If you want to save the most money, the best way to find better pricing on auto insurance rates in Detroit is to compare prices at least once a year from insurance carriers in Michigan.
- First, try to learn a little about how companies set rates and the changes you can make to keep rates in check. Many things that are responsible for high rates such as multiple speeding tickets and an unacceptable credit history can be amended by improving your driving habits or financial responsibility. Read the full article for information to prevent high prices and find hidden discounts.
- Second, quote rates from direct, independent, and exclusive agents. Exclusive and direct companies can only give prices from a single company like GEICO or Farmers Insurance, while independent agencies can provide price quotes from multiple companies.
- Third, compare the price quotes to your existing coverage and see if there is a cheaper rate. If you find a lower rate quote and decide to switch, make sure coverage does not lapse between policies.
- Fourth, tell your current company of your intention to cancel your current coverage and submit a down payment and signed policy application to your new agent or company. Be sure to keep the new proof of insurance certificate in an easily accessible location in your vehicle.
An important part of this process is that you use the same coverage limits and deductibles on every quote request and and to get quotes from as many companies as possible. This ensures an accurate price comparison and the best rate selection.
It’s amazing but nearly 70% of customers kept their coverage with the same auto insurance company for at least the last four years, and 38% of drivers have never compared rates from other carriers. With the average premium in Michigan being $6,300, drivers can save hundreds of dollars each year just by comparing rates, but they don’t believe how much savings they would realize if they swap their current policy for a cheaper one.
The most recommended method to compare rate quotes for Chevy Spark EV insurance in Detroit is to take advantage of the fact most of the bigger providers will pay a fee to give you rate quotes. All consumers are required to do is take a few minutes to give details such as an estimate of your credit level, marital status, the year, make and model of vehicles, and whether your vehicle is owned or leased. That rating information is instantly sent to many of the top insurers and you receive quotes with very little delay.
To check Chevy Spark EV insurance prices now, click here and complete the quick form.
The following companies are ready to provide quotes in Michigan. If you want to find the best car insurance in MI, it’s a good idea that you compare several of them in order to get a fair rate comparison.
Lower rates by qualifying for discounts
Companies that sell car insurance don’t necessarily list every policy discount very well, so we break down a few of the more common and the more hidden discounts you could be receiving when you buy Detroit car insurance online.
- Early Signing – A few companies allow discounts for buying a new policy prior to your current Spark EV insurance policy expiring. You could save around 10% when you buy Detroit car insurance online.
- Save with a New Car – Adding a new car to your policy can be considerably cheaper because new model year vehicles keep occupants safer.
- Senior Citizen Discount – Drivers over the age of 55 may be able to get a small discount on rates.
- Multi-policy Discount – If you can bundle your homeowners and auto insurance with the same insurance company you will save nearly 15% which can help you find low cost Chevrolet Spark EV insurance.
- Military Discounts – Being deployed in the military could mean lower prices.
As is typical with insurance, many deductions do not apply to the overall cost of the policy. Some only reduce individual premiums such as medical payments or collision. Even though the math looks like having all the discounts means you get insurance for free, you won’t be that lucky.
Popular auto insurance companies and the discounts they provide are detailed below.
- State Farm has savings for accident-free, defensive driving training, Steer Clear safe driver discount, safe vehicle, good driver, good student, and multiple autos.
- American Family offers discounts for defensive driver, accident-free, air bags, early bird, multi-vehicle, and mySafetyValet.
- GEICO discounts include daytime running lights, multi-policy, membership and employees, air bags, and anti-theft.
- 21st Century may offer discounts for driver training, student driver, teen driver, air bags, and theft prevention.
- Progressive offers premium reductions for homeowner, online signing, continuous coverage, online quote discount, and multi-policy.
When quoting, ask each company or agent how many discounts you can get. Some credits might not be offered in your area. To see a list of companies with discount auto insurance rates in Detroit, click here.
Compare prices but still have a neighborhood Detroit auto insurance agent
Many drivers would prefer to sit down and talk to an agent and that is not a bad decision Experienced insurance agents are trained risk managers and help file insurance claims. One of the benefits of comparing rates online is that drivers can save money and get lower rates but still work with a licensed agent.
