Table of Contents
- Cheapest Car Insurance Companies in Michigan by Category
- Best Cities for Cheap Car Insurance in Michigan
- Factors That Affect Car Insurance Premiums in Michigan
- How to Get Cheap Car Insurance in Michigan
- Cheap Car Insurance in Michigan FAQ
Cheapest Car Insurance Companies in Michigan by Category
Cheapest Car Insurance in Michigan for Good Drivers
Drivers who have never had an accident or received a citation are considered good drivers by insurers and pay less for insurance than drivers with bad records. In addition to low rates, good drivers can often qualify for additional discounts from their insurance company. WalletHub compared rates across major insurance companies using a 45-year old, single man, with minimum coverage, a clean driving record, and good credit.
Cheapest Car Insurance in Michigan for Full Coverage
Full coverage refers to a policy that goes beyond the minimum state requirements
. WalletHub compared full coverage rates that include 100k/300k/50k of liability coverage
, 100k/300k/50k of uninsured motorist coverage
as well as collision
coverage with a $500 deductible. Because full coverage protects you in more situations, it costs more than the minimum requirements. WalletHub compared full coverage rates using a 45-year-old, single man, with a clean driving record and good credit to find the cheapest options in Michigan.
Cheapest Car Insurance in Michigan After a Ticket
After a speeding ticket, most drivers will see their insurance rates go up for 3-5 years. It’s important to keep in mind that each insurance company calculates rates differently, so you should always get multiple quotes in order to make sure that you get the best deal. WalletHub compared the cheapest car insurance quotes in Michigan for after a speeding ticket by averaging quotes of a 45-year-old, single man, with minimum coverage, good credit, and a prior speeding ticket.
Cheapest Car Insurance in Michigan For Drivers with One At-Fault Accident
WalletHub averaged quotes from a 45-year-old, single man, with minimum coverage, good credit, and a prior at-fault accident to compare the cheapest companies. One at-fault accident will usually affect your insurance negatively for 3-5 years as insurers will consider you high-risk. Because of your higher rates, it is even more important to comparison shop. WalletHub has compared some of the cheapest car insurance companies after an at-fault accident in Michigan.
Cheapest Car Insurance in Michigan After a DUI
Insurers always charge drivers more for coverage after a DUI conviction as this signals to insurance companies you are a higher risk driver than the average person. WalletHub compared average quotes from a 45-year-old, single man, with minimum coverage, good credit, and a DUI. Because a DUI conviction puts you in the high-risk category to insurers, your insurance rates will be higher, and shopping around can save you a ton of money. To help, WalletHub compared some of the cheapest car insurance companies in Michigan for drivers with a DUI.
Cheapest Car Insurance in Michigan for Young Drivers
Since young drivers have less experience behind the wheel, insurers tend to charge them higher rates than more mature drivers. On average, most drivers will see their rates drop as they get older with a considerable decrease once they turn 25 years old. To help you find the cheapest rates for young drivers in Michigan, WalletHub compared quotes from drivers aged 16-24 years old, with a clean driving record, minimum coverage, and good credit.
Cheapest Car Insurance in Michigan for Older Drivers
Although mature drivers pay less for car insurance than teens, older drivers start to see their rates go up as they enter their senior years. WalletHub compared older driver premiums by averaging 55 and 65-year old, single men, with a clean driving record, minimum coverage, and good credit. Comparing car insurance rates can save older drivers hundreds of dollars a year.
Best Cities for Cheap Car Insurance in Michigan
Factors That Affect Car Insurance Premiums in Michigan
Cheapest Car Insurance in Michigan
7 Tips For How to Get Cheap Car Insurance in Michigan
1. Compare quotes from both national and regional insurers
Don’t forget to include local insurance companies in your search for cheap car insurance. In Michigan, regional insurers like Westfield, Indiana Farm Bureau and Erie Insurance might have lower rates than national companies like State Farm and Geico and have comparable customer satisfaction ratings.
2. Know the factors affecting insurance in Michigan
Everyone knows that your driving habits and claims history affect how much you pay for car insurance. But in Michigan, companies can also consider your age, gender, credit history, marital status, and more when setting premiums. The car you drive, your annual mileage, and even some factors beyond your control all impact the price of insurance.
