Are you buying car insurance Flint, Michigan? If you know where to look and how to compare quotes, you can find an insurance policy that providers you with the coverage you need, at an affordable rate.
How Much is Car Insurance in Flint, Michigan?
Car insurance in Flint, Michigan, can be costly as the state of Michigan is one of the most expensive when it comes to car insurance. If you drive a vehicle in Michigan, you must carry car insurance. You may decide to carry the minimum requirements, or you may opt for a full coverage policy.
According to ValuePenguin, the average cost of car insurance in Flint, Michigan, is $3901 per year. That is more expensive than the state’s average of $3096, and the national average of $1548.
Car Insurance Laws in Flint, Michigan
It is important to know Michigan’s insurance laws when shopping around for the best rates. All drivers in Michigan must have:
- Liability insurance: Liability insurance covers damages that you cause to others. Michigan requires a minimum of $20000 bodily injury per person and $40000 per accident and $10000 property damage liability per accident.
- Personal property insurance (PIP): Personal property insurance covers damages that you cause to other’s property.
- Personal injury protection: Personal injury protection covers you and your passengers, regardless of who is at fault.
In Michigan, PIP coverage is limitless. This means that there is no limit and the policy covers the complete cost of your medical bills, regardless of what they cost. Depending on your insurance needs, it may also make sense to increase your minimum limits in the other areas of coverage.
Flint, Michigan, can be a little higher than other cities in Michigan because of the high rate of accidents. The state is also a no fault auto insurance state. This means that unlike other states, if you are in an accident, you will turn to your own insurance company, regardless of who is at fault for the accident. This often leads to higher insurance rates. Michigan also has three types of car insurance, which include limited, standard, and broad form.
Factors That Affect Your Insurance Rates in Flint
There are a few factors that go into calculating your insurance rates in Flint, Michigan, including:
- Your age
- Driving record
- Vehicle’s make and model
Beginning in July 2020, Michigan now prohibits insurance providers from basing rates on gender, marital status, credit score, educational level, occupation, zip code, or homeownership, according to information from AutoInsuranceEZ. New Laws in Michigan also allow you to reduce your personal injury protection or PIP insurance limits.
Flint, Michigan, Insurance Rates and Age
Your age has a big impact on how much you pay in insurance rates. Younger drivers, especially those in their teens, will pay the highest rates. Drivers in their 50s usually pay the cheapest rates in Flint, Michigan. According to AutoInsuranceEZ, even drivers in their 20s pay a lot less than when compared to teen drivers, with a difference of as much as $6250 per year.
Younger drivers in Flint, Michigan, will usually need to find ways to save. If you’re a teen driver who also receives good grades, you may receive a good student discount. Some insurance providers also allow teen drivers to take a defensive driving course in return for discounts.
Flint, Michigan, Insurance Rates With Traffic Violations
Traffic violations can also lead to higher rates in Flint, Michigan. Avoiding at-fault accidents and speeding tickets is one of the best ways to get affordable insurance rates. A reckless driving charge in Michigan can lead to an increase in rates of as much as $8231 per year. Even a speeding ticket can lead to an increase of $2595 per year.
How Your Vehicle Affects Insurance Rates in Flint, Michigan
The make and model of the vehicle that you drive also makes a difference in your rates. Vehicles that have a higher value and that cost more to repair or replace will usually lead to a higher insurance rate. Luxury cars are especially costly to repair, meaning they often have the highest insurance rates. Additionally, most drivers prefer to buy full coverage on vehicles that have a higher value.
Before buying a car, it can be helpful to consider how much insurance will cost. You can shop around and obtain quotes from different providers before buying the car to get an idea of how much it will cost.
How to Get the Best Insurance Rates in Flint, Michigan
Even though Flint, Michigan, has some of the highest insurance rates, there are ways that you can save. If you want affordable insurance rates, it is important to shop around. Obtain multiple quotes from different providers to find the best rates. In addition to price, you also want to pay attention to things like the level of coverage the policy includes and customer satisfaction ratings. Here are a few other ways you can save:
- Bundle your policies together: Bundling other insurance policies, like a homeowner’s or motorcycle insurance, can help you save.
- Consider your deductible cost: You can usually adjust your deductible for a more affordable monthly payment. Just keep in mind, this means you will have to pay more if you need to file a claim.
- Maintain a violation-free record: Avoiding speeding tickets or other charges can help you keep your rates low.
- Stay on your parent’s policy longer: Younger drivers may choose to stay on their parent’s policy longer to keep their insurance rates more affordable.
In addition to price shopping when first buying insurance, it can also be a good idea to also obtain quotes every six months. If your insurance company increases your rates, it is time to find out what providers offer.
Car insurance Flint, Michigan, rates can be high. If you know where to look and what factors to compare, however, you can find an insurance policy that works for your needs. Check this out if you need additional information, resources, or guidance on car insurance.
Sources:
Car Insurance in Flint, MI I valuepenguin.com
Flint, MI Auto Insurance I Cheap Car Insurance in Flint MI I autoinsuranceez.com
Average Car Insurance Rates by Age and Gender: Everything You Need to Know I caranddriver.com
Car Insurance in Michigan: Everything You Need to Know I caranddriver.com
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