Home Insurance in Grosse Pointe, Michigan

Homes in Grosse Pointe carry a median value of $436,800 - 145% higher than the Wayne County median.

The median home in Grosse Pointe was built in 1939 or earlier. Because older housing stock often has aging wiring, roofing or plumbing, it can cost more to insure or rebuild. About 83% of homes were built before 1960, about 24 points above Wayne County's 59%.

Housing in Grosse Pointe breaks down to 83% single-family homes and 3% apartments in buildings with 5+ units. The rest are 2-4 unit or other housing types.

In Grosse Pointe, about 57% of owner-occupied homes have a mortgage - lenders require hazard insurance on every mortgaged home.

Grosse Pointe has an owner-occupancy rate of 86% and a vacancy rate of 10%; unoccupied homes typically need a different coverage form.

92% of homes in Grosse Pointe are primarily heated with natural gas.

Wayne County's top FEMA-rated hazard is strong wind (Very High), per FEMA's National Risk Index. Wayne County had 3,683 active NFIP flood policies as of September 2026. See the full Wayne 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$436,800
Median year built1939 or earlier
Owner-occupied share86%
Share of owner-occupied homes with a mortgage57%
Top county hazardStrong Wind (Very High)
Active NFIP policies in Wayne County3,683
Home insurance premium$1,110 - statewide average (NAIC, 2023 data)
Key home insurance figures for Grosse Pointe, MI

Nearby towns

Sources

Data last updated: 2026-09-29