I am a road user living in Michigan. What can you tell me about auto insurance?
Auto insurance is a mandatory requirement in the state of Michigan and road users are advised to take a little time out before committing to a policy purchase and look a little deeper into the complex world of coverage and the state laws that apply to vehicle use. Michigan works as a no-fault state and shares this particular form of auto insurance legislation with 11 other regions. Although no-fault auto insurance doesn’t completely alleviate financial responsibility, it has proved very effective in reducing the pressures place on a busy legal system that no longer has to deal with huge numbers of lawsuits.
Is no-fault auto insurance working?
Michigan actually utilizes the most transparent method of no-fault auto insurance anywhere in the United States and because of this, the area suffers from the second-highest auto insurance rates in the entire country (only New Jersey has more expensive auto insurance rates than Michigan). Although high auto insurance costs can be apportioned to no-fault insurance to a certain degree, the geography of the state also has a massive effect on these costs. Michigan has populations of high density in areas such as Chicago and this leads to more traffic on the roads and a higher number of accidents. However, other areas are much sparser and Michigan actually has the second largest number of deer/automobile collisions throughout the entire country.
How does no-fault auto insurance operate?
In effect, no-fault auto insurance eliminates financial responsibility in the event of a road traffic accident and unless there are exceptional circumstances surrounding an incident, each motorist will make any subsequent claims through their own auto insurance provider. However, there are still a number of significant exceptions to state laws and motorists are still required to carry high levels of liability coverage for this reason. The state of Michigan has a number of mandatory auto insurance requirements in place to reflect these issues.
What are the minimum levels of mandatory auto insurance coverage in Michigan?
The following levels of mandatory auto insurance coverage are currently in place and all Michigan road users must meet these minimum requirements:
- $20,000 worth of bodily injury liability per person
- $40,000 worth of bodily injury liability per accident
- $10,000 worth of property damage liability
- Personal injury protection
It is vitally important to note that these mandatory measures only constitute a basic policy and additional coverage should always be purchased whenever it is affordable to do so.
How much can I expect to pay for a basic policy?
It is almost impossible to answer this question without taking a number of other factors into account. Your personal circumstances, driving history and the type of vehicle you drive will all have a major effect on your auto insurance rates. The following items are all influential factors in determining car insurance quotes:
- Previous driving history
- Credit rating
- Estimated annual mileage
- Type of vehicle
- Security features
- Safety features
- ZIP code
Obviously, I can’t really do much about my age and gender. How can I influence the other factors?
It’s actually much easier to control auto insurance rates than many people realize and in most cases, a little common sense and application will go a long way to securing cheaper policies. Maintaining a good driving history by avoiding accidents, claims and traffic violations will be the most significant way of keeping auto insurance costs down to a minimum. Reducing mileage and making payments on all of your other financial commitments in a timely manner will also help to maintain a cost-effective premium.
Even age can be tackled to a certain degree. Although it’s impossible to avoid the rising costs applied to young drivers completely, auto insurance quotes can be significantly lowered if a new driver takes a defensive driving course and manages to maintain good student grades at school or college. Auto insurance companies love seeing signs of responsibility from young drivers and they will usually reward mature behavior with preferable auto insurance rates.
How does the vehicle I drive affect my auto insurance rates?
Auto insurance carriers tend to charge much higher premiums for certain vehicle types. An older vehicle with high mileage and a low market value isn’t going to attract thousands of dollars in repair costs if it’s ever involved in an accident whereas a new sporty model with a high performance engine will usually cost a small fortune in body shop labor and replacement components. In addition, sporty models tend to be driven with more abandon than a sensible family car and auto insurance carriers are very aware of this type of behavior as it makes accidents more likely.
How on earth does my ZIP code affect my auto insurance quotes?
Unbelievably, your ZIP code is one of the most significant factors when it comes to establishing a premium for your new auto insurance policy. Your ZIP code provides your carrier with a wealth of information relating to the part of Michigan in which you live. If you reside in built-up areas with a high population count, there will be more vehicles on the road and the chances of being involved in a road traffic accident are significantly increased. Urban areas also attract abnormally high crime rates and if your auto insurance provider feels that the chances of theft and vandalism are increased by the area you live in, your policy offer will be much higher than if you lived in a quiet, rural setting.
Where is the best place to find cheap auto insurance quotes?
Price comparison shopping is enjoying a massive surge in popularity and thousands of auto insurance quotes are searched for every day in Michigan alone. Price comparison sites give road users the chance to review separate policies on a like-for-like basis so that coverage details and price can be weighed up effectively. This makes the final decision on a policy purchases much clearer and consumers can usually find the best possible balance of protection and value-for-money.
Which price comparison website do you recommend?
Promiga Auto Insurance Quotes is an excellent resource that is currently enjoying a massive explosion in growth. Our dedicated website operates in conjunction with a large number of auto insurance industry specialists to bring customers the best possible coverage at the best possible price. All of the companies we work in partnership with enjoy premium ratings from reviewers and our dedicated website specializes in providing free auto insurance quotes and nothing else!
How do you provide this service for free?
We build our business on our reputation and as such, we will never charge our visitors any fees, commissions or hidden charges when they purchase a policy through our website. Indeed, all of our auto insurance quotes are provided on an obligation-free basis so customers are never placed under any pressure whatsoever.
How are auto insurance quotes obtained?
The process couldn’t be easier! Simply log on and visit Promiga Auto Insurance Quotes and choose from any one of our A-rated auto insurance carriers. By adding your ZIP code on our easy-to-use site platform, you’ll be able to receive auto insurance quotes within a few seconds. We always recommend that you obtain as many auto insurance quotes as possible so that you can compare the coverage offered in detail. It is important to note that we don’t ask for personal details and as such, we never pass on sensitive information to third party companies selling inferior auto insurance products and services.