How Much are Car Insurance Rates for Unemployed Drivers in Detroit?

The vehicle model you are insuring is a significant factor when comparing the best cheap coverage for unemployed drivers. Vehicles with more horsepower, a lack of modern safety features, or an increased likelihood of liability claims will cost quite a bit more to insure than more modest models.

The table below showcases insurance prices for a selection of the cheaper automobiles to buy insurance for.

Cheapest Vehicles to Insure in Detroit, MI
Insured Vehicle Estimated Cost for Full Coverage
Ford Escape Limited 2WD $4,209
Hyundai Elantra SE Touring Station Wagon $4,469
Honda CR-V LX 2WD $4,638
Chevrolet Malibu Hybrid $4,867
Ford Explorer Limited 4WD $4,958
Dodge Grand Caravan Crew $4,967
Ford F-150 FX4 Super Cab 4WD $4,958
Toyota Prius $5,008
Kia Optima LX $5,218
Jeep Grand Cherokee Laredo 4WD $5,328
Nissan Altima 2.5 4-Dr Sedan $5,335
Honda Odyssey EX W/Rear Entertainment $5,365
Ford Edge Limited 2WD $5,374
Honda Civic EX-L 4-Dr Sedan $5,392
Nissan Rogue SL AWD $5,483
Toyota Camry LE $5,488
Chevrolet Equinox LT 2WD $5,495
Toyota RAV4 4WD $5,488
Ford Focus SES 4-Dr Sedan $5,515
Dodge Ram 3500 Crew Cab Laramie 2WD $5,611
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Prices above based on single male driver age 30, no speeding tickets, no at-fault accidents, $1,000 deductibles, and Michigan minimum liability limits. Discounts applied include homeowner, multi-policy, safe-driver, claim-free, and multi-vehicle. Table data does not factor in vehicle location which can raise or lower premium rates substantially.

By looking at the data, you can presume that makes and models like the Ford Escape, Hyundai Elantra, Honda CR-V, and Chevrolet Malibu will be a few of the most budget-friendly vehicles to insure for the unemployed.

Figuring out which companies have the best insurance rates for unemployed drivers requires a bit more work in order to find the most economical policy. Each auto insurer uses a slightly different approach for setting rates, so let’s take a look at the insurance companies that tend to be cheaper in Detroit.

It’s important that you understand Detroit insurance rates are influenced by many factors that can increase the price of your policy. Simply turning a year older, buying higher coverage limits, or getting a driving violation can produce rate changes resulting in some companies being cheaper than before.

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USAA may offer some of the lowest car insurance rates in Detroit at around $978 each year. GEICO, Safeco, MetLife, and Chubb would also make the list of some of the cheaper Detroit, MI insurance companies.

In the rate table above, if you are currently insured with MetLife and switched to GEICO, you might achieve a yearly price reduction of in the vicinity of $301. Michigan drivers with Chubb might save as much as $363 a year, and MEEMIC customers might cut rates by $413 a year.

To find the cheapest coverage for you, click here to start a quote or visit any of the low-priced companies below.

Remember that these policy rates are averaged for all types of insureds and vehicles and and are not calculated with an exact location for unemployed drivers. So the auto insurance company that fits your age and vehicle best may not even be in the top 30 companies in the list above. That illustrates why you need to get rate quotes from many companies using your own specific driver and vehicle information.

One of the more important components that help determine the price you pay for insurance is where you live in Detroit. Cities with more crime and/or more people tend to have higher auto insurance costs, whereas more rural areas tend to receive cheaper rates.

The table below lists the highest-priced places in Michigan for unemployed drivers to purchase auto insurance in. Detroit is ranked at #1 costing $5,009 for the average insured, which is around $417 each month.

How much does auto insurance cost in Detroit?
Rank City Average Per Year
1 Detroit $5,009
2 Dearborn $4,123
3 Southfield $4,020
4 Pontiac $3,531
5 Flint $3,473
6 Warren $3,322
7 Dearborn Heights $3,239
8 Taylor $3,178
9 Sterling Heights $3,044
10 Westland $2,937
11 St. Clair Shores $2,792
12 Farmington Hills $2,758
13 Troy $2,640
14 Livonia $2,634
15 Saginaw $2,583
16 Royal Oak $2,562
17 Rochester Hills $2,467
18 Novi $2,464
19 Battle Creek $2,450
20 Lansing $2,367
21 Wyoming $2,216
22 Kalamazoo $2,215
23 Grand Rapids $2,208
24 Kentwood $2,206
25 Ann Arbor $2,065
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Rate quotes are estimated as specific Detroit zip code can decrease or increase coverage rates substantially.

Ending up with a highly-rated car insurance company is hard considering how many choices drivers have in Detroit. The company information displayed below could help you choose which auto insurers you want to consider comparing price quotes from.

These rankings include companies with a nationwide focus, so companies without a large exposure are not taken into consideration for these rankings. If you would like to check rates from these top insurers and more, follow this link.

Top 10 Large Auto Insurers in Detroit Ranked by Value

  1. The Hartford
  2. Farmers Insurance
  3. AAA Insurance
  4. 21st Century
  5. Safeco Insurance
  6. State Farm
  7. Progressive
  8. American Family
  9. GEICO
  10. Liberty Mutual

The example below highlights how deductible choice can raise or lower insurance costs when searching for cheap insurance for unemployed drivers. The prices are based on a single male driver, comp and collision included, and no policy discounts are applied.

A 40-year-old driver could lower their car insurance rates by $568 a year by changing their physical damage coverage from a $100 deductible to a $500 deductible, or save $856 by selecting a $1,000 deductible. Even younger insureds, such as the 20-year-old example, could roll back prices $1,862 or more by choosing larger deductibles on their policy.

If you do decide to increase your deductibles, it will be required to have additional savings on hand to offset the extra out-of-pocket expense that deters many people from opting for higher deductibles.

Rate increases following a ticket or accident

One of the best ways to get good insurance premiums in Detroit for the unemployed is to drive carefully and maintain a clean driving record. The diagram below shows how violations and at-fault claims can influence annual premium costs for different categories of driver ages. The prices are based on a single male driver, full physical damage coverage, $1,000 deductibles, and no other discounts are factored in.

In the previous example, the average cost of car insurance in Detroit per year with no violations or accidents is $3,841. Get two speeding tickets and the average cost hikes up to $5,067, an increase of $1,226 each year. Now add in one accident along with the two speeding tickets and the yearly cost of insurance for unemployed drivers increases to an average of $6,336. That’s an increase of $2,495, or $208 per month, just for not being a responsible driver!