Michigan Auto Insurance
Michigan has set in place certain minimum car insurance requirements that all drivers must meet in order to drive their vehicles legally. These requirements included at least $20,000 in liability coverage for accidents in which one person is injured, $40,000 in liability coverage for accidents in which more than one person is injured and a minimum of $10,000 in property damage coverage. Michigan drivers are also required to carry some amount of personal injury protection however the exact amount of PIP coverage required is determined by the county where you reside.
The reason that personal injury protection, which covers any injuries or medical or rehabilitation expenses a person incurs due to an accident, is required in Michigan when it is not required in many other states is because Michigan is a no fault car insurance state. This means that, when an accident occurs, no one bothers to determine who is “at fault.” Except in cases of extreme negligence, who caused the accident doesn’t matter, because each driver’s policy will be responsible for covering the damages to his or her own car and to his or her own person. Many people have problems with no fault car insurance and feel it is unfair, but like it or not, if you live in Michigan, it is the type of insurance you will have.
How much is Michigan Auto Insurance?
Michigan residents do not get any breaks when it comes to paying for their automobile insurance. In fact, the state’s insurance premiums are the second highest in the entire nation, with only Louisiana suffering from higher rates. Michigan drivers, on average, can expect to pay approximately $2,098 each year. When compared to the national average of $1,440, that is quite a leap. The reason for such high insurance rates is because of state laws that cause insurance companies to pay an arm and a leg to people injured in accidents. In fact, car insurance provides are required to give unlimited medical benefits to those who are injured, something that insurance providers have no other recourse for but to raise automobile insurance rates. Also, the state currently has a high unemployment rate, leading to more uninsured or underinsured drivers on the road.
Even with all of these roadblocks, there are still some drivers in Michigan who manage to pay below the statewide average for their car insurance policies. The drivers who are able to do this are those drivers who are diligent, willing to shop around for automobile insurance and who either possess good driving records or similar low risk profile.
Car Insurance Discounts
While drivers in Michigan may have some of highest auto insurance rates in the nation any driver can benefit from understanding more about car insurance discounts. Many car insurance companies offer a number of auto insurance discounts Michiana drivers can take advantage of to lower auto insurance rates. Some of these discounts you may already even qualify for and not realize it. Most car insurance providers are not going to come right out and tell you about discounts. Instead, they wait and see if you’ll come to them. If you don’t, then they save money by not telling you about the discounts. If you bring it up, however, then you save money, because they’ll have no choice but to give you what is rightfully yours. Of course, some car insurance companies do not offer certain discounts so you often need to shop around and compare auto insurance companies to find the best provider for your profile.
Some of the most common auto insurance discounts available include Good Driver Discount, Good Student Discount, Vehicle Safety Discount, Multi Policy Discount and more. Learn more about auto insurance discounts here.
What is the best way to compare Michigan auto insurance quotes?
Traditionally people used to call their local agents and compare rates but the internet has opened up a wealth of competition online where drivers can compare auto insurance quotes from a wealth of providers within minutes. Not only does this relieve the pressure of dealing with a live agent but also allows you to shop much quicker and learn more about coverage from the comfort of your home.
Get started and compare Michigan auto insurance quotes today with our free auto insurance comparison search tool using your ZIP code above.
