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Average cost of car insurance in Michigan for 2024

Updated May 01, 2024
Michigan drivers pay an average annual cost of $916 for minimum coverage and $2,933 for full coverage.

How much is car insurance in Michigan?

The average car insurance cost in Michigan is $916 for state-mandated minimum coverage, while full coverage car insurance rates average $2,933 a year. Bankrate based these averages on data sourced from Quadrant Information Services. Since the rate you pay for your policy is based on a range of factors that are unique to you, such as your age and driving record, as well as your car's age, make and model, your rate is likely to differ from the averages. Note that when determining how much car insurance costs in Michigan, insurers do not consider your credit score or gender, unlike other states.

Key takeaways

  • Michigan drivers pay an average monthly rate of $76 for minimum coverage and $244 for full coverage insurance.
  • On average, full coverage car insurance in Michigan costs 28 percent more than the national average, while minimum coverage costs 44 percent more.
  • Vehicle type can play a significant role in Michigan rates, with drivers of a BMW 330i paying an average of 42 percent more for insurance per year than someone driving a Ford F-150.
  • Drivers with an at-fault accident on their driving record pay about 46 percent more than the state average for full coverage car insurance.
  • Michigan law prohibits auto insurance companies from utilizing ZIP codes, credit history, marital status and gender as part of rate determinations.

Michigan car insurance rates by city

It's not enough to know how much car insurance is in Michigan—you may also want to know that your rate may vary depending on where in the state you live. For example, you may pay more for your insurance if you live in a large city with heavy traffic patterns—which can result in a higher number of accidents, on average. Areas where there is less traffic and fewer accidents may see decreased rates. Here are sample averages from some of Michigan's cities:

City Avg. monthly full coverage premium Avg. annual full coverage premium Avg. savings vs. state average

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Average car insurance costs by age in Michigan

Auto insurance rates may vary considerably based on a driver's age and years of driving experience. For this reason, younger and newer drivers typically pay significantly more for car insurance compared to older, more experienced drivers. Drivers who maintain a clean driving record should see a decrease in their rate as they gain more experience behind the wheel. Rates are similar from age 30 to 60 but can increase at age 70 and older. Gender is also a factor in most states, though Michigan prohibits the usage of gender as an insurance rating component.

Age 16*
Avg. monthly full coverage premium in Michigan
$550
Avg. annual full coverage premium in Michigan
$6,596
Age 18
Avg. monthly full coverage premium in Michigan
$681
Avg. annual full coverage premium in Michigan
$8,176
Age 20
Avg. monthly full coverage premium in Michigan
$546
Avg. annual full coverage premium in Michigan
$6,550
Age 25
Avg. monthly full coverage premium in Michigan
$287
Avg. annual full coverage premium in Michigan
$3,444
Age 30
Avg. monthly full coverage premium in Michigan
$255
Avg. annual full coverage premium in Michigan
$3,055
Age 40
Avg. monthly full coverage premium in Michigan
$244
Avg. annual full coverage premium in Michigan
$2,933
Age 50
Avg. monthly full coverage premium in Michigan
$212
Avg. annual full coverage premium in Michigan
$2,550
Age 60
Avg. monthly full coverage premium in Michigan
$217
Avg. annual full coverage premium in Michigan
$2,600
Age 70
Avg. monthly full coverage premium in Michigan
$240
Avg. annual full coverage premium in Michigan
$2,886
Age 40
Avg. monthly full coverage premium in Michigan
$244
Avg. annual full coverage premium in Michigan
$2,933
Age 50
Avg. monthly full coverage premium in Michigan
$212
Avg. annual full coverage premium in Michigan
$2,550
Age 60
Avg. monthly full coverage premium in Michigan
$217
Avg. annual full coverage premium in Michigan
$2,600
Age 70
Avg. monthly full coverage premium in Michigan
$240
Avg. annual full coverage premium in Michigan
$2,886
*16-year-old calculated on parents' policy with discounts applied; 18- and 20-year-old are renters on their own policies with no discounts applied

Cost considerations for young drivers in Michigan

Young drivers who have less experience behind the wheel and may be more inclined to engage in risky behaviors such as texting while driving are likely to see higher average rates. Insurers compensate for the increased risk of accidents by charging more, with 16-year-olds paying the highest average rates. Drivers under 18 must remain on their parents' policy. College-aged students can obtain their own insurance but also have the option to stay on their parents’ policy as long as their permanent address is the family home.

Some insurers offer discounts focused on young drivers, which may help lower their rates. These may include discounts for earning good grades in high school or college or discounts for attending school away from home when they leave their car at home. Below are sample rates for young drivers, showing how the rates start to decline as they age out of their teens.

Caret Down
Age 16*
Avg. annual premium for drivers in MI
$6,601
Age 17
Avg. annual premium for drivers in MI
$6,239
Age 18
Avg. annual premium for drivers in MI
$5,853