Michigan renters insurance

Michigan renters insurance coverages

Check out the four standard coverages on nearly all Michigan renters insurance policies:

• Personal property protects your personal belongings, including furniture, clothing, and electronics whether they're inside your apartment or elsewhere
• Loss of use helps cover costs associated with an increase in living expenses, up to your policy's limit, if you're unable to stay in your home while it's being repaired or rebuilt due to a covered loss
• Personal liability protects you financially if you're legally responsible for another person's injuries or damage to their property
• Medical payments to others pays for medical expenses due to a covered occurrence

Additional coverages

The best renters insurance in Michigan is always a policy with customized coverage. Here are some extra options for when you need more protection:

• Add a rider: Certain valuable items, like jewelry, may have specific limits on your renters policy. If your item exceeds the limit, you may be able to purchase an endorsement called a rider for your policy to cover the item for its value.
• Personal injury coverage: May pay for legal fees and damages if you're liable for slander or defamation
• Water back-up coverage: Water that backs up through sewers or drains or discharges from a sump pump may not be covered by a standard renters policy. Water back-up coverage may pay for the damage to your belongings and water removal costs.

Learn more about all of our renters insurance coverages.

Is renters insurance required in Michigan?

Renters insurance isn’t required by law in Michigan, but your landlord or rental company may require you to have a policy before you can move in. Even if renters insurance isn't required, it can provide protection whether you rent a house, condo, or apartment unit.

Is renters insurance worth it in Michigan?

Renters insurance is an affordable way to cover your belongings if something goes wrong. Remember that if your rental home or unit is damaged by weather, fire, or vandalism, your landlord or rental company's insurance won't pay to replace your personal property. Here are a few scenarios in which a renters policy may help:

• A water leak damages your building, and you must move out while repairs are being made. Loss of use coverage may cover the cost of temporary housing along with food and grocery expenses above what you typically spend.
• A fire breaks out in a neighboring unit, causing smoke damage to your furniture. Personal property coverage may pay to repair or replace the damaged items, up to your coverage limit.
• A friend trips and falls in your kitchen, breaking their ankle. Your medical payments coverage may cover their hospital bills, up to your coverage limit.

How much is renters insurance in Michigan?

Progressive renters policies in Michigan had an average monthly price of $18.71, or $224.57 for an annual policy, in 2023.^** Remember that your cost for renters insurance is determined by several factors, including your location, type of residence, and claims history.

Coverage limits can also impact your premium. Taking a home inventory can help you set accurate limits to ensure you have the right amount of coverage. Use our personal property calculator for help taking inventory on your belongings.

How can I save on renters insurance in Michigan?

Progressive offers several renters insurance discounts to help lower the cost of your policy. You may be able to save on your premium by bundling multiple policies, quoting in advance, paying in full, and living in a secured or gated community.

There may also be discounts that are only available in your state or county. Call 1-866-749-7436, or talk with a local agent to help ensure you're getting all applicable discounts.