Average Car, Home & Renters Insurance Cost in Michigan (2026)
These are estimated annual averages for Michigan, drawn from published rate studies. They describe a typical profile — not your policy, and not a price you have been offered.
Michigan at a glance
| Coverage | Estimated annual average | Rank of 51 | Assumes |
|---|---|---|---|
| Car insurance (liability + comp & collision) | $3,050/yr | #44 of 51 | Full coverage: liability + comprehensive + collision |
| Car insurance (state-minimum liability only) | $699/yr | #30 of 51 | State-required minimum liability limits only |
| Home insurance | $2,924/yr | #34 of 51 | $300K dwelling · $300K liability · $1K deductible |
| Renters insurance | $155/yr | #32 of 51 | $30K personal property · $100K liability · $500 deductible |
Estimates derived from public rate data, NerdWallet, 2026 (powered by Quadrant Information Services). Not a quote — your rate will differ. (car insurance)
Estimates derived from public rate data, Insurance.com, 2026. Not a quote — your rate will differ. (home)
Estimates derived from public rate data, NerdWallet, 2026. Not a quote — your rate will differ. (renters)
Rank 1 is the lowest estimated average of the 50 states and the District of Columbia.
How Michigan compares with the national average
- Full-coverage car insurance runs about 30% above the national average of $2,339.
- Home insurance runs about 15% above the national average of $2,543.
- Renters insurance runs about 3% above the national average of $151.
How Michigan compares with neighbouring states
| State | Car (full) | Home | Renters |
|---|---|---|---|
| Michigan | $3,050 | $2,924 | $155 |
| Indiana | $1,910 | $2,887 | $162 |
| Ohio | $1,704 | $2,118 | $122 |
| Wisconsin | $2,351 | $1,812 | $126 |
Notes on these figures
- Renters figures assume $30K personal property · $100K liability · $500 deductible.
See where you sit
Run the interactive version for Michigan with your line, age band and coverage level — or scan your declarations page and we'll compare your actual premium against these averages.
Open The Going RateNearby states
See every state in the State Guides, or read how CoverageCard grades a policy. Terms used on this page are explained in the Insurance Glossary.