Home Insurance in Fraser, Michigan
With a median home value of $215,900, Fraser is 11% lower than the Macomb County median.
The typical home in Fraser was built around 1972. About 25% of homes were built before 1960, in line with Macomb County (25%). Aging wiring, roofing and plumbing in older homes can push up the cost to insure or rebuild them.
Housing in Fraser breaks down to 78% single-family homes, 18% apartments in buildings with 5+ units and 1% mobile or manufactured homes.
About 64% of owner-occupied homes in Fraser have a mortgage. Lenders require hazard (homeowners) insurance on any home carrying a mortgage.
The vacancy rate is 4%; vacant or unoccupied homes typically need a different coverage form than an owner-occupied policy. About 73% of occupied homes in Fraser are owner-occupied.
Most homes in Fraser - 91% - are primarily heated with natural gas.
Macomb County's top FEMA-rated hazard is tornado (Very High), per FEMA's National Risk Index. Macomb County had 1,513 active NFIP flood policies as of September 2026. See the full Macomb County home insurance overview for all FEMA hazard ratings and flood coverage details.
The statewide average premium for a standard HO-3 homeowners policy in Michigan is $1,110 per year, according to the NAIC homeowners insurance report (2023 data).
Key figures
| Median home value | $215,900 |
|---|---|
| Median year built | 1972 |
| Owner-occupied share | 73% |
| Share of owner-occupied homes with a mortgage | 64% |
| Top county hazard | Tornado (Very High) |
| Active NFIP policies in Macomb County | 1,513 |
| Home insurance premium | $1,110 - statewide average (NAIC, 2023 data) |
Nearby towns
- Roseville
- St. Clair Shores
- Eastpointe
- Warren
- Sterling Heights
- Mount Clemens
- Center Line
- Harper Woods
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)