Homeowner Insurance Costs in Oakland County, MI

How much does homeowner insurance cost in Oakland County? Here's what to expect.

Est. Annual Premium

$1,665

Monthly Cost

$139

Median Home Value

$302,800

% of Income

1.8%

Typical Coverage Breakdown

Coverage Amounts

Dwelling (Coverage A)$302,800
Personal Property (C)$151,400
Liability (E)$300,000
Deductible$3,028

Cost Context

Homeownership Rate71.9%
Median Income$92,620
Property Tax Rate1.4%
Population1,272,264

About Insurance in Oakland County

Homeowner insurance in Oakland County, Michigan costs an estimated $1,665 per year for a median-value home of $302,800. This represents approximately 1.8% of the median household income of $92,620.

Actual premiums depend on your home's age, construction type, claims history, credit score, proximity to fire stations, and specific peril exposures. Use our calculator for a personalized total cost of risk analysis with peril-by-peril breakdown.

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Other Counties in Michigan

County-level data from U.S. Census Bureau American Community Survey (ACS) 2022 5-Year Estimates. Additional sources: Insurance Information Institute, state insurance departments. Estimates are county-level approximations. This is not insurance advice.