Get multiple home insurance quotes in 48085. Our licensed 48085, MI agents are ready to serve you.

48085 Home Insurance Rates

For homeowners living in 48085, the population estimates are increasing to well over 26,507 with 9,107 occupied homes within the zip code of 48085. Homeowners like you are dicovering up to 40% or more in savings when they shop their new home insurance policy online. At GetHomeInsuranceQuotes.com, we provide homeowners a free shopping service that allows you to easily compare up to 12 competitive quotes for free. Home insurance premiums in Troy have increased and the average home insurance premium is around $736 per year in 48085. With our online quoting services and hassle free consultation, we can help you apply all the available discounts you need, plus review the best coverage and carrier option for you. Enter your 48085 zip code today so we can help you find affordable Troy, MI home insurance premiums.

Compare Multiple Homeowners Insurance Rates in 48085

Please select one of the three options below based on your 48085 zip code to learn more about Michigan homeowners insurance, plus review average rates and information per state, county or city.

  1. Michigan Homeowners Insurance Quotes
  2. Oakland County, MI Home Insurance
  3. Troy, MI Home Insurance Quotes

48085 Average Home Insurance Rating Cost is: Medium!

Getting cheaper homeowners insurance in the 48085 zip code just got easier with GetHomeInsuranceQuotes.com of Troy, MI. A homeowners policy consists of a combined property and casualty coverage for your home. To insure your home for a variety of risks like fire, theft, windstorm damage or liability accidents, it's important to get the right home insurance coverage. A standard HO-3 homeowners policy will help you get the basic coverage you need. Their are multiple home insurance types and we can help you get the savings you are looking for you in your insurance cost, plus the enhanced coverage you need so you have the protection when you need it most. Shop your home in 48085 today and let us help you review the best home insurance quotes available for homeowners living in Troy.

Get 48085 Homeowners Insurance Rates Now!

48085 Home Insurance Average Premiums

Local 48085 homeowners insurance quotes comparison

$486 /yr.

Shows Zip Code: 48085 lowest rates with discounts applied on average.

For the 48085, homeowners insurance rates may vary on deductible, coverage amount and property details. Below is a list of the averages based on the cost of an annual home insurance premium.

Coverage Amount:Annual Premium
1800 sq. ft. or below
(discounts applied)
$486 /yr.
Average Coverage:$736 /yr.
2600 sq. ft. or higher
(all discounts applied)
$1036 /yr.

What is the average home insurance cost for a home in 48085?

  • • The average homeowners insurance premium paid annually for a home in 48085 is around $736 per year.

What does it cost on average per month for home insurance in 48085?

  • • Homeowners in 48085 pay a monthly average cost per month around $61.00.

What kind of discount could I get if I combine my home and auto insurance together in 48085?

  • • Autoowners in 48085 can receive a 20% to 25% discount if they own a home and would like to group or bundle their car and home insurance together with one insurance company.

For shopping home insurance rates within the Troy area, check out other zip codes nearby 48085.
Review average rates in another zip code:
48084 homeowners insurance rates
48098 homeowners insurance rates
48085 homeowners insurance rates
48083 homeowners insurance rates

Home Replacement Cost Coverage in 48085

Average Building Cost Per Square Foot in 48085: $132

Location: Troy, Michigan (Oakland County)

Average Square Footage in 48085: 2,452 Sq. Ft.

When building or updating a home, it's always good to review the average cost per square foot to build in 48085 before you start any project. Troy 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 48085 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 48085 and want to estimated the dwelling coverage, than we will need the square footage of the home which is 2,452 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 Troy 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.

Home Improvement StatusPrice per Sq. Ft.Square FeetDwelling Coverage
Basic Home Features$1322,452$323,700
Additional Upgrades & Added Features$1652,452$404,625
Major Home Updates or Advancements$1982,452$485,550

It's important to understand that when you estimate your replacement cost of your home in the 48085 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.

Best Homeowners Insurance Agencies in 48085

Farm Bureau Insurance Bruce D Smith Agency

Address: 89 West South Boulevard Suite 700 Troy, MI 48085
Phone: (248)879-3100
Website: www.farmbureauinsurance-mi.com

Bruce D Smith Farm Bureau Insurance Agency

Address: 89 West South Boulevard Suite 700 Troy, MI 48085
Phone: (248)879-3100
Website: www.farmbureauinsurance-mi.com

Allstate Insurance-Maria Olivan Agency

Address: 1977 E Wattles Unite C Troy, MI 48085
Phone: (248)524-3840
Website: agent.allstate.com/83433

Best Home & Auto Insurance Agencies in 48085

Duane D Elkins - Allstate Agent

Address: 6780 Rochester Rd Troy, MI 48085
Phone:
Website: http://www.allstateagencies.com/DuaneElkins/Welcome/
Info:

Heidi Wheeler Ins Agcy Inc

Address: 6451 Rochester Rd Troy, MI 48085
Phone:
Website: http://www.statefarm.com
Info: State Farm - Car Insurance Quotes - Save on Auto Insurance
State Farm offers more discounts to more drivers than any other insurance company. Get a free quote today and see how you can save on auto, home, life and more. State Farm, auto insurance, car insurance, home insurance, homeowners insurance, renters insurance, life insurance, health insurance, annuities, mutual funds, banking, car loans, credit cards, Visa gift cards

