According to Bankrate’s 2021 study on annual premiums, Detroiters pay $2,100 minimum coverage and $5,046 full coverage. The prices are reasonable, even though they are significantly higher than the state and national averages. In 2017, there were 55,001 accidents in Detroit, with 147 of them being fatal. It is essential to have adequate car insurance to cover against traffic accidents due to the congestion and busy streets of Detroit.
We looked at many factors in order to find affordable and adequate insurance. These factors included customer satisfaction scores and third-party ratings. We also looked at the average price for full or minimum coverage.
Detroit’s best car insurance companies
J.D. was our first choice for cheap Detroit car insurance. J.D.’s Power scores (an independent third-party review company that measures customer satisfaction), the average premium amount, and available discounts are all factors we considered when determining the best cheap car insurance in Detroit. These are the top-rated car insurance companies in Detroit.
Auto-Owners provides a wide range of coverage options to customers. They currently have 10 options available for drivers. Auto-Owners offers unique benefits. Auto-Owners will waive your deductible if you are involved in an accident with another member of Auto-Owners. Renting a car? Auto-Owners covers you for all the coverages on your policy. Auto-Owners is unique because it covers both classic and modified cars, something that isn’t available with national carriers.
Geico is not the most affordable provider in Detroit, but it does have the highest customer satisfaction scores in the North Central Region. Geico’s services are generally satisfactory when customers have a problem.
Geico offers many ways for customers to save on their premiums. Geico is the Detroit’s most popular company, offering the best discounts. Drivers can save up to 25% by taking advantage of discounts.
MetLife is a great company if you want to bundle your car insurance and another product such as renters or home insurance. Customers who combine both insurances save an average $591 per year.
MetLife is also technologically up-to-date. MyJourney, a free app that tracks your driving habits and helps you avoid distracted driving, is available for download. MetLife is an innovative, forward-thinking company.
Progressive is giving Geico a run for their money when it comes discount offers. Progressive states that at least 99% of its customers are eligible for at least one discount. Progressive’s “Name Your Price” tool is a favorite. Progressive’s Name Your Price tool allows you to tell them what your budget for a policy is and Progressive will give you options. Progressive will tell you the rates that you might get from another company if your shopping around.
J.D. scores Travelers high on customer satisfaction It’s also one of few companies that offers a discount when you drive a hybrid. Travelers’ IntelliDrive program is our favorite thing about them. You can let Travelers use a smartphone app to analyze your driving habits. If Travelers is satisfied with what it sees, they will give you a discount to drive safely.
Detroit has the cheapest car insurance
Michigan drivers pay $995 per year for minimum and HTML375 for full coverage. This contrasts with Detroit drivers who pay $5046 per year for full coverage and $2100 for minimal coverage.
These companies have the lowest car insurance prices in Detroit, according to our research:
Although not all companies made our top five list for Detroit’s best providers, they are still outstanding car insurance companies.
USAA offers discounts to military personnel, both active and retired. You can get up to 60% off your premium if you need to park your car for a long time with USAA.
Travelers offers a wide range of coverage options including accident forgiveness. Metlife and Progressive both offer great discounts. Auto-Owners provides excellent roadside assistance. Each provider is an excellent choice if you are looking for the best auto insurance in Detroit.
Detroit insurance requirements
Michigan is a state that does not have fault. This means that you will be responsible for filing a claim against your insurer for injuries sustained in an accident.
Michigan law currently requires all drivers to have a minimum of a 50/100/10 insurance policy. If you are involved in an accident, your provider must provide coverage up to:
- $50,000 per person to cover bodily injury liability
- $100,000 per accident bodily injury liability
- $10,000 for property damage liability
Property protection insurance (PPI) is required for all Michigan drivers. PPI covers damage to property (buildings, fences, etc.) and damage to vehicles parked in Michigan. It can cover up to $1,000,000. PPI doesn’t pay for damage to other moving vehicles.
Michigan is a no fault state and therefore drivers in Michigan must have PIP coverage. You have six options for PIP coverage in Michigan.
- Unlimitted coverage
- Coverage up to $500,000
- Coverage up to $250,000
- For those whose non-Medicaid insurance covers auto accidents injuries, coverage up to $250,000 with medical exclusion
- For policyholders who are enrolled in Medicaid and whose family members have an insurance policy that covers accidents-related injuries or health insurance, coverage can be up to $50,000
- PIP medical opt out (for policyholders who are enrolled in Medicaid and whose family members have an insurance policy that covers accidents-related injuries or health insurance)
Although you have the option of opting out of PIP coverage however, there are strict requirements so most drivers will still be covered.
It depends on your individual situation whether this coverage is sufficient. If you lease or finance a vehicle, lenders or finance companies will require that you purchase full coverage. This includes collision and comprehensive coverage for any damages to your vehicle. You may consider purchasing full coverage, even if your vehicle is not being leased or financed.
Detroit car insurance discounts
It is definitely worth your effort to find the best Detroit discounts. These are the ones that we recommend:
- Detroiters can save as much as 15% by taking defensive driving courses. You can usually do it online within an hour or so, depending on which provider you have. After you complete the course, your monthly premium will be reduced.
- Multi-car: If your vehicle fleet includes multiple vehicles, or you and your spouse own one, it is usually better to have everything covered under the same policy. For both your vehicle and your spouse’s, many companies offer discounts of up to 25%.
- Bundling: Many companies offer discounts for homeowners, renters and condo insurance. While the amount you save will vary from company to company, you can see up to 25% reduction in your premium.
- Pay in full: If you have the funds, you could save up to 10% by paying your premium all at once. This amount will be due, so it’s a good idea to save money by paying all upfront.
Questions frequently asked
Which is the best auto insurance company?
Each person’s needs will determine the best auto insurance company. To find the right company for you, shop around and get quotes from different car insurance providers.
Is Detroit home to a large number of uninsured motorists?
Though no information is available for Detroit by itself, Michigan is the fourth worst state for uninsured/underinsured drivers. According to the Insurance Information Institute’s most recent study, 25.5% were uninsured drivers.