Top 3 Leading Auto Insurance Providers in Michigan

Auto insurance premiums in Michigan tend to be higher than the national average, with residents typically spending around $1,364 annually compared to approximately $1,009 nationwide.

In Michigan, drivers are responsible for all medical expenses regardless of fault. Therefore, comprehensive auto coverage is essential to safeguard both your vehicle and health. Given Michigan's frequent winter storms and potholes—highlighted by a 2018 AAA report noting a 32% rise in tire damage—optimal insurance is crucial for winter driving safety.

Michigan drivers are required to carry minimum auto insurance coverage, including $20,000 for bodily injury per person, $40,000 per accident, and $10,000 for property damage liability.

Here are Michigan’s top auto insurance providers:

• Auto-Owners Insurance: This award-winning company was ranked among JD Power’s 2017 top auto insurers in the US and holds an A++ financial stability rating. They offer supplemental coverage options such as rental reimbursement, roadside assistance, and protection against decreases in vehicle value. Their Personal Automobile Plus package covers theft, key replacement, and other costs. They also provide discounts for timely payments and online transactions.

• Allstate: With an A+ rating for financial stability, Allstate offers specialized rideshare insurance through its Allstate Ride For Hire® program. Given Michigan’s ride-share regulations requiring Uber and Lyft to carry coverage, Allstate’s partnership with Uber provides drivers with essential commercial auto coverage, making it a top choice for rideshare drivers.

• State Farm: Holding an A++ financial stability rating, State Farm remains Michigan’s most trusted auto insurer despite plans to exit the state market by 2020. They offer a wide range of auto policies, although full coverage options may be limited amid cost-cutting measures. Their reputation for reliability makes them a preferred choice among Michigan drivers.