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The average annual cost of auto insurance for senior citizens in the state is $4,091, compared to $3,154 for younger individuals. With such high claims expenses, auto insurance companies in michigan cannot make any money.

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The two best car insurance. Helps cover expenses related to the injury or death of another driver or a pedestrian when an. The average annual cost of auto insurance for senior citizens in the state is $4,091, compared to $3,154 for younger individuals. With such high claims expenses, auto insurance companies in michigan cannot make any money.

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Below is a list of the largest auto insurance companies in michigan by market share, according to. That’s a $69 savings from the average cost of insurance in the state, which is $178 a. Michigan car insurance state minimums. The cheapest car insurance in michigan costs $109 per month for a full coverage policy.

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