CFH Insurance Consultants
41000 Woodward Ave Suite 350 East, Bloomfield Hills, MI 48304
View this agency's profile to learn more about their services.
Loading...
City directory
Bloomfield Hills households and business owners trust local agents to navigate carrier appetite shifts, underwriting requirements, and the claims process.
Compare local agents, coverage options, and specialties to find the right fit for your insurance needs.
41000 Woodward Ave Suite 350 East, Bloomfield Hills, MI 48304
View this agency's profile to learn more about their services.
33 Bloomfield Hills Pkwy, Suite 245, Bloomfield Hills, MI 48304
View this agency's profile to learn more about their services.
41000 Woodward Ave E, Ste 350, Bloomfield Hills, MI 48304
View this agency's profile to learn more about their services.
2550 S Telegraph Rd, Ste 109, Bloomfield Hills, MI 48302
View this agency's profile to learn more about their services.
6632 Telegraph Rd, Suite 157, Bloomfield Hills, MI 48301
View this agency's profile to learn more about their services.
Learn about insurance coverage options specific to Bloomfield Hills residents.
Complete insurance guide for Bloomfield Hills, Michigan. Compare auto & home coverage, understand Michigan no-fault, find local agents in Oakland County.
Home InsuranceHigh-value home insurance for Bloomfield Hills estates. Learn coverage needs for luxury properties, tree risks, and liability protection in Oakland County.
Bloomfield Hills has higher auto insurance rates primarily due to the concentration of luxury vehicles and the area's affluent demographics. Insurance companies calculate rates based on repair costs, vehicle values, and claim frequencies in specific zip codes. Luxury vehicles cost significantly more to repair or replace, and Bloomfield Hills' demographic profile correlates with higher claim values. Additionally, Michigan's no-fault system requires expensive Personal Injury Protection coverage, though 2019 reforms now allow you to choose lower PIP limits that can reduce premiums by 20-45%.
If you have significant assets to protect—which most Bloomfield Hills residents do—umbrella insurance is strongly recommended. Your standard auto and home policies typically provide $300,000-$500,000 in liability coverage, but a serious accident or lawsuit could easily exceed those limits. A $1 million umbrella policy costs just $150-$300 annually and protects your savings, investments, and future earnings if you're sued for damages beyond your standard policy limits. It's one of the most cost-effective insurance purchases for higher net worth households.
You need enough dwelling coverage to completely rebuild your home at current construction costs, which is often higher than your home's market value. Most Bloomfield Hills homes require $400,000-$600,000 in dwelling coverage at minimum, with many needing $800,000 or more depending on size, features, and custom finishes. Work with a local agent who understands Oakland County construction costs to determine your accurate replacement cost. Don't forget to account for personal property coverage, liability protection of at least $300,000-$500,000, and endorsements for valuable items like jewelry or art.
Market value is what your home would sell for today, influenced by location, market conditions, and comparable sales. Replacement cost is what it would actually cost to rebuild your home from the ground up using similar materials and craftsmanship. In Bloomfield Hills, replacement cost often exceeds market value because rebuilding a custom home with high-end finishes is expensive. Your insurance should cover replacement cost, not market value, to ensure you can fully rebuild if your home is destroyed.
This decision depends on your health insurance coverage and risk tolerance. Unlimited PIP provides the most comprehensive protection for catastrophic injuries with lifetime medical care, but costs significantly more. If you have excellent health insurance through an employer or Medicare, choosing a lower PIP limit ($500,000, $250,000, or $50,000) can reduce your auto premium by 20-45%. However, you'll need to carefully review your health insurance to ensure it adequately covers major accidents without lifetime caps. A local agent can help you evaluate this decision based on your specific health coverage and financial situation.
Yes, bundling typically saves 15-25% on your combined premiums when you place both auto and home insurance with the same carrier. Many insurers offer additional discounts if you add umbrella coverage or insure multiple vehicles. However, bundling isn't always the cheapest option—sometimes separate carriers for auto and home result in lower overall costs. A local independent agent can compare bundled versus separate coverage across multiple carriers to find your best value.
Stand out to local shoppers with your team, specialties, and business hours. Member agencies get priority placement and more features.
Join the network