If saving money is your primary concern, then the best way to get more affordable auto insurance rates is to start comparing rates regularly from companies who sell auto insurance in Detroit. You can compare rates by following these guidelines.
- Read and learn about what is in your policy and the measures you can control to keep rates in check. Many risk factors that are responsible for high rates like traffic citations, accidents, and an unfavorable credit rating can be eliminated by making minor changes in your lifestyle.
- Compare price quotes from exclusive agents, independent agents, and direct providers. Exclusive and direct companies can give quotes from one company like Progressive or State Farm, while independent agencies can provide prices from multiple companies.
- Compare the new rate quotes to your current policy and see if there is a cheaper rate in Detroit. If you find a lower rate quote and switch companies, verify that coverage does not lapse between policies.
An important part of this process is that you use the same liability limits and deductibles on every quote request and and to look at as many different companies as possible. This ensures an accurate price comparison and the best rate selection.
It’s easy to assume that auto insurance companies don’t want you to look at other companies. Insureds who compare rates annually are inclined to move their business because of the good chance of finding a cheaper policy. A recent car insurance study discovered that people who compared rates once a year saved $850 each year as compared to drivers who never shopped around for cheaper prices.
If finding discount rates on car insurance in Detroit is your target objective, then knowing the best ways to find and compare cheaper coverage can help you be more efficient.
Why Your Insurance Prices might be higher
Part of the car insurance buying process is learning the rating factors that come into play when calculating your policy premiums. If you have a feel for what controls the rates you pay, this allows you to make educated decisions that can help you get better car insurance rates.
How many coverages with the same company – Most insurance companies afford better rates to policyholders who carry more than one policy. It’s known as a multi-policy discount. If you currently are using one company, you still need to check prices from other companies to ensure the best deal.There is a good possibility that you can find a better deal even if you have your coverage with different companies
Prices may be higher where you live – Residing in less populated areas can save you money when trying to find low car insurance rates. Less people means less chance of accidents and a lower car theft rate. Residents of big cities have to deal with more traffic problems and longer commute times. More time on the road means more chances of being involved in an auto accident.
Having a spouse is a good thing – Having a spouse may earn you lower rates on your car insurance bill. Marriage means you’re more mature and responsible and statistics prove married couples file fewer claims.
When should you file insurance claims? – If you file a lot of claims you can definitely plan on higher rates. Companies in Michigan give cheaper rates to insureds who are not frequent claim filers. Your insurance policy is meant to be used in the event of more catastrophic claims.
Prices also based on gender – Statistics have proven women are more cautious behind the wheel. The data does not necessarily mean that women are better drivers. Men and women have accidents at about the same rate, but guys tend to have higher claims. In addition to higher claims, males also receive more costly citations like DUI and reckless driving. Male teenagers are the most expensive to insure so it costs more to insure them.
The example below compares Scion xD insurance rates for male and female drivers. The prices are based on no claims, a clean driving record, full coverage, $500 deductibles, single status, and no discounts are applied to the premium.
Car insurance rates and your occupation – Did you know that where you work can have an impact on rates? Occupations such as doctors, business owners, and emergency personnel are shown to have higher rates than the rest of us attributed to intense work requirements and extremely grueling work hours. On the flip side, careers such as actors, students and retirees get better rates.
The most recommended method to compare insurance rates from multiple companies utilizes the fact most insurance companies have advanced systems to give you rate quotes. To start a quote, the only thing you need to do is give them rating details like if you’re married, how much education you have, the make and model of your vehicles, and any included safety features. Your insurance information is then submitted to many different companies and they return cost estimate with very little delay.
To start a quote now, click here then complete the form.
The companies shown below offer comparison quotes in Detroit, MI. To locate cheap car insurance in Detroit, we suggest you visit as many as you can to get the cheapest price.
Coverage statistics and figures
The information below covers estimates of prices for Scion xD models. Having a good grasp of how insurance prices are formulated is important for you to make smart choices when comparing insurance quotes.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| XD 4-Dr Hatchback | $530 | $900 | $904 | $54 | $270 | $2,658 | $222 |
| Get Your Own Custom Quote Go | |||||||
Table data represents single male driver age 30, no speeding tickets, no at-fault accidents, $250 deductibles, and Michigan minimum liability limits. Discounts applied include safe-driver, claim-free, homeowner, multi-vehicle, and multi-policy. Price estimates do not factor in your specific Detroit location which can impact auto insurance rates considerably.
