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Check Out 48706 Home Insurance Rates

Shopping for homeowners insurance is never fun but at GetHomeInsuranceQuotes.com we make the process much easier. We will provide you with multiple quotes and coverage options for your home in Bay City, MI.

We will gather some basic information about your home in Bay City, MI and will then get to work and gather quotes from up to 12 nationwide home insurers who will provide their most competitive prices for your policy needs.

Our service is always free and we have a team of Michigan licensed home insurance professionals who can walk you through your policy options as well as answer any questions you may have about rates or coverage levels. In addition they will do a discount review to make sure you are getting all of the discounts that you are entitled to receive.

If you are ready to start researching homeowner insurance rates in 48706 simply click the "Get Multiple Quotes Now" button.

Research Home Insurance Quotes in 48706

We have pulled together a variety of data related to homeowners insurance in Michigan. Simply click on one of the links below to learn about the average cost of homeowners insurance in Michigan as well as local coverage options.

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

48706 Homeowners Insurance Rates, Average Rating: medium!

Homeowners insurance policies in 48706 include both property and casualty coverage which protects your home from a variety of risks which include but are not limited to fire, theft, vandalism, and wind damage. A standard homeowner policy also includes liability protection, which can come in handy if someone is injured on your property.

Unfortunately, flood and earthquake damage is not covered by a standard homeowners insurance policy so if you are located in a flood plain or high risk area, you will need a separate flood policy.

Regardless of what type of homeowners insurance you need, we can help you find a great policy at an affordable price. Data shows that for a standard homeowner policy in Michigan is roughly $753. In most cases, we can help you save up to 40 percent on your homeowner insurance costs.

Get started right now saving on your 48706 homeowners insurance policy!

48706 Home Insurance Average Premiums

Local 48706 homeowners insurance quotes comparison

$503 /yr.

Shows Zip Code: 48706 lowest rates with discounts applied on average.

For the 48706, 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)
$503 /yr.
Average Coverage:$753 /yr.
2600 sq. ft. or higher
(all discounts applied)
$1053 /yr.

What is the average home insurance cost for a home in 48706?

  • • The average homeowners insurance premium paid annually for a home in 48706 is around $753 per year.

What does it cost on average per month for home insurance in 48706?

  • • Homeowners in 48706 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 48706?

  • • Autoowners in 48706 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 Bay City area, check out other zip codes nearby 48706.
Review average rates in another zip code:
48706 homeowners insurance rates
48708 homeowners insurance rates

Home Replacement Cost Coverage in 48706

Average Building Cost Per Square Foot in 48706: $132

Location: Bay City, Michigan (Bay County)

Average Square Footage in 48706: 837 Sq. Ft.

When building or updating a home, it's always good to review the average cost per square foot to build in 48706 before you start any project. Bay City 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 48706 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 48706 and want to estimated the dwelling coverage, than we will need the square footage of the home which is 837 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 Bay City 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$132837$110,500
Additional Upgrades & Added Features$165837$138,125
Major Home Updates or Advancements$198837$165,750

It's important to understand that when you estimate your replacement cost of your home in the 48706 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 48706

Don Webster Agency

Address: 503 North Euclid Avenue Suite 12 Bay City, MI 48706
Phone: (989)684-3338
Website:

Farm Bureau Insurance-Bay City

Address: 3741 Wilder Road Suite D Bay City, MI 48706
Phone: (989)686-3212
Website: www.farmbureauinsurance-mi.com

Best Home & Auto Insurance Agencies in 48706

Farmers Insurance Hollie Vermeesch

Address: 1616 Tech Dr Bay City, MI 48706
Phone:
Website:
Info:

Campbell- Thomas C - State Farm Insurance Agent

Address: 900 S Euclid Ave Bay City, MI 48706
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

Farm Bureau Insurance

Address: 3741 Wilder Rd Bay City, MI 48706
Phone:
Website: http://www.willardinsuranceagency.com/
Info:

Duncan- Duffield S

Address: 3583 Wilder Rd Bay City, MI 48706
Phone:
Website:
Info:

Shankool- Moghlis P - State Farm Insurance Agent

Address: 212 N Euclid Ave Bay City, MI 48706
Phone:
Website:
Info:

Housing Demographics for 48706

Population Review for 48706 Zip Code

For the city of Bay City, the population within 48706 has increased to over 40,327 residents in population size. The current population total is 39,381. We have broken down the population based on race below. In 48706, there are over 19050 in male population and 20331 females.

PopulationValues
Total Population39,381
White Population35810
Black Population511
Hispanic Population2137
Asian Population265
Hawaiian Population2
Indian Population160
Other Population426
Male Population19050
Female Population20331
Population Estimate40327

Household Data for 48706

The average number of homes in 48706 is around 17,267, there are an average of 2.26 per household. The average house value according to local real estate values is around $110,500. Please review the following demographics below for average income and media age.

Housing / Income DataValues
Households Per Zipcode17,267
Persons Per Household2.26
Average House Value$110,500
Income Per Household$53002
Median Age45.5
Median Age Male43.0
Median Age Female47.9
48706 DetailsValues
StateMI
State Full NameMichigan
City TypeP
City Alias Abbreviation
Area Code989
CityBay City
City Alias NameBAY CITY
CountyBay
County FIPS017
State FIPS26
Time Zone5
Day Light SavingY
MSA6960
PMSA
CSA474
CBSA13020
CBSA_DIV
CBSA_TypeMetro
CBSA_NameBay City, MI
MSA_NameSaginaw-Bay City-Midland, MI MSA
PMSA_Name
RegionMidwest
DivisionEast North Central
MailingNameY
Economic & Growth ReviewValues
Number Of Businesses887
Number Of Employees12554
Business First Quarter Payroll120798
Business Annual Payroll558207
Business Employment Flag
Growth Rank0
Growth Housing Units 2003
Growth Housing Units 2004
Growth Increase Number0
Growth Increase Percentage0.0
Metropolitan DetailsValues
CBSA Population107771
CBSA Division Population0
Congressional District08
Congressional LandArea1503.18
Delivery Residential17844
Delivery Business1083
Delivery Total19034
Preferred Last Line KeyY11408
Classification Code
Multi-County
CSA NameSaginaw-Midland-Bay City, MI
CBSA_DIV_Name
City State KeyY11408
Land Area66.304000
Water Area5.802000
City Alias Code
City Mixed CaseBay City
City Alias Mixed CaseBay City
Box Count97
SFDU15098
MFDU1138
State ANSI26
County ANSI017
ZIP Intro
Alias Intro
Facility CodeP
City Delivery IndicatorY
Carrier Route Rate SortationD
Finance Number250690
Unique ZIP Name
SSA State County Code23080
Medicare CBSA Code13020
Medicare CBSA NameBay City, MI
Medicare CBSA TypeMetro
Market Rating Area ID8
County Mixed CaseBay

Michigan Homeowners Insurance News & Information

  • 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 […]