Michigan Car Insurance

Pretty much anything and everything that has to deal with Michigan revolves around the Auto industry. Actually the first place for us car manufacturing, so it’s safe to say that the people in Michigan know what they’re talking about when it comes to cars. What they say is a history behind cars, we can also assume that almost anyone and everyone has a passion for them as well. So alongside this is the unique auto insurance requirements that are required in the state, but if you’re a Michigan resident you probably already know that.

Required Coverage

Okay, to make this clear we already know that Michigan has set the bar when it comes to the minimum requirements means for car insurance. it’s extremely detailed we’re going to try our best to convey the message as easily as we can so when you go in to contact a local agent it won’t be too much of a hassle. 

The first thing any person in Michigan need to do before they can even register their vehicle is going to no-fault insurance. No-fault insurance in Michigan has a three-part structure to it that we’re going to give as much detail as we can before you go ahead and get car insurance.

  •  Personal injury protection
    •  Personal injury protection is there to pay for any medical costs if you or a passenger have been hurt in a car accident. For example, it’ll pay for anything such as lost wages, funeral expenses medical expenses and other services needed.
    •  The way personal injury protection is calculated for a driver is totally based on their health insurance policy they currently have.
  • Property protection
    •  This coverage is there to pay for any property damages that happened during an accident. Most you can claim from this insurance is $1000000 in property damage. For example, if you’re driving and you hit a building, tree or anything this coverage will be there to help out. Although please be mindful that this property protection insurance is not eligible to cover any damages to the vehicles involved in the accident.
  • bodily injury and property damage liability residual
    • This is there to help cover any expenses in the chance that you were at fault of the accident.

 Keep in mind that no-fault insurance basically means that you’re not at fault in an accident. Although based on factual evidence or even in some cases you may be actually deemed or if not 50/50. 

 We have given you a lot of detail on what’s a no-fault insurance is As well as covering the three different parts. Along these requirements, there is a coverage limit associated with it. Here’s what you’re looking at for coverage limits at a minimum for the state of Michigan.

  • $20,000 in bodily injury coverage per person
  • $20,000 in bodily injury coverage per accident
  • $10,000 in property damage coverage ( this is for accidents that happened outside of the state of Michigan)
  • $1000000 in property protection in the state of Michigan
  • No limit on personal injury protection

 These are the required coverage limits in the state of Michigan. Although be mindful of the fact that you are able to take fire coverage limits if you see fit based on your current setup.

Optional Coverages

Depending on the insurance company that you go with, they may offer you some optional coverages to add on to the minimum requirements. In most cases, this is there to help you and make it easier for you in the case of an accident. So here’s what you’d be looking for optional insurance coverages in the state of Michigan.

  • Collision insurance
  • Comprehensive insurance
  • Limited property damage
  • Both uninsured and underinsured coverage
  • Gap insurance
  • And more

 When it comes to your insurance protection we highly recommend discussing this in detail with a local insurance agent. They’ll be able to guide you on the right steps and explain everything in detail so you can pick and choose what’s best for you.

Factors in Your Insurance Policy

I’m looking to get a cheap auto insurance quote in the state of Michigan, here are the factors that are considered what calculating your premium.

  • Your driving record
  • How long you been driving
  • Age
  • Type of car you drive
  • Type of insurance you’ve chosen

 These are all the factors that go into your insurance premium before any discounts are applied. Adding on your insurance company, you may be eligible for more discounts to help reduce the upfront cost. This will definitely help with some cost savings each month. Trust me it adds up. 

Average Cost of Car Insurance in Michigan

Being a driver in Michigan you know that car insurance is really expensive. You’re looking at about $2,700 each year, which is about 83% higher than what everyone else is paying across the states. So it goes without saying that every driver switches our insurance policy as much as they can save each month.

Is Michigan a No-fault State?

Yes, Michigan is a no-fault state when it comes to auto insurance, it means that your personal injury protection coverage will pay for any damages I have incurred to you.  Meaning any medical bills or lost wages. This does not cover any damages to your vehicle.