Policy deductible comparison
A question often asked by Detroit drivers is how high or low should comp and collision deductibles be. The rates below can help you understand the price difference between low and high physical damage coverage deductibles. The first rate comparisons uses a $100 deductible and the second price chart uses a $500 deductible.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| XD 4-Dr Hatchback | $518 | $1074 | $690 | $40 | $206 | $2,553 | $213 |
| Get Your Own Custom Quote Go | |||||||
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| XD 4-Dr Hatchback | $378 | $726 | $690 | $40 | $206 | $2,040 | $170 |
| Get Your Own Custom Quote Go | |||||||
Prices based on married male driver age 30, no speeding tickets, no at-fault accidents, and Michigan minimum liability limits. Discounts applied include multi-vehicle, safe-driver, claim-free, multi-policy, and homeowner. Information does not factor in vehicle location which can change price quotes substantially.
Based on the figures above, using a $100 deductible will cost you approximately $43 more each month or $516 for a full year than quoting the higher $500 deductible. Because you would be required to pay $400 more if you turn in a claim with a $500 deductible as compared to a $100 deductible, if you tend to have at least 9 months between claim filings, you would most likely save money if you choose a higher deductible.
How to determine when to raise your deductibles
| Average monthly premium for $100 deductibles: | $213 |
| Average monthly premium for $500 deductibles (subtract): | – $170 |
| Monthly savings from raising deductible: | $43 |
| Difference between deductibles ($500 – $100): | $400 |
| Divide difference by monthly savings: | $400 / $43 |
| Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible | 9 months |
The example below shows how choosing a deductible and can increase or decrease Scion xD annual premium costs for different age groups. The rate quotes are based on a single male driver, comprehensive and collision coverage, and no discounts are taken into consideration.
Car insurance is not optional
Despite the high insurance cost for a Scion xD in Detroit, paying for car insurance serves an important purpose.
- Almost all states have mandatory liability insurance requirements which means you are required to buy specific limits of liability insurance in order to get the vehicle licensed. 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 you have a lien on your vehicle, it’s most likely the lender will require that you have full coverage to ensure the loan is repaid in case of a total loss. If you let the policy lapse, the lender may insure your Scion at a much higher rate and force you to pay much more than you were paying before.
- Car insurance preserves both your assets and your Scion. It also can pay for hospital and medical expenses for not only you but also any passengers injured in an accident. As part of your policy, liability insurance will also pay for a defense attorney if someone files suit against you as the result of an accident. If you have damage to your Scion as the result of the weather or an accident, collision and comprehensive coverages will cover the damage repairs after a deductible is paid.
The benefits of having car insurance more than cancel out the cost, particularly if you ever have a claim. According to a 2015 survey, the average American driver is overpaying over $825 a year so compare rates at every policy renewal to save money.
These discounts can lower your auto insurance quotes
Auto insurance is not an enjoyable expense, but there could be available discounts that you may not even know about. Some discounts apply automatically when you get a quote, but a few must be specially asked for in order for you to get them. If you’re not getting every credit you qualify for, you could be getting lower rates.
- Discount for New Cars – Buying auto insurance coverage on a new vehicle can be considerably cheaper since newer models have better safety ratings.
- Active Military Service – Being deployed in the military may lower your auto insurance rates slightly.
- Paper-free Discount – A few insurance companies will give a small break for buying your policy digitally online.
- Low Mileage – Low mileage vehicles can qualify you for substantially lower auto insurance rates.
- Good Grades Discount – A discount for being a good student may save you up to 25%. Many companies even apply the discount to college students well after school through age 25.
- Detroit Homeowners Pay Less – Owning your own home or condo can save a few bucks due to the fact that maintaining a home is proof of financial responsibility.
- Government Employee Discount – Simply working for the federal government may qualify for a discount when you quote Detroit auto insurance with select insurance companies.
- Discount for Multiple Policies – When you have multiple policies and place coverage with the same company you may save at least 10% off all policies.
Discounts lower rates, but most of the big mark downs will not be given to your bottom line cost. A few only apply to specific coverage prices like collision or personal injury protection. So when the math indicates you would end up receiving a 100% discount, companies wouldn’t make money that way.
The chart below illustrates the comparison of Scion xD auto insurance costs with and without some available policy discounts. The rates are based on a female driver, no claims or driving violations, Michigan state minimum liability limits, comp and collision included, and $500 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with marriage, claim-free, multi-policy, homeowner, safe-driver, and multi-car discounts applied.
A partial list of companies that may offer policyholders these benefits possibly include:
If you are trying to find affordable Scion xD insurance quotes, ask each company or agent which discounts you may be entitled to. All car insurance discounts may not apply to policyholders in your state.
Shop online but buy locally
Many people just want to buy from a licensed agent and that can be a great decision Professional agents can help determine the best coverages and help in the event of a claim. A good thing about comparing auto insurance online is you can get better rates and still have a local agent.
