Home Insurance in Suttons Bay, Michigan
With a median home value of $523,200, Suttons Bay is 14% higher than the Leelanau County median.
The typical home in Suttons Bay was built around 1984. Because older housing stock often has aging wiring, roofing or plumbing, it can cost more to insure or rebuild. About 20% of homes were built before 1960, about 4 points above Leelanau County's 16%.
Housing in Suttons Bay breaks down to 76% single-family homes and 8% apartments in buildings with 5+ units. The rest are 2-4 unit or other housing types.
About 34% of owner-occupied homes in Suttons Bay have a mortgage. Lenders require hazard (homeowners) insurance on any home carrying a mortgage.
Suttons Bay has an owner-occupancy rate of 79% and a vacancy rate of 46%; unoccupied homes typically need a different coverage form.
85% of homes in Suttons Bay are primarily heated with natural gas.
FEMA rates Leelanau County's overall risk as Relatively Low, led by winter weather (Relatively High). Leelanau County had 125 active NFIP flood policies as of September 2026. See the full Leelanau County home insurance overview for all FEMA hazard ratings and flood coverage details.
In Michigan, the statewide average premium for a standard HO-3 homeowners policy is $1,110 per year (NAIC, 2023 data).
Key figures
| Median home value | $523,200 |
|---|---|
| Median year built | 1984 |
| Owner-occupied share | 79% |
| Share of owner-occupied homes with a mortgage | 34% |
| Top county hazard | Winter Weather (Relatively High) |
| Active NFIP policies in Leelanau County | 125 |
| Home insurance premium | $1,110 - statewide average (NAIC, 2023 data) |
Nearby towns
Sources
Data last updated: 2026-09-29
- 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)