Flood insurance cost in Michigan
In Michigan, the lowest private flood insurance quote ran $459 a year and the typical private quote ran $761. The NFIP quote ran $1,049.
Private and NFIP quotes compared
Where a property was quoted both ways, the lowest private quote came in a median 56% below the NFIP quote, and private was the cheaper option for 100% of those 47 properties. The typical private quote came in 26% below NFIP.
Median annual premiums from 689 carrier quotes. Lowest is the cheapest private quote a property received, typical is the middle one.
By flood zone and property type
| Group | Lowest private | Typical private | NFIP | Carrier quotes |
|---|---|---|---|---|
| Zone A, AE, AH and AO (high risk) | $459 | $871 | $1,179 | 473 |
| Residential properties | $459 | $761 | $1,049 | 689 |
How quotes have moved since 2020
- Lowest private quote$521 in 2025
- Typical private quote$868 in 2025
- NFIP quote$1,026 in 2025
Dashed lines span years with too few quotes to report a figure.
| Year | Lowest private | Typical private | NFIP | Carrier quotes |
|---|---|---|---|---|
| 2020 | $815 | $881 | $2,325 | 369 |
| 2021 | $804 | $1,088 | $2,434 | 241 |
| 2022 | $850 | $1,291 | n/a | 67 |
| 2024 | $563 | $914 | n/a | 246 |
| 2025 | $521 | $868 | $1,026 | 333 |
See what your property is quoted
The index is a median. Your price depends on your flood zone, elevation and coverage. Compare NFIP and private carriers for your address.
Common questions
- How much does flood insurance cost in Michigan?
- From Oct 2024 to Oct 2026, the typical private flood insurance quote in Michigan was $761 a year and the lowest private quote a property received was $459. NFIP quotes ran $1,049. These are medians of quotes run through Insurox, not premiums paid, and your own price depends on your property.
- Is private flood insurance cheaper than NFIP in Michigan?
- Where a property was quoted both ways, the lowest private quote came in a median 56% below the NFIP quote, and private was the cheaper option for 100% of those 47 properties. The typical private quote came in 26% below NFIP.
- Where do these numbers come from?
- From 689 carrier quotes returned to property owners who asked for flood insurance quotes through Insurox between Oct 2024 to Oct 2026. A place is only published when at least 20 different properties were quoted there.
More about flood insurance in Michigan
- Flood insurance in Michigan: what it covers, who needs it and how to get quotes.
- NFIP (FEMA) flood insurance
- Private flood insurance
- Commercial flood insurance
These figures are statistics about quotes, not an offer of insurance. Read how the index is calculated or go back to the national index.