After completing this simple form, your insurance coverage information gets sent to agents in your area who will give competitive quotes for your business. There is no need to find an agent due to the fact that quote results will go straight to your inbox. If you need to quote rates from a specific company, feel free to find their quoting web page to submit a rate quote request.
Finding a good provider shouldn’t rely on just a low price. The questions below may impact your decision as well.
- Do they assist clients in filing claims?
- Will your rates increase after a single accident?
- Does the agent have professional designations like CIC, CPCU or AIC?
- Do they feel the quoted coverages are adequate?
- Is auto insurance their primary focus in Detroit?
- Does the company have a solid financial rating?
- Do they make recommendations based only on price?
If you want to buy auto insurance from a good insurance agency, it can be helpful to understand the different types of agencies and how they can service your needs differently. Auto insurance agents can be described as either independent or exclusive. Both can sell auto insurance policies, but it’s worth mentioning the differences because it may have an impact on your agent selection.
Exclusive Auto Insurance Agencies
Agents that choose to be exclusive are contracted to one company like Farmers Insurance and State Farm. Exclusive agents cannot shop your coverage around so always compare other rates. Exclusive insurance agents are highly trained on their products and sales techniques which helps them sell insurance even at higher premiums. Some insured continue to use the same exclusive agent partially due to the prominent brand name rather than low rates.
Shown below is a list of exclusive agents in Detroit who may provide you with comparison quotes.
- PD Dandnaik – State Farm Insurance Agent
W, 7725 Vernor Hwy – Detroit, MI 48209 – (313) 554-1500 – View Map
- John Cash – State Farm Insurance Agent
19203 Grand River Ave – Detroit, MI 48223 – (313) 537-1200 – View Map
- Allstate Insurance: Shauna Johnson
18711 Grand River Ave – Detroit, MI 48223 – (313) 272-2020 – View Map
Independent Agents (or Brokers)
These type of agents are not locked into one company and that gives them the ability to insure with multiple insurance companies enabling the ability to shop coverage around. If premiums increase, an independent agent can move your coverage and you won’t have to switch agencies.
When comparing rate quotes, it’s recommended you include price quotes from multiple independent agents for the best price selection. Most have the option of insuring with small mutual carriers which can be an advantage.
Shown below is a list of independent insurance agents in Detroit that can give you price quote information.
- LA Insurance
2922 W Grand Blvd – Detroit, MI 48202 – (313) 871-0100 – View Map
- Look! Insurance
11324 W Jefferson Ave # 1 – River Rouge, MI 48218 – (888) 566-5467 – View Map
- Midwest Underwriters Insurance
19640 Harper Ave – Grosse Pointe Woods, MI 48236 – (313) 884-8600 – View Map
You may need specialized insurance coverage
When it comes to choosing your policy, there really is not a perfect coverage plan. Your needs are unique to you and your insurance should unique, too.
For instance, these questions can aid in determining whether or not you might need professional guidance.
- Can my teen drive my company car?
- Are split liability limits better than a combined single limit?
- At what point should I drop full coverage?
- Am I covered when pulling a rental trailer?
- Is rental equipment covered for theft or damage?
- Does liability extend to a camper or trailer?
- What happens if I owe more than my Chevy Spark EV is worth?
- Do I get a pro-rated refund if I cancel my policy early?
- Should I sign the liability waiver when renting a car?
If it’s difficult to answer those questions but a few of them apply, you might consider talking to an agent. To find lower rates from a local agent, simply complete this short form or click here for a list of insurance companies in your area. It only takes a few minutes and can provide invaluable advice.
Insurance Cost Influencing Factors
The best way to find cheaper auto insurance is to take a look at a few of the rating criteria that help calculate your auto insurance rates. When consumers understand what determines base rates, this empowers consumers to make smart changes that could help you find big savings.
The factors shown below are a few of the things companies use to determine your rates.
Do you have enough liability? – The liability coverage on your policy will afford coverage if a jury decides you are liable for physical damage or personal injury to other. It provides for a legal defense which can cost thousands of dollars. It is affordable coverage when compared with rates for comp and collision, so insureds should have plenty of protection for their assets.
