Saginaw Homeowners Insurance

What Your Saginaw, MI Homeowners Insurance Policy Needs

Find the right homeowners insurance policy for you.

The city of Saginaw, MI is made up of several distinct and diverse neighborhoods. From Sheridan Park to the Cathedral District, there is something for everyone in this large mid-Michigan city. The city is also home to a number of cultural and entertainment venues, including the Temple Theatre, the Andersen Enrichment Center and Rose Gardens, and the Dow Event Center. If you are one of the many people who own a home in this vibrant and innovative city, you will want to be sure to protect your investment with a suitable Saginaw home insurance policy.

When you're in the market for affordable coverage, you can turn to an independent insurance agent in our network for help. These agents are able to gather Saginaw homeowners insurance quotes from a variety of reputable providers so that it is easy for you to compare rates and choose the best policy to meet your coverage and budgetary needs. Find an agent near you to get started.

  • National yearly premium average: $1,034
  • Michigan yearly premium average: $802
  • 37th most expensive premiums in the U.S.

You may be happy to learn that homeowners in Michigan pay lower-than-average rates for their home insurance coverage. Of course, you can still end up paying too much for your policy if you do not shop around and compare Saginaw home insurance costs. Quoted rates can vary significantly from one insurance provider to the next because each has a proprietary method of calculating rates based on a number of factors:

  • The value and rebuilding cost of the home you are insuring
  • The age of your house and the materials used in its construction
  • The ZIP code in which your house is located
  • The amount of contents coverage you wish to purchase
  • The presence of a swimming pool or other liability hazard on your property
  • The amount of your deductible

Be sure to compare Saginaw homeowners insurance quotes from competing insurance companies before you make a selection so you can select the policy that offers the best value for your money.

Second Home and Vacation Home Insurance

Some residents in Saginaw own a second home or a vacation home; these properties need to be covered by home insurance as well. However, properties such as these have some different insurance considerations. For example, a vacation home may have lower personal property coverage needs than your primary residence, but it may cost more to insure if it is in an area that has more significant severe weather risks or if it sits empty and unattended for several months out of the year. 

Likewise, if you own a second home that you rent to tenants, you will not need to cover their personal belongings. These differences highlight the fact that being a landlord has its own risks and requires a specialized policy. Your agent can help you find suitable coverage for all of your properties.

Number of Thefts in Michigan

  • National number of burglaries: 37,814
  • Michigan number of burglaries: 56,344

The burglary rate in Michigan is higher than the national average; and unfortunately, it is a significant problem in Saginaw as well. In recent years, there were 746 burglaries reported in this city. That equates to about 14.75 burglaries for every 1,000 homes – more than double the national average of 6.11 that year.

In the unfortunate event that your house is broken into, your Saginaw homeowners insurance compensates you for your losses. In the meantime, be sure to take measures to protect your property by doing such things as keeping entryways well lit, stopping mail delivery when you are away on vacation, and keeping doors and windows securely locked at night and while you are out. If you install a burglar alarm system – a highly effective theft deterrent – in your home, you may even be able to qualify for a discount on your Saginaw home insurance policy.

Number of Catastrophes in Michigan

  • Number of catastrophes in Michigan: 301
  • Number of tornadoes in Michigan: 9
  • Amount of property damage in Michigan: $1,880,370,000
  • 1 in 15 insured homes has a claim each year

Severe weather is not the only cause of damage to Saginaw homes. Residents may also experience property damage caused by property crimes or accidental disasters, like uncontrolled fires. Because some hazards put you at risk for a total loss, you want to be certain that your Saginaw homeowners insurance policy includes sufficient property coverage and that it is backed by a reputable and responsive insurer. Our agents will only recommend trustworthy insurance companies.

What Are the Risks in Saginaw, MI?

Residents of Saginaw have a significant risk of property damage caused by severe storms and tornadoes. The tornado risk in this city is actually 25 percent greater than the national average. One of the worst tornadoes to affect residents in this area was an F5 twister that touched down 22.8 miles from the Saginaw city center, causing more than $5 million in property damage. Your Saginaw homeowners insurance policy is likely to cover the damage caused by storms and tornadoes. Your agent can help you be sure before you purchase your policy.

Often, severe storms are accompanied by flash flooding, particularly in areas that are in close proximity to the Saginaw River. Unfortunately, flood damage is not covered by home insurance as too many people often learn too late. The good news is that your agent can help you get flood insurance through the National Flood Insurance Program (NFIP) so that you can close this coverage gap in your Saginaw home insurance policy.

Compare Saginaw Home Insurance Quotes

The only way to be certain that you are purchasing your Saginaw homeowners insurance policy at a reasonable price is by comparing costs and offerings from competing insurance companies. Because many people find this to be a time-consuming and frustrating undertaking, they often forego this important step and then end up paying much more than they need to for their home insurance.

That is why when you are shopping for insurance for your home, it is a good idea to work with an independent agent in our network. A local agent can take the time to understand your concerns and coverage requirements and can then make rate inquiries on your behalf. That way, you can easily compare a selection of customized Saginaw home insurance quotes. 

Find an agent near you to get started.

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