New drivers always need car insurance, even while they're learning to drive. The minimum insurance requirements in your state apply to everyone who operates a vehicle, even if they only have one permit. If your teen driver has their learner's permit and plans to start driving, make sure they have car insurance, whether you add it to your policy or buy your own. Any vehicle that is used to transport people in exchange for a fee must be insured by a commercial auto policy.
This includes taxis, limousines, and non-emergency medical transport vehicles (NEMT). Some rideshare vehicles may require commercial coverage. One of the main reasons why car insurance in Michigan is so expensive is that the state requires high levels of liability and PIP coverage. Drivers can also get collector car insurance and non-standard vehicle insurance through the company.
However, drivers who choose not to purchase auto insurance must show that they have sufficient funds to meet the state's financial responsibility requirements (PDF) in the event that they cause an accident. The main thing to keep in mind is that the cost of car insurance in Michigan depends on your individual situation and how the company weighs the different factors. Request a car insurance quote online or call 1-866-749-7436 and we'll help you customize coverage for your family's new driver. If you plan to add or keep a college student in your policy, you must notify your car insurance company before your child moves in.
Most providers offer several discounts that help different types of drivers save money on their car insurance. The table below shows the auto insurance providers that offer the cheapest minimum coverage in the state. Frankenmuth Insurance is a small provider that sells auto, home, life and other insurance products in Michigan and Ohio. Request a car insurance quote online or call 1-866-749-7436 and we'll ask you the right questions to properly insure your college student.
By requiring specific liability insurance for victims of an accident caused by you, they can receive financial help for injuries and property damage without seriously affecting their own financial well-being. For example, depending on the school's zip code, taking out a separate car insurance policy for the student may result in more affordable rates, but that could make it more difficult to share the car when the student is at home. Most states allow college students from other states to remain on their parents' car insurance if their primary address is still the parents' residence. When buying car insurance, it's always important to analyze the discounts offered by each provider and which ones you can choose.