Average Cost of Car Insurance in Michigan for 2022 – Bankrate.com

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Coverage.com, LLC is a licensed insurance producer (NPN: 19966249). Coverage.com services are only available in states where it is licensed. Coverage.com may not offer insurance coverage in all states or scenarios. All insurance products are governed by the terms in the applicable insurance policy, and all related decisions (such as approval for coverage, premiums, commissions and fees) and policy obligations are the sole responsibility of the underwriting insurer. The information on this site does not modify any insurance policy terms in any way.
Rick Hoel is an international business attorney and legal and insurance writer for Bankrate as well as Reviews.com and Accessibility.com. Over the last several years, he has covered topics dealing with personal and commercial insurance and technology and the law. Rick is General Counsel and Director of Risk Management and sits on the Board of Power Stow Americas Inc., a subsidiary of Power Stow A/S in Denmark, the world leader in the supply of tracked conveyor systems to the airline industry.
Angelica Leicht is an insurance editor on the Bankrate team. She is truly passionate about helping readers make well-informed decisions for their wallets, whether the goal is to find the right comprehensive auto policy or the best life insurance policy for their needs.
Mark Friedlander is director of corporate communications at III, a nonprofit organization focused on providing consumers with a better understanding of insurance.
Michigan drivers pay more than the national average cost of car insurance, with an average price tag of about $2,345 per year for full coverage and $946 per year for minimum coverage car insurance, according to Bankrate’s analysis of average rate data. Several factors likely contribute to the above-average cost of owning and insuring a car in Michigan, such as Michigan’s higher minimum coverage requirements compared to other states, and its no-fault insurance laws. Bankrate shares more about how car insurance costs are determined in Michigan, along with what may help them to save on their policy.
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Coverage.com, LLC is a licensed insurance producer (NPN: 19966249). Coverage.com services are only available in states where it is licensed. Coverage.com may not offer insurance coverage in all states or scenarios. All insurance products are governed by the terms in the applicable insurance policy, and all related decisions (such as approval for coverage, premiums, commissions and fees) and policy obligations are the sole responsibility of the underwriting insurer. The information on this site does not modify any insurance policy terms in any way.
Save on auto insurance with quotes from trusted providers like
Drivers switch & save an average of $750+/year
Are you overpaying for auto insurance?
Safe drivers choose Allstate®
Coverage.com, LLC is a licensed insurance producer (NPN: 19966249). Coverage.com services are only available in states where it is licensed. Coverage.com may not offer insurance coverage in all states or scenarios. All insurance products are governed by the terms in the applicable insurance policy, and all related decisions (such as approval for coverage, premiums, commissions and fees) and policy obligations are the sole responsibility of the underwriting insurer. The information on this site does not modify any insurance policy terms in any way.
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The average cost of car insurance in Michigan is $946 per year in 2022 for minimum coverage, while full coverage car insurance costs an average of $2,345 annually. This is according to Bankrate’s study of 2022 average annual premiums from Quadrant Information Services. The cost of car insurance is dependent upon many factors, including driving records, annual mileage, location, age and more. However, car insurance companies in Michigan are not allowed to consider your credit score or gender when calculating your premium
Coverage.com, LLC is a licensed insurance producer (NPN: 19966249). Coverage.com services are only available in states where it is licensed. Coverage.com may not offer insurance coverage in all states or scenarios. All insurance products are governed by the terms in the applicable insurance policy, and all related decisions (such as approval for coverage, premiums, commissions and fees) and policy obligations are the sole responsibility of the underwriting insurer. The information on this site does not modify any insurance policy terms in any way.
The average annual premium for full car insurance coverage in Michigan is $2,345. Residents of large metropolitan areas typically pay higher rates for car insurance, especially when compared to the state average for both minimum and full coverage. In fact, Michigan residents in Detroit and Dearborn pay high rates.
Michigan has a large number of licensed drivers and, as a result, many options for residents to choose a good car insurance policy. Every car insurance company also calculates their own rate and risk profiles differently, which could result in premium differences for drivers. Because Michigan is one of the costliest states to purchase car insurance, it could pay to shop carefully and take advantage of all available discounts. The following table lists average 2022 rates as provided by Quadrant Information Services:
Coverage.com, LLC is a licensed insurance producer (NPN: 19966249). Coverage.com services are only available in states where it is licensed. Coverage.com may not offer insurance coverage in all states or scenarios. All insurance products are governed by the terms in the applicable insurance policy, and all related decisions (such as approval for coverage, premiums, commissions and fees) and policy obligations are the sole responsibility of the underwriting insurer. The information on this site does not modify any insurance policy terms in any way.
