The Michigan Basic Property Insurance Association is an invaluable resource to people in the state who don't qualify for traditional property insurance.
It can be secured through any homeowner insurance agent in Michigan and the homeowner must meet certain requirements.
If you don't qualify for the plan, you'll need to do some research to find the best low cost homeowner's insurance policy suited for you.
To do this you need to compile a list of companies that you would like to do business with.
It's important to be certain that the company that you eventually purchase your home insurance policy from is licensed to do business in Michigan.
You can do this by contacting the state insurance department.
Before you make a final decision though you need to ensure you've found the best deal for your dollar.
Obtaining price quotes from your selected potential insurance companies is mandatory.
You need to contact them and give them some basic information regarding your home so they can prepare a quote for you.
This information typically includes the location of the home, the age of the home, any recent upgrades that have been made as well as how many other buildings are on the property.
You'll also be required to answer some personal questions.
This includes your age, what type of job you do, and whether or not you've had homeowner's insurance in the past.
If you are planning on running a business from your residence you'll need to reveal this to the agent as well.
Be honest about any claims you've made against your homeowner's insurance policies in the past.
Once you have all your quotes prepared, then you can make a decision about which policy will work for you.
In addition to the cost consider the reputation of the companies you've contacted.
You want to ensure you are getting both a good price and the support of a company with a proven track record.