Ease Your Financial Stress By Saving On Your Coverage
The number of cars on the road has dwindled significantly since government-mandated stay-at-home orders were issued in Michigan in response to the coronavirus outbreak. In fact, people have been traveling 20% fewer miles per day in recent weeks due to being in quarantine.
PRO TIP: One strategy to save money proactively includes changing the status of your car to parked if you have 2 cars & one is just sitting in garage.
This reduction, combined with the financial struggles many Michigan residents are facing due to coronavirus, led many auto insurance providers to announce they would give policyholders something even better than toilet paper – a break on their insurance costs. Large and small insurers alike are granting coronavirus insurance breaks in the form of policy rate cuts or issuing refunds to policyholders.
Some Coronavirus insurance breaks include:
- Refunding a percentage of auto insurance premiums
- Giving policyholders a credit on their premiums
- Flexible bill payment options
- Granting extensions on auto coverage free of charge to those who deliver essential goods
- Granting extensions on the number of days an insurance agency will reimburse policyholders for rental cars
These coronavirus insurance breaks are a welcome relief to financially stressed-out drivers.
You can potentially save even more money by comparing quotes from insurance providers and choosing the company that offers the best savings.
Keep reading to get our tips on how to save money on your auto insurance right now.
Compare Between Multiple Michigan Providers While Social Distancing
While it can be tempting to take the first quote you get, it is essential to compare quotes from multiple insurance carriers in order to ensure you get the best possible rate for your ideal coverage.
Going through this process does not have to be time-consuming when you work with Compass Insurance Agency. We have partnered with 20 of the top auto insurance carriers to give you plenty of options.
We do the work for you and present the quotes to you. All you need to do is make a decision.
Get Better Coverage At A Cheaper Premium During Coronavirus Outbreak
A super cheap car insurance policy will not do you much good if it does not offer a sufficient amount of coverage to protect you and your family. Make sure your policy includes all of the coverages that the state of Michigan legally requires drivers to carry.
Michigan’s minimum liability requirements are 20/40/10. Uninsured motorist, personal liability, collision and comprehensive coverage are all optional. With that said, you should also consider adding optional coverages that apply to your individual situation. Mandatory and optional types of coverage for Michigan drivers include the following.
You need liability coverage in case you cause an accident that results in property damage, injury or death. This coverage helps pay for the resulting expenses.
If your car sustains damage or gets destroyed, collision coverage takes care of the associated costs.
Paying costs that stem from events such as theft or storms becomes easier with comprehensive coverage, which takes care of them for you.
Uninsured And Underinsured Motorist Coverage
If another driver causes damage to your car in a collision or hits it while your vehicle is parked, uninsured and underinsured motorist coverage pays for the repairs.
Medical Payments Coverage
This coverage provides financial assistance for medical expenses if your passengers or yourself sustain injuries and funeral expenses if anyone dies in the accident.
Personal Injury Protection
You will not have to worry about the cost of medical bills arising from injuries sustained in an accident if you have personal injury protection.
Property Protection Coverage
If you damage someone else’s property, property protection coverage takes care of the cost of the repairs.
The last thing you want is to get stuck paying for roadside services if your car breaks down. Roadside coverage alleviates this worry by paying for common roadside services.
Sound System Coverage
Looters sometimes take advantage of periods of time when people are vulnerable. Sound system coverage covers the costs of replacing stolen video or audio equipment so that you do not have to worry about it.
Get Fully Protected During Coronovirus And Save Today
Obtaining a sufficient level of auto insurance coverage does not have to cost a fortune. In fact, when you work with Compass Insurance Agency and bundle your Michigan home and auto insurance, you can save $796 on average! Think about how valuable savings of this magnitude are when you need to make the most of every penny. It is the equivalent of a life-tine supply of toilet paper.
Coronavirus + Home & Auto Insurance Via Compass = $796 In Savings Or About 947 Rolls Of Toilet Paper!
(That is equivalent to 9 years worth of toilet paper on average)
Boat season and motorcycle season are nearly upon us. This gives you the perfect opportunity to follow social distancing protocols while enjoying time on the road or on the water. Since you will soon spend more time on your motorcycle or boat, you should bundle your insurance coverage for them with your car and home insurance policies to save.
We recognize this is a difficult time for many people and we are here for you. As a company, we place great value and importance on providing exemplary customer service under normal circumstances. During these extraordinary circumstances, we want to do everything in our power to alleviate your stress.
As an independent agency, we are not obligated to recommend one insurance carrier over another. This means we have the ability to match you up with the best carrier and coverage for your individual needs and budget. Plus, we compare quotes for you, relieving you of the burden of contacting multiple providers.
When you work with Compass Insurance Agency to obtain Michigan auto insurance, you get to choose from about 20 top insurance carriers including:
- AAA Insurance
- Nationwide Insurance
- Liberty Mutual Insurance
- Travelers Insurance
- Citizens Insurance
- Grange Insurance
- Progressive Insurance
- Safeco Insurance
- And more!
Enjoy major savings right now by letting Compass Insurance Company get quotes from numerous insurance providers.