Hamtramck, Michigan has a population of 22,423 people comprising 6,777 households and 4,615 families. Hamtramck is partially surrounded by Detroit and is located approximately five miles from downtown Detroit. The I-75 freeway runs along the western border of Hamtramck and the I-94 Interstate runs near its southern border.
Average annual auto insurance rates in Hamtramck are high, $ 2,153 for minimum coverage and $ 5,101 for full coverage. The stream Michigan Average Annual Auto Insurance Premium is $ 948 (minimum) and $ 2,309 (full). Hamtramck’s crime rate has been considerable, with a high rate of auto theft, although there has been steady improvement over the past decade. This crime rate may have increased the cost of auto insurance, making finding an affordable option even more important.
Best Car Insurance Companies in Hamtramck
Four companies were selected as Hamtramck’s best for auto insurance. These companies are listed in the table below with average annual policy premiums determined by Quadrant Information Services 2021 rates. We looked at a variety of factors in choosing these companies, including the financial strength of the business, JD Power’s customer satisfaction rating, and the breadth of its policy choices and discