Day: November 1, 2019

Michigan ranked number one for nation’s most expensive auto insuranceMichigan ranked number one for nation’s most expensive auto insurance

Michigan was ranked number one for the nation’s most expensive auto insurance, according to The Zebra’s annual State of Auto Insurance report. The average auto insurance premium in Michigan is $2,693, while the national average is $1,470. “It’s a shame Michigan once again has the unfortunate distinction of having the most expensive auto insurance premiums in […]

Usage-Based Auto Insurance, Slow at First, Picking Up SpeedUsage-Based Auto Insurance, Slow at First, Picking Up Speed

Usage-based auto insurance relies on a telematics system inside the vehicle that captures real-time information about how a driver fares and the road and the risks encountered along the way. Underscoring its popularity among younger drivers, 88 percent of millennials said in a Towers Watson survey last fall that they were interested in taking out […]