Average Monthly Car Insurance Payment Michigan

Michigan is by far the most expensive state for auto insurance in the us.

Average monthly car insurance payment michigan. The difference between the cheapest car insurance state maine and the most expensive michigan is 1 081 per six month policy period. Car insurance for people under 25 years of age is typically quite high. Teens and young drivers are inexperienced behind the wheel and statistics show they as a class in whole are more likely to be in accident than other age groups which makes them a high. Average monthly car insurance rates by state are outlined in the chart below.

But every person s quote will be different. Age avg monthly rate. Your car insurance costs are impacted by more than just the state in which you live. This means drivers in michigan pay over 180 per month more for car insurance than do mainer drivers.

This bears out when you look at average car insurance rates by age. 3 466 average annual premium. That gap narrows for 30 year olds where men pay 100 44 per month for auto insurance while a 30 year old woman on average 102 11. Our guide to buying car insurance for michigan drivers is based on rate data research and expert advice from our veteran staff of insurance analysts and editors.

In michigan the typical teen driver between the age of 16 and 19 will pay 268 11 per month while a driver in their 40s will pay an average of 165 94 per month. Car insurance monthly cost. The second is the lack of strict regulations for medical care fees. You ll see that in all states except michigan car insurance is under 100 a month on average.

Part of the reason michigan car insurance is so expensive is because it is a no. Moving up to 45 years of age men pay 95 78 per month while. In our research we found that average car insurance in michigan is 262 per month for a full coverage policy. The average car insurance rate in michigan is 3 096 per year twice as expensive as the national average making it the most expensive state in america for car insurance.

The first is the mandatory pip coverage with no maximum limit. Learn more about auto insurance rates by state. The average full coverage premium in michigan is 3 141 making them the most expensive state for car insurance. With age comes wisdom and lower car insurance rates up to a point.

According to premium information gathered by business insider the average cost for car insurance between 2017 and 2019 was 1 566 per year. The 10 most expensive states for car insurance in 2020 1. Car insurance costs vary by region as well.