What are the requirements for auto insurance in Michigan?

What is required for auto insurance in Michigan?

Minimum insurance requirements for Michigan

The minimum amount of Michigan auto insurance coverage is $50,000/$100,000/$10,000. In the event of a covered accident, your limits for bodily injury are $50,000 per person, with a total maximum of $100,000 per incident.

What are the prior insurance requirements for Michigan auto policies?

Before and After: Personal Injury Protection (PIP)

  • Unlimited coverage per person per accident. …
  • Up to $250,000 in coverage per person per accident.
  • Up to $500,000 in coverage per person per accident.
  • Up to $250,000 in coverage per person per accident with exclusions. …
  • Up to $50,000 in coverage per person per accident.


What is Michigan State minimum for car insurance?

Michigan state law requires you to carry a minimum amount of car insurance. … The bare minimum car insurance requirement for Michigan drivers is: $20,000 bodily injury per person per accident. $40,000 bodily injury for all persons per accident.

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How much is car insurance per month in Michigan?

Car insurance in Michigan costs $159 per month, on average, or $1,908 per year. The average cost of car insurance in Michigan is 165% higher than the national average auto insurance premium, and Michigan ranks 50 out of 50 for the most affordable car insurance rates in the U.S.

Do you have to have full coverage in Michigan?

Liability coverage is legally required in Michigan. It pays for bodily injuries and property damage of those that you harm in an at-fault accident. It also pays for the injured party’s lost wages and pain and suffering. Your liability coverage never pays for your injuries or damages to your property.

Is Michigan getting rid of no-fault insurance?

On July 2, 2020, many changes to the existing no-fault auto insurance law will take effect, including giving Michigan drivers a choice in their level of PIP coverage. Under the new plan, drivers will be able to choose from up to six options for Personal Injury Protection coverage.

For what reasons can you be denied auto insurance in the state of Michigan?

Reasons for Denial

You can be turned down for automobile insurance if: and administrative costs. You are not required by law to have insurance because you do not plan to live or drive in Michigan for 30 or more days. Your driver’s license is suspended or revoked.

Why is Michigan auto insurance so high?

High Number of Uninsured Drivers

Michigan is one of the U.S. states with the highest number of uninsured drivers. About 20 percent of Michigan drivers lack auto insurance. To cover this income deficit, insurance companies in Michigan charge high premiums for their policies.

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Who has cheapest car insurance in Michigan?

The cheapest car insurance companies in Michigan

Car insurance company Average annual premium for minimum coverage Average annual premium for full coverage
Progressive $683 $1,394
Auto-Owners $827 $1,982
AAA $893 $2,221
Pioneer State $927 $1,975

What is considered full coverage auto insurance in Michigan?

Full coverage insurance in Michigan is usually defined as a policy that provides collision and comprehensive insurance plus at least the state’s minimum required coverage: $50,000 in bodily injury coverage per person (up to $100,000 per accident) and $10,000 in property damage coverage.

How long do you have to get insurance after buying a used car in Michigan?

The Michigan new-car insurance grace period is 2 to 30 days in most cases. The new-car grace period is how long insured drivers are allowed to drive a newly purchased vehicle before adding it to an existing car insurance policy.

How expensive is auto insurance in Michigan?

Auto insurance is expensive in Michigan. The average car insurance rate in Michigan is $2,610 per year — more than the national average by 82.9%.

Who has the cheapest full coverage insurance in Michigan?

Cheapest full coverage car insurance in Michigan for 50-year-olds

  • Wolverine Mutual: $815 per year.
  • Secura: $928 per year.
  • Esurance: $1,166 per year.
  • Geico: $1,289 per year.
  • Hastings Mutual: $1,313 per year.

How much is car insurance for a 22 year old in Michigan?

Auto insurance policies in Michigan were by far the most expensive state for 22-year-olds, at an annual cost of $12,013, or nearly three times the national average.

Cheap car insurance for 22-year-olds by state.

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State Average annual premium for 22-year-old
Florida $5,017
Michigan $12,013
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