to their homes. Unfortunately, your homeowners insurance won't provide coverage for damage from floods. To make sure you are covered, you will need a separate flood insurance policy that will cover things like:

  • Your home and its foundation
  • Electrical and plumbing systems
  • Kitchen appliances like your refrigerator, stove and dishwasher
  • Debris removal

Floods common for Addison residents, so it's important to get covered sooner rather than later. Flood insurance can take up to 30 days to go into effect, so don’t wait for flooding to be imminent.

Do Addison, MI Homeowners Need Liability Protection?

The homeowners liability portion of your homeowners insurance is the most important in making sure you're protected. This policy is designed to cover court costs, legal defense fees and financial damages if you are held liable.

Examples of times that this insurance provides coverage include:

  • If your pets or children cause injuries or property damage to others
  • If you accidentally injure someone while you are away from home, like in a basketball game
  • If someone is injured on your property and it can be blamed on negligence on your part

Sometimes accidents happen, and these mistakes may lead to third-party injuries. If you are at fault, you’ll be expected to cover the cost. With homeowners insurance, you will be protected from a huge financial burden.

Why Work with an Independent Insurance Agent in Addison, MI? 

Independent insurance agents understand the risks you face as a homeowner in Addison. These agents will make it easy to find the best coverage option available for you. They contact insurance companies and do the comparison shopping for you. Find an insurance agent in or near Addison to get started.

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