Home Insurance in Cheboygan County, Michigan
With a median home value of $192,500, Cheboygan County is 17% lower than the Michigan median.
The typical home in Cheboygan County was built around 1980. About 23% of homes were built before 1960, about 13 points below Michigan's 36%. Because older housing stock often has aging wiring, roofing or plumbing, it can cost more to insure or rebuild.
The housing stock in Cheboygan County is 87% single-family homes, 3% apartments in buildings with 5+ units and 8% mobile or manufactured homes. Mobile and manufactured homes typically need a manufactured-home (HO-7) policy rather than a standard homeowners policy.
In Cheboygan County, about 50% of owner-occupied homes have a mortgage - lenders require hazard insurance on every mortgaged home.
Cheboygan County has an owner-occupancy rate of 86% and a vacancy rate of 37%; unoccupied homes typically need a different coverage form.
Homes heated with propane and wood can carry added fire risk. Fuel-tank leaks and spills are often excluded from standard homeowners policies. 66% of homes in Cheboygan County are primarily heated with natural gas.
Per FEMA's National Risk Index, Cheboygan County's top hazards are inland flooding (Relatively Moderate), coastal flooding (Very Low) and hail (Relatively Low).
Standard homeowners insurance does not cover flood damage, so flood coverage needs a separate NFIP or private flood policy. As of September 2026, Cheboygan County has 74 active NFIP flood policies on file.
According to the NAIC homeowners insurance report (2023 data), a standard HO-3 homeowners policy in Michigan carries a statewide average premium of $1,110 per year.
Key figures
| Median home value | $192,500 |
|---|---|
| Median year built | 1980 |
| Owner-occupied share | 86% |
| Share of owner-occupied homes with a mortgage | 50% |
| Top hazards (FEMA National Risk Index) | Inland Flooding (Relatively Moderate), Coastal Flooding (Very Low), Hail (Relatively Low) |
| Active NFIP flood policies (county) | 74 |
| Home insurance premium | $1,110 - statewide average (NAIC, 2023 data) |
Towns and cities
Sources
- U.S. Census Bureau Gazetteer Files (2024)
- U.S. Census Bureau, American Community Survey 2020-2024 5-Year Estimates (2024)
- FEMA National Risk Index (December 2025)
- FEMA OpenFEMA NFIP Redacted Policies v3 (2026)
- NAIC Dwelling Fire, Homeowners Owner-Occupied, and Homeowners Tenant and Condominium/Cooperative Unit Owners Insurance: Data for 2023 (published 2026) (2023)