Detroit Car Insurance (Yikes!)

[Valerie King]

I'm saving up to house hack and live in the suburbs of Detroit with my mom. With prices going up all around, I recently spread my house hunting reach to include Detroit. 

Then, just last night, my dad pointed out that car insurance is higher there than the suburbs -- and anyone who lives in Michigan knows our state's premiums are much more insane than elsewhere in the country as is. 

I already pay around $260 a month with an address in the suburbs, including a clean driver discount and discount for having a car with premium safety features. 

But that could easily double if my address becomes a Detroit address, and that insane expense could easily make a Detroit investment pointless, depending on cash flow. If I were strictly investing that'd be one thing. But conventional loans generally require at least a year of occupancy. 

Wanted to share this as an example of the many factors to consider when planning to investment in real estate. 

Do you house hack in Detroit? I'd be interested in hearing what that's like for you! 

http://wdet.org/posts/2015/09/21/81534-curiosid-why-is-detroit-auto-insurance-so-expensive/