Michigan Homeowners Insurance Rates Rise Sharply The Detroit News reports that Michigan homeowners have seen their annual insurance premiums rise 85% since 2000 ($430 to $797 annually) according to the Insurance Institute of Michigan in Lansing. Michigan residents are paying at least $100 more than the national average due to increased flood claims and rising rebuilding costs. Read Homeowners insurance costs jump in the Detroit News Related Areas Articles Business > Finance Five Things You Need to Know about Michigan Homes & Real Estate Homes & Real Estate > Real Estate & Development Homes & Real Estate > Rentals More Links Latest Michigan news & stories from Absolute Michigan!   Main Michigan News Page Posted/updated Jun 3, 2005 by Andrew McFarlane (Absolute Michigan) Go Back One Page

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