We know citizens of Michigan are doing their best to abide by the state law and carry the required amount of auto insurance. We also know they are trying to find ways to cut back on expenses and save money wherever possible. Perhaps the suggestions below can help the drivers of Michigan not only save money on their policies but move forward in their understanding of insurance and get closer to full coverage.
Can I Save Money On Required Liabilities?
State legislation has declared a minimum requirement of coverage that must be purchased by every driver on the road, which is personal protection insurance for $1 million, personal injury protection, residual bodily injury for $20,000 per person and $40,000 per accident, and finally $10,000 in property damage liability. Combined, these mandatory coverage types will pay for the other party’s property damage, their medical bills, and your medical bills. There is no way to lower the amount that is required to be carried because it has been said as being mandatory by the state. Drivers who have carried higher amounts of these coverage types can lower their amounts to these stated minimums to help save money on their premium, but in the long run it may cost the driver more to pay less now and then in an accident situation pay out of pocket for expenses no longer covered. This thought should also be heavily considered when thinking about only carrying the state required amounts and nothing more to try and save money.
What Coverage Is Necessary For MI Drivers?
As mentioned earlier, all drivers who live in Michigan must purchase personal protection insurance, personal injury protection, residual bodily injury liability, and property damage liability. Any other coverage is extra and can be added on to the policy for a price.
What Coverage Is Available In Michigan?
Each insurer in Michigan offers different coverage options so it’s best to check with your current insurer or prospective insurers to see what is offered. As a general rule of thumb, most insurers offer coverage types that will give the policyholder and members the ability to expect the insurer to pay for their accident related medical bills and property damage. There are also other add-ons that will cover rental cars or help with paying for a rental car when your vehicle is in the shop because of an accident. Options regarding towing services are also available. Figure out what you coverage you need to properly protect your assets and policy members, know your budget, and decide what coverage you can afford.
Where To Find Cheap MI Coverage
The best place to find coverage for Michigan drivers at a low price is right here at OnlineAutoInsurance.com. We have come together with auto insurance companies to match drivers with low prices. These companies are found in the local Michigan area so all drivers in MI can utilize our service. Not only can we tell motorists the companies who are offering insurance, we can show you what prices they are charging other drivers with the same background and needing the same coverage. Anyone interested in finding a lower price for their current coverage should continue on.
To begin this process, start by typing in your local Michigan zip code in the white box either in the middle of our homepage or at the top of almost any of our webpages throughout the site. When we know the local zip code we can find insurers who are located as close to you as possible. After this has been entered in, a new page will open that contains a list of questions. These questions are relatively easy to fill out; they are asking for basic information about the driver, their vehicle they would like to purchase insurance for, and the type and amount of insurance to be added to the policy. Knowing this information beforehand will help the answering process go very quickly. To help the applicant prepare, we’ll go over a few things that will be asked.
Information about the driver will probably be the easiest to fill out, especially if it’s the driver who is answering the questions and not another person. We need to know things like their name, age, address, and most importantly their driving history. For the vehicle, we’ll need the VIN, current mileage, estimated annual mileage, and possibly the condition of the vehicle. The coverage that is wanted will be in addition to what is required by the state. There is a list of options the applicant can highlight and include the amount you would like to purchase as well. For more information about what these options entail, you can search through more of our articles found on this site.
Once the answers have been entered and the entire application submitted, the driver will be given a list of quotes from insurers. That’s right, the driver answers one set of questions and in return is given a number of quotes. We claim this is the fastest and easiest way to gather quotes, especially when compared to contacting each individual insurer, asking each representative the same question, and then moving on to the next company. You can compare the prices and the companies on the list and if desired, purchase a policy directly from the quote page. This process is also less intimidating that traditional methods of speaking with representatives who can sometimes be pushy.
How To Save Money
The best way to save money on a policy is by going through our quotes and finding the lowest price, and then taking advantage of the discounts that are offered by the insurer. Driving an insurance friendly vehicle will also help Michigan drivers save on their insurance. Getting smart and sometimes creative can get a driver’s premium to stay low, which is important so every driver can afford their insurance policy.
Now that you know what needed for Michigan auto insurance, where to find it and how to save on the premium, there is no excuse about not having car insurance. Because it’s a state law that all drivers have insurance, drivers should do everything possible to get that insurance and try to make it fit into their budgets. OnlineAutoInsurance.com is committed to helping people get there by allowing people to use our quote comparison tool and read through our vast library of articles for free.
