Alpena Car Insurance

Your Complete Guide to Alpena, MI Car Insurance

It’s not hard to imagine the stress and financial burden you would face after a car crash. And even the most careful drivers are not immune. Accidents from minor fender benders to multi-car pileups can happen at any time on the roads in Alpena. You can have peace of mind if you purchase a quality, reliable car insurance policy. What’s more, Michigan law requires all vehicle owners in the state to have at least a minimum amount of liability coverage in case they cause an accident. Take the confusion out of shopping for car insurance. A local independent insurance agent can explain your options, obtain multiple quotes for comparison, and help you choose the best policy for your needs and budget. 

Michigan Car Insurance Requirements

If you own a vehicle in Michigan, you are required to purchase auto insurance. But this isn’t the only reason to have car insurance. Without it, you are entirely unprotected from the financial consequences of causing a crash. The following are the minimum coverage requirements for Michigan drivers:

  • Bodily injury liability: Required
  • Property damage liability: Required
  • Personal injury protection (PIP): Required
  • Uninsured motorist coverage: Not required
  • Minimum liability limits: 20/40/10; coverage up to $40,000 for all persons injured in an accident, subject to a limit of $20,000 for one individual; and $10,000 coverage for property damage

It’s important to know that if you only purchase the minimum liability coverage, you could be seriously underinsured. If you cause a major collision, the expenses can include medical bills for other drivers and passengers, vehicle repair costs, and even attorney fees and settlements or judgments levied against you if you are sued for negligence. If these exceeded your coverage limits, how would you pay?

Purchasing liability limits that are higher than the state minimum is a good idea. For even more coverage, you can purchase a personal umbrella policy, which offers protection beyond the limits of your auto insurance policy. An independent agent can help determine how much liability coverage is necessary to adequately protect your assets should the worst happen. 

How Much Does Auto Insurance Cost in Alpena, Michigan?

Michigan is the most expensive state in the nation for car insurance, with average rates significantly higher than the national average. Average car insurance rates in Alpena are a little lower than in other areas of the state, but shopping around and taking advantage of discounts is the best way to save. 

  • National average annual car insurance cost: $1,311
  • Michigan average annual car insurance cost: $2,476
  • Alpena average annual car insurance cost: $1,903

Remember, auto insurance rates often vary significantly from one driver to the next. This is because costs are calculated based on several individual factors, such as:

  • Your age, gender, and marital status 
  • Your driving history and credit score
  • Your car’s year, make, and model
  • The approximate number of miles you drive each year
  • The coverage limits, coverage options, and deductibles you choose
  • Whether you are bundling your auto insurance with other policies like homeowners insurance or renters insurance

Every insurance company uses different criteria to calculate car insurance premiums. What’s more, most companies offer a variety of discounts that you can qualify for. An independent agent in Alpena can help you compare quotes, choose policy options, and maximize your discounts. 

Number of Uninsured Motorists in Michigan

Driving without insurance is against the law in Michigan, yet many drivers continue to drive without coverage. Unfortunately, there are a lot of uninsured drivers in Michigan. In fact, the state has the 4th highest percentage of uninsured drivers in the US 

  • How many US drivers are uninsured? 12.6%.
  • How many Michigan drivers are uninsured? 20.3%.

Uninsured motorist coverage is required in some states, but not in Michigan. But without it, you could face serious financial consequences if an uninsured, underinsured, or hit-and-run driver hits you. If you have uninsured motorist coverage, you’ll be reimbursed for your vehicle damage and medical expenses, even if your insurance company can’t collect from the at-fault driver. If the at-fault driver can’t or won’t pay, your insurance company absorbs the costs instead of you. 

Number of Auto Thefts in Michigan

The auto theft rate across the state of Michigan is lower than the national average. In Alpena, the annual auto theft rate is very low.

  • National auto theft rate per 1,000 vehicles: 2.94
  • Michigan auto theft rate per 1,000 vehicles: 2.03
  • Alpena auto theft rate per 1,000 vehicles: 0.89

While Alpena is relatively safe, that doesn’t mean that your car can’t be stolen or vandalized. Around 9 cars are stolen each year in Alpena, on average. If you are one of those vehicle owners, a rare occurrence becomes a real-life nightmare. That’s why it’s important to consider adding comprehensive coverage to your auto insurance policy. It will reimburse you for your lost or damaged car. And it also offers coverage for all kinds of “other than collision” vehicle damage, such as damage from falling objects, floods, structure fires, and more. Talk to a local independent agent about comprehensive coverage, and how it can help you pay to repair your car in a variety of unforeseen circumstances. 

Why Contact an Independent Insurance Agent?

Independent insurance agents are insurance professionals who can explain your coverage options, answer your questions, and provide you with customized car insurance quotes from multiple insurance companies. With the help of an independent agent, you can make an informed choice. 

Start your search by contacting an independent agent in or near Alpena. 

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http://www.naic.org/prod_serv/AUT-PB-14.pdf
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