By Madison Cates
Michigan is known by many to be a state of automotive innovation. Many of the costs of owning a car in Michigan have been higher. In recent years, legislation has been dropping the minimum requirements for auto insurance to be closer to the national standard.
You can take a few steps to ensure you’re getting the cheapest car insurance in Michigan that meets your coverage needs.
Review Your Coverage Annually
You should always review your car insurance coverage at least once per year. This will ensure that you are still getting the best possible rate and that your needs have not changed. You may find that you no longer need certain coverage types or that you are now eligible for discounts that you were not previously.
When you get a quote, there is a likelihood that you’ll have a soft hit on your credit. To minimize this hit, request several quotes from different agents within a short period. If you have excellent credit, your rates will be lower.
Get Quotes from Multiple Insurers
When you are looking for affordable car insurance in Michigan, be sure to get quotes from multiple insurers. This will allow you to compare rates and coverage options to find the best possible policy for your needs.
You are not obligated to commit to an insurance policy with the first agency you contact. You’ll save more in the long run if you get several quotes and select the best one for your needs. Make sure you’re asking for the same coverage with each agency so that you’re comparing apples to apples.
Consider a Higher Deductible
One way to lower car insurance rates is to consider a higher deductible. This means you will be responsible for paying more out of pocket if you have an accident. Still, it can lead to significant savings on your premiums.
Take Advantage of Discounts
There are many discounts that you may be eligible for when you are looking for affordable car insurance in Michigan. Be sure to ask your insurer about any discounts you may qualify for, such as a good driver discount or multiple policy discounts.
Use Public Transportation When Possible
If you live in an urban area, you may be able to take advantage of public transportation options to help lower your car insurance rates. This is because you will drive less and therefore be at a lower risk for accidents. Consider partnering with a friend, neighbor, or co-worker to carpool when public transport isn’t readily available. This will save you money on gas and mileage.
Bundle Your Policies
You’ll often qualify for multi-car discounts when you carry multiple cars with your agency. You can also receive a bundle discount for bringing the policy for your homeowners, renters, RV, boat, ATV, and other property insurance. So agencies even offer add-on plans for travel and vacation mishaps.
Pay Your Policy in Full
You can save a considerable amount on your policy by paying the premium in full rather than in installments. Some agencies will work with you to set up a payment plan if you have difficulty affording the entire amount at once.
Drive Safely
When you’re a defensive and careful driver, your car breaks down less frequently, and you’re significantly less likely to get in a collision. Any accident, whether it was your fault or not, whether you damaged a car or property, or any injuries, will raise your premiums for a while. Avoid this by driving extra carefully. Park safely in your neighborhood. If your neighborhood has is a high crime area, consider parking off the street when possible. This reduces theft, vandalism, and damage to cars.
Keep up on Maintenance
While this isn’t insurance-related, keeping your car in tip-top operation will ensure infrequent breakdowns. Fewer breakdowns mean you won’t need to use that roadside towing service your insurance comes with, and that service won’t affect your rates.
Shop around for the cheapest car insurance in Michigan that meets your needs. Be sure to review your coverage annually and get quotes from multiple insurers to ensure you get the best possible rate. Consider a higher deductible and take advantage of discounts to save even more on your premiums. Drive carefully and be mindful of property and other drivers in your area. Finally, use public transportation when possible to lower your rates even further.
