How to Get Cheap Car Insurance in Michigan?
Insurance rates of any state depend on various factors for any individual. But there’s no doubt to state that as compared to all the other cities, Car Insurance in Michigan has higher rates. So how can we save our hard-earned money? The best option is by buying insurance only after comparing it between different companies.
Which are the Best Car Insurance Companies in MI?
To get cheap Michigan car insurance we try to provide you the best rates from the top insurance companies. Our algorithms work hard to analyze important factors like user-generated carrier reviews, consumer reports which provide customer satisfaction surveys, and financial strength rating. These factors help us to determine the reliability and quality of the best insurance companies in Michigan.
|USA Underwriters||$68 /mo|
How to Get Best Car Insurance Coverage In MI?
Minimum Car Insurance Requirements in Michigan
Michigan comes under the category of a no-fault state when it comes to auto insurance. It consists of three important requirements: residual liability, personal injury protection, and property protection. Personal injury protection is the medical part of the Michigan policy. The Michigan insurance car company is responsible for PIP or Personal Injury Protection. Recently Michigan law has removed the compulsory unlimited PIP coverage law.
- Personal Injury Protection:
Now drivers are allowed to select from multiple options like unlimited coverage, $500,000 limited coverage, $250,000 limited coverage, $50,000 limited coverage, and No PIP Coverage.
- Property Protection:
When it comes to property damage, all the drivers in Michigan are required to have $ 1 Million coverage for property damage.
- Residual Liability:
Recently Michigan law has introduced the lowest liability limits for Residual Liability for bodily injury and property damage.
Cheap Minimum Liability Car Insurance Companies in Michigan
Here is the list of best companies that provide the lowest average rates to drivers for state minimum insurance coverage in Michigan:
- StateFarm: $96 per month
- Progressive: $108 per month
- GEICO: $116 per month
- SafeAuto: $124 per month
- USA Underwriters : $135 per month
Cheap Basic Full Insurance Coverage in Michigan
Here is the list of top insurance companies that provide the lowest average rates to drivers for our unique basic full insurance coverage in MI. It includes collision and comprehensive auto insurance coverage apart from state minimum auto insurance coverage.
- GEICO: $156 per month
- Auto Owners: $175 per month
- SafeAuto: $183 per month
- Progressive: $196 per month
- Allstate: $204 per month
Cheapest Premium Full Insurance Coverage in Michigan
Here is the list of top auto insurance carriers that provide the cheapest full coverage in MI. This covers all coverages as defined by state law in full coverage requirements with maximum benefits. Drivers with a clean driving record may consider this option.
- Travelers: $175 per month
- Auto Owners: $205 per month
- USA Underwriters: $225 per month
- Progressive: $245 per month
- Allstate: $260 per month
Additional Auto Insurance Coverage In Michigan
- Comprehensive Insurance:
It covers the damages caused by flood, fire, stealing the car, falling of a tree or a pole, or collision with any animal.
- Roadside Service:
Most of the companies provide roadside assistance to fix your flat tire, to deliver gas, to tow your car, get your keys out of the locked car or jump start your vehicle.
- Collision Insurance:
In Michigan, collision insurance usually comes with a deductible. A deductible amount will be paid by the customer for the repairs before the insurance company pays. The higher the deductible amount the lower will be the insurance rates.
- Underinsured and uninsured Motorists:
This insurance is only for the injuries and not for the property damage. If an underinsured or uninsured motorist hits your car resulting in bodily injuries to you or your passengers then your insurance will come into the picture.
- Rental Auto Reimbursement:
Most of the insurance companies in Michigan provide a temporary service of transportation protection when your vehicle is under repair.
- Medical and Funeral Services:
Most of the carriers cover the cost of ambulance and the transportation of dead body. It is optional for the insurance providers to cover the cost of medical services and funeral services.
Cheap Car Insurance Quotes in Michigan on Ticket Profile
Average car insurance cost in Michigan is calculated after analyzing multiple important factors like previous insurance, credit score, education, marital status, employment, driving history, and military service. Let’s have a look at five important factors that will have a major impact on the Average Cost of Car Insurance in MI:
Cheapest Car Insurance for Drivers with a DUI in Michigan
After getting a DUI it gets difficult to get a fallout. A Lot of extra expenses come with it like reinstatement fees, court fines, paying an extra premium for the next 3-4 years, and also SR-22 filing. In such cases, the best way to save some money on insurance is by comparing prices from different companies. In Michigan, the cheapest insurance rates for drivers with DUI are from Arrowhead at $115 per month.
|State Farm||$245 /mo|
|USA Underwriters||$350 /mo|
|USA Underwriters||$199 /mo|
Cheap Michigan Car Insurance Rates for Drivers with an At-Fault Accident
If a driver ever got an “at-fault” tag at its history then the prices of insurance premium rise to very high rates. And this history can affect your insurance rates to 3 years, 5 years, or 7 years depending on the company policy. Some companies look for 3 years of history which some look for 5 and some for 7 so it requires a deep comparison in prices from different companies. In Michigan, the lowest insurance rates for drivers at-fault accident history is from Arrowhead Insurance.
Cheap Car Insurance for Speeding Drivers in Michigan
For every speeding ticket and as per the mph you get points on your license and with every point, you get into the high-risk driver’s category. The higher your points on the license the higher will be your insurance coverage premium. One way to reduce your premium rates is by finding a defensive driving course reduction to get some discounts while getting auto insurance quotes in MI.
|USA Underwriters||$219 /mo|
|State Farm||$270 /mo|
|USA Underwriters||$192 /mo|
Cheap Car Insurance for Young Drivers in Michigan
Young drivers fall into the category of high-risk drivers because of their experience on the road and higher chances of getting a DUI. Hence, Young drivers always get higher insurance premium rates. The good news is Michigan state is free from factors like education level, gender, and credit score to calculate premium so this helps the Young drivers a lot.