To make it easy to find an agent, after completing this form (opens in new window), your information is instantly submitted to local insurance agents who will give competitive quotes to get your business. There is no need to search for any insurance agencies because prices are sent immediately to you. If you need to get a price quote from one company in particular, just search and find their rate quote page and give them your coverage information.
Finding the right provider requires you to look at more than just the premium amount. Any good agent in Detroit should know the answers to these questions.
- Do they get extra compensation for selling add-on coverages?
- Are they involved in claim handling?
- Will a damage claim use OEM or aftermarket replacement parts?
- Does the company have a solid financial rating?
- How much will you save each year by using a higher deductible?
Is an exclusive or independent car insurance agent right for you?
When researching a local Detroit insurance agency, you should know the types of agencies that differ in how they can insure your vehicles. Agents in Detroit can be classified as either exclusive or independent agents depending on their company appointments. Either one can insure your vehicles properly, but we need to point out the difference in the companies they write for because it can factor into your selection of an agent.
Exclusive Agents
Exclusive insurance agents are contracted to one company and examples are Farmers Insurance, American Family, State Farm and Allstate. Exclusive agents are unable to provide prices from multiple companies so you need to shop around if the rates are high. Exclusive agents are trained well on their company’s products which helps offset the inability to provide other markets. Consumers frequently buy from exclusive agents mostly because of the brand legacy and the convenience of having all coverages with one company.
Listed below is a list of exclusive agencies in Detroit that are able to give price quotes.
- Charlotte Knight – State Farm Insurance Agent
7100 W Seven Mile Rd – Detroit, MI 48221 – (313) 340-9000 – View Map - John Cash – State Farm Insurance Agent
19203 Grand River Ave – Detroit, MI 48223 – (313) 537-1200 – View Map - Jim Saucedo – State Farm Insurance Agent
5602 Vernor Hwy – Detroit, MI 48209 – (313) 841-8100 – View Map
Independent Insurance Agents
Independent agencies are not required to write business for one company and that gives them the ability to insure through many different auto insurance companies and get the cheapest rates. If they quote lower rates, they can switch companies in-house and you don’t have to switch agencies.
If you need lower rates, you absolutely need to check rates from a few independent agents to get the most accurate price comparison. Most also write with companies that do not advertise much who may have lower rates.
Listed below are Detroit independent agencies that are able to give comparison quotes.
- Marsh
600 Renaissance Center # 2100 – Detroit, MI 48243 – (313) 393-6800 – View Map - J Healan Baker Insurance
645 Griswold St # 2015 – Detroit, MI 48226 – (313) 963-0480 – View Map - Look! Insurance
11324 W Jefferson Ave # 1 – River Rouge, MI 48218 – (888) 566-5467 – View Map
There’s no such thing as the perfect auto insurance policy
When buying insurance from an agent or online for your personal vehicles, there is no one size fits all plan. Your needs are unique to you so your insurance needs to address that.
Here are some questions about coverages that might help in determining if your insurance needs would benefit from professional advice.
- Are all vehicle passengers covered by medical payments coverage?
- What are good deductibles for a Scion xD?
- Am I covered if my car is in a flood?
- Am I covered when delivering products for my home-based business?
- Should I put collision coverage on all my vehicles?
- Are my friends covered when driving my car?
- How long can I keep a teen driver on my policy?
If you’re not sure about those questions but you think they might apply to your situation, then you may want to think about talking to a licensed agent. If you want to speak to an agent in your area, complete this form or you can also visit this page to select a carrier It only takes a few minutes and can help protect your family.
Persistence will pay off
You just learned some good ideas how to lower your Scion xD insurance premium rates in Detroit. It’s most important to understand that the more quotes you get, the higher the chance of saving money. Drivers may even discover the biggest savings come from the least-expected company. Regional companies often have lower prices on specific markets as compared to the big name companies such as State Farm or Progressive.
Cheap Scion xD insurance in Detroit is attainable on the web and from local insurance agents, and you need to comparison shop both in order to have the best price selection to choose from. There are still a few companies who do not offer internet price quotes and these regional carriers sell through independent agents.
Even more information can be read in these articles:
- Five Tips to Save on Auto Insurance (Insurance Information Institute)
- Who Has Cheap Detroit Car Insurance Quotes for Police Officers? (FAQ)
- Who Has Cheap Detroit Car Insurance Rates for Single Moms? (FAQ)
- Who Has Cheap Detroit Auto Insurance Rates for a GMC Sierra? (FAQ)
- Who Has Cheap Car Insurance Quotes for Veterans in Detroit? (FAQ)
- Who Has Affordable Auto Insurance Rates for Inexperienced Drivers in Detroit? (FAQ)
- Teen Driving and Texting (State Farm)
- Vehicle Insurance in the U.S. (Wikipedia)