Home Insurance in Ann Arbor, Michigan
Homes in Ann Arbor carry a median value of $453,400 - 21% higher than the Washtenaw County median.
The typical home in Ann Arbor was built around 1971. Because older housing stock often has aging wiring, roofing or plumbing, it can cost more to insure or rebuild. About 30% of homes were built before 1960, about 5 points above Washtenaw County's 25%.
Housing in Ann Arbor breaks down to 54% single-family homes and 37% apartments in buildings with 5+ units.
About 62% of owner-occupied homes in Ann Arbor have a mortgage. Lenders require hazard (homeowners) insurance on any home carrying a mortgage.
The vacancy rate is 7%; vacant or unoccupied homes typically need a different coverage form than an owner-occupied policy. About 45% of occupied homes in Ann Arbor are owner-occupied.
In Ann Arbor, 71% of homes are primarily heated with natural gas.
Washtenaw County's top FEMA-rated hazard is strong wind (Relatively High), per FEMA's National Risk Index. Washtenaw County had 611 active NFIP flood policies as of September 2026. See the full Washtenaw 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 | $453,400 |
|---|---|
| Median year built | 1971 |
| Owner-occupied share | 45% |
| Share of owner-occupied homes with a mortgage | 62% |
| Top county hazard | Strong Wind (Relatively High) |
| Active NFIP policies in Washtenaw County | 611 |
| 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)