Although Ann Arbor is considered one of the "premier" college towns in all of the U.S., residents still need car insurance like anywhere else. As the home to thousands of young residents, car insurance can prove tricky. Michigan is already expensive for auto policies, and even more expensive for younger drivers. We explore which company young and older drivers are better off going with for the best rate.
Cheapest Auto Insurance in Ann Arbor, MI
By using a 30 year old male with a clean driving record as sample driver, we were able to compare quotes from 22 companies in Ann Arbor to see what companies offered the cheapest rates. The best overall was MetLife followed by Hastings Mutual, with both companies offering full coverage for a year at prices far below the city average. Below you can see the five cheapest auto insurers and how they relate to the city average price.
It is not a mistake that the large auto insurance companies like State Farm or Allstate are absent. Those companies proved to be one of the pricest options for our profiled motorist in Ann Arbor. When you need to buy auto insurance, it is very important you shop around. Brand recognition does not automatically mean the best price.
Cheapest Car Insurance For Students
Unlike most other U.S. cities, the sample 30 year old male driver will only apply to a small proportion of the population. Home to Big Blue, a large percentage of the Ann Arbor populace is between the ages of 18 and 24. For those University of Michigan students, car insurance is more expensive and the best companies change a bit as the graph shows:
MetLife no longer becomes the best option for young drivers, while Hastings Mutual moves into the top spot. Other more expensive options like MEEMIC and Wolverine Mutual also prove to be better options for college drivers than some other companies that were cheaper for older drivers. This just proves there is no one size fits all answer, and it's best to shop around for quotes.
A List of Insurers and Agencies in Ann Arbor
While a few companies allow drivers to complete the entire purchasing process online, most companies still require going through an agent when buying a policy. We list below 10 insurers and agencies in the Ann Arbor area.
|Heidi Kussurelis Agency Inc||2405 S Main St, Ann Arbor, MI 48103, United States|
|Arbor Insurance Agency, Inc.||2750 Carpenter Rd #3, Ann Arbor, MI 48108, United States|
|State Farm: Ben Torres||318 S Ashley St, Ann Arbor, MI 48104, United States|
|Allstate Insurance: Cliff Hart||530 S Maple Rd, Ann Arbor, MI 48103, United States|
|State Farm: Lynn Raade||3570 Plymouth Rd, Ann Arbor, MI 48105, United States|
|Hannigan Insurance Agency||650 Avis Dr #200, Ann Arbor, MI 48108, United States|
|Liberty Mutual - Ann Arbor, MI||760 W Eisenhower Pkwy Ste 100, Ann Arbor, MI 48103, United States|
|Lifetime Insurance Services||2723 S State St #150a, Ann Arbor, MI 48104, United States|
|Ann Arbor Insurance Associates, LLC||1925 Pauline Blvd, Ann Arbor, MI 48103, United States|
|Allstate Insurance: Adam Khalil||3676 S State St, Ann Arbor, MI 48108, United States|
|Farmers Insurance - James Mcintyre||2350 Washtenaw Ave #18, Ann Arbor, MI 48104, United States|
|Amica Mutual Insurance Company||777 E Eisenhower Pkwy #760, Ann Arbor, MI 48108, United States|
|John Avery - State Farm Insurance Agent||709 W Ellsworth Rd #112, Ann Arbor, MI 48108, United States|
|Allstate Insurance: Michael Barrett||2649 Plymouth Rd, Ann Arbor, MI 48105, United States|
|State Farm Insurance - Matthew Fahoome||2221 Jackson Ave, Ann Arbor, MI 48103, United States|
|Joe Simkins - State Farm Insurance Agent||2739 Plymouth Rd, Ann Arbor, MI 48105, United States|
|Gordon Group Agency||3376 Washtenaw Ave, Ann Arbor, MI 48104, United States|
|Barb Young - State Farm Insurance Agent||2411 Oak Valley Dr #200, Ann Arbor, MI 48103, United States|
|Allstate Insurance: Brian Hickman||2092 S Main St, Ann Arbor, MI 48103, United States|
|Allstate Insurance: Steve Sinclair||117 N Division St, Ann Arbor, MI 48104, United States|
Car Insurance Requirements
Michigan drivers all have to abide by the same car insurance requirements. Michigan is a no-fault state meaning personal injury protection (PIP) must be on every driver's policy. In Michigan, you are also required to hold property protection insurance (PPI). These extra coverages tend to make auto insurance in Michigan more expensive than most other states. We list all that you are required to have on your car insurance policy below:
|Type of Coverage||Limits|
|Bodily Injury Liability (BI)||$20,000 per person/ $40,000 per accident|
|Property Damage Liability (PD)||$10,000 per accident|
|Personal Injury Protection (PIP)||Unlimited|
|Property Protection Insurance (PPI)||Up to $1 million|
Personal Injury Protection
PIP will cover the medical expenses that stem from injuries in an accident, regardless if you or the other driver caused the accident. PIP is also unlimited in Michigan, so your medical bills can reach any cost and your insurer will cover you. If your injuries keep you out of work, PIP will cover your lost earnings up to a certain amount until you recover. To help with the high cost of PIP, Michigan allows you to coordinate your health insurance plan with your PIP. Your health plan will cover all of your injuries while PIP will cover lost wages. If you are on Medicaid or Medicare however, you won't be able to coordinate.