Car insurance policies are expensive in Michigan. The average auto insurance cost in Michigan is $2,610 per year — more than the national average by 82.9%.
But car insurance prices are dictated by factors aside from the state in which you live. Car insurance rates price based on a number of details, including a motorist's age, gender, marital status, credit, and driving history.
We examined average Michigan car insurance premiums by each of the major rating components. See below how much auto insurance costs in your state — or submit your zip to see personalized quotes from leading car insurers.
Mean Car Insurance Expenditure in Michigan by Age
It's a common phenomenon: as you grow older, your auto insurance expenditures change. As a general rule, car insurance is pricier for young drivers and teens, as insurers view newer drivers as more risky.
In Michigan, auto insurance costs $10,300 per year for a 16-year-old driver, compared to $2,296 per year for a driver in his or her 50s.
MICHIGAN AUTO INSURANCE RATES BY AGE BRACKET
|Age||Average Annual Premium|
Mean Car Insurance Rates in Michigan by GenderWhile gender doesn’t have as large an impact on car insurance premiums as location or age, it is utilized as a rating factor. Men pay less than do women for car insurance in Michigan, but the difference is just $57.53 annually.
MICHIGAN AUTO INSURANCE PRICES FOR MEN AND WOMEN
|Gender||Average Yearly Rate|
Average Auto Insurance Rates in Michigan by Marital Status
One benefit of wedlock — aside from the wedding gifts — is the improved deal you may get on your car insurance policy. In Michigan, married drivers save $38 annually on car insurance. This is a smaller discount than the national average of $76.
MICHIGAN CAR INSURANCE COSTS BY MARITAL STATUS
|Marital Status||Average Annual Rate|
Average Auto Insurance Rates in Michigan by Credit
Car insurance companies use credit history to gauge how reliable a client will be. Historical trends indicate drivers with excellent credit are usually more dependable auto insurance clients: they are less likely to file claims that cost auto insurance companies money.
In Michigan, a driver who has exceptional credit can save $4,203.16 annually in insurance payments, compared with a driver who has a bad credit score. Read more about how credit history can affect car insurance premiums:
MICHIGAN CAR INSURANCE EXPENDITURES BY CREDIT LEVEL
|Credit Quality||Average Annual Rate|
|Very Poor (300-579)||$6,300.32|
|Very Good (740-799)||$2,712.51|
Average Auto Insurance Costs for Bad Drivers in Michigan
If you’re defined as at fault after an accident or convicted of a vehicular infraction, your insurance premiums are bound to grow. The more violations you accumulate, the more costly your car insurance becomes.
In Michigan, your first minor at-fault accident leads to a penalty of $1,082.89 annually in auto insurance payments. A DUI — considered one of the most grievous vehicular violations — will lift your yearly insurance rates in Michigan by as much as $4,485.01.
MICHIGAN AUTO INSURANCE PREMIUMS AFTER VIOLATIONS
|Age||Average Annual Premium|
|At-Fault Accident (<$1,000)||$3,693.38|
|At-Fault Accident ($1,000-$2,000)||$3,877.33|
|At-Fault Accident (>$2,000)||$3,693.38|
|Speeding (21-25 MPH > limit)||$4,278.69|
|Speeding (16-20 MPH > limit)||$4,278.69|
If your premiums are above-average, it's worth policy shopping to get reasonably priced insurance coverage that fits your needs.