Cheap Car Insurance in Lansing, MI

Are you one of the many motorists currently looking for cheap auto insurance in Lansing, MI? Believe us when we say you are far from the only one. However, unlike all the other drivers out there who want a better deal on their premiums, you are one big step closer to achieving that goal. Below, we will show you how you can cross that threshold and start saving hundreds on your insurance costs every year.

Lansing is the quiet capital of the state of Michigan and is straddled across three different counties: Ingham County, Eaton County, and Clinton County. It is the fifth largest city in Michigan right now. Locals affectionately refer to it as “Mid-Michigan” because so much of the state’s cultural, educational, governmental, industrial, and commercial enterprises intersect here.

  • Fun fact: You won’t have to worry about any unsightly plumber’s crack in Lansing, because the city is #7 on the list of top 100 cities with the greatest percentage of females working in installation, maintenance, and repair sectors. But that’s not all you can learn about Lansing!

Auto Insurance Coverage Requirements in Michigan

Driving legally in Lansing requires:

Coverage Requirements Most Common
Bodily Injury Liability 20,000/40,000 100,000/300,000
Property Damage Liability 10,000 100,000
Uninsured Motorist Bodily Injury Not required 20,000/40,000
Medical Payments Not required 5,000
Collision Not required 500 deductible
Comprehensive Not required 100 deductible

Different drivers and different vehicles will require different types of coverage. This is a rule which is about as old as insurance itself. Even if you drive an old clunker, it might not be the best idea to purchase the smallest amount of coverage legally permissible. At the very least, you should consider purchasing larger amounts of liability coverage. Because if you don’t, and you are found at fault in a serious accident, the injured parties can legally come after your assets.

The Michigan state average monthly rate for auto insurance is around $213. Not only is this pretty expensive in general, but it’s higher than average for most of the country. The good news is that this gives you plenty of wiggle room to find an affordable rate. But first you have to know what insurance companies look at when they determine a premium, and how to change your own personal circumstances to look better in their eyes.

Average Monthly Auto Insurance Premiums Legend: Lansing SECURA Hastings Mutual Nationwide Farm Bureau Allied 10 20 30 40 50 60 70 80 90 100 110 120 130 $37 $59 $64 $81 $136

 
Between highly affordable companies like SECURA or more expensive providers such as Allied, there’s a lot going on in the Lansing, MI car insurance market. Depending on your personal circumstances, one company may offer you a better rate than what you see here; other insurance companies may be more expensive than our estimates. It also depends on the type of driver they want to do business with, and whether or not you fall into their categories of “ideal”.

Companies that supply Michigan auto insurance are looking at many different types of drivers, as well as the many different circumstances which make them more or less risky to ensure. Are you a risky investment? Or do you have a generally safe, favorable profile? Answers to these questions will determine how affordable – or expensive – your auto insurance policy will be.

Major Car Insurance Factors in Lansing

Let’s start by talking about some of the most important things an insurance company will consider when you ask them for a quote. Based on where you live, how much driving experience you have, and what type of vehicle you drive (among other things), there are some very important risk factors to consider before they offer you a quote. Such as:

Your Zip Code

Lansing is a fairly sizable city with a grand total of 117,400 living there as of the most recent census. These residents, on average, are bring home about $40,160 a year in salary and other income. Your insurance company will look at the fact that you are sharing the road with so many other drivers – among others traffic statistics in your zip code – and decide whether or not that means you are more likely to get into an accident. And if that increases your risk, well…It may increase your premium, too.

Auto Insurance by Zip Code Legend: Lansing Detroit Sterling Heights Farm Bureau Allied Nationwide 10 20 30 40 50 60 70 80 90 100 110 120 130 140 $81 $99 $102 $136 $143 $105 $64 $63 $48

Automotive Accidents

Speaking of traffic statistics in Lansing, the number of serious accidents the city averages in a given year can also make a difference in how much you pay for your coverage. The most recently recorded data shows that there were only nine fatal accidents in lansing last year. Considering the fact that Lansing is a city of over one hundred thousand people, that’s relatively low. And if your insurance company considered Lansing that much safer of a place drive, you can definitely look forward to paying a lower monthly rate.

Fatal Accidents in Lansing, MI Legend: Lansing Fatal Accidents Vehicles Involved in Fatal Accidents Fatal Crashes Involving Drunk Persons Fatalities Persons Involved in Fatal Crashes Pedestrians Involved in Fatal Crashes 3 6 9 12 15 18 9 15 9 18 4

Auto Thefts in Lansing

There’s been a small uptick of auto theft in Lansing compared to previous years. The most recent data shows an annual theft rate of 375 vehicles; that’s 325.5 per 100,000 residents. But if you’re proactive about protecting your vehicle with, for example, a passive alarm system, you might be able to get a discount off your premiums. Talk to your agent for more information.

Basic vs. Comprehensive Auto Policy Legend: Basic Coverage Comprehensive Coverage Farm Bureau Allied Nationwide 15 30 45 60 75 90 105 120 135 150 165 180 195 210 $81 $162 $136 $216 $64 $185

Your Credit Score

How good is your credit? Specifically, what is your record when it comes to paying other insurance bills on time and in full? That particular chunk of your credit score will make the biggest difference to your insurance company. But, in general, the worse the credit you have, the more they will ask you to pay. This is because their data shows people with poor credit tend to struggle to pay their bills as well as someone with good credit and, sometimes, are riskier drivers.

