Get A Quote Today & You Can Save $642 On Your Car Insurance!
More Policies Equal More Savings
You can get about 50% in potential discounts when you bundle multiple policies with us. In addition to car insurance, we offer various auto, home and commercial coverage to our Michigan residents and businesses.
Why Choose Compass For Your Car Insurance
- Exemplary customer service with a personal touch.
- Your choice of about 20 insurance providers.
- Manage all of your insurance policies from one place, saving you time and money.
- Deep involvement with the local community.
- Been servicing Michigan since 1969 (originating in Grand Rapids) and our reputation is what keeps us going.
- We work for you, not the insurance companies.
These are just some of the ways in which we stand out. To us, our clients are family and we treat them as such. We work closely with you to customize your coverage, respond promptly when you contact us, are with you through the claims process, are available 24/7 via various channels and commit our staff to continued education in order to provide the best possible service.
We are independent agents. Why does this matter to you? Because it allows us to work with lots of insurance carriers to offer a variety of rates, policies and levels of coverage. You have individual needs. Your insurance coverage should meet them.
We keep it personal - in the truest sense of the word. You will know who you are talking to when you call us. Our staff will get to know you. This will not only make your interactions with us pleasant - it also ensures we will protect your interests. We work for you, NOT the insurance companies. This personal approach extends to the local community. Active involvement in charities and organizations is one of our top priorities besides serving you!
Different Types Of Car Coverage
Getting car insurance does not have to be complicated or costly. Compass Insurance Agency makes it easy by doing all the legwork for you.
When looking at a policy, it is important to know a little about the different types of coverage that are available:
- Liability coverage - Helps pay for expenses when you cause an accident that results in injury, death or property damage
- Collision coverage - Covers the costs associated with the damage or destruction of your car
- Comprehensive coverage - Takes care of repair costs when your vehicle is damaged by events such as storms or theft
- Uninsured and underinsured motorist coverage - Pays for repairs to your car if the other driver is at fault and does not have insurance
- Medical payments coverage - Covers medical expenses if your passengers or yourself are hurt and funeral expenses if the accident results in death
- Personal umbrella policy - Extends your liability coverage beyond your other underlying limits
- Personal injury protection - Covers medical bills for any injuries you sustain in a covered accident
- Property protection coverage - Covers the costs of repairs if you unintentionally damage someone else’s property
- Roadside coverage - Pays for common roadside services if your car breaks down
- Sound system insurance - Covers the costs of replacing audio or video equipment that was stolen
Michigan Car Insurance Minimum Requirements
Liability requirements differ from state to state. Insurance rates vary, too. What you need to know about car insurance:
Michigan’s minimum liability requirements:
The average car insurance rate in Michigan:
$1,231.39 per year
It is 38.5% higher than the national annual average.
The state of Michigan requires all of its drivers to carry a minimum amount of car insurance. Penalties for the failure to do so include monetary fines and jail time.
Uninsured motorist, personal liability, collision, and comprehensive coverage are all optional.
Michigan is a no-fault state:
Your insurance coverage will take care of your injury claims up to a specified limit regardless of who was at fault for the accident.
FAQs About Car Insurance In Michigan
A number of factors determine your car insurance rates. One of the major considerations is your driving record. A good driving record will drive down the rate. Your credit score also plays a significant role. Lower scores usually mean higher premiums.
Other demographic factors that come into play are your gender, age, marital status and where you live. The type of vehicle being insured matters, as well. Insurance companies take into account the vehicle’s age, size, safety rating and the likelihood it will be stolen.
Factors that can cause your rate to increase include higher auto repair and medical costs, an increase in the number of drivers on the road and a surge in distracted driving incidents.
- Premium - The amount of money you pay a car insurance carrier to provide coverage and pay claims. Premiums are typically paid annually, once every six months or monthly.
- Deductible - The amount of money you pay out of your own pocket before your insurance company steps in to cover the rest of a claim. A low deductible usually means a high premium and vice versa.
- Bodily injury liability - This type of coverage provides protection if you cause an accident that harms or kills someone in another vehicle. It does not cover you or any passengers in your car.
- Limit of liability - The highest amount your insurance company can pay for coverage as dictated by your policy.
- Personal injury protection coverage - This type of coverage steps in where bodily injury liability leaves off, by protecting you and your passengers.
- Collision coverage - This type of coverage pays for damage inflicted on your car by hitting another vehicle or object.
- Comprehensive coverage - This type of coverage kicks in if your car is damaged by an event such as a falling object, natural disaster or theft.
- Property damage coverage - This type of coverage protects you if your car inflicts damage on another person’s property or vehicle.
- Uninsured motorist coverage - This type of coverage protects you and your passengers in the event that an uninsured driver hits your car and injures you (bodily injury). It also covers damages to your car (property).
First, keep it consistent. Make sure you include the deductibles, coverage limits and set of coverages for each quote including any additional coverage you intend to get. This is the only way to ensure you get an accurate comparison. Coverage period is another detail that must remain consistent in order to get the full picture. The premium for a six-month period will look very different than one for a one-year coverage period.
When it comes to your deductible, remember that a higher deductible means a lower insurance rate and vice versa. Carefully consider which of the two options you prefer. At this point, you can review all of the quotes to accurately determine which estimate is most favorable.
And do not forget to take into account which features are included in each policy you are considering. This is critical, as you want a policy that meets your state’s minimum requirements and your individual needs. Some items you may assume are built in free of charge may be provided at a fee. It is imperative to confirm what is included and what is not.
Interesting Statistics About Michigan Drivers
Did you know:
- Credit score affects car insurance rates in Michigan more so than in any other state.
- Michigan ranks in the top 10 states for the highest number of stolen vehicles.
- There were 3.2 million automobiles registered in Michigan including private and commercial vehicles.
- Teenagers who wish to drive in Michigan may obtain their learner’s permit at 14 years and 9 months of age, a restricted driver’s license when they are 16 years old and a full license at the age of 17.