Best Auto Insurance for Good Drivers in MI
There’s no doubt that experience always gets an upper hand in every field. The more experience a driver gets on the road the more discounts it gets on the insurance premium. In Michigan, if you have a clean history without any road/ traffic violation then you will surely get much lower insurance rates. Hence a clean and long history on the road of Michigan can pay off. You will get a discounted rate every year.
|USA Underwriters||$87 /mo|
|Liberty Mutual||$215 /mo|
Cheapest Coverage for Drivers with Poor Credit in Michigan
Even though checking the credit history of the driver to provide car insurance cost is banned in some states. But the companies still consider it directly or indirectly. As per most auto insurance carriers; drivers with poor credit are less reliable and irresponsible. Hence the car insurance premium for such drivers increases.
If you are looking for affordable auto insurance rates for drivers with a bad credit score then here are the top companies in Michigan:
Which Car Insurance Discounts are available in Michigan?
Michigan city has one of the highest car insurance rates. The major reason was its a no-fault policy which provides unlimited personal injury protection coverage. But after 2nd July 2020; Michigan changed its Auto Insurance Policy. There are several ways to save money on car insurance in Michigan. Based on that drivers might get some discount on the insurance premium rate.
Following are the four major types of discounts for Michigan Drivers:
PIP AE Limit Discounts:
As per the latest Michigan Car Insurance law; drivers can decide the coverage limit in Personal Injury Protection Allowable Expenses. Now the drivers have the choice between unlimited coverage, $500,000, $250,000, and $50,000. If the driver’s employer cover’s the accident-related injury; then a complete opt-out option is also available.
Bundling Policies Discounts:
If a driver buys insurance coverage for more than one asset from one company then the company considers it as bundling. The insurance carrier provides a good discount to push the driver into buying other policies from the company. In such cases, the driver should also try to negotiate as much as possible to get a more discounted price.
Advance Full Payment Discounts:
If a driver is capable of paying the annual insurance premium in advance then the company provides certain discounts. The advance payment shows that the customer is loyal and trustworthy. Along with that this also saves the company’s time and efforts to get a monthly premium. Hence; to reward and promote such a process; the insurance carrier provides good discounts.
Multiple Vehicle Discounts
When a driver has more than one vehicle and insurance coverage is required for the vehicles. The insurance company will try its best to push the driver into buying the coverage for other vehicles from them. As a result; the driver can ask for good discounted rates from the insurance provider. Most of the time the company provides a discount of up to 20 percent.
SR-22 Car Insurance in Michigan State
In most of the US states if a driver is caught for a DUI conviction then he/she will require SR-22 insurance. In Michigan, SR-22 car insurance is necessary for 3 years. And this can be very expensive for insurance premiums even some companies deny it. On the other hand, there are big companies like Farmers insurance, Dairyland, GEICO, and Esurance which can assist you throughout the process.
Best Cities for Cheap Car Insurance in Michigan
It is important to understand for every driver that; the auto insurance rates for every state and city vary a lot. Every city has its own rules and reforms for auto insurance that makes difference in the rates. Below we have created a list of top cities in Michigan and their average insurance rates:
|City Name||Average Premium|
|Sterling Heights||$349 /mo|
|Grand Rapids||$229 /mo|
FAQs About Car Insurance In Michigan
Who has the cheapest car insurance in Michigan?
In Michigan, most of the popular Insurance companies are pretty expensive but if you shop around and compare them with other carriers you’ll find much lower rates. As of 1st July 2020, GEICO had the lowest average annual cost of auto insurance in Michigan of $1485.00 .
Why is car insurance expensive in Michigan?
Michigan has one of the most expensive minimum coverage levels in the whole country. Michigan’s no-fault insurance law makes it compulsory for the drivers to cover the losses on their own, doesn’t matter who was at fault. This is the primary reason why car insurance has too high rates in Michigan.
How much is the car insurance rate in Michigan?
Every company follows its own rules and considers a set of factors to calculate the insurance rate for each driver. These factors can be your driving history, your credit score, type of car, and even the area where you live. On average, the car insurance rate in Michigan is $3141.00 per year for complete coverage or $262.00 per month.
Who has the cheapest liability insurance in Michigan?
GEICO has the cheapest liability insurance in MI. The GEICO’s average rate of minimum liability of the state is $704.00 while the average Michigan car insurance rate for the state minimum coverage is $1855.00 . Hence, GEICO has a $1151.00 lesser rate.
What is the car insurance cost in top Michigan cities?
Insurance companies in Michigan State calculate the insurance cost based on several factors like age, credit score, and zip code. We collected data from multiple best insurance companies in the different cities of Michigan and calculated the average car insurance cost in top Michigan Cities:
- Detroit: $503/ mo
- Sterling Heights: $349/ mo
- Flint: $326/ mo
- Dearborn: $283/ mo
- Southfield: $279/ mo
Compare and Find Cheapest Car Insurance Rates in Michigan.
Editorial Guidelines: The above is meant as general information to help you understand the different aspects of auto insurance. This information does not refer to any specific auto insurance policy. Coverages and other features vary between insurers, vary by state, and are not available in all states. References to costs of coverages/repair, average or typical premiums, amounts of losses, deductibles, etc., are indicative and may not apply to your situation. We encourage you to speak to our insurance representative and to read your policy contract to fully understand your coverages.