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48138 Home Insurance Quotes, Rates & Coverage

Are you looking for the right homeowners insurance policy at an affordable price for your home in 48138? There are over 4,327 occupied homes in the 48138 area. With a population size of 10,788, it's not uncommon for residence of Grosse Ile, MI to want to find cheaper home insurance rates online. The average premium for a standard HO-3 home insurance policy for homeowners living in Michigan is around $695 per year. At GetHomeInsuranceQuotes.com, we help you easily compare up to 12 home insurance rates from the top rated insurance companies. We also help you save money by applying all the home insurance credits and discounts available helping you save up to 40% or more on your next homeowners policy. Enter your 48138 zip code today to compare multiple rates and coverage options for your existing policy or a new home purchase.

For additional information about average home insurance rates, premiums or home insurance types, please review your city information: Grosse Ile, MI Home Insurance Rate Quotes

48138 Home Insurance Average Premiums

Local 48138 homeowners insurance quotes comparison

$445 /yr.

Shows Zip Code: 48138 lowest rates with discounts applied on average.

For the 48138, 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)
$445 /yr.
Average Coverage:$695 /yr.
2600 sq. ft. or higher
(all discounts applied)
$995 /yr.

What is the average home insurance cost for a home in 48138?

  • • The average homeowners insurance premium paid annually for a home in 48138 is around $695 per year.

What does it cost on average per month for home insurance in 48138?

  • • Homeowners in 48138 pay a monthly average cost per month around $58.00.

What kind of discount could I get if I combine my home and auto insurance together in 48138?

  • • Autoowners in 48138 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 Grosse Ile area, check out other zip codes nearby 48138.
Review average rates in another zip code:
48138 homeowners insurance rates

Home Replacement Cost Coverage in 48138

Average Building Cost Per Square Foot in 48138: $132

Location: Grosse Ile, Michigan (Wayne County)

Average Square Footage in 48138: 2,316 Sq. Ft.

When building or updating a home, it's always good to review the average cost per square foot to build in 48138 before you start any project. Grosse Ile 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 48138 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 48138 and want to estimated the dwelling coverage, than we will need the square footage of the home which is 2,316 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 Grosse Ile 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$1322,316$305,700
Additional Upgrades & Added Features$1652,316$382,125
Major Home Updates or Advancements$1982,316$458,550

It's important to understand that when you estimate your replacement cost of your home in the 48138 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 48138

Best Home & Auto Insurance Agencies in 48138

Cole- Rita M - State Farm Insurance Agent

Address: 8146 Macomb St Grosse Ile, MI 48138
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 48138

Population Review for 48138 Zip Code

For the city of Grosse Ile, the population within 48138 has increased to over 11,013 residents in population size. The current population total is 10,788. We have broken down the population based on race below. In 48138, there are over 5281 in male population and 5507 females.

PopulationValues
Total Population10,788
White Population9800
Black Population66
Hispanic Population438
Asian Population228
Hawaiian Population0
Indian Population19
Other Population91
Male Population5281
Female Population5507
Population Estimate11013

Household Data for 48138

The average number of homes in 48138 is around 4,327, there are an average of 2.49 per household. The average house value according to local real estate values is around $305,700. Please review the following demographics below for average income and media age.

Housing / Income DataValues
Households Per Zipcode4,327
Persons Per Household2.49
Average House Value$305,700
Income Per Household$113644
Median Age50.1
Median Age Male49.6
Median Age Female50.7
48138 DetailsValues
StateMI
State Full NameMichigan
City TypeP
City Alias Abbreviation
Area Code734
CityGrosse Ile
City Alias NameGROSSE ILE
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 Businesses143
Number Of Employees857
Business First Quarter Payroll5747
Business Annual Payroll31415
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 District06
Congressional LandArea3546.74
Delivery Residential4423
Delivery Business102
Delivery Total4852
Preferred Last Line KeyY12010
Classification Code
Multi-County
CSA NameDetroit-Warren-Ann Arbor, MI
CBSA_DIV_NameDetroit-Dearborn-Livonia, MI
City State KeyY12010
Land Area8.622000
Water Area3.286000
City Alias Code
City Mixed CaseGrosse Ile
City Alias Mixed CaseGrosse Ile
Box Count96
SFDU3815
MFDU381
State ANSI26
County ANSI163
ZIP Intro
Alias Intro
Facility CodeP
City Delivery IndicatorY
Carrier Route Rate SortationD
Finance Number254030
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 […]