Car Insurance Monthly Cost Michigan
Car insurance in michigan costs three times more than it does in our cheapest state maine where the average premium is a mere 912 a year.
Car insurance monthly cost michigan. Car insurance premiums incorporate an array of considerations including your driving record credit history gender age and marital status. Drivers with a bad driving history that may include tickets dui or accidents will typically pay 18179 per month. But insurance rates in michigan and elsewhere can vary widely based on the policy you select your driving history your location and other factors. Drivers in michigan with a good driving history usually pay around 16709 per month.
The state has the second highest insurance rates in the nation on average according to nerdwallet analysis. And the average cost of car insurance in michigan is the highest in the country. Rates are based on buying just the state minimum required to drive legally assuming good credit and a clean driving record. We examined the average cost of car insurance by state to help drivers estimate how much they should be paying for coverage.
The average car insurance rate in michigan is 3141 a year for a full coverage policy with a 500 deductible or about 262 a month. Car insurance monthly cost. The average car insurance rate in michigan is 3096 per year twice as expensive as the national average making it the most expensive state in america for car insurance. How much is car insurance in michigan.
This is a stunning 489 more than second place louisiana and a whopping 90 higher than the national average of 1517. After collecting quotes from top insurers across the country we found the average auto insurance rate to be 2390 per year or 200 per month. Because costs vary. Safe driver no prior tickets dui or accidents.
Car insurance cost for an 18 year old female. Easily compare insurance rates from top companies with only honest reviews on our website. Youll see that in all states except michigan car insurance is under 100 a month on average. The average cost for insurance for an 18 year old female is 4772.
Your car insurance costs are impacted by more than just the state in which you live. Save time money when searching for the best rated life home auto or health insurance online. Thats for a policy of her own that includes comprehensive and collision coverage with liability limits of 100300100. 2641 for a six month policy or 5282 per year.