Michigan HO-8 Insurance policy is
designed for older homes in Michigan. The Michigan HO8 insurance companies usually only cover the actual cash value of the home in the event of a claim. Leading homeowners insurance companies in Michigan are Mercury, State Farm Bureau and AAA and they operate in cities such as Detroit, Lansing, Kalamazoo or Grand Rapids.
What Will HO8 Insurance Cover in Michigan?
A standard home insurance policy in Michigan whether you live in Detroit, Grand Rapids or Lansing will cover most damages to your MI home and your personal belongings from perils such as explosion, lightning damage from falling objects, riots, theft, trucks or vehicles.
What is Michigan HO8 Insurance?
Useful on older buildings that may be of historic importance and has a lower market value than pure replacement cost.