Car insurance most costly for Michiganders, research finds - New York News

Car insurance most costly for Michiganders, research finds

Posted: Updated:
Attorney Michael Morse explained why Michigan is an expensive state for car insurance.  (Credit: WJBK | myFOXDetroit.com) Attorney Michael Morse explained why Michigan is an expensive state for car insurance. (Credit: WJBK | myFOXDetroit.com)
DETROIT (WJBK) -

"If you're going to get in a car accident and you're going to get injured, you want it to be in Michigan," said attorney Michael Morse.

Morse deals with accident victims all day long.  He's talking about no fault insurance.  It's a blessing on the roads that you could say is a curse on your wallet.

CarInsuranceQuotes.com put Michigan as being the most expensive in the nation for car insurance when median cost and median household income are factored into the equation.  One of the reasons is because of what you are paid when you're injured.

"We're the only state in the country that has unlimited medical benefits.  No matter what your injury is, you will get the rehabilitation you need here in Michigan."

"I can't afford a new car.  Can't afford the car insurance.  You can't get a new car with no car insurance.  That's the law," one man remarked.

Detroiters will tell you the bill is crashing their bottom lines.

"Paid $3,500 to $4,000 for just me and my wife, and I'm 62 years old," another said.

High insurance is why Parts Galore on Eight Mile in Detroit is doing so well.  Can't afford the collision insurance?  You go there, pick out a part and slap it on yourself.  It's the only way for some Detroiters.

So what can you do?  Morse said start with shopping around and asking for discounts.  If you have an old car that's on its way out, maybe you don't need collision coverage.  You could drop it, Morse said.  Also, check what's on your policy line by line with your insurance company and find out what you may and may not need.

"Look to see if you have any incidentals on the policy that you don't need.  Sit down with your agent.  Have them go line item by line item and see if you actually need every benefit that you're paying for.  Also, lastly, raising your deductible is a really good way to lower your insurance."

Morse said low credit scores are another reason for the high insurance rates in some parts of the state, including Detroit.  So in order to pay less for insurance, try to get that score back up.

RELATED LINK:

CarInsuranceQuotes.com: 10 states where car insurance really bites your budget

  • Local NewsLocal NewsMore>>

  • Temperature drops; snow moves in

    Temperature drops; snow moves in

    Wednesday, April 16 2014 6:15 AM EDT2014-04-16 10:15:30 GMT
    Fox 5 photoFox 5 photo
    Temperatures are below average for the remainder of the week. The mild weather made an exit in the Tristate region and snow moved in late Tuesday into Wednesday. Scattered showers, heavier rain, thunderstorms, and strong winds made a return. 
    Temperatures are below average for the remainder of the week. The mild weather made an exit in the Tristate region and snow moved in late Tuesday into Wednesday. Scattered showers, heavier rain, thunderstorms, and strong winds made a return. 
  • Push to save historic NJ baseball stadium

    Push to save historic NJ baseball stadium

    Wednesday, April 16 2014 6:08 AM EDT2014-04-16 10:08:26 GMT
    Volunteers are working to help save one of the only stadiums still in existence where black professional baseball teams once played. Hinchliffe Stadium in Paterson was once home to the New York Black Yankees, the New York Cubans and other Negro League teams. Eleven members of the National Baseball Hall of Fame played there, including Larry Doby.
    Volunteers are working to help save one of the only stadiums still in existence where black professional baseball teams once played. Hinchliffe Stadium in Paterson was once home to the New York Black Yankees, the New York Cubans and other Negro League teams. Eleven members of the National Baseball Hall of Fame played there, including Larry Doby.
  • Robert De Niro says Tribeca Film Festival is his passion

    Robert De Niro says Tribeca Film Festival is his passion

    Tuesday, April 15 2014 10:47 PM EDT2014-04-16 02:47:46 GMT
    Robert De Niro is a family man, a filmmaker, an entrepreneur and one of my favorite actors of all time. He's also a co-founder of the Tribeca Film Festival, which has more to see than ever before. De Niro wears just as many hats on screen as he does in real life. The father of six starred in six films last year, owns four restaurants and a hotel, and still finds time each spring for the Tribeca Film Festival, Lower Manhattan's annual cinematic showcase.
    Robert De Niro is a family man, a filmmaker, an entrepreneur and one of my favorite actors of all time. He's also a co-founder of the Tribeca Film Festival, which has more to see than ever before. De Niro wears just as many hats on screen as he does in real life. The father of six starred in six films last year, owns four restaurants and a hotel, and still finds time each spring for the Tribeca Film Festival, Lower Manhattan's annual cinematic showcase.
Powered by WorldNow
Didn't find what you were looking for?
All content © Copyright 2000 - 2014 Fox Television Stations, Inc. and Worldnow. All Rights Reserved.
Privacy Policy | Terms of Service | Ad Choices