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Michigan's auto insurance average annual premium was $2, in , which was 45 percent more than the rest of the U.S. Costs are even higher if you live in. Key takeaways · Michigan drivers pay an average monthly rate of $74 for minimum coverage and $ for full coverage insurance. · On average, full coverage car. Cheapest Car Insurance in Michigan: Geico Geico has the lowest sample rates in our study, with the average coming in at approximately $1, per year. At the. The cheapest company for bundling auto and home insurance in Michigan is Auto-Owners with an average rate of $3, · The biggest average discount for bundling. How much is car insurance in Michigan? The average cost of liability-only auto insurance in Michigan was $ per month in , based on Progressive. Auto-Owners, USAA and Secura are some of the cheapest car insurance companies in Michigan, according to Bankrate's analysis. Governor Whitmer signed historic bipartisan auto no-fault legislation to lower costs for Michigan drivers, maintain the highest coverage options in the country. Get cheap insurance in Michigan with LA Insurance. Offering auto, motorcycle, renters, and more. Affordable rates and comprehensive coverage tailored to. While Michigan does not have a low-income program, drivers can find affordable insurance by using things like good driver discounts. Policyholders who request a limit less than $, per person/$, per accident will be required to provide a signature certifying that they want a lower. Finding car insurance in Michigan is fast & simple with State Farm®. Review discounts that you may be eligible for to save money. Customize a quote today.
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The law promotes cross-subsidies among consumers and reduces the incentives for many drivers to take precautions that would lower expected accident costs.
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