Michigan Renters Insurance

Find the Right Michigan Renters Insurance

Find the right renters insurance policy for you.


According to the U.S. Census Bureau, over 45 percent of Michigan residents live in rental homes such as apartments, duplexes, condos, and houses. Only a small minority of these renters own a renters insurance policy. This means that the vast majority of tenants in Michigan must pay out of pocket for any losses and liabilities that occur in the home. You can protect yourself from financial losses due to property damage and liability by purchasing Michigan renters insurance.

Renters insurance is designed to cover the cost of loss or damage to the property you keep in your apartment or rented home. In addition, renters insurance can protect you financially if you are sued for property damage or bodily injury to a third party.  An independent insurance agent in our network can help you find renters coverage that fits your budget and lifestyle. Contact a member agent today to compare Michigan renters insurance quotes from several insurance carriers.


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Our independent agents shop around to find you the best coverage.

Do You Need Michigan Renters Insurance?

If you cannot afford to pay out of pocket for the cost of replacing your electronics, furniture, small appliances, clothing, bedding, jewelry, and other valuables after a fire, tornado, or other disaster, you may be a good candidate for Michigan renters insurance. Crime can also cause property destruction without warning. According to a recent state police report:

  • 59,000 homes were burglarized, statewide
  • Property loss for Michigan burglary cases alone totaled $89,947,852
  • The total property loss caused by crime was $403,838,695

Many people believe that the landlord's insurance policy covers the possessions and liability of the tenants. In fact, a typical landlord's policy covers the structure of the home, along with the light fixtures, appliances, and flooring that belong to the landlord. Your valuables are your responsibility, as are any damages or bodily injuries that occur to guests in your home. A local agent can help you evaluate your risks and the value of your property so that you can protect your personal possessions with the right renters policy.

Why Do Renters Need Liability Coverage?

Your landlord's liability policy only covers incidents that take place in common areas, such as your apartment complex's swimming pool,  workout facility or tennis court. It also covers injuries caused by neglected buildings and walkways. Any accidents or injuries that occur within the confines of your rental home are your responsibility if they are caused by your action or negligence. Some of the most common incidents include:

  • Slips and falls
  • Dog bites
  • Burns
  • Alcohol-related accidents
  • Food poisoning
  • Damage to guests' property

If you are sued for any of these incidents, you must pay for your legal defense and possibly the medical expenses of the injured person, along with any punitive damages in your settlement. A typical Michigan renters insurance policy covers some or all of these costs, up to the limits of your coverage. Renters insurance keeps your savings account and future earnings safe. An independent agent can help you evaluate your liability risks and provide you with several renters insurance quotes for coverage to protect you from costly litigation.


Ready to Save on Renters Insurance?

Our independent agents shop around to find you the best coverage.

How Much Does Michigan Renters Insurance Cost?

  • An average rental insurance policy in Michigan: $164 per year
  • An average homeowners insurance policy in Michigan: $714 per year
  • An average renter's personal property value: $20,000

The cost of your policy will depend on the location of your home, your personal risk factors, and the value of your possessions. Rental insurance usually costs much less than homeowners insurance because the rental building is owned and insured by the landlord. As a tenant, all you need to cover is your personal property and liability. A local member agent works with several Michigan rental insurance carriers and can help you find the most affordable options for the renters coverage you need.

What Does Michigan Rental Insurance Cover?

The following are several types of tenant coverage that protect your assets and savings in different ways.

Home contents: Pays for the replacement or repair of the items you keep in your home. This coverage can also extend to valuables you carry in your car or luggage. It's a good idea to update your inventory of items regularly so that you always have a record of the replacement value of each possession on your list.

Renters liability: Pays medical expenses, punitive damages, and legal defense, up to the limits of your coverage, if you cause injury or property damage to someone in your home.

Relocation: Pays for temporary housing if a safety issue or damage to the building forces you out of your rental home.

Umbrella coverage: Protects you from liability costs that exceed the limit of your renters liability insurance.

A local agent can help you decide which blend of renters insurance is right for you and can combine your renters policy with other types of coverage, such as your auto insurance, to save you time and money.

Shop Michigan Renters Insurance the Easy Way

Many insurance carriers provide rental coverage with a wide variety of prices and options. You can do your comparison shopping quickly and easily with the help of a nearby independent agent. These agents have access to multiple insurance providers and can help you compare a number of quotes to find the best fit for your needs and budget.

Contact a local agent in our network to discuss your coverage options and compare Michigan renters insurance quotes today.

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