Cheap Car Insurance in Michigan: How Much Should You Expect to Spend
Your car insurance rates will vary depending upon a variety of factors, one of which is your location. Michigan, as a whole, has an average yearly premium of about $400 ($1,934 to $1,541) more than the national average. One reason for the higher rates for residents of Michigan is the weather. Worse …show more content…
You have a legal obligation to meet these requirements. They include bodily injury liability and property damage liability coverage with limits of 20/40/10. These requirements also include one million dollars worth of coverage for property protection. Additionally, the state of Michigan also requires Personal Injury Protection (PIP) for both Medical and Work Loss. Michigan has some of the highest minimum requirements for states.
Tips to Get Cheap Car Insurance in Michigan
In addition to meeting the minimum requirements of the state, you may also need to consider collision and comprehensive coverage for your vehicle. These policies will help to pay for replacement or repair of your vehicle. With these types of policies, issues such as the crime rate in your area, your driving record, the type of vehicle you drive, how much you drive and the cost of living in your area will have a profound impact on your rates. If your vehicle is rather new or is still being paid, this will be necessary coverage.
You can reduce your rates by choosing a cheap to insure vehicle, increasing your deductible and driving less. Also, in the state of Michigan, insurance companies are required to offer those 65 years of age or older who drive their vehicle less than 3,000 miles per year a reduced