You can get pay-per-mile insurance in Michigan from Nationwide SmartMiles. Pay-per-mile insurance is a type of car insurance policy that charges drivers a daily or monthly base rate plus a few cents for each mile driven. Each policyholder’s base rate is calculated according to normal car insurance rating factors, such as driving record, age, and ZIP code.
Notable Pay-Per-Mile Insurance Companies in Michigan
Pay-per-mile insurance can be an easy way for Michigan drivers to save if they use their cars infrequently. For example, retirees, remote workers, and students who walk to class can benefit from pay-per-mile insurance. Individuals or families with an extra car that is rarely used should also consider pay-per-mile coverage.
Yes, Metromile offers full coverage insurance for customers who choose to buy it. Metromile sells all the components of full coverage, including liability, collision, and comprehensive coverage, plus any type of insurance that a state might require, such as uninsured motorist insurance or personal injury protection.
If you lease or finance your car, you may be required to carry coverage types that are not mandatory under Michigan law. Lenders usually require comprehensive and collision insurance. Collision insurance covers repairs to your car when you hit another car or object. If the damage to your vehicle was caused by something other than a collision—like a natural disaster, vandalism, falling objects, or animals—it is most likely covered by comprehensive insurance. Lenders may also require gap insurance, which covers the difference between what you owe on your loan or lease and what the vehicle was worth if it gets stolen or totaled.
Car insurance in Michigan is $108 per month for minimum coverage and $283 per month for full coverage, on average. The cheapest insurance companies in Michigan are Secura, Chubb and Travelers, and getting quotes from several companies can help you find the best deal.
Average Cost of Car Insurance in Michigan by Category
The average cost of car insurance in Michigan is 79% higher than the national average auto insurance premium, and Michigan ranks 49 out of 50 for the most affordable car insurance rates in the U.S.. There are several factors that affect how much you’ll pay for car insurance in Michigan, including your driving record, age, location, the amount of coverage that you purchase, and the insurance company you buy it from.
Finally, it’s worth noting that car insurance premiums in Michigan are high, compared to the cost of coverage in neighboring states like Ohio and Illinois. You can find more details in the table below.
Cost of Car Insurance in Michigan vs. Neighboring States
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