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48103 Homeowners Insurance Quotes & Coverage Options

If you are looking to lower the cost of your homeowners insurance policy you have come to the right place. We have helped thousands of shoppers in 48103 zip code find a great new policy that offers the coverage they need at a price they can afford.

GetHomeInsuranceQuotes.com makes shopping for a new policy in Ann Arbor, MI quick and easy. Our rates are super competitive and our agents can advise you on what coverages you need in 48103.

Shopping for insurance quotes on GetHomeInsuranceQuotes.com is always free and we will provide you with a free consultation to answer any questions you may have about coverages and rates.

If you are ready to start shopping for a great policy simply click the "Get Multiple Quotes Now" button, enter 48103 and start shopping.

Quickly and Easily Compare Average Rates for 48103

You can easily compare rates for your home in ZIP starting an online quoting application to "get quotes". Or search additional Ann Arbor, MI home insurance quotes in your local city and review the most competitive coverages and premiums.

Average Policy Rates in 48103

Homeowners in Ann Arbor are paying roughly $667 per year for a homeowners policy. We can help you shave up to 40 percent off of your current homeowners premium. Get started now and shop up to 12 insurance quotes from nationwide insurers right now.

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48103 Home Insurance Average Premiums

Local 48103 homeowners insurance quotes comparison

$417 /yr.

Shows Zip Code: 48103 lowest rates with discounts applied on average.

For the 48103, 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)
$417 /yr.
Average Coverage:$667 /yr.
2600 sq. ft. or higher
(all discounts applied)
$967 /yr.

What is the average home insurance cost for a home in 48103?

  • • The average homeowners insurance premium paid annually for a home in 48103 is around $667 per year.

What does it cost on average per month for home insurance in 48103?

  • • Homeowners in 48103 pay a monthly average cost per month around $56.00.

What kind of discount could I get if I combine my home and auto insurance together in 48103?

  • • Autoowners in 48103 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 Ann Arbor area, check out other zip codes nearby 48103.
Review average rates in another zip code:
48103 homeowners insurance rates
48109 homeowners insurance rates
48104 homeowners insurance rates
48108 homeowners insurance rates
48105 homeowners insurance rates

Home Replacement Cost Coverage in 48103

Average Building Cost Per Square Foot in 48103: $132

Location: Ann Arbor, Michigan (Washtenaw County)

Average Square Footage in 48103: 2,965 Sq. Ft.

When building or updating a home, it's always good to review the average cost per square foot to build in 48103 before you start any project. Ann Arbor 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 48103 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 48103 and want to estimated the dwelling coverage, than we will need the square footage of the home which is 2,965 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 Ann Arbor 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$1322,965$391,400
Additional Upgrades & Added Features$1652,965$489,250
Major Home Updates or Advancements$1982,965$587,100

It's important to understand that when you estimate your replacement cost of your home in the 48103 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 48103

Heidi Ann Kussurelis Agency

Address: 869B W Eisenhower Pkwy Ann Arbor, MI 48103
Phone: (734)213-6736
Website:

Allstate Insurance - John R. Casey

Address: 2092 South Main Street Ann Arbor, MI 48103
Phone: (734)662-3386
Website:

Gordon Group Insurance Agency

Address: 3929 Jackson Road Ann Arbor, MI 48103
Phone: (734)821-1555
Website:

C & M Insurance Services Inc

Address: 7100 Jackson Road Suite 300 Ann Arbor, MI 48103
Phone: (734)994-9440
Website: www.cminsurance.com

Best Home & Auto Insurance Agencies in 48103

Duve- Thomas C

Address: 1935 Pauline Blvd Ann Arbor, MI 48103
Phone:
Website:
Info:

Fahoome- Matthew

Address: 2221 Jackson Ave Ann Arbor, MI 48103
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

State Farm Insurance

Address: 25 Jackson Industrial Dr Ann Arbor, MI 48103
Phone:
Website:
Info:

Farmers Insurance Group

Address: 283 S Zeeb Rd Ann Arbor, MI 48103
Phone:
Website: http://www.farmers.com
Info: Auto Insurance Quotes | Home, Life & Car Insurance | Farmers Insurance
Home, life and auto insurance quotes from Farmers Insurance Group. With discounts on car insurance and fast claim service its no wonder over 4000 customers a day switch to Farmers. Farmers Insurance group, auto insurance quotes, car insurance, auto insurance, automobile insurance, rate quote, business insurance, financial insurance, home insurance, mutual funds, life insurance, motorcycle insurance, farmers agent, renters insurance,

Dufek- William F - State Farm Insurance Agent

Address: 570 S Maple Rd Ann Arbor, MI 48103
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

Housing Demographics for 48103

Population Review for 48103 Zip Code

For the city of Ann Arbor, the population within 48103 has increased to over 59,278 residents in population size. The current population total is 55,605. We have broken down the population based on race below. In 48103, there are over 26948 in male population and 28657 females.

PopulationValues
Total Population55,605
White Population41207
Black Population3027
Hispanic Population3193
Asian Population5131
Hawaiian Population28
Indian Population143
Other Population1027
Male Population26948
Female Population28657
Population Estimate59278

Household Data for 48103

The average number of homes in 48103 is around 24,076, there are an average of 2.29 per household. The average house value according to local real estate values is around $391,400. Please review the following demographics below for average income and media age.

Housing / Income DataValues
Households Per Zipcode24,076
Persons Per Household2.29
Average House Value$391,400
Income Per Household$106715
Median Age39.6
Median Age Male38.3
Median Age Female40.8
48103 DetailsValues
StateMI
State Full NameMichigan
City TypeP
City Alias Abbreviation
Area Code734
CityAnn Arbor
City Alias NameANN ARBOR
CountyWashtenaw
County FIPS161
State FIPS26
Time Zone5
Day Light SavingY
MSA2162
PMSA0440
CSA220
CBSA11460
CBSA_DIV
CBSA_TypeMetro
CBSA_NameAnn Arbor, MI
MSA_NameDetroit-Ann Arbor-Flint, MI CMSA
PMSA_NameAnn Arbor, MI PMSA
RegionMidwest
DivisionEast North Central
MailingNameY
Economic & Growth ReviewValues
Number Of Businesses1427
Number Of Employees22444
Business First Quarter Payroll269867
Business Annual Payroll1196918
Business Employment Flag
Growth Rank0
Growth Housing Units 2003
Growth Housing Units 2004
Growth Increase Number0
Growth Increase Percentage0.0
Metropolitan DetailsValues
CBSA Population344791
CBSA Division Population0
Congressional District06
Congressional LandArea3546.74
Delivery Residential25886
Delivery Business1576
Delivery Total27070
Preferred Last Line KeyY11351
Classification Code
Multi-County
CSA NameDetroit-Warren-Ann Arbor, MI
CBSA_DIV_Name
City State KeyY11351
Land Area66.525000
Water Area0.502000
City Alias Code
City Mixed CaseAnn Arbor
City Alias Mixed CaseAnn Arbor
Box Count0
SFDU16394
MFDU3707
State ANSI26
County ANSI161
ZIP Intro
Alias Intro
Facility CodeP
City Delivery IndicatorY
Carrier Route Rate SortationD
Finance Number250280
Unique ZIP Name
SSA State County Code23800
Medicare CBSA Code11460
Medicare CBSA NameAnn Arbor, MI
Medicare CBSA TypeMetro
Market Rating Area ID4
County Mixed CaseWashtenaw

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 […]