It’s an obvious conclusion that car insurance companies don’t want you to look for a cheaper policy. People who shop around for the cheapest price are highly likely to buy a different policy because there are good odds of finding coverage at a cheaper rate. A recent insurance study revealed that people who compared price quotes annually saved on average $3,450 over four years as compared to drivers who never shopped around for lower prices.
If finding the lowest price on Dodge Avenger insurance is the reason for your visit, understanding the best way to quote and compare car insurance can help make the process easier.
The preferred way to get discount auto insurance rates in Detroit is to start doing a yearly price comparison from insurers who sell insurance in Michigan. You can compare rates by following these guidelines.
Step 1: It will benefit you to learn about what coverages are included in your policy and the measures you can control to prevent expensive coverage. Many risk factors that result in higher rates such as at-fault accidents, speeding tickets, and a low credit rating can be rectified by making small lifestyle or driving habit changes.
Step 2: Request rate estimates from exclusive agents, independent agents, and direct providers. Direct and exclusive agents can only give prices from one company like Progressive or Allstate, while independent agencies can provide rate quotes from multiple companies.
Step 3: Compare the new rates to the price on your current policy and determine if cheaper Avenger coverage is available in Detroit. If you can save money and decide to switch, ensure there is no coverage lapse between policies.
Step 4: Provide adequate notice to your current company of your intention to cancel your current policy. Submit the completed application along with a down payment for the new coverage. Immediately upon receiving it, place the new certificate verifying coverage in your glove compartment.
One key aspect of rate comparisons is to use the same physical damage deductibles and liability limits on each quote request and and to get price quotes from all possible companies. This guarantees an accurate price comparison and the best price selection.
If you have insurance now or just want cheaper rates, use these techniques to lower your rates without having to cut coverage. Quoting and comparing rates for the most affordable car insurance coverage in Detroit is not that difficult. Shoppers just have to understand the most efficient way to shop for car insurance online.
The companies shown below have been selected to offer comparison quotes in Detroit, MI. If you wish to find cheap car insurance in MI, we recommend you get rates from several of them to get the most affordable price.
Why you need Avenger insurance in Michigan
Despite the high cost, paying for car insurance is a good idea for several reasons.
- Most states have mandatory insurance requirements which means you are required to buy specific limits of liability coverage in order to be legal. In Michigan these limits are 20/40/10 which means you must have $20,000 of bodily injury coverage per person, $40,000 of bodily injury coverage per accident, and $10,000 of property damage coverage.
- If your Avenger has a loan, almost every bank will make it a condition of the loan that you buy full coverage to guarantee loan repayment. If you cancel or allow the policy to lapse, the lender may have to buy a policy to insure your Dodge at a much higher premium rate and force you to pay much more than you were paying before.
- Car insurance protects not only your Dodge Avenger but also your financial assets. It will also provide coverage for all forms of medical expenses for yourself as well as anyone injured by you. Liability coverage, the one required by state law, will also pay for a defense attorney if you are named as a defendant in an auto accident. If you receive damage to your vehicle caused by a storm or accident, your policy will pay all costs to repair after the deductible has been paid.
The benefits of carrying enough insurance are definitely more than the cost, especially when you need to use it. Unknowingly, the average driver is wasting up to $855 a year so you should quote rates at every renewal to ensure rates are competitive.
Rates and data analysis
The table shown below highlights different insurance prices for Dodge Avenger models. Learning how insurance rates are calculated can be of help when making smart buying decisions.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Avenger Express | $458 | $1038 | $820 | $48 | $246 | $2,610 | $218 |
| Avenger R/T | $458 | $1038 | $820 | $48 | $246 | $2,610 | $218 |
| Avenger SXT | $458 | $1038 | $820 | $48 | $246 | $2,610 | $218 |
| Get Your Own Custom Quote Go | |||||||
Prices above based on married female driver age 40, no speeding tickets, no at-fault accidents, $250 deductibles, and Michigan minimum liability limits. Discounts applied include safe-driver, claim-free, multi-policy, homeowner, and multi-vehicle. Price estimates do not factor in specific garaging location which can modify prices noticeably.
