michigan auto insurance rates Archives

Michigan auto insurance is unaffordable to 97 percent of ZIP codes, says UM study

March 28, 2019March 28, 2019 Nordstrom

Nearly every ZIP code has car insurance premiums greater than 2 percent of household income. Michigan auto insurance rates are too high to be considered affordable to people living in 97 percent of the ZIP codes across the state, says a new University of Michigan study. The research was conducted by Poverty Solutions, the university’s campus-wide think tank. The study determined that the cost of auto insurance represented too much of a household’s income. What the researchers found was that in 97 percent of the ZIP codes across the state,…

Michigan auto insurance rates are increasing yet again

April 3, 2018April 2, 2018 Nordstrom

Michigan Auto Insurance Rates - Graph - Auto Insurance rates on the rise

Drivers throughout the state are bracing to once again pay more for their no-fault coverage. Michigan auto insurance rates are about to head upwards yet again. Motorists are accustomed to seeing their premiums rise as a result of the ever-increasing no-fault coverage fees. Now, many will need to tighten belts even further to help them afford the new rates in the state. The rising Michigan auto insurance rates have been problematically high for several years. The upward trend of coverage costs has been a persistent one. State lawmakers have repeatedly…

Michigan auto insurance rates are highest of any U.S. state

February 8, 2018February 7, 2018 Nordstrom

Newly released survey results show that drivers in the state aren’t wrong about how much they’ve been paying. It shouldn’t come as much of a surprise to know that Michigan auto insurance rates are high. Drivers in the state have been complaining about their premiums for years and lawmakers have made several attempts to alter this situation. A recent survey has confirmed yet again that Michigan drivers are indeed paying more than any other state. The survey confirmed that Michigan auto insurance rates are in fact the highest, on average,…

Michigan has the highest auto insurance rates in the country

April 30, 2015April 28, 2015 Logan B.

Auto insurance premiums are higher in Michigan than in any other state Michigan is home to the highest auto insurance rates in the United States, according to a new report from InsuranceQuotes.com. Insurance costs for drivers throughout the state are quite high and have been on the rise for some time. There may be a clear reason for this, as Michigan is the only state in the country that offers unlimited lifetime personal injury protection. The state is also home to one of the largest numbers of uninsured drivers in…

Auto insurance rates are on the rise for Michigan drivers

April 1, 2013April 30, 2013

The no fault coverage for the motorists across the state is about to become more expensive. The latest reports from Michigan have shown that the cost of auto insurance per vehicle will be increasing by 6 percent, to an average of $186 percent for coverage of injuries resulting from crashes. The increases are expected to be put into place by July 1, said an industry board. The announcement of the new higher fee was made by the Michigan Catastrophic Claims Association (MCCA). At the moment, the cost of the coverage…