Rates vary considerably depending on a driver’s age and years of driving experience. For this reason, younger and newer drivers pay significantly more for car insurance compared to older, more experienced drivers. Below is an analysis of Michigan car insurance rates by age, with all drivers having a clean driving record. Rates may vary for young drivers depending on whether they’re on their parent’s policy or on a separate policy.
Most young drivers are added to their parent’s policy once they start driving, but the cost can still be quite high. On average, 16-year-olds pay some of the most expensive car insurance rates when compared to all age groups. However, researching car insurance discounts for teen drivers could help reveal some helpful savings opportunities.
Young drivers who have left home and own a car registered to their own name will usually be expected to have their own car insurance policy. It can be very expensive, as is apparent when comparing the rates for an 18-year-old in Michigan on their own policy compared to an 18-year-old on their parent’s policy. Over time, as drivers gain more experience, car insurance companies consider them to be less risky, as shown by the average rates for adult drivers aged 30 to 60-years-old.
Depending on the severity of an incident, you could be in for a major jump in car insurance premiums due to having a driving infraction on your record. A minor infraction, like a speeding ticket, results in a 19% increase in premiums on average, while a major infraction like a DUI could raise rates by as much as 166% or more on average.
The make and model of a car is important when determining car insurance rates. Insuring a luxury vehicle, for example, may result in higher insurance rates because of expensive repair costs and pricey parts. And while economy cars may be relatively affordable, it’s also possible that the car insurance premiums for these vehicles are higher than expected due to their popularity and, in turn, the increased likelihood of being involved in more accidents. The table below offers average full coverage rate information for vehicles that could be suited to a variety of lifestyles.
There are a number of ways Michigan drivers may be able to get cheap car insurance. Here are some options you may want to consider:
There are many other potential auto insurance discounts such as bundling home and auto coverage, senior discounts and discounts for paying premiums in an annual lump sum or by automatic deduction from a bank or credit card account. Ask what discounts carriers you are interested in might offer.


Bankrate’s study of the best car insurance companies in Michigan found that USAA, Geico and Travelers offered some of the best coverage options for drivers in the state. However, each driver’s wants and needs are unique, so these companies may not be the perfect fit for every driver. Researching your options, understanding your needs and shopping around could help you find the best car insurance company in Michigan.
Based on Bankrate’s study of 2022 rates, we found that some of the cheapest car insurance companies in Michigan were Travelers, Secura and Wolverine Mutual for minimum coverage. Secura, USAA and Geico offered some of the cheapest average rates for full coverage. Rates will vary for every driver, however, so it can be helpful to request a quote to see how much your premium might be with a specific carrier.
Bankrate utilizes Quadrant Information Services to analyze 2022 rates for all ZIP codes and carriers in all 50 states and Washington, D.C. Quoted rates are based on a male and female driver with a good credit and the following full coverage limits:
To determine minimum coverage limits, Bankrate used minimum coverages that meet each state’s requirements. Our base profile drivers own a 2020 Toyota Camry, commute five days a week and drive 12,000 miles annually.
Driving record rates were calculated by evaluating our base profile with the following incidents applied: clean record (base), at-fault accident, single speeding ticket, single DUI conviction.
Age: Rates were calculated by evaluating our base profile with the ages 18-60 (base: 40 years) applied. Depending on age, drivers may be a renter or homeowner.
Model: To determine cost by vehicle type, we evaluated our base profile with the following vehicles applied: BMW 330i, Toyota Camry (base), Ford F-150 and Honda Odyssey.
Rick Hoel is an international business attorney and legal and insurance writer for Bankrate as well as Reviews.com and Accessibility.com. Over the last several years, he has covered topics dealing with personal and commercial insurance and technology and the law. Rick is General Counsel and Director of Risk Management and sits on the Board of Power Stow Americas Inc., a subsidiary of Power Stow A/S in Denmark, the world leader in the supply of tracked conveyor systems to the airline industry.
Angelica Leicht is an insurance editor on the Bankrate team. She is truly passionate about helping readers make well-informed decisions for their wallets, whether the goal is to find the right comprehensive auto policy or the best life insurance policy for their needs.
Mark Friedlander is director of corporate communications at III, a nonprofit organization focused on providing consumers with a better understanding of insurance.
Bankrate.com is an independent, advertising-supported publisher and comparison service. Bankrate is compensated in exchange for featured placement of sponsored products and services, or your clicking on links posted on this website. This compensation may impact how, where and in what order products appear. Bankrate.com does not include all companies or all available products.
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