Comparison of policy deductibles
A question often asked by Detroit drivers is how high or low should comp and collision deductibles be. The rates shown below illustrate the price difference between high and low physical damage deductibles. The first rate estimation uses a $100 physical damage deductible and the second rate table uses a $1,000 deductible.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Avenger Express | $594 | $1264 | $780 | $46 | $234 | $2,943 | $245 |
| Avenger R/T | $594 | $1264 | $780 | $46 | $234 | $2,943 | $245 |
| Avenger SXT | $594 | $1264 | $780 | $46 | $234 | $2,943 | $245 |
| Get Your Own Custom Quote Go | |||||||
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Avenger Express | $330 | $666 | $780 | $46 | $234 | $2,056 | $171 |
| Avenger R/T | $330 | $666 | $780 | $46 | $234 | $2,056 | $171 |
| Avenger SXT | $330 | $666 | $780 | $46 | $234 | $2,056 | $171 |
| Get Your Own Custom Quote Go | |||||||
Data rating is based on married male driver age 30, no speeding tickets, no at-fault accidents, and Michigan minimum liability limits. Discounts applied include claim-free, homeowner, safe-driver, multi-vehicle, and multi-policy. Premium costs do not factor in vehicle garaging location which can increase or decrease insurance rates noticeably.
Based on the figures above, using a $100 deductible will cost you about $74 more each month or $888 every year averaged for all Avenger models than buying the higher $1,000 deductible. Since the policyholder would be required to pay $900 more to file a claim with a $1,000 deductible as compared to a $100 deductible, if you tend to go more than 12 months between claim filings, you would more than likely save some money if you elect the higher deductible. Here is a better example of how this decision is made.
| Average monthly premium for $100 deductibles: | $245 |
| Average monthly premium for $1,000 deductibles (subtract): | – $171 |
| Monthly savings from raising deductible: | $74 |
| Difference between deductibles ($1,000 – $100): | $900 |
| Divide difference by monthly savings: | $900 / $74 |
| Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible | 12 months |
Rate difference between full and liability-only coverage
The chart below compares Dodge Avenger annual premium costs with and without full coverage. The premiums assume no tickets, no at-fault accidents, $250 deductibles, marital status is single, and no discounts are applied to the premium.
When to stop buying full coverage
There is no clear-cut formula to eliminate full coverage, but there is a broad guideline. If the yearly cost of comp and collision coverage is more than about 10% of the replacement cost minus the deductible, then you might consider buying liability only.
For example, let’s say your Dodge Avenger book value is $6,000 and you have $1,000 full coverage deductibles. If your vehicle is damaged in an accident, you would only receive $5,000 after the policy deductible has been paid. If it’s costing you more than $500 annually to have full coverage, then it might be time to buy liability only.
There are some scenarios where buying only liability insurance is not recommended. If you have an outstanding loan on your vehicle, you are required to maintain full coverage to protect the lienholder’s interest in the vehicle. Also, if your savings is not enough to buy a different vehicle if your current one is totaled, you should keep full coverage.
Get discounts to get affordable Detroit insurance quotes
Insurance is not an enjoyable expense, but discounts can save money and there are some available that could drop your premiums quite a bit. A few discounts will be applied at the time of quoting, but occasionally some discounts must be asked for prior to receiving the credit.
- Fewer Miles Equal More Savings – Fewer annual miles on your Dodge may enable drivers to earn slightly better premium rates than normal.
- Homeowners Savings – Owning your own home or condo can earn you a little savings due to the fact that maintaining a home requires a higher level of personal finance.
- Safety Course Discount – Successfully completing a driver safety class could possibly earn you a 5% discount and easily pay for the cost of the class.
- New Car Discount – Putting insurance coverage on a new Avenger can save up to 30% compared to insuring an older model.
- Accident-Free Discounts – Insureds who avoid accidents and claims pay much less when compared to drivers with a long claim history.
- Discounts for Multiple Vehicles – Purchasing coverage when you have all your vehicles on one policy could earn a price break for each car.
- Air Bag Discount – Options like air bags and/or automatic seat belt systems could see savings as much as 30%.
- Discount for Life Insurance – If the company offers life insurance, you could get a discount if you purchase some life insurance too.
Please keep in mind that most discounts do not apply to the entire policy premium. Some only reduce the price of certain insurance coverages like collision or personal injury protection. Despite the appearance that it’s possible to get free car insurance, you aren’t that lucky. Any amount of discount will help lower the amount you pay for coverage.
The information below shows the comparison of Dodge Avenger insurance prices with and without policy discounts. The data is based on a male driver, no tickets, no at-fault accidents, Michigan state minimum liability limits, full physical damage coverage, and $100 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with multi-car, marriage, safe-driver, multi-policy, homeowner, and claim-free discounts applied.
If you would like to see a list of insurers who offer online Dodge Avenger insurance quotes in Michigan, click here.
Are insurance agents used anymore?
