Skip to main content

The average annual cost of car insurance in 2021 in Sterling Heights, Michigan for full coverage is $2,935, or $245 per month, and $1,317 per year for minimum coverage insurance. Finding cheap fares in Sterling Heights is important to many drivers, as fares in this city are well above the national average. The cheapest auto insurance company in Sterling Heights is USAA, according to Bankrate’s 2021 Listed Annual Premiums Study.

Finding cheap rates may be the top priority on your list for finding the best car insurance companies in Sterling Heights, but many insurance agents recommend buying more than the minimum coverage. You’ll have better financial protection and can even save in the long run if you purchase a policy with more extensive coverage.

Best Cheap Car Insurance Companies in Sterling Heights

USAA, Travelers, Geico, Progressive, and Auto-Owners offer the cheapest car insurance rates in Sterling Heights, according to our review of annual premium data. The cheapest rates in Sterling Heights, Michigan were examined, along with factors related to insurers’ historical ability to pay claims, JD Power customer service satisfaction scores, and digital assets. Bankrate scores reflect these attributes, with the highest possible score being five points. The cheapest insurer may not be the best Michigan car insurance company for Sterling Heights drivers, so this quick comparison tool can help.

insurance company Discount rate score Note from JD Power (Central-North Region) Average annual premium for full coverage Average annual premium for minimum coverage
United States of America* 5.0 895/1000 $1,354 $537
Travelers 4.7 825/1000 $1,784 $124
Geico 4.7 837/1000 $1,865 $1,035
progressive 4.4 842/1000 $1,886 $1,054
car owners 4.5 842/1000 $2,379 $998

*USAA is not officially ranked due to eligibility restrictions

USAA

USAA is the cheapest provider of full coverage car insurance in Sterling Heights among our list of providers in this review. Current service members, veterans, or eligible immediate family members can benefit from the lowest rates with USAA, as well as unique coverage options tailored to the needs of the military lifestyle. Membership requirements limit who can access USAA coverage, but those who are eligible can benefit from its exceptional customer service and financial strength, as determined by third-party rating agencies.

Learn more: USAA Insurance Review

Travelers

We’ve found that Travelers has the cheapest rates for minimal coverage among Sterling Heights companies. It also offers a wide range of insurance coverage options, from roadside assistance and rental car coverage to accident forgiveness and ride-sharing coverage. These options can give you the ability to customize a font to your exact needs. While average traveler full coverage rates aren’t the cheapest, the company offers several discounts such as multi-policy and home ownership that can help keep higher coverage amounts more affordable.

Learn more: Travelers Insurance Review

Geico

Geico doesn’t have the cheapest rates among the listed carriers, nor the highest score with JD Power. However, Geico offers a variety of discounts and savings opportunities to help reduce the cost of coverage, including the DriveEasy app, which allows you to earn additional discounts based on your safe driving habits. Geico also offers a highly rated mobile app to allow you to manage almost all insurance tasks directly from your smartphone, including submitting claims and paying premiums.

Learn more: Geico Insurance Review

progressive

Progressive offers plenty of ways to save on premiums, despite having one of the highest rates on our list of cheapest car insurance companies. That said, its rates are still much more affordable than the Sterling Heights average. Additionally, Progressive earns an A+ (Superior) rating for financial strength with AM Best and above-industry average scores with JD Power. Although it offers fewer coverage choices than some insurers, you can still find comprehensive, minimum coverage to meet most of your driving needs.

Learn more: Progressive Insurance Review

car owners

Auto-Owners, headquartered in Michigan, offers low average rates and above-average industry scores in the North Central region of the JD Power Auto Insurance study. Automobile owners also earn an A++ (superior) rating from AM Best, the highest rating for financial strength. A potential downside to mobile-friendliness for auto owners is the inability to submit a claim through the app. Instead, you should handle complaints over the phone or through direct communication with your agent.

Learn more: Automobile Owners Insurance Review

How to get and keep the cheapest auto insurance in Sterling Heights

These tips may be useful to keep in mind when researching the cheapest car insurance companies to keep your rates affordable.

  • Shop multiple insurance providers. Comparing insurers is essential to find the one that offers the cheapest rates based on your exact situation. Rates differ from carrier to carrier, giving you the advantage of seeing the lowest costs when comparing quotes.
  • Adjust coverage as your vehicle ages. Your vehicle will lose value over time. You may also finish paying off your car loan, in which case it may be time to adjust your coverage so you don’t pay too much. You might decide that comprehensive coverage and collision coverage are no longer worth the extra cost, for example, if your vehicle is nearly 10 years old.

Frequently Asked Questions

Methodology

Bankrate uses Quadrant Information Services to analyze 2021 rates for all ZIP codes and carriers in all 50 states and Washington, D.C. Rates shown are based on a 40-year-old male and female with a clean driving record , good credit and the following complete coverage limits:

  • Civil liability of $100,000 in bodily injury per person
  • Civil liability of $300,000 in bodily injury per accident
  • Civil liability of $50,000 in property damage per accident
  • $100,000 uninsured motorist bodily injury per person
  • $300,000 uninsured motorist bodily injury per accident
  • $500 collision deductible
  • $500 aggregate deductible

To determine minimum coverage limits, Bankrate has used a minimum coverage that meets each state’s requirements. Our basic profile drivers own a 2019 Toyota Camry, commute five days a week and drive 12,000 miles a year.

These are sampling rates and should only be used for comparison purposes.

Discount rate score

Exchange rate scores primarily reflect a weighted ranking of industry standard ratings for financial strength and customer experience, in addition to analysis of annual premiums quoted by Quadrant Information Services, covering all 50 states and Washington, D.C. DC We know it’s important for drivers to feel confident that their financial protection covers the most likely risks, is priced competitively and is provided by a financially strong company with a track record of positive customer support.

In determining how well the top auto insurance companies meet these priorities, third-party agency ratings from JD Power, AM Best, S&P, NAIC, and Moodys had the most impact on the companies’ currency scores. . Since price is a common consideration for drivers, we analyzed quoted premiums based on 40-year-old male and female drivers with a 2019 Toyota Camry. This profile, evaluated on over 35,000 U.S. zip codes, has provided a basis on which drivers can compare each supplier.

While coverage options, insurer availability, affordability and customer experience are often top priorities, Bankrate also analyzed each insurer’s online and mobile resources for managing policies and handling claims. Insurance is changing rapidly to keep pace with our digital world, so these aspects have also weighed in determining the exchange rate scores.

Source link