3. Maintain coverage
You’ll see higher rates if you let your insurance lapse, even if you don’t own a car. Michigan drivers who don’t maintain continuous coverage pay an average of 48% more than those with five or more years of insurance history.
4. Choose the coverage that is right for you
You need liability insurance to pay for the other driver’s damages if you’re at fault in an accident in Michigan. But collision and comprehensive coverage are usually optional and may be unnecessary if you own an older car. Usage-based insurance might be a better fit than a standard policy for low-mileage drivers, and going with a higher deductible or lower coverage limits costs less, too. Don’t skimp on the coverage you need, but do make informed choices. That way, you won’t end up paying for more car insurance than you need.
5. Search for discounts
Top car insurance companies in Michigan have a variety of discounts, so almost anyone can find ways to save. You may be able to get a discount if you’re a student, veteran, good driver, homeowner, willing to go paperless, and more.
6. Stay in less expensive zip codes
Car insurance prices can vary a lot based on zip code in Michigan. On average, drivers in the most expensive parts of Michigan spend over $3,800 more per year on car insurance than those living in the least expensive areas.
7. Lower your PIP coverage
Until 2020, Michigan was the only state that required unlimited personal injury protection (PIP). This meant that if someone got into a life-changing car accident that required expensive lifetime medical care, it was covered—even if that care cost millions of dollars. Effective July 1, 2020, drivers will be able to choose a level of medical coverage, so your premium and potential savings will depend on the PIP option you select.
WalletHub’s analysis of cheap car insurance companies in Michigan is based on data from the Michigan DMV and Quadrant Information Services. Together with that data, WalletHub used the characteristics listed below to create 40 different driver profiles designed to identify the cheapest car insurance companies for Michigan drivers in a collection of key categories. For each profile, WalletHub compared quotes among top Michigan car insurance companies by averaging premiums from 34 zip codes that represent at least 20% of Michigan's population. Military-specific companies like USAA were only considered for the military-specific category, due to their eligibility restrictions. In some cases, they may still be the best option overall for eligible drivers.
In the table below, you can see all of the profile characteristics that were used in WalletHub’s analysis, in addition to the specific subset of characteristics that make up our Good Driver profile.
||All Profile Characteristics
||Good Driver Profile
||16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 35, 45, 55, 65
|Teenage Driver Included on Policy
||Clean, One Speeding Ticket, One At-Fault Accident, One DUI, Suspended License, Open Container, Red Light Infraction, Reckless Driving, One Not At-Fault Accident
|Miles Driven Per Year
||7,500 Miles, 15,000 Miles, 20,000 Miles
||Minimum, Standard, Full
||None, Multi-Policy, Homeowner, Student
||None, SR22, FR44
||Sedan, Minivan, SUV, Coupe, Truck
Below are additional details regarding the terminology and specific characteristics of the variables in the above table:
- Minimum Coverage: Coverage requirements of $20,000 in bodily injury liability per person, $40,000 in bodily injury liability per accident, and $10,000 in property damage liability per accident outside Michigan, as well as unlimited personal injury protection and $1 million in property protection within Michigan. Minimum coverage requirements are from before changes were made to Michigan's auto insurance requirements in 2020.
- Standard Coverage: Coverage levels of 50k/100k/25k of liability coverage, 50k/100k/25k of uninsured motorist coverage, unlimited personal injury protection and $1 million in property protection within Michigan.
- Full Coverage: Coverage levels of 100k/300k/50k of liability coverage, 100k/300k/50k of uninsured motorist coverage, collision and comprehensive coverage with a $500 deductible, unlimited personal injury protection and $1 million property protection within Michigan.
- Sedan: 2018 Toyota Camry.
- Minivan: 2018 Dodge Grand Caravan.
- SUV: 2018 Toyota RAV4.
- Coupe: 2018 Ford Mustang.
- Truck: 2018 Ford F-150.
Where driver profiles are not specified, WalletHub averaged Michigan insurance quotes across 40 different driver profiles, using the above variables. Quote information is from Quadrant Information Services and is representative only. Individual rates will be different.