Some people would prefer to talk to a local agent and doing so can bring peace of mind Good insurance agents are trained to spot inefficiencies and help you file claims. The biggest benefit of getting online price quotes is you may find the lowest rates but still work with a licensed agent. And supporting local agencies is important particularly in Detroit.
To help locate an agent, after submitting this form (opens in new window), your insurance data is immediately sent to companies in Detroit who will give you quotes for your coverage. It’s much easier because you don’t need to drive around since rate quotes are delivered directly to your email. If you wish to get a rate quote from a specific company, you just need to search and find their rate quote page and fill out their quote form.
Independent or Exclusive: It’s your choice
When searching for local Detroit agents, it’s important to understand the different types of agencies to choose from. Agents in Detroit may be either exclusive or independent. Either type can do a good job, but it is a good idea to know how they differ because it can influence the selection process.
Independent Agencies or Brokers
These type of agents are not restricted to one company and that allows them to write policies through many different auto insurance companies and find you the best rates. To transfer your coverage to a different company, they simply move your policy to a different company and that require little work on your part.
If you need lower rates, it’s recommended you compare quotes from several independent agencies to ensure the widest selection of prices. Many independent agencies also insure through less well-known companies which may have better rates.
Shown below are independent insurance agencies in Detroit that may be able to give you pricing information.
- L.A. Insurance Agency
15607 Grand River Ave – Detroit, MI 48227 – (313) 835-4000 – View Map - Detroit Auto Insurance
620 Woodward Ave – Detroit, MI 48226 – (517) 618-1693 – View Map - Titan Insurance
3144 Woods Cir Dr – Detroit, MI 48207 – (313) 974-7085 – View Map
Exclusive Auto Insurance Agencies
Agents in the exclusive channel are contracted to one company like AAA, State Farm, Farmers Insurance, and Allstate. Exclusive agencies are unable to place coverage with different providers so always compare other rates. Exclusive agents are trained well on their products and sales techniques which helps overcome the inability to quote other rates. Some people will only buy from exclusive agents primarily because of the brand rather than having the cheapest rates.
The following are exclusive insurance agents in Detroit that can give you price quote information.
- Allstate Insurance: Ago Benavides
3570 W Vernor Hwy – Detroit, MI 48216 – (313) 849-2000 – View Map - Angela Hughes – State Farm Insurance Agent
14511 W McNichols Rd – Detroit, MI 48235 – (313) 862-7800 – View Map - Jim Saucedo – State Farm Insurance Agent
5602 Vernor Hwy – Detroit, MI 48209 – (313) 841-8100 – View Map
Finding the right car insurance agent requires you to look at more than just a cheap price quote. Here are some questions to ask:
- Which family members are covered?
- Can you contact them at any time?
- Does the company have a solid financial rating?
- Which insurance company do they prefer to write with?
- Do they write coverage based solely on cost?
- If you raise deductibles, how much can you save?
- Is vehicle damage repaired with OEM or aftermarket parts?
More effort can pay off
Cheap Dodge Avenger insurance in Detroit can be sourced from both online companies and with local Detroit insurance agents, so you need to shop Detroit car insurance with both to get a complete price analysis. Some companies don’t offer online rate quotes and most of the time these regional insurance providers only sell through independent agents.
Insureds leave their current company for many reasons like policy non-renewal, delays in paying claims, being labeled a high risk driver or unfair underwriting practices. Whatever your reason, finding a new company is actually quite simple.
When buying insurance coverage, it’s very important that you do not skimp on coverage in order to save money. There have been many situations where someone dropped uninsured motorist or liability limits only to regret they didn’t have enough coverage. Your strategy should be to purchase plenty of coverage at a price you can afford.
Much more information about car insurance in Michigan is available at these links:
- Warning systems don’t curb driver distraction (Insurance Institute for Highway Safety)
- Who Has Affordable Auto Insurance for Drivers with a DUI in Detroit? (FAQ)
- What Auto Insurance is Cheapest for Drivers Over Age 50 in Detroit? (FAQ)
- What Car Insurance is Cheapest for Safe Drivers in Detroit? (FAQ)
- Who Has the Cheapest Car Insurance for Good Drivers in Detroit? (FAQ)
- What Insurance is Cheapest for 19 Year Olds in Detroit? (FAQ)
- Who Has Affordable Detroit Auto Insurance for a Nissan Rogue? (FAQ)
- Choosing a Car for Your Teen (State Farm)
- Older Drivers FAQ (iihs.org)
- Should I Buy a New or Used Car? (Allstate)
- Vehicle Insurance (Wikipedia)