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Home Insurance in 48122

Our rates are very competitive for homeowners living in the 48122 zip code. Many homeowners based out of Melvindale, MI have found it very easy to shop with GetHomeInsuranceQuotes.com. For example, we clearly showcase the carriers that we will shop for you. Plus, our home insurance quotes are free and our MI licensed agents can provide a free consultation service to you that allows you to ask questions about the rates and coverage options. To start a free home insurance quote, simply click the "Get Multiple Quotes Now" button. Your 48122 should appear in the zip code field ready to go.

48122 Average Home Insurance Rates

Are you looking for a standard HO-3 homeowners policy for your single family home in the Melvindale area? The average homeowners premium in 48122 is medium in comparison to other states. For example, the national average is $1,249 per year for home insurance coverage for a basic home insurance policy. For homeowners living in the 48122, you can expect to pay around $750 per year for homeowners coverage. If you want to see which company has the best rates and coverage options, than easily compare rates with us. You can review each premium and we can help explain any question that you may have about different types of coverages and what is best for you and your family.

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Get Home Insurance Quotes in 48122

We can shop up to 12 home insurance quotes for you easily online. You can find out more by exploring one of the three links below to review average homeowners insurance rates in the great state of Michigan. Start your 48122 home insurance shopping today!

  1. Melvindale, MI Home Insurance Quotes

48122 Home Insurance Average Premiums

Local 48122 homeowners insurance quotes comparison

$500 /yr.

Shows Zip Code: 48122 lowest rates with discounts applied on average.

For the 48122, 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)
$500 /yr.
Average Coverage:$750 /yr.
2600 sq. ft. or higher
(all discounts applied)
$1050 /yr.

What is the average home insurance cost for a home in 48122?

  • • The average homeowners insurance premium paid annually for a home in 48122 is around $750 per year.

What does it cost on average per month for home insurance in 48122?

  • • Homeowners in 48122 pay a monthly average cost per month around $63.00.

What kind of discount could I get if I combine my home and auto insurance together in 48122?

  • • Autoowners in 48122 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 Melvindale area, check out other zip codes nearby 48122.
Review average rates in another zip code:
48122 homeowners insurance rates

Home Replacement Cost Coverage in 48122

Average Building Cost Per Square Foot in 48122: $132

Location: Melvindale, Michigan (Wayne County)

Average Square Footage in 48122: 625 Sq. Ft.

When building or updating a home, it's always good to review the average cost per square foot to build in 48122 before you start any project. Melvindale 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 48122 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 48122 and want to estimated the dwelling coverage, than we will need the square footage of the home which is 625 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 Melvindale 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$132625$82,500
Additional Upgrades & Added Features$165625$103,125
Major Home Updates or Advancements$198625$123,750

It's important to understand that when you estimate your replacement cost of your home in the 48122 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 48122

Best Home & Auto Insurance Agencies in 48122

Housing Demographics for 48122

Population Review for 48122 Zip Code

For the city of Melvindale, the population within 48122 has increased to over 12,744 residents in population size. The current population total is 12,825. We have broken down the population based on race below. In 48122, there are over 6445 in male population and 6380 females.

PopulationValues
Total Population12,825
White Population8472
Black Population1366
Hispanic Population2481
Asian Population160
Hawaiian Population0
Indian Population115
Other Population1291
Male Population6445
Female Population6380
Population Estimate12744

Household Data for 48122

The average number of homes in 48122 is around 4,622, there are an average of 2.77 per household. The average house value according to local real estate values is around $82,500. Please review the following demographics below for average income and media age.

Housing / Income DataValues
Households Per Zipcode4,622
Persons Per Household2.77
Average House Value$82,500
Income Per Household$36700
Median Age32.0
Median Age Male31.5
Median Age Female32.5
48122 DetailsValues
StateMI
State Full NameMichigan
City TypeB
City Alias Abbreviation
Area Code313
CityMelvindale
City Alias NameMELVINDALE
CountyWayne
County FIPS163
State FIPS26
Time Zone5
Day Light SavingY
MSA2162
PMSA2160
CSA220
CBSA19820
CBSA_DIV19804
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 Businesses226
Number Of Employees2271
Business First Quarter Payroll38039
Business Annual Payroll157699
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 Population1820584
Congressional District13
Congressional LandArea184.85
Delivery Residential4601
Delivery Business227
Delivery Total4997
Preferred Last Line KeyY12352
Classification Code
Multi-County
CSA NameDetroit-Warren-Ann Arbor, MI
CBSA_DIV_NameDetroit-Dearborn-Livonia, MI
City State KeyY12352
Land Area2.720000
Water Area0.024000
City Alias Code
City Mixed CaseMelvindale
City Alias Mixed CaseMelvindale
Box Count131
SFDU3692
MFDU726
State ANSI26
County ANSI163
ZIP Intro
Alias Intro
Facility CodeB
City Delivery IndicatorY
Carrier Route Rate SortationD
Finance Number252400
Unique ZIP Name
SSA State County Code23810
Medicare CBSA Code19804
Medicare CBSA NameDetroit-Dearborn-Livonia, MI
Medicare CBSA TypeMetro
Market Rating Area ID1
County Mixed CaseWayne

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 […]