This would be a really short article if we could simply tell you the one Michigan auto insurance company that has the most affordable insurance in Michigan. Unfortunately, it’s just not that easy, as there are a lot of unknown factors like if you currently have coverage, if you are a homeowner or renter, your driving record, and the performance level of your vehicle. The content below will cover the best ways to find cheap auto insurance and hopefully give you enough understanding to have a good start to your coverage search.
The make and model of vehicle requiring coverage is a significant factor when shopping around for economical coverage for active military. Vehicles with limited top-end speed, a plethora of safety features, or a low likelihood of having liability claims will cost less to insure than adrenaline junky models.
The next list illustrates car insurance costs for the most affordable vehicles to buy insurance for.
| Vehicle | Estimated Cost for Full Coverage |
|---|---|
| Ford Escape XLT 2WD | $4,977 |
| Ford Explorer XLT 4WD | $5,092 |
| Honda CR-V EX 2WD | $5,126 |
| Honda Accord EX-L 4-Dr Sedan | $5,414 |
| Toyota Tacoma Double Cab 4WD | $5,486 |
| Hyundai Elantra Blue 4-Dr Sedan | $5,572 |
| Ford F-150 STX Super Cab 2WD | $5,640 |
| Toyota Prius | $5,683 |
| Volkswagen Jetta 2.0T 4-Dr Sedan | $5,774 |
| Honda Odyssey Touring | $5,783 |
| Chevrolet Silverado LTZ Crew Cab 4WD | $5,774 |
| Toyota Camry LE | $5,890 |
| Toyota RAV4 Limited 2WD | $5,897 |
| Start a Quote Go | |
Data assumes single male driver age 30, no speeding tickets, no at-fault accidents, $1,000 deductibles, and Michigan minimum liability limits. Discounts applied include safe-driver, homeowner, multi-vehicle, multi-policy, and claim-free. Premium costs do not factor in garaging location in Detroit, MI which can decrease or increase premiums significantly.
Based upon the table data, you can figure that vehicles like the Ford Escape, Ford Explorer, Honda CR-V, Honda Accord, and Toyota Tacoma are most likely going to be some of the cheapest vehicles to insure for military personnel.
Finding out which insurers offer the best auto insurance rates for active military will require a bit more work in order to find coverage that fits your budget. Each auto insurer has their own formula for determining rates, so to begin we’ll rank the most competitive auto insurance companies in Detroit, MI.
It’s important that readers know that Michigan auto insurance rates are determined by lots of factors which can substantially decrease or increase the price you have to pay. Improving your credit rating, increasing liability limits, or having an at-fault accident may generate price changes resulting in some companies being much cheaper than others.
Cheap Insurance Rates for Military
| Rank | Company | Cost Per Year |
|---|---|---|
| 1 | USAA | $987 |
| 2 | GEICO | $1,033 |
| 3 | Safeco | $1,079 |
| 4 | MetLife | $1,364 |
| 5 | Chubb | $1,386 |
| 6 | MEEMIC | $1,436 |
| 7 | Pioneer State Mutual | $1,488 |
| 8 | Hastings Mutual | $1,643 |
| 9 | Frankenmuth | $1,645 |
| 10 | Auto-Owners | $1,686 |
| 11 | SECURA | $1,778 |
| 12 | Progressive | $1,923 |
| 13 | Wolverine Mutual | $2,212 |
| 14 | Grange Mutual | $2,253 |
| 15 | Allied | $2,263 |
| 16 | Allmerica | $2,316 |
| 17 | Hanover | $2,328 |
| 18 | Auto Club Group | $2,489 |
| 19 | Nationwide | $2,516 |
| 20 | Farm Bureau | $2,599 |
| Quote Your Rates Go | ||
USAA generally has some of the lowest car insurance rates in Detroit at around $987 annually. This is $1,406 less than the average policy premium paid by Michigan drivers of $2,393. GEICO, Safeco, MetLife, and Chubb also make the cut as some of the more affordable Detroit, MI insurance companies.
As the example above demonstrates, if you are insured with Chubb and switched to GEICO, you might see an annual premium reduction of about $353. Drivers with MEEMIC might save as much as $403 a year, and Pioneer State Mutual customers might lower prices by $455 a year.
If you would like to find cheaper car insurance rates, click here to get a free quote or visit any of the low-priced companies below.
Be aware that those prices are averages across all drivers and vehicles in Michigan and do not take into consideration an exact location for active military. So the car insurance company that fits your age and vehicle best may not even be in the top 30 companies in the list above. That’s why you need to get auto insurance quotes using your own personal information and vehicle type.
The information below shows how different deductible levels can affect insurance costs when searching for cheap insurance for active military. The data assumes a married male driver, full physical damage coverage, and no discounts are factored in.
In the chart above, a 50-year-old driver could lower their car insurance rates by $480 a year by switching their comprehensive and collision coverages from a $100 deductible up to a $500 deductible, or save $728 by changing to a $1,000 deductible. Youthful drivers, such as the Age 20 example, could reduce their rates as much as $1,602 each year by choosing a higher deductible. When increasing deductibles, it is important to have additional funds squirreled away to offset the extra out-of-pocket expense, which is the main drawback of higher deductibles.
Ending up with a high-quality insurance provider can be a challenge considering how many different companies sell coverage in Michigan. The information listed below can help you pick which auto insurers you want to consider when shopping around.
These ratings only include companies that insure vehicles nationwide, so smaller regional companies are not factored into this list. To compare prices from these top-rated insurers and more, click here.
Top 10 Large Auto Insurers in Detroit Ranked by Value
- The Hartford
- Farmers Insurance
- AAA Insurance
- 21st Century
- Safeco Insurance
- State Farm
- Progressive
- American Family
- GEICO
- Liberty Mutual
Top 10 Large Auto Insurers in Detroit Ranked by Claims Service
- Progressive
- USAA
- Liberty Mutual
- State Farm
- GEICO
- Nationwide
- Allstate
- The Hartford
- 21st Century
- Farmers Insurance
Get discounts on Detroit car insurance
Insurance providers that sell policies for active military may additionally offer discounts that could reduce prices by as much as 35% or more if you qualify. A few of the larger companies and their possible discounts can be read below.
- Farm Bureau has discounts for multi-policy, driver training, youthful driver, good student, 55 and retired, and multi-vehicle.
- Liberty Mutual offers discounts for preferred payment discount, good student, teen driver discount, newly married, multi-policy, and multi-car.
- State Farm may include discounts for anti-theft, safe vehicle, passive restraint, defensive driving training, driver’s education, and accident-free.
- Auto-Owners Insurance offers discounts including multiple vehicles, teen driver, good student, mature driver, safe driver, and paid in full.
- GEICO discounts include military active duty, five-year accident-free, good student, anti-theft, federal employee, membership and employees, and anti-lock brakes.
- SAFECO policyholders can earn discounts including teen safe driver, multi-car, teen safety rewards, homeowner, safe driver, bundle discounts, and anti-theft.
The example below illustrates the comparison of auto insurance costs with and without discounts applied. The prices are based on a male driver, no claims, a clean driving record, Michigan state minimum liability limits, full coverage, and $500 deductibles. The first bar for each age group shows the price with no discounts. The second bar shows the rates with multiple vehicle, claim-free, homeowner, accident-free, marriage, and safe-driver discounts applied. With discounts applied, theaverage yearly reduction on auto insurance for active military is 28% or $1,213.