Home Insurance in Novi, Michigan

The 12th best place to live in Michigan, Novi has a lot going for it. Homeowners here enjoy a great mix of suburban and urban amenities, including plenty of green spaces, local attractions, and recreational activities. Our favorites are The Detroit Zoo, the Suburban Collection Showplace, and the Novi Public Library System.

Like other cities in Michigan, however, Novi carries its own share of risks. These include the risk of Michigan’s natural disasters, such as hail and windstorms, flooding, tornadoes, and extreme heat or cold. A surefire way to your home from these risks is to invest in a comprehensive homeowners insurance policy.

A comprehensive home insurance policy typically includes several components that cover a range of risks. At Oakland Insurance, we offer the following coverage options:

• Property Damage – This covers damage to your home and any other structures on your property as a result of a covered peril, such as fire or theft.
• Liability Protection – If you are found liable for an accident on your property, this will provide financial protection against medical bills and legal fees.
• Personal Property Coverage – This provides coverage for personal belongings that are damaged or stolen due to a covered peril.
• Additional Living Expenses – If you need to live elsewhere while repairs are being done on your home, this covers the cost of additional living expenses such as hotel stays, meals, and transportation.
• Replacement Cost Coverage – This pays for the cost of replacing your home with one of like kind and quality in the event it is destroyed in a covered peril.

In addition to the coverage options listed above, Oakland Insurance can provide additional coverage tailored to your needs. These include supplemental coverages such as personal injury protection (PIP) and umbrella liability.

At Oakland Insurance, we understand that every homeowner in Novi has different needs. That’s why we offer a wide range of homeowners insurance policies to meet your individual needs and budget.

• Basic Form – This is the most basic type of policy available and is often used by those with basic coverage requirements. It provides property damage coverage for losses caused by certain named perils, such as fire, lightning, windstorms, hail, and theft.
• Broad Form – This covers more risks than the Basic form does but does not provide coverage for any water-related claims or personal liability.
• Special Form – This is the most comprehensive type of homeowners insurance available in Michigan. It provides coverage for all risks except those specifically excluded in the policy, including water damage and personal liability.

Novi homeowners can choose from several types of coverage limits for each type of home insurance policy. Whether you need basic, broad, or special form coverage, our experienced agents are here to help you find the right policy that meets your needs and budget.

The average cost of home insurance in Novi is $1,146 per year, which is 6% less than Michigan's average. Your actual cost will depend on several factors, including the value of your home, the amount of coverage you need, and any additional endorsements or riders that you choose to add.

That said, you can take some measures to save money on your Novi homeowner's insurance:

1. Bundle Your Home and Auto Insurance – By bundling your home and auto insurance with the same insurer, you can often save up to 20% on your annual premiums.
2. Increase Your Deductible – The higher your deductible, the lower your premium.
3. Install Home Security Systems
4. Use Impact-Resistant Roofing Materials
5. Install Smoke and Carbon Monoxide Detectors
6. Add Wind Mitigation Measures
7. Obtain Discounts for Having Good Credit, Being a Non-Smoker, and More

The best way to get the right coverage at the most affordable rate is to compare quotes from multiple insurance companies.