Auto insurance rates in Detroit are “completely immoral”, says Mayor

detroit auto insurance

There are a range of different factors that have been causing the cost of coverage to skyrocket in the city. Due to the exceptionally affordable rent in Detroit, people in the Millennial generation are flocking to the city in droves, but auto insurance in the region is the most expensive in the country and there is virtually no option for public transportation. This is a problem that Mayor Mike Duggan has taken on, but that is leading him from one frustration to the next. As a part of the effort…

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Detroit Mayor unveils plan for auto insurance

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Mayor Mike Duggan outlines his plan to address insurance coverage in the city Detroit Mayor Mike Duggan has unveiled some details about his plan to lower auto insurance rates in the city. This may be part of an overarching endeavor in Michigan to address the issues regarding the state’s no-fault insurance system and how it is contributing to higher premiums for drivers. Detroit is working to establish an insurance pool for drivers, offering them with affordable coverage that is expected to reduce the financial stress associated with auto insurance. New…

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Auto insurance rates in Detroit continue to be a financial burden

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Insurance coverage for drivers in Detroit continues to grow more expensive Rising auto insurance rates in Detroit may be hindering the city’s economic recovery. Consumers throughout the city have seen their insurance rates soar in the past year. Detroit has been recovering from a record breaking municipal bankruptcy, which has served to make the city somewhat financially unstable. In December of 2014, the city was able to break free of this bankruptcy and its implications, but rising costs of auto insurance coverage could slow further recovery. High insurance rates make…

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Auto insurance rates are high in Detroit

michigan auto insurance

Detroit is home to some of the highest car insurance rates in the country Owning a vehicle in Detroit, Michigan, is quite expensive, according to a new study from InsuranceQuotes.com. The study highlights the cost of auto insurance coverage throughout the U.S., taking note of where insurance rates are highest. Notably, Detroit is home to some of the highest insurance premiums in the U.S. The city’s rates are even higher than those found in New York City, where auto insurance has long been plagued by fraud and other issues. Rates…

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