How much is full coverage insurance in Michigan?

Car insurance in Michigan costs $108 per month or $1,300 per year for minimum coverage, on average. The cheapest car insurance companies in Michigan are Travelers, Secura, and Wolverine Mutual, and getting quotes from several companies can help you find the best deal.

The average cost of car insurance in Michigan is 96% higher than the … read full answernational average auto insurance premium. There are several factors that affect how much you’ll pay for car insurance in Michigan, including your driving record, age and location, the amount of coverage you purchase, and the insurance company you buy it from.

Average Cost of Car Insurance in Michigan by Category

• After an at-fault accident: $313 per month
• Teen driver: $392 per month
• After a DUI: $318 per month

Average Cost of Car Insurance in Michigan by Company

Note: Rates are an approximation based on a 45-year-old man in Michigan with a clean driving record. Actual rates will vary.

Average Cost of Car Insurance in Michigan by Age

Note: Rates are an approximation based on a driver in Michigan with minimum coverage and a clean driving record. Actual rates will vary.

How to Lower the Cost of Car Insurance in Michigan

1. Shop around and compare quotes. We recommend comparing quotes from at least three different insurance companies to make sure you are getting the best rate.
2. Choose a higher deductible. Your deductible is the amount you have to pay out of pocket before your insurance kicks in. Choosing a higher deductible can lower your premiums but means you will have to pay more out-of-pocket when you file a claim.
3. Consider lowering your coverage. Consider purchasing only the minimum amount of coverage required by your state, rather than purchasing higher limits or a full coverage policy.
4. Look for discounts you may be eligible for. For instance, most insurance companies offer a good-driver discount for customers with a clean driving record, a good-student discount, or a discount for paying your premiums in full up front.

To learn more, check out our guide to how much car insurance you need in Michigan as well as our picks for the cheapest car insurance companies in Michigan.

Full coverage insurance costs $1,997 per year or $166 per month, on average. Full coverage car insurance is more expensive than the legal minimum auto insurance coverage because full coverage usually includes collision and comprehensive insurance as well as the minimum coverage required by a state.

The cost of full coverage car insurance varies based on the state, the driver’s chosen coverage limits, the driver’s risk factors, and the vehicle’s value. Additionally, … read full answercomprehensive and collision insurance are subject to a deductible, and drivers can select a higher deductible in return for a lower premium. Drivers can also minimize the cost of full coverage car insurance by comparing rates and checking for discounts.

Cheapest Full Coverage Insurance Companies

1. Esurance - $1,548 per year
2. Geico - $1,675 per year
3. Mercury - $1,919 per year
4. USAA - $2,002 per year
5. Progressive - $2,016 per year

Full coverage insurance in Michigan is usually defined as a policy that provides collision and comprehensive insurance plus at least the state’s minimum required coverage: $50,000 in bodily injury coverage per person (up to $100,000 per accident) and $10,000 in property damage coverage. Full coverage in Michigan also includes personal injury protection and property protection insurance.… read full answer

The average cost of a full coverage car insurance policy in Michigan is $3,397 per year. On the other hand, a state-minimum policy costs an average of $1,300 per year.

Full Coverage in Michigan Includes:

• Bodily injury liability insurance: $50,000 per person/$100,000 per accident
• Property damage liability insurance: $10,000
• Property protection insurance: $1,000,0000
• Personal injury protection: $250,000, with exceptions for drivers who have Medicare or Medicaid
• Collision insurance: covers up to the value of the vehicle
• Comprehensive insurance: covers up to the value of the vehicle

Collision insurance covers repair or replacement costs for your own car if you are in an accident, regardless of who was at fault. It is often purchased with comprehensive insurance, which covers repair or replacement costs if your car is damaged by something besides an accident, like theft, vandalism, or animals. When you finance a car, lenders usually require collision and comprehensive coverage in addition to the insurance you must have under Michigan law.