Safety ratings are a factor – Vehicles with high crash test scores cost less to insure. Safe vehicles result in less severe injuries and fewer injuries translates into fewer and smaller insurance claims which can mean better rates for you. If your Chevy earned at least four stars on Safercar.gov you may be receiving a better rate.
More traffic equals higher costs – Having an address in less populated areas may provide you with better prices when trying to find low car insurance rates. Lower population means a lower chance of having an accident. City drivers tend to have more aggressive driving styles and more time behind the wheel. More time commuting means a statistically higher chance of an accident.
Accidents inflate premiums – Attentive drivers receive lower rates as compared to careless drivers. Even one speeding ticket or other violation can increase rates by twenty percent. Drivers with dangerous tickets like hit and run, DWI or reckless driving convictions are required to submit a SR-22 form with the DMV in their state in order to prevent their license from being revoked.
Pay more of a claim out-of-pocket – The deductibles you choose are how much you are willing to pay in the event of a claim. Physical damage protection, aka comp and collision, is used to repair damage to your car. Some coverage claims could be rear-ending another vehicle, animal collisions, and damage from wind. The more of the claim the insured is willing to pay, the less money you will pay for auto insurance.
Older drivers are lower risk – Teenage drivers in Michigan have been known to be careless and easily distracted behind the wheel therefore auto insurance rates are much higher. More experienced drivers are more cautious drivers, tend to cause fewer accidents, and are safer drivers.
Save money by eliminating extra coverages – There are many extra bells and whistles that you can buy if you aren’t careful. Coverage for things like personal injury protection, accident forgiveness, and term life insurance could be just wasting money. You may think they are a good idea initially, but now you might not need them so consider taking them off your policy.
Auto insurance protects more than just your car
Despite the high cost, paying for auto insurance is mandatory in Michigan but it also protects more than you think.
- Most states have mandatory liability insurance requirements which means the state requires a minimum amount of liability insurance in order to drive the car legally. In Michigan these limits are 20/40/10 which means you must have $20,000 of bodily injury coverage per person, $40,000 of bodily injury coverage per accident, and $10,000 of property damage coverage.
- If your Chevy has a loan, most lenders will make it a condition of the loan that you have full coverage to guarantee loan repayment. If you cancel or allow the policy to lapse, the bank will be required to insure your Chevy at an extremely high rate and force you to reimburse them for the much more expensive policy.
- Insurance protects both your assets and your vehicle. It will also provide coverage for hospital and medical expenses that are the result of an accident. Liability coverage will also pay to defend you if you cause an accident and are sued. If your vehicle suffers damage from an accident or hail, collision and comprehensive coverages will pay all costs to repair after the deductible has been paid.
The benefits of having auto insurance outweigh the cost, especially with large liability claims. The average driver in Michigan is overpaying over $850 per year so it’s recommended you shop around at least once a year to ensure rates are inline.
Compare. Compare. Compare.
When buying insurance coverage, you should never buy less coverage just to save a little money. Too many times, an accident victim reduced physical damage coverage only to regret they didn’t purchase enough coverage. The aim is to buy a smart amount of coverage at a price you can afford but still have enough coverage for asset protection.
Cheaper insurance in Detroit is attainable on the web and also from your neighborhood Detroit agents, and you need to comparison shop both to have the best rate selection. Some insurance companies don’t offer the ability to get quotes online and many times these smaller providers sell through independent insurance agencies.
For more information, take a look at these articles:
- Collision Insurance Coverage (Nationwide)
- Who Has Cheap Car Insurance for 17 Year Olds in Detroit? (FAQ)
- Who Has Cheap Car Insurance for Postal Workers in Detroit? (FAQ)
- How Much is Detroit Auto Insurance for Immigrants? (FAQ)
- How Much is Auto Insurance for Nurses in Detroit? (FAQ)
- What Auto Insurance is Cheapest for Low Credit Scores in Detroit? (FAQ)
- Prom Night Tips for Teen Drivers (State Farm)
- Teen Driver Licensing Information (iihs.org)
- Older Drivers FAQ (iihs.org)
- Collision Coverage (Liberty Mutual)