Whether you’re a new resident in the state of Michigan looking to purchase your first auto insurance policy or whether you’re a long term resident wondering if your auto insurance company is giving you the best rate, shopping around is the best way to know you are getting the most for your money. As you obtain a Michigan auto insurance quote and choose the company you want to work with, you’ll need to understand what the requirements in Michigan are and how to find the best deal while still meeting those requirements.
What are the Insurance Requirements for a Michigan Auto Insurance Quote?
Accidents in Michigan do not need to have fault assigned to one party or the other, meaning that if you are in an accident, your medical bills will be paid by your insurance company regardless of who was at fault for the accident. You are required to purchase a minimum of $20,000 of bodily injury coverage per person and $40,000 per accident as well as $10,000 of property damage coverage. Your insurance policy must provide both medical and work loss personal injury protection.
How Much Insurance Protection Do I Need for a Michigan Auto Insurance Quote?
As you prepare to get a Michigan auto insurance quote, be aware that although the above figures are the minimum coverage amounts required by the state, they will most likely not be enough to cover all expenses in the case of a serious accident. You should consider purchasing additional coverage, especially bodily injury coverage. Most experts recommend at least $100,000 per person and $300,000 per accident of bodily injury coverage. This ensures that you have enough coverage to take care of all costs and that you aren’t left with outstanding medical bills at the end of a hospital stay or course of treatment. Property damage coverage is more flexible. You can choose more or less property damage coverage (as long as you meet the required minimums) based on the value of your car and your ability to cover the cost out of pocket if you needed to. Expensive cars would need more coverage than older and less valuable vehicles.
How Do I Get the Best Michigan Auto Insurance Quote?
Gathering information from many different companies is the most efficient way to determine the best Michigan auto insurance quote. You’ll want to make sure you provide the same information to each company in order to ensure equal comparisons across the board. A centralized comparison website can help you with the legwork as you gather quotes. As you look at the companies offering the best rates, you should also consider other factors such as what the company’s reputation and ratings are, whether they provide the benefits you need, and what the claims filing process is like. If you know people who have used the company, ask for recommendations. Also, talk to a representative in person to determine the level of customer service. Remember, the treatment you get as a potential customer is likely to be indicative of the treatment you’ll receive if and when you need to file a claim. If you are not treated well or it is difficult to get your questions answered, you may want to consider another company even if the rates are excellent.
The most important thing to remember as you are looking at getting a Michigan auto insurance quote is that you must shop around in order to find the best rates. The rate you received last year may not be the best rate this year, so make a habit of regularly getting quotes from various companies if you’re looking to save money. Enter your zip code at the top of this page to receive your free auto insurance quote today.
Michigan Auto Insurance Quote
April 1, 2012April 1, 2012 0 Comments