Every state has different requirements when it comes to car insurance. When you are shopping for car insurance the first thing you should do is put in a search on the Internet to see what the required insurance coverage is for your state. Once you know what coverage you must have, you can begin to search by price and check further for discounts to bring the cost of your car insurance as low as you can find it.
Even though you want to save as much money on your car insurance, try not to scrimp on coverage that could save you money in the long run. Saving a couple of bucks now when it could cost you thousands of dollars later is not a smart way of being economical.
If you are beginning to get Michigan car insurance quotes you need to know what coverage is mandatory and what you might not need at all. First of all, Michigan has a no-fault car insurance policy which means you are always covered no matter whose fault the car accident is. Michigan drivers are required to have liability coverage on their vehicles. The average cost of this type of coverage is around $507. The limits you need to follow for this coverage is 30/60/10 which relates to damage to someone’s property in the event of an accident.
With no-fault insurance, the other party is not allowed to sue for extensive damages so the addition of Personal Injury Protection, or PIP, is encouraged. This coverage comes into place if the money from the insurance isn’t enough to cover all of the expenses. The cost for this type of insurance is around $928 in this state.
Another form of coverage that you should consider including in your policy is Uninsured Motorist. This means that your insurance will pay personal injuries even if the other driver does not have insurance, they are underinsured, or the accident was a result of a hit-and-run driver.
Make sure you shop around when gathering quotes for your car insurance. Ask what discounts are available for safe drivers, military personnel, and members of special groups such as AARP. There are many ways to save money while shopping for car insurance and bundling coverage is a great place to start. This just means you can save when you get your car, life, and home insurance at the same place.