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How much is Flood Insurance in Michigan? is pleased to work with some of the nation's largest private flood insurers to provide you with coverage you can trust. Our instant quote tool assesses rates from numerous carriers to get you the best coverage for the lowest price. 

How much is Flood Insurance in Michigan?

The average cost per policy in Michigan through the NFIP is $765.55. Depending on where you live, this average could vary substantially! When you also add in variables like your deductible, the cost of your home and contents, your premiums can change. 10 of the most populated cities in Michigan are listed below with their average cost per policy through the NFIP. If you're interested in a quote for a private flood insurance policy to compare costs, we offer a 100% online quote process.

Average Costs through the NFIP

Average Cost per Policy
Grand Rapids
Sterling Heights
Ann Arbor

Prices as of 01/31/24.


Our private flood insurance averages are much lower than those shown above! Get a quote online and find out how much we can save you.

Not interested in private flood, or not sure whether you should choose an NFIP policy or a private flood insurance policy? We offer both! Give us a call and we'll answer all of your questions.

Our Prices are Consistently Lower!

Do I need flood insurance in Michigan?

Flood damage can be extremely expensive, which is a big reason so many insurance companies stopped including it in their homeowners insurance. More than 365,000 homes and businesses in the state of Michigan have at least a 26% chance of sustaining significant flood damage in the next 30 years.


Did you know that if your home is in a high risk area, federal law requires you to purchase flood insurance? That is, if you purchase a home with government-backed or government-issued financing, you are required to have it. To find out if you're in a flood zone, enter your address into our Flood Zone Lookup Tool.

Does homeowners insurance in cover flooding?

Homeowner's insurance generally excludes flood coverage. Obtaining a flood insurance policy is typically left up to the homeowner. If you're looking to get a policy, we offer a 100% online process. You can get a quote started here!


How to get cheap flood insurance in Michigan?

With private flood insurance, you have options for broader coverage, usually at a lower price than if you were to purchase a policy through the NFIP. Get a quote and find out just how much we can save you when compared to an NFIP equivalent policy! Also note the differences in coverage between the two, it could be the difference between hundreds, if not thousands of dollars, down the line.

How to Get Flood Insurance Without a Flood Elevation Certificate.

Quality flood insurance is available without the added expense and trouble of getting an elevation certificate. FloodPrice can compare the rates for both private flood insurance and the NFIP to make sure you are getting the right coverage for the best price. Check out our quote page now to find out what coverage we can offer.

How much could flood damage cost you?

Experiencing a flood in your home can be emotionally and financially devastating. Use the tool below to see how much even just an inch of water could cost you. Flood Insurance can help you get back on your feet again.

Get an Instant Flood Insurance Quote Online today!

Our quick quote tool assesses rates from numerous carriers in seconds to get you the best coverage at the lowest price. 

Risk Rating 2.0 Pricing in Michigan.

FEMA's flood program through the NFIP has begun using a new pricing methodology, Risk Rating 2.0. This will result in a price change for 99% of policyholders. This will impact nearly all of the 20,500 NFIP policies in force in Michigan.

New NFIP Policyholders can expect to see these changes October 1st, 2021. If you're an existing policyholder, these rate changes won't affect you until April 1st, 2022.


If you already have a policy through the NFIP, be sure to compare the Risk Rating 2.0 price to a Private Flood Insurance quote. You could possibly save hundreds of dollars. The time to start comparing prices on your flood insurance is before your policy is set to renews.


The NFIP does not allow mid-term cancellations. This means that once your policy renews, you have no option to cancel it unless you meet very restrictive guidelines, such as the sale of your home. The process can be difficult and frustrating. Here is a link to the guidelines to cancel an NFIP policy mid-term: FEMA Cancellation Form.

What is not covered by the NFIP?

Debris removal, additional living expenses, and belongings located in your basement, aren't covered. You would be required to purchase a secondary policy to cover appurtenant structures, such as a detached garage or shed. Visit their website to see everything that is, or isn't, covered by the NFIP.

If you'd like to be free from these limitations and have more options for coverage, consider getting flood insurance from FloodPrice,


Need help from a Flood Expert? Call us at 866-503-5663

*42% of NFIP policy holders in Michigan (8,436 policies) will see an average increase of $0-$120 per year. 3% of policyholders (623 policies) will see an increase of $120-$240 per year. 1% of policyholders (302 policies) will see an increase of greater than $240 per year.


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