For student drivers, one of the more important components that are looked at to help calculate the annual cost of car insurance is your address in Detroit. Areas with more people or higher crime rates tend to pay slightly more, whereas areas with less congestion have the enjoyment of a little cheaper coverage.
The table below rates the highest-priced areas in Michigan for good students to purchase auto insurance in. Detroit is ranked #1 with a yearly premium of $4,813 on average, which is about $401 monthly.
| Rank | City | Average Per Year |
|---|---|---|
| 1 | Detroit | $4,813 |
| 2 | Dearborn | $4,082 |
| 3 | Southfield | $3,980 |
| 4 | Pontiac | $3,639 |
| 5 | Warren | $3,423 |
| 6 | Flint | $3,337 |
| 7 | Dearborn Heights | $3,239 |
| 8 | Taylor | $3,084 |
| 9 | Sterling Heights | $3,044 |
| 10 | Westland | $2,937 |
| 11 | Farmington Hills | $2,758 |
| 12 | St. Clair Shores | $2,736 |
| 13 | Livonia | $2,634 |
| 14 | Troy | $2,614 |
| 15 | Saginaw | $2,583 |
| 16 | Rochester Hills | $2,542 |
| 17 | Novi | $2,464 |
| 18 | Royal Oak | $2,462 |
| 19 | Lansing | $2,439 |
| 20 | Battle Creek | $2,426 |
| Find the Best Rates Go | ||
Price information shown is approximated as specific location information can lower or raise rates substantially.
The type of vehicle requiring insurance is one of the main factors when trying to find the cheapest coverage for good students. Vehicles with limited top-end speed, a great safety record, or low incidents of liability claims will cost substantially less to insure than fast, unsafe models.
The list below features coverage costs for a selection of the most budget-friendly vehicles to buy insurance for.
| Make and Model | Estimated Cost for Full Coverage |
|---|---|
| Honda CR-V EX-L 2WD | $15,946 |
| Ford Escape XLT 4WD | $15,956 |
| Honda Accord EX-L 4-Dr Sedan | $16,910 |
| Toyota Prius | $17,050 |
| Honda Odyssey LX | $17,634 |
| Ford F-150 XL Regular Cab 4WD | $17,778 |
| Ford Focus SE 4-Dr Sedan | $18,597 |
| Toyota Camry LE | $18,742 |
| Toyota RAV4 Sport 4WD | $18,752 |
| Volkswagen Jetta S 4-Dr Sedan | $18,742 |
| Nissan Altima 2.5 4-Dr Sedan | $18,751 |
| Chevrolet Impala LT | $18,742 |
| Ford Fusion S 4-Dr Sedan | $18,751 |
| Dodge Grand Caravan SXT | $18,882 |
| Ford Explorer Limited 4WD | $18,889 |
| Start a Quote Go | |
Table data assumes single female driver age 16, no speeding tickets, no at-fault accidents, $1,000 deductibles, and Michigan minimum liability limits. Discounts applied include claim-free, and safe-driver. Price estimates do not factor in specific location information which can modify rates noticeably.
Based upon the table data, we can presume that makes and models like the Honda CR-V, Ford Escape, Honda Accord, and Toyota Prius will be a few of the most budget-friendly vehicles to insure for student drivers.
Figuring out which companies offer the cheapest insurance rates for good students will involve more work in order to find the best policy. Every car insurance company uses their own formula to establish rates, so we need to take a look at the insurance companies that tend to be cheaper in Michigan.
Find Cheaper Car Insurance for Students
| Rank | Company | Cost Per Year |
|---|---|---|
| 1 | USAA | $958 |
| 2 | GEICO | $1,033 |
| 3 | Safeco | $1,037 |
| 4 | MetLife | $1,324 |
| 5 | MEEMIC | $1,394 |
| 6 | Chubb | $1,428 |
| 7 | Pioneer State Mutual | $1,474 |
| 8 | Hastings Mutual | $1,579 |
| 9 | Frankenmuth | $1,645 |
| 10 | Auto-Owners | $1,686 |
| 11 | SECURA | $1,796 |
| 12 | Progressive | $1,923 |
| 13 | Wolverine Mutual | $2,126 |
| 14 | Allied | $2,263 |
| 15 | Allmerica | $2,292 |
| 16 | Hanover | $2,305 |
| 17 | Grange Mutual | $2,322 |
| 18 | Auto Club Group | $2,391 |
| 19 | Farm Bureau | $2,599 |
| 20 | Nationwide | $2,618 |
| Get a Custom Quote Go | ||
USAA generally has some of the most affordable car insurance rates in Detroit at around $958 each year. This is $1,435 less than the average rate paid by Michigan drivers of $2,393. GEICO, Safeco, MetLife, and MEEMIC also make the cut as some of the best Detroit, MI insurance companies.
