Why Is Michigan Car Insurance So High

Why Is Michigan Car Insurance So High Drivers in Michigan pay an average of 5 471 per year for auto insurance with the state seeing a 51 increase in rates from 2015 to 2020 The state s extensive

WXYZ Michigan s high auto insurance rates are on the rise again as part of a national trend that comes as inflation is also hammering our wallets In our state some drivers did find Back in early 2019 Michigan drivers paid the highest auto insurance rates in the nation That was primarily due to the state s no fault insurance system which

Why Is Michigan Car Insurance So High

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Why are car insurance rates so high in Michigan The state s costly no fault law is the key factor Increase in car insurance rates has slowed dramatically in recent years but Michigan drivers still pay the Why Is My Car Insurance So High Your particular driver profile which includes factors like where you live your age and your driving record influences what

Supporters of Michigan s reform of its no fault auto insurance law in 2019 promised it would reduce car insurance premium costs for drivers across the state Michigan s attempts to lower its famously high insurance rates seem to be working Every driver in the state will be refunded 400 for each vehicle they own Michigan Gov Gretchen Whitmer says

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The high costs of car insurance in Michigan are due to the state s insurance law a large number of lawsuits and a ton of auto insurance fraud among other reasons Michigan s average auto insurance rate fell from 3 106 in 2019 to 2 535 in 2020 an 18 drop that still left Michigan with the highest average auto insurance

Why Are Premiums So High Before the Covid 19 pandemic Michigan car insurance premiums were significantly higher than they are today In early 2020 the Before the new law went into effect Michiganders paid on average 4 8 of their incomes for car insurance twice the national average of 2 4 Michigan

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Drivers in Michigan pay an average of 5 471 per year for auto insurance with the state seeing a 51 increase in rates from 2015 to 2020 The state s extensive

Why Is Michigan Auto Insurance So High Sanepo
Why Michigan s High Auto Insurance Rates Are On The

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WXYZ Michigan s high auto insurance rates are on the rise again as part of a national trend that comes as inflation is also hammering our wallets In our state some drivers did find


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Why Is Michigan Car Insurance So High - Car insurance rates are increasing in July in order for the Michigan Catastrophic Claims Association to make up losses incurred after no fault auto