Percy- Ann E

Address: 5949 John R Rd Troy, MI 48085
Phone:
Website: http://www.statefarm.com
Info: State Farm - Car Insurance Quotes - Save on Auto Insurance
State Farm offers more discounts to more drivers than any other insurance company. Get a free quote today and see how you can save on auto, home, life and more. State Farm, auto insurance, car insurance, home insurance, homeowners insurance, renters insurance, life insurance, health insurance, annuities, mutual funds, banking, car loans, credit cards, Visa gift cards

Dixon- Mary Hope - State Farm Insurance Agent

Address: 2888 E Long Lake Rd, #140 Troy, MI 48085
Phone:
Website: http://www.statefarm.com
Info: State Farm - Car Insurance Quotes - Save on Auto Insurance
State Farm offers more discounts to more drivers than any other insurance company. Get a free quote today and see how you can save on auto, home, life and more. State Farm, auto insurance, car insurance, home insurance, homeowners insurance, renters insurance, life insurance, health insurance, annuities, mutual funds, banking, car loans, credit cards, Visa gift cards

Linda Dugener-Farmers Insurance

Address: 6780 Rochester Rd, #C Troy, MI 48085
Phone:
Website: http://www.farmersagent.com/ldugener/
Info:

Housing Demographics for 48085

Population Review for 48085 Zip Code

For the city of Troy, the population within 48085 has increased to over 27,503 residents in population size. The current population total is 26,507. We have broken down the population based on race below. In 48085, there are over 13205 in male population and 13302 females.

PopulationValues
Total Population26,507
White Population17729
Black Population992
Hispanic Population808
Asian Population6025
Hawaiian Population7
Indian Population52
Other Population351
Male Population13205
Female Population13302
Population Estimate27503

Household Data for 48085

The average number of homes in 48085 is around 9,107, there are an average of 2.90 per household. The average house value according to local real estate values is around $323,700. Please review the following demographics below for average income and media age.

Housing / Income DataValues
Households Per Zipcode9,107
Persons Per Household2.90
Average House Value$323,700
Income Per Household$123388
Median Age42.5
Median Age Male41.2
Median Age Female43.8
48085 DetailsValues
StateMI
State Full NameMichigan
City TypeP
City Alias Abbreviation
Area Code248/947
CityTroy
City Alias NameTROY
CountyOakland
County FIPS125
State FIPS26
Time Zone5
Day Light SavingY
MSA2162
PMSA2160
CSA220
CBSA19820
CBSA_DIV47664
CBSA_TypeMetro
CBSA_NameDetroit-Warren-Dearborn, MI
MSA_NameDetroit-Ann Arbor-Flint, MI CMSA
PMSA_NameDetroit, MI PMSA
RegionMidwest
DivisionEast North Central
MailingNameY
Economic & Growth ReviewValues
Number Of Businesses530
Number Of Employees4738
Business First Quarter Payroll45136
Business Annual Payroll214850
Business Employment Flag
Growth Rank0
Growth Housing Units 2003
Growth Housing Units 2004
Growth Increase Number0
Growth Increase Percentage0.0
Metropolitan DetailsValues
CBSA Population4296250
CBSA Division Population2475666
Congressional District10|11
Congressional LandArea4140.44|419.26
Delivery Residential9484
Delivery Business399
Delivery Total10389
Preferred Last Line KeyY12991
Classification Code
Multi-County
CSA NameDetroit-Warren-Ann Arbor, MI
CBSA_DIV_NameWarren-Troy-Farmington Hills, MI
City State KeyY12991
Land Area9.302000
Water Area0.166000
City Alias Code
City Mixed CaseTroy
City Alias Mixed CaseTroy
Box Count0
SFDU8526
MFDU43
State ANSI26
County ANSI125
ZIP Intro
Alias Intro
Facility CodeP
City Delivery IndicatorY
Carrier Route Rate SortationD
Finance Number259380
Unique ZIP Name
SSA State County Code23620
Medicare CBSA Code47664
Medicare CBSA NameWarren-Troy-Farmington Hills, MI
Medicare CBSA TypeMetro
Market Rating Area ID2
County Mixed CaseOakland

Michigan Homeowners Insurance News & Information

  • 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 […]

  • What’s the average home insurance rate for a $300K home in 2024? Posted on Monday 9th December, 2024

    A recent report from Insurance.com found that the average homeowners insurance rate for a $300,000 in homeowners coverage hit $2,777 per year which breaks down to $231 monthly.  The cost of homeowners insurance in some states can be extremely expensive, for years Florida has been know to have the highest premiums in the nation. When […]

  • $4.5B Estimated In Insured Losses After 2024 Florida Hurricanes Posted on Wednesday 13th November, 2024

    According to the Florida Office of Insurance Regulation, the three hurricanes that made landfall this year have caused more than $4.5 billion in estimated insured losses. Hurricane Debby, Helene and Milton all hit the state within two months of each other Helene and Milton struck just two weeks apart. State data show that over 269,000 […]