Michigan Car Insurance

Michigan Car Insurance - State Requirements for Residents

Buying car insurance in Michigan is easy. But if you are a first time customer, it is essential for you to be aware of the ways in which you can get cheap car insurance in Michigan. Some of these ways are as follows:

Maintain a good driving record. This is the most important factor that car insurance companies in Michigan consider while offering insurance. To get cheap insurance rates, it is essential for you to have a clean driving record with no cases of accidents or claims.

Consider the same insurance company for your home and vehicle. It is advised that you consider opting for the same insurance company for both your home and vehicle. Considerable amount of discounts maybe available by bundling your home insurance needs with your car insurance in Michigan.

Use your credit rating to your advantage: Car insurance companies in Michigan value good credit reports and offer attractive discounts. Hence, if you have been paying all your bills on time and have never defaulted in any of your payments, insurance providers will see it as a plus point in your credit report.

Buy a car with safety features. One of the most important factors that car insurance companies in Michigan consider while offering discounts, is the safety feature that the car contains. If your car consists of cutting-edge safety features such as anti-lock brakes, airbags, computer-chip keys, seat belts, GPS systems, or front and rear crumple zone, you can get cheap car insurance.

Opt for insurance policies with high deductibles. By opting for insurance with high deductibles, you will have to pay less on your insurance premium.

Michigan Auto Insurance Requirements:

Car Insurance requirements vary from one state to the next. Before buying car insurance in Michigan, it is advised that you be aware of the state's requirements. If you are a Michigan resident, you can contact the Michigan Department of Financial and Insurance Services (FIS) located in Lansing by calling (517) 373-1820 and asking to be transferred to the Department of FIS. Or visit their website at www.michigan.gov/difs.

You need to know that Michigan is a no-fault state. This means that you will be required to carry a PIP (Personal Injury Protection) policy.

It is essential that all vehicles in Michigan are covered under a liability policy, as there are exceptions to the no-fault rule. A liability insurance policy is required to cover up to:

• $20,000 for the medical expenses of a single driver.
• $40,000 for the combined medical expenses of the driver and passengers injured in the accident.
• $10,000 for property damages (including the damage to both the victim's vehicle and public property).