Big Rapids Car Insurance

Everything You Need to Know About Car Insurance in Big Rapids, MI

Big Rapids, MI is a small city, so it does not experience heavy traffic in the way a larger city might, but its roadways still see their fair share of cars — particularly along State Street, Perry Avenue and 3rd Avenue. You have the risk of being involved in a collision every time you get behind the wheel of your car, and this risk increases according to the number of other drivers on the road. Fortunately, when you are backed by a suitable Big Rapids auto insurance policy, you do not need to worry about experiencing significant financial losses in the wake of an accident.

Finding reliable insurance at an affordable price is easy when you work with one of the many independent insurance agents in our network. These local agents can provide you with a selection of competitively priced Big Rapids car insurance quotes from a number of reputable insurers. They can also explain your coverage options and answer any insurance-related questions you may have. Find an in or near Big Rapids to learn more.

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

Auto insurance rates in Michigan are significantly higher than the national average, so if you want to save money, comparison shopping is imperative. Of course, the rates listed above can only give you a general idea of what you might expect to pay. Actual rates can vary significantly from one person to the next because they are calculated according to a number of different variables. Some factors that insurance companies may use to rate risks and determine rates include the following:

  • The ZIP code in which you live
  • The location where you park your car: garage, carport, driveway or street
  • The approximate number of miles you drive per year
  • The make, model, year and safety features of the vehicle(s) you wish to insure as indicated by the vehicle identification number (VIN)
  • The age, sex, marital status and driving records of the drivers who will be included on your policy
  • The amount of liability insurance you wish to purchase
  • The coverage options you wish to include with your policy
  • The amount of your deductible

Because each company you contact is likely to quote you a different cost for your coverage, you are best able to find a great price when you compare rates from at least three competing providers.

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

These minimums are sufficient to cover your liability costs in the case of most vehicular accidents. However, a major collision that involves severe injuries or excessive property damage can easily exceed these minimum requirements. In that case, you are responsible for making up the difference on your own. This can lead to a large financial hardship. That is why you may want to consider better protecting your assets by purchasing coverage with higher liability limits. Your agent can help you review costs for different levels of coverage. That way, you can get an idea of how much liability coverage you can reasonably afford when you are purchasing your Big Rapids auto insurance policy.

Number of Uninsured Motorists in Michigan

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

If you are caught driving without insurance that meets or exceeds Michigan’s minimum coverage requirements, you could be penalized with fines up to $500, have your driver’s license suspended for up to 30 days and potentially even face jail time. Despite this, an estimated one in five motorists on this state’s roadways is driving without insurance. This puts you, as a law-abiding citizen, at risk for financial losses because if an insured driver is at fault for a collision with you, that driver is responsible for covering your property damage and medical treatments out of pocket. Unfortunately, it can often be difficult and time-consuming to collect compensation from these drivers.

That is why it is a very good idea to include uninsured motorist coverage as part of your Big Rapids car insurance policy. That way, your insurance company covers your damage upfront and then attempts to collect reimbursement from the offending driver on its own behalf. This optional insurance also covers damage and injuries resulting from collisions involving 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 the state of Michigan is higher than the national average, unfortunately; but in Big Rapids, it is very low. In recent years, there were only three car thefts reported in this city. That equates to about 0.28 thefts per every 1,000 vehicles — well below the national rate. In the event that your car is stolen, you can receive compensation only if your Big Rapids auto insurance policy includes comprehensive (“other than collision”) insurance. This insurance also covers damage caused by such hazards as falling objects, floods, vandalism, and noncollision fires. It is typically required by financial lenders if you are still paying for your car.

Find the Best Big Rapids Car Insurance Policy

If you are looking for an affordable Big Rapids auto insurance policy that will provide all the coverage that you and your family need, you can benefit from working with an independent agent in our network. Because they are not tied to a single insurance company, these agents are able to shop around and collect a variety of customized quotes from competing insurance companies. In a state where the cost of car insurance is already extremely high, there is no reason why you should pay more than you have to for your auto insurance. A local agent can help you find the best rate for your coverage. 

Find an agent near you to learn more about your coverage options, and discover how easy it is to save money on your premiums by comparing Big Rapids car insurance quotes.

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