The Zebra reports that boosting your credit score also has a positive impact on your insurance premium. Detroit Auto Insurance Premiums by Credit Tier The Zebra reports that your rates could increase by an average of $13,502 per year with a reckless driving ticket, $4273 with a speeding ticket, and $13,069 after a DUI. Insurance companies take on a much higher risk when insuring drivers who have spotty records, according to MoneyGeek. Some of the incidents that raise policy costs the most include speeding tickets, reckless driving tickets, arrests for driving under the influence, and at-fault accidents. You can significantly lower your auto insurance premium prices by avoiding accidents and claims. Average Detroit Insurance Rates After a Violation or Accident Statistically speaking, female drivers represent a higher risk for Detroit insurance providers. Male drivers get a price break of about $180 annually on auto insurance compared to female drivers. Insurance companies find that single drivers file more claims than their counterparts who are married or widowed. Widowed drivers also have lower rates than single drivers. The Zebra reports that single drivers pay about $51 more for auto insurance than married drivers who otherwise have similar characteristics. Detroit Car Insurance Premiums by Gender and Marital Status The average increases just slightly to $6050 per year for drivers in their 60s. No other location has a price gap this large between age 19 and 20.ĭetroit drivers in their 50s have the lowest car insurance rates. Once drivers turn 20, they save more than $10,000 per year on average compared to the price for auto insurance as an adolescent. The Zebra reports that as in most of the U.S., teenagers have the most expensive auto insurance costs in Detroit. Detroit Auto Insurance Premiums by Driver Age The website recommends GEICO as an alternative and recommends that drivers steer clear of Farmers Insurance, the most expensive car insurer in the city. NerdWallet found that while USAA offers the most affordable policies for Detroit drivers, they write insurance exclusively for military members and families. The Zebra notes that most drivers who live in Detroit find the lowest rates from Progressive. Shopping around for a car policy will probably save you money. average premium of $1548 per year and the state average of $3096 per year. Michigan + National AveragesĪccording to the website The Zebra, $6280 is the average annual auto policy cost for a Detroit motorist. Here's what you need to know about finding affordable Detroit auto insurance. Insurance companies use these factors to determine the risk of offering you coverage and set your premium cost accordingly.
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