The Best Cheap Michigan Car Insurance for 2021

Russnews info -  Shopping for car insurance may be one of the least exciting things you do. However, having enough coverage to protect your assets is a smart financial move and can make hitting the open road more pleasurable. Fortunately, it's some of the best car insurance companies that provide the lowest rates in Michigan.

cheap michigan car insurance 2021 - russnews info


Cheapest for a typical driver: Geico
Cheapest for a teen driver: Geico
Cheapest for members of the military: Geico
Cheapest for driver with one accident: Progressive Marathon
Cheapest for driver looking for minimum coverage: Geico
Cheapest for a typical driver



For a "typical" driver with a clean driving record, the cheapest car insurance in Michigan is available through Geico, which offers an average annual rate of $1,443.



Other Michigan auto insurance carriers worth considering are:
Progressive, with an average annual premium of $1,610
Metropolitan Direct, offering an average annual rate of $2,173
Cheapest for a teen driver



Geico is the Michigan auto insurance champion when it comes to covering teen drivers. With an average rate of $2,908, they blow much of the competition out of the water.



Following behind are:
Auto-Owners, with an average annual rate of $4,861
Meemic, with an average rate of $5,321
Cheapest for members of the military



Current and former military members (and their families) enjoy relatively cheap auto insurance in Michigan through Geico, with an average annual rate of $1,443.



Other competitive carriers include:
Progressive, offering an average annual rate of $1,610
Metropolitan Direct, with an average rate of $2,173
Cheapest for a driver with one accident



Drivers with accidents on their record can find it tough to find affordable car insurance in Michigan. Progressive Marathon makes it a little easier by offering an average rate of $2,078 to drivers with one accident on their record.



Other options include:
Auto-Owners, with an average annual rate of $2,944
Geico, offering an average annual premium of $3,459
Cheapest for a driver looking for minimum coverage



Geico is the big winner when it comes to Michigan minimum car insurance rates. For $855 a year ($71 per month) Michiganders can buy basic coverage.



Other companies offering competitive rates on Michigan minimum auto insurance include:
Metropolitan Direct, with an average annual premium of $884
Progressive Marathon, with an average rate of $906
Average car insurance cost in Michigan compared to the national average



The average cost of auto insurance in the state of Michigan is $4,894 annually, 85% higher than the national average. The cost of your coverage depends on things like age, driving history, credit score, and where you live.
Michigan auto insurance laws



Per Michigan car insurance laws, drivers caught driving without insurance can be hit with harsh consequences, including a fine of up to $500, a 30-day license suspension, a fee for reinstating their license, court cost, and a "driver responsibility" fee of $500 for two years.
Michigan minimum coverage requirements



If these minimum requirements seem higher than most states, that's because Michigan drivers are required to carry an above-average level of coverage.
$50,000 per person and $100,000 per accident in bodily injury liability
$10,000 property damage liability coverage outside Michigan and $1 million within the state
$250,000 in personal injury protection (although Medicaid and Medicare recipients may qualify for a lower limit)
How to get cheap auto insurance in Michigan



Landing cheap car insurance involves shopping around and gathering car insurance quotes in Michigan. It also requires you to investigate all potential discounts.
Hunting for discounts

 

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The number of potential insurance discounts varies by the insurance company, but taking time to look through the options can save you money. Here are some of the ways you can save money:
Good student discount
Defensive driver discount
Pay-in-full discount
Away-at-school discount
Occupational discount
Alumni discount
Professional organization discount
Safety feature discount
Usage-based discount
Multi-car discount
Multi-policy discount
New car discount



You will also find that insurers base your rate quote, in part, on your credit score. If your credit score is low, taking steps to raise it can lower the rate you pay for auto insurance.
Other things to consider when looking for car insurance in Michigan



Last year, bipartisan legislation was passed to lower the cost of Michigan auto insurance. This legislation applies to auto policies issued or renewed after July 1, 2020.



Prior to the change, Michigan had the highest auto insurance benefits in the country. However, they also had the highest costs. Some drivers who could not cover the high cost of Michigan insurance drove uninsured. The new law makes it possible for drivers to reduce their premiums in exchange for giving up a portion of the previously required medical coverage. For Michiganders with their own health insurance policies, it can make sense to reduce personal injury protection (PIP) and save money. It's one way for the state to help people find cheap liability car insurance in Michigan so they can legally get behind the wheel of a car.



When you're wondering "how much is car insurance in Michigan?," it helps to remember that rates throughout the state are still higher than the national average, but it is possible to find low-cost car insurance if you look.


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