bestauto insuranceGrand RapidsCompare the Cheapest Car Insurance Quotes in Grand Rapids, MI
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GEICO ranks as the cheapest car insurance provider in Grand Rapids. The average annual cost of full and minimum coverage is $829 and $507, respectively. GEICO also offers lower rates for drivers with violations. GEICO combines affordability and quality service, garnering a score of 90 out of 100 by MoneyGeek’s standards.
bestauto insuranceGrand RapidsThe Cheapest and Best Car Insurance in Grand Rapids
The Cheapest Car Insurance Companies in Grand Rapids
Insurance companies in Grand Rapids with the cheapest car insurance rates for a full coverage policy are:
- GEICO: $829 per year
- Progressive: $1,220 per year
Hanover policies cost an average of $2,936 per year. That is more than three times GEICO’s rates at $829 per year. A full coverage policy includes liability insurance as well as comprehensive and collision coverage.
Cheapest Car Insurance in Grand Rapids
Full Coverage 100/300/100
- Company100/300/100per year
- 1.$829
- 2.$899
- 3.$1,220
- 4.$1,352
- 5.$1,509
MoneyGeek’s methodology includes estimating the average auto insurance rates in Grand Rapids through a sample 40-year-old male driver with a full coverage policy.
A full coverage car insurance policy has a long list of coverage in addition to the state-required liability insurance. For this reason, it becomes significantly more expensive. Two of the following add-ons in a full coverage policy are:
- Collision insurance: covers damages caused by collision with another vehicle or a stationary object
- Comprehensive insurance: covers other damages that are outside collision, such as theft, city disturbance and natural disasters
Before getting a policy, especially when choosing between coverage levels, it’s advantageous to assess your vehicle’s value first. If you have a car older than 10 years, it may not be the best decision to buy a full coverage car insurance.
Compare Car Insurance Rates in Grand Rapids
Ensure you're getting the best rate for your car insurance. Compare quotes from the top insurance companies.
Cheapest Car Insurance in Grand Rapids for Minimum Coverage
In Grand Rapids and other cities, one major determinant of car insurance costs is the amount of coverage you choose. For example, a liability-only policy costs an average of $1,096 per year. On the other hand, a full coverage policy with higher liability limits costs around $1,738, which is $642 more.
Cheapest Minimum Liability Car Insurance in Grand Rapids
State Minimum
- CompanyState Minimumper year
- 1.$507
- 2.$576
- 3.$578
- 4.$863
- 5.$893
The cheapest option drivers in Grand Rapids have for car insurance is a state minimum policy. This coverage level comes with a few trade-offs. In exchange for the cheapest monthly premiums, there’s a risk of paying out of pocket in case of an accident. Though Michigan state law requires a minimum of $10,000 property damage coverage, this amount is considered very low if you travel outside Michigan to a tort state and cause an accident. Within a tort state, drivers at fault cover all damages.
Michigan Minimum Liability Requirements
- ItemDescription
- Bodily Injury$20,000 per person and $40,000 per accident. A more protective level is 100/300/100.
- Personal Injury ProtectionUnlimited per person. Unlimited per accident.
- Other$1 million property protection.
Cheapest Car Insurance in Grand Rapids if You Have Driving Violations
Car insurance companies take notice of driving records as it immediately reveals the driver’s risk on the road. Having a violation on your record causes rates to increase.
- Cheapest after a ticket: GEICO, $1,380 per year
- Cheapest after an at-fault accident: GEICO, $1,522 per year
- Cheapest after a DUI: Progressive, $1,452 per year
In Michigan, a ticket violation remains on your driving record for a maximum of two years. Drivers who aim to lower their car insurance premiums should observe proper driving habits and refrain from getting involved in an accident, or getting a ticket.
Cheapest Car Insurance in Grand Rapids With a Violation
Speeding Ticket
- CompanySpeeding Ticketper year
- 1.$1,091
- 2.$1,380
- 3.$1,572
- 4.$1,610
- 5.$1,831
Average Cost of Car Insurance in Grand Rapids
Grand Rapids$1,738
Michigan$5,471
U.S.$1,424
The average yearly car insurance cost in Grand Rapids is $1,738, which is 68.2% lower than the state average but 22.1% higher than the national average.
Personalized Quotes to Get You the Cheapest Car Insurance in Grand Rapids
Insurance carriers consider multiple points to determine car insurance quotes in Grand Rapids. These factors include your age and gender, driving experience, ZIP code and more. For example, in Grand Rapids, GEICO’s average annual rate for 40-year-old male drivers is $829. This rate may increase or decrease as your circumstances change. Therefore, it’s smart to regularly compare car insurance quotes to get cheap coverage and meet your current needs.
Compare Car Insurance Rates in Grand Rapids
Ensure you're getting the best rate for your car insurance. Compare quotes from the top insurance companies.
The Best Car Insurance Companies in Grand Rapids
MoneyGeek identified the top auto insurance companies in Grand Rapids based on average rates, client satisfaction ratings and claims ratings. The following companies hold the top two positions:
- GEICO: MoneyGeek score of 90 out of 100
- Auto-Owners Insurance Co: MoneyGeek score of 78 out of 100
Despite its aggregate score of 99 out of 100, we excluded USAA from this ranking. The firm offers policies only to military personnel and their families, making USAA the best auto insurance provider in Grand Rapids for this population.
1
GEICO
Score:90
MoneyGeek awarded GEICO a perfect score for financial stability and outstanding ratings for claims and overall customer satisfaction. A full coverage policy for a 40-year-old driver in Grand Rapids costs $829. In addition, the insurance company offers a unique coverage extension known as mechanical breakdown coverage.
More About GEICO
GEICO offers four coverage add-on options. GEICO's mechanical breakdown insurance, which covers the cost of automobile parts and systems, is less costly than the typical extended warranties car dealers offer. GEICO’s rental car reimbursement pays for the cost of a rental vehicle after a covered accident renders your vehicle unusable for more than 24 hours. The company’s roadside assistance coverage pays for the cost of towing, tire repair/replacement and lockout services.
Read MoneyGeek's GEICO auto Insurance Review2
Auto-Owners Insurance Co
Score:78
3
Nationwide
Score:78
4
Progressive
Score:75
5
MetLife
Score:67
6
State Farm
Score:66
7
Mercury
Score:56
8
Esurance
Score:55
9
Farmers
Score:54
10
Travelers
Score:51
11
Allstate
Score:47
12
AAA
Score:41
13
Hanover
Score:1.4
Average Cost of Car Insurance by Postal Code
Your home’s ZIP code is an important factor that determines your auto insurance premium. This is because some areas see higher numbers of uninsured motorists, accidents and thefts, which increase auto insurance rates. In Grand Rapids, the cheapest ZIP code for vehicle insurance is 49504 and the costliest is 49508. Those residing in the 49504 locality will pay $35 less on average in annual premiums than people living in the 49508 neighborhood.
- Zip CodeState Minimumper year
- 49504$1,721
- 49508$1,756
Factors That Impact Insurance Costs in Grand Rapids
In addition to individual driver needs and history, location-specific factors like personal injury protection coverage requirements and the percentage of uninsured motorists also contribute to car insurance rates in Grand Rapids. How Grand Rapids ranks compared to the 300 most populous cities in the United States can have a significant impact on premium costs.
About Mark Fitzpatrick