Auto Insurance by Credit Score Legend: Good Credit Poor Credit Farm Bureau Allied Nationwide 15 30 45 60 75 90 105 120 135 150 165 180 195 210 $81 $133 $136 $222 $64 $77

Your Age

The more experience you have performing a particular task, the better you are at it. That’s something mankind has known for millennia. And driving is no exception. Younger drivers who don’t have very much experience behind the wheel are much more likely to get into an accident, and that accident is much more likely to be a serious (and costly) one. That’s why it’s more expensive for younger drivers – especially if they are on their own insurance policy, can’t show proof of good grades, and don’t take on any form of driver’s education coursework.

Auto Policy Age Comparison Legend: 35 Year Old Driver 17 Year Old Driver Farm Bureau Allied Nationwide 30 60 90 120 150 180 210 240 270 300 330 360 $81 $152 $136 $374 $64 $145

Your Driving Record

What does your driving history look like? Don’t worry, we’re not asking about the entirety of your driving history. Neither is your insurance company. But they do care about the recent past. Specifically, the past 3 to 5 years. Have you gotten into any accidents in that time? Have you received any traffic citations? What about claims? Have you filed any? The more often you can answer “yes” to these questions, the more likely it is that you will see a more expensive premium.

Driving Violations Legend: Perfect Record Minor Violation Major Violation Farm Bureau Allied Nationwide 20 40 60 80 100 120 140 160 180 200 220 240 260 280 $81 $175 $249 $136 $289 Does Not Sell $64 $165 $263

Your Vehicle

Lastly, your insurance provider will ask about what vehicle you are trying to insure. Certain cars – such as leased cars, financed vehicles, and especially those vehicles which are purchased brand new from a dealership – will cost more for insurance. You’re going to want to purchase higher amounts of coverage, as well as optional coverages such as collision, comprehensive, and gap coverage. But older and less expensive vehicles aren’t going to require that much protection. In those cases, you should worry more about your liability limits than anything.

Car Insurance by Make/Model Legend: 2015 Honda Accord 2015 Chevy Corvette Farm Bureau Allied Nationwide 20 40 60 80 100 120 140 160 180 200 220 240 $81 $251 $136 $193 $64 $224

Minor Car Insurance Factors in Lansing

There are many other little things your insurance company will ask you about when they consider underwriting a policy for you. They may not seem very important, but a few extra little discounts here and there can make a real difference.

Your Marital Status

Are you recently married? Well, congratulations. We are all very happy for you. And your insurance company is, too. So much so, in fact, that not only will they give you a minor discount (because their data most likely shows that married people are slightly safer drivers), but you can save upwards of 10% or more by bundling on to the same insurance policy as your spouse. Talk about a wedding present!

Your Gender

For many years, insurance companies would charge one gender more money than the other even if every single other factor on the policy was identical. Companies are starting to move away from this practice now, but this is only a recent development. Although it may only make a percentage point or two difference in your monthly premiums, it might be a good idea to talk to your insurance agent and figure out whether your company does the same thing.

Your Driving Distance to Work

Depending on where you live and work, you could have a relatively short work commute of about 10 minutes for a longer average commute of about 20 minutes from home to the office. And this is true for the 75% of working residents in Lansing who drive their own vehicle to work everyday. A surprisingly high percentage of motorists (16%) will carpool with a co-worker.

Today we have some really amazing technology which can help you save a massive amount of money off your monthly car insurance premiums. Even just a few decades ago, your insurance provider had to take your word as far as how many miles you drive each year. Some of them maybe even sent out agents to record your odometer, but that was rare. These days, however, you can request a mileage tracker device and plug it into your vehicle. This reports the data directly to your insurance provider and they will offer you sometimes as much as 30% less if you drive substantially fewer miles and/or drive less often during rush hour traffic.

Your Coverage and Deductibles

Deductibles can be a little confusing for some drivers. But let’s put it this way: your deductible and your monthly premium have an opposite relationship with one another. The lower your deductible, the higher your premium and vice versa. Low deductibles are great because it won’t take you as much money or as much time to get back on the road after an accident. But higher deductibles will save you more money over time. It’s a delicate balancing act.

Education in Lansing, MI

Compared to the state average in Michigan, only 28% of Lansing residents stopped their education once they achieved their high school diploma or GED. But this number may be low because they have a higher than average rate of bachelor’s degree owners – 19%, to be precise. Believe it or not, there are insurance providers out there who will give you a slight discount for having a higher education. Smarter people save money – it’s a universal truth.

There’s a good explanation for why so many Lansing residents have a higher education. Michigan State University is a mere five miles outside of the city limits. It’s so close but there’s almost no excuse not to get a degree. But if a four-year Endeavor isn’t your style, you can get plenty of different vocational degrees from Lansing Community College or the Ross Medical Education Center-Lansing.

There are many different reasons why you would want to find a new insurance provider. Maybe you had a bad experience after filing a claim, maybe their customer service performance is terrible in general, or maybe you’re just unhappy with the amount they ask you to pay each month. All of these are perfectly valid reasons to start looking around for a new insurance company. And if you comparison-shop with us, all you have to do is give us your zip code and we can find you three to five new accurate, free quotes and a matter of minutes! You can start saving upwards of 33% or more today.

How We Conducted Our Car Insurance Analysis

*We calculated our average rate based on the following metrics: a married, 34 year old male with good credit, a 12-month history of maintaining auto insurance, a clean driving record, who owns his own home. Miles driven annually were based on the national average. The average rate was also calculated based on a financed 2015 Honda Accord with a pre-installed anti-theft device.

Sources:

The Michigan Department of Insurance and Financial Services

Department of Highway Safety and Motor Vehicles

City-Data.com

Census.gov