As depicted above, if you currently have a policy with MEEMIC and switched to GEICO, you might achieve an annual savings of roughly $361. Insureds with Chubb could save as much as $395 a year, and Pioneer State Mutual policyholders might lower prices by $441 a year.
Remember that these prices are averages across all types of insureds and vehicles and are not factoring in a specific vehicle garaging location for good students. So the insurer that is most affordable for your situation may not even be in the list above. That points out the importance of why you need to compare prices as often as possible using your own personalized driver profile and vehicle information.
Insuring your vehicle with a good quality car insurance company is hard considering how many different companies insure vehicles in Detroit. The information displayed below may help you choose which coverage providers you want to consider comparing rates with. These rankings are only made up of large, nationwide insurance companies, so companies that have a smaller presence are not factored into this list.
| Company | Value | Customer Service | Claims | Customer Satisfaction | A.M Best Rating | Overall Score |
|---|---|---|---|---|---|---|
| The Hartford | 88 | 96 | 91 | 93% | A+ | 92.6 |
| Progressive | 84 | 94 | 99 | 90% | A+ | 92.4 |
| State Farm | 84 | 93 | 95 | 87% | A++ | 91 |
| Farmers Insurance | 87 | 92 | 90 | 85% | A | 90.6 |
| Safeco Insurance | 85 | 91 | 87 | 86% | A | 88.4 |
| USAA | 71 | 93 | 98 | 87% | A++ | 88 |
| GEICO | 73 | 93 | 95 | 85% | A++ | 87.1 |
| 21st Century | 85 | 85 | 91 | 89% | A | 86.9 |
| Liberty Mutual | 72 | 91 | 97 | 83% | A | 86.4 |
| AAA Insurance | 85 | 85 | 88 | 86% | A | 85.8 |
| Nationwide | 71 | 90 | 93 | 83% | A+ | 84.9 |
| Allstate | 69 | 92 | 92 | 83% | A+ | 84.4 |
| American Family | 77 | 96 | 80 | 85% | A | 83.8 |
| Esurance | 70 | 80 | 89 | 77% | A+ | 79.2 |
| Compare Rates Now Go | ||||||
Data Source: Insure.com Best Car Insurance Companies
Get discount Detroit auto insurance
Auto insurance companies that offer coverage for good students may additionally offer discounts that can reduce rates by as much as 35% or more if you meet specific criteria. Companies and a partial list of their discounts include:
- State Farm offers discounts for Drive Safe & Save, passive restraint, Steer Clear safe driver discount, good driver, driver’s education, and accident-free.
- GEICO may include discounts for membership and employees, driver training, good student, emergency military deployment, multi-vehicle, and multi-policy.
- Liberty Mutual includes discounts for new vehicle discount, teen driver discount, new graduate, hybrid vehicle, preferred payment discount, and safety features.
- The Hartford has savings for air bag, defensive driver, good student, vehicle fuel type, anti-theft, and driver training.
- MetLife has discounts for multi-policy, accident-free, good student, claim-free, defensive driver, good driver
- Progressive may have discounts that include multi-policy, continuous coverage, good student, homeowner, online signing, and multi-vehicle.
The illustration below visualizes the comparison of car insurance costs with and without discounts. The data is based on a female driver, no claims, a clean driving record, Michigan state minimum liability limits, full physical damage coverage, and $1,000 deductibles.
The first bar for each age group shows the price with no discounts. The second shows the rates with paid-in-full, good student, continuous coverage, paperless filing, passive restraint, and vehicle safety discounts applied. When drivers qualify for the discounts, theaverage amount saved on insurance for good students is 28% or $1,004.
How to find the cheapest car insurance for good students
The list below summarizes some of the recommended penny-pinching ideas that can help Michigan drivers quote low-cost coverage.
- Bundle home or renters insurance to earn a discount on car insurance
- Full coverage may not be needed on older vehicles
- Buy vehicles with good safety ratings
- Just one traffic violation will increase your rates
- Prevent rate increases by staying accident-free
- Earn a discount by not filing claims
- Compare rates regularly and switch companies to save money
That last tip is certainly critical, as we hit on in the prior information. Prices can change considerably based on profitability, so don’t hesitate to switch companies if a better rate can be found.
Many drivers tend to have loyalty to a certain company, but is isn’t recommended if that loyalty results in overpaying potentially thousands of dollars a year. Take a few minutes and compare rates and find cheaper insurance for good students in Detroit.