Home Insurance in Durand, Michigan
The median home value in Durand is $140,300, 18% lower than the Shiawassee County median.
The typical home in Durand was built around 1951. About 64% of homes were built before 1960, about 23 points above Shiawassee County's 40%. Aging wiring, roofing and plumbing in older homes can push up the cost to insure or rebuild them.
In Durand, the housing stock is 77% single-family homes and 14% apartments in buildings with 5+ units.
About 59% of owner-occupied homes in Durand have a mortgage. Lenders require hazard (homeowners) insurance on any home carrying a mortgage.
The vacancy rate is 2%; vacant or unoccupied homes typically need a different coverage form than an owner-occupied policy. About 72% of occupied homes in Durand are owner-occupied.
In Durand, 79% of homes are primarily heated with natural gas.
Shiawassee County had 223 active NFIP flood policies as of September 2026. Its top FEMA-rated hazard is strong wind (Relatively High). See the full Shiawassee 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 | $140,300 |
|---|---|
| Median year built | 1951 |
| Owner-occupied share | 72% |
| Share of owner-occupied homes with a mortgage | 59% |
| Top county hazard | Strong Wind (Relatively High) |
| Active NFIP policies in Shiawassee County | 223 |
| 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)