Bay City Car Insurance

Everything You Need to Know About Car Insurance in Bay City, MI

With approximately 35,000 residents, Bay City, MI does not see heavy roadway congestion to the degree that larger cities might; but some area roads, such as McKinley Street, Woodside Avenue, and the Bay City Loop, do see their fair share of traffic each day. Whenever you share the roads with a lot of other drivers, you have an increased risk of being in a motor vehicle accident. Fortunately, a suitable Bay City auto insurance policy can protect your finances by providing coverage against a number of the hazards you may face.

Car insurance is required of vehicle owners in Michigan, but overpaying for it is not. Independent insurance agents in our network can help you review a selection of affordable Bay City car insurance policies that have been customized to fit your coverage and budgetary needs. Find an agent near you to learn more, and you can soon start comparing quotes from a variety of reputable insurers.

  • National average cost per year: $1,311
  • Michigan average cost per year: $2,476
  • #1 most expensive auto premium in the U.S.

Unfortunately for those looking to buy a Bay City car insurance policy, the average cost of car insurance in Michigan greatly exceeds the national average, with residents in this state paying the highest rates in the country. Of course, you should expect that your actual rates will be a bit different from the averages shown above because they are calculated based on several different factors. These include but are not limited to the following:

  • The ZIP code where you live
  • The location where you park your car (street, driveway, garage)
  • The make, model and year of the car(s) you are insuring
  • Your claims history and credit score
  • The amount of coverage you are purchasing
  • The amount of your deductible
  • The age, sex, marital status and driving records of all drivers in your household

Because so many different factors are used when calculating your Bay City auto insurance rates and because each insurance company has a different method of assessing risk, you are likely to get several different quotes. That is why comparison shopping makes it possible for you to find the best price for your coverage.

Michigan Car Insurance Requirements

  • 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 per individual, and $10,000 coverage for property damage

If you are caught driving without insurance that meets or exceeds the state-mandated minimums, you can be convicted of a misdemeanor. Penalties for this illegal act include a fine of between $200 and $500, the suspension of your driver’s license for 30 days or until you provide proof of insurance coverage, and the possibility of facing up to one year in jail. Additionally, if you are responsible for an accident while driving without insurance, you can be held financially responsible for any resultant damage and injuries.

Number of Uninsured Motorists in Michigan

  • Number of uninsured U.S. drivers: 12.6%
  • Number of uninsured Michigan drivers: 21.0%

Despite the penalties that can accompany it, driving without insurance is a serious problem in Michigan. Approximately one in five drivers on the state’s roadways is driving without coverage. This crime puts you at risk because if an uninsured driver is responsible for a collision with your vehicle, that person is required to cover your property damage and any necessary medical treatment. Unfortunately, this reimbursement can be extremely difficult, if not impossible, to collect – particularly if the responsible driver has no assets to go after.

The good news is that if you include uninsured motorist coverage with your Bay City auto insurance policy, you are covered. In such an event, your insurance company covers your costs upfront and then goes after the uninsured driver on its own behalf. This optional insurance also covers damage from collisions with hit-and-run drivers.

Number of Auto Thefts in Michigan

  • National number of thefts per 1,000 vehicles: 2.94
  • Michigan number of thefts per 1,000 vehicles: 3.33

The rate of car theft in Michigan is higher than the national average, but the risk is lower in Bay City. In recent years, there were 54 car thefts reported in this city. That equates to about 1.57 thefts per 1,000 vehicles – about half the national average. These low rates of car theft can have a positive influence on your insurance rates. You can protect your finances against losses related to car theft by supplementing your Bay City car insurance policy with comprehensive, or “other than collision,” insurance. This optional coverage compensates you if your car is stolen. It also provides coverage if your car is damaged by other noncollision catastrophes, such as by falling objects, fires, floods or vandalism.

Find a Great Bay City Car Insurance Policy

When you are shopping for Bay City auto insurance, you will want to be sure that you are purchasing your policy from a trustworthy insurance company and that you are getting your coverage at a reasonable rate. Comparison shopping can help you find the most affordable policy, but it can be time-consuming and exasperating for those who do it on their own.

That is why it is advantageous to enlist the help of an independent insurance agent in our network. These agents make gathering and comparing rates simple. They can use their relationships with a number of dependable insurance companies to quickly and easily gather a variety of Bay City auto insurance quotes for policies that are customized to meet your coverage needs. 

Find an agent with an office in the Bay City area to get started.

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