Comments on: Why Is Home Insurance So Expensive In Warren, Mi?

By: gabrielb

gabrielb — Mon, 02 Nov 2009 18:14:24 +0000

who said just in warren MI?

By: 529s.com

529s.com — Mon, 02 Nov 2009 18:14:24 +0000

There are many factors that could make this true.
Is the roof peaked or flat?
What is the age of the house?
The square footage?
What building materials are used?
These factors can affect premium just as
much, if not more than the location of the house.

By: van_at_l

van_at_l — Mon, 02 Nov 2009 18:14:24 +0000

More info would be helpful…like how much are you looking to insure the home for, age of the dwelling, construction, updates to the systems, etc. Also, if you’ve been shopping different places for a mortgage your credit score may be temporarily out of whack.
Remember insurance companies don’t base their premiums soley on the amount of the dwelling coverage. Many other factors can come into play like credit history, loss history and in some cases, education level.

By: tearsoft

tearsoft — Mon, 02 Nov 2009 18:14:24 +0000

Its very expensive here in Houston also.

By: ebuythis

ebuythis — Mon, 02 Nov 2009 18:14:24 +0000

some are cheaper

By: mbrcatz

mbrcatz — Mon, 02 Nov 2009 18:14:24 +0000

You OBVIOUSLY haven’t shopped for homeowners insurance in Florida recently!!
I have no idea why one town in MI is more expensive than another, but “redlining” areas by claims ( like crimes) is illegal.
Most likely, it’s a fire protection issue – either the fire department is all volunteer, instead of paid, or the fire hydrants aren’t every 2,000 feet throughout the whole area, or something like that.
But you can ask the local agents about the exact reason, the ones that are giving you the quotes – and they should be able to tell you!