Michigan Auto Insurance Guide

Getting auto insurance is a part of life for most everyone. And if you are searching for auto insurance in Michigan, you must make yourself aware of auto insurance requirements that are specific to Michigan. Remember to familiarize yourself with Michigan's state auto insurance laws, because it is your responsibility to meet all required auto insurance coverage regulations. Keep in mind that merely meeting state minimum requirements might not provide you with the protection you need - be sure to seek out coverage in excess of minimum standards.

Michigan Insurance Regulations

Michigan requires that all auto owners get a policy issued within the state. Don't assume that you can just keep your policy from a neighboring state. Michigan is a no-fault state, and sets stringent requirements about how much coverage you are required to have at all times.

Your insurance company will issue you an insurance identification card when you take out your policy. Keep this card in your vehicle at all times, as Michigan requires that all drivers are able to provide proof of financial responsibility. If you are in an accident, or are pulled over in a traffic stop, you must be able to prove that you have insurance coverage.

Mandatory Minimum Coverage in Michigan

In Michigan, you are obligated to obtain insurance coverage that meets at least these minimum standards: $20,000 for bodily injury to one person, $40,000 for bodily injury per accident, and $10,000 for property damage. You also are required to get personal injury protection, because Michigan is a no-fault state.

Motorcycle Coverage Requirements

For the most part, all of Michigan's motor vehicle insurance laws apply to both motorcycles and passenger vehicles. That is, however, with the exception of personal injury protection insurance. The no-fault standard in Nevada does not apply to motorcycles.

Michigan Auto Insurance Advice

Getting insurance can be expensive - this we know. But there are some strategies you can use to save money on your overall insurance costs. Keep these in mind as you shop for insurance.

You can raise your deductible to lower your premiums. But remember that if you do this, you will be responsible to pay more in the event that you file an insurance claim.

Teen drivers can raise a family's premiums by double - or even more. If your teen is about to get a license, prepare in advance. Find out how he/she will affect your premium, and take necessary action to reduce costs.