Flint is among one of the biggest cities in Michigan. It is Genesee County’s county seat. Flint is located close to the Flint River. It has a population of 102,400 residents. Car insurance in Flint MI is more expensive than other cities in the state of Michigan. Michigan follows the no-fault policy. Therefore, protection for personal injury (PIP) coverage is included in the minimum required car insurance in Flint MI. The PIP coverage is unlimited, and hence, regardless of the cost or expense, medical cost is covered. The minimum car insurance required to maintain in the state of Michigan are as below:
- Bodily injury – $20,000 for a person
- Bodily injury – $40,000 for one accident
- Property damage – $10,000 for one accident
- Protection for Personal Injury (PIP) – Unlimited
- Insurance coverage for property protection (PPI) – up to around $1 million
The liability coverage covers expenses of bodily injury and property damage in the event of an accident. PIP will cover medical expenses and other expenses caused due to the accident like loss of wages and childcare. Since PIP is unlimited, it will cover all medical expenses regardless of the amount. These benefits are quite an advantage for you; however, this makes your auto insurance very expensive in Flint as well as in other cities in the state of Michigan.
There is a way to reduce your cost, if you coordinate your PIP and health insurance policy. Your health insurance or medical expense coverage can cover your medical expense whereas, your PIP can cover your other expenses like lost wages and childcare.
However, there are some medical coverages that you cannot coordinate with PIP, such as Medicaid and Medicare. Discuss with your insurance provider and see how you can work them out. You can also check the list of best car insurance companies and decide the right one for you.
Types of Coverage for Car Insurance in Flint MI
Besides, the coverages required by the state, there are additional coverages that you could consider adding to your auto insurance. Collision coverage and comprehensive coverage are two coverages that can be an advantage if you add to your policy. Also, if your car is financed, the lender would want you to include the collision coverage and comprehensive coverage. Collision coverage covers all damages to your car if you’re in an accident. Comprehensive coverage will cover all damages to your car due to fire, bad weather, auto theft, or other damages other than a collision. In Flint, it is optional to take the uninsured or underinsured motorist insurance coverage. Uninsured or underinsured motorist coverage covers expenses if you’re in an accident with an uninsured or underinsured driver.
Factors that Determine Auto Insurance in Flint Michigan
An insurance company considers a few factors when they provide you with an insurance plan. These factors include your age, marital status, gender, weather conditions, and population. A zip code search on the insurance provider’s website will show you the insurance rate in your area. The insurance premium varies from area to area depending on the population of the area, weather conditions, and road conditions. If an area is highly populated, the number of vehicles on the streets will also be quite high. This would lead to congestion and traffic on roads, which could lead to accidents. A city with a high number of accidents has expensive insurance premium rate.
Auto theft is a big issue in some cities. If your area has a record of a high number of auto theft, then your insurance premium can be expensive. Also, your credit score is another component insurance companies consider while providing an insurance quote. You may not be able to control the crime rate or auto theft in your area; however, you can maintain your credit rating. If you have a bad credit score, your premium is on the higher side. If you improve your credit score, then your premium amount will be discounted. Age is another component which is again not in your hands. A teenager pays more than double the amount than a driver in his 20s. As your age group changes from the 20s to 30s and so on, your premium amount also gradually goes on decreasing.
Lastly, maintaining a good driving record is essential to get good auto insurance in Flint Michigan. A spotted driving record will cost you a very high premium amount. Avoid speeding, follow road laws, and avoid any violation of laws. Maintain a good driving record, and you can get reasonable auto insurance.
Perform thorough research and then purchase insurance from an insurance provider. Check their ratings on NAIC and find out if they have good financial stability and if you can trust them with your money. Once you find a reputed company, then buy insurance from that company.