Michigan insurers typically offer discounts that fall into one of three categories: policy discounts, driver discounts, and vehicle discounts. Just about anyone can get a discount on car insurance in Michigan because most insurance companies make it easy to qualify for a variety of savings. Car owners can be a good fit for any driver who has a good credit score. Not only does the company offer low average rates, but it can also include additional types of coverage for greater protection.
Auto-Owners sells a variety of promotions, such as supplemental insurance, reduced-value coverage, roadside assistance and the Personal Automobile Plus package, which includes 10 additional types of coverage, such as mobile phone replacement insurance. Auto-Owners also offers several discounts. Many insurance companies offer discounts that can lower your premiums. These discounts can include a discount for driving if you haven't had an accident recently, or discounts for multiple vehicles and policies if you insure multiple vehicles or have different types of insurance from the same company.
You can also qualify for a discount depending on your affiliations, for example, to an alumni association or through your employer. USAA sells auto insurance to active and retired military service members and to eligible family members. Geico's car insurance coverage options are somewhat limited, but there are more than a dozen discounts available. Some states, including California, Hawaii, Washington, Massachusetts and Michigan, strictly limit or completely prohibit the use of credit information by insurance companies to determine auto insurance rates.
According to research by Bankrate, USAA, Erie and Auto-Owners offer some of the best car insurance for good credit. In addition, many insurance companies offer discounts for multiple vehicles, which can make you get a cheaper rate if you and your spouse insure your vehicles with the same insurance provider or also have home insurance. You can prove your financial responsibility by maintaining minimal car insurance with no gaps in coverage. You can get discounts on auto insurance in Michigan depending on how you drive, the car you own, and your relationship with your insurance company.
While credit ratings try to predict the likelihood that a consumer will be 90 days late on a payment over the next 24 months, credit-based insurance ratings try to predict the likelihood that a consumer will file insurance claims that will cost the company more money than it collects in premiums. Many auto insurance companies use a credit-based auto insurance score to decide if they take out you as a policyholder, as well as the premium you'll pay if they do. While Michigan doesn't have a program for people with low incomes, drivers can find affordable insurance using things like discounts for valid drivers. Some insurance providers may allow drivers to attend an approved driver training class if they are under 21 in exchange for an insurance discount.
Car insurance for people with low incomes is a good option for drivers who can't afford their own private insurance policy. Currently, insurance companies in California, Hawaii, Massachusetts and Michigan cannot review your credit history before selling you a policy. The cheapest cities in Michigan for auto insurance are Ann Arbor, Georgetown, Pittsfield, and Midland. It helps manage the creation of insurance content that meets the highest quality standards in terms of accuracy and clarity to help Bankrate readers search for complex information on home, auto and life insurance.