48059, MI Home Insurance

In the zip code of 48059, the population size is around 15,319, which consists of 6,530 occupied homes in your area. We often hear homeowners ask us what the average home insurance premiums are for residence living in Fort Gratiot, MI. A few years ago, a study was done and found that the average home insurance rates for Michigan are around $760 per year for a standard homeowners policy. At GetHomeInsuranceQuotes.com, we help homeowners find cheaper rates and better coverage for an existing or new home purchase opportunity. We have partnered with 12 major home insurance companies that have the most competitive rates for homes in the 48059 zip code location. Our savings model helps you not only save up to 40% or more, but also includes enhanced coverage options to help protect your home and family while livings in Fort Gratiot. If you enter your zip code for the home you would like to shop and compare rates for today, we can help you review the premiums and coverage online or over the phone. Give us a call now at 1-855-976-2656 so we can help you compare rates today!

If you would like to review more information on rates within your area, please click Fort Gratiot, MI Homeowners Insurance Online Rates Today!

Average Building Cost Per Square Foot in 48059: $132

Average Square Footage in 48059: 1,267 Sq. Ft.

When building or updating a home, it's always good to review the average cost per square foot to build in 48059 before you start any project. Fort Gratiot homeowners pay on average around $132 per square foot to build a home. Another great reason to know the average cost to build is for your homeowners insurance policy. A standard homeowners policy will help you cover the replacement cost of your home due a fire or any other named perils on your policy. Calculating your dwelling coverage for your home in 48059 is extremely helpful when estimating how much replacement cost coverage you need. We highly recommend that you have enough dwelling coverage to rebuild your home if it was destroyed by a covered peril.

Here is how you determine your replacement cost. If we take an average home in 48059 and want to estimated the dwelling coverage, than we will need the square footage of the home which is 1,267 sq. ft. and the average cost to rebuild the home in this area is around $132 per square foot would be considered a base estimate cost. These two numbers would allow us to generate the replacement cost needed for an average size home in the Fort Gratiot area. If the home is new or has been upgraded, you will want to add $50 to $100 or more per square foot to equally cover the replacement cost to restore a home back to it's original condition.

It's important to understand that when you estimate your replacement cost of your home in the 48059 zip code area, it will be the cost to replace the structure of your home, not the additional value of the property that is factored in when purchasing a new home.

Allstate Insurance Company - Mark Gillihan

Skerratt-Guenette- Gaye L - State Farm Insurance Agent

Al Bourdeau Insurance Agency

David Moses-Farmers Insurance

Household Data for 48059

The average number of homes in 48059 is around 6,530, there are an average of 2.31 per household. The average house value according to local real estate values is around $167,300. Please review the following demographics below for average income and media age.

• Economists Top 5 Housing Predictions for 2025 Posted on Monday 6th January, 2025

  Housing costs are currently sky-high, regardless of whether you are renting or in the market to buy a home. According to the latest data from the U.S Cenus, the median sales price for a single-family home was $437,300, which is up from $426,800 a month prior. On the rental front, the median price for rent […]

• Do homeowners insurance policies have loopholes? Posted on Monday 30th December, 2024

  Homeowners insurance is a necessity to help protect your home, but there can be coverage gaps that you may not be aware of which can leave you unprotected. Flood and earthquake damage along with mold and other issues are excluded from most standard homeowners insurance policies.  Here are some common exclusions that could leave you […]

• 2025 – Study Shows Home Insurance Market Stabilizing Posted on Wednesday 11th December, 2024

  According to a new report from Matic, the homeowner’s insurance market has shown signs of stabilizing roughly two years after major premium hikes and coverage challenges.  Even though premiums are high, trends in the insurance industry show that a slowdown in premium growth may be coming. Here is a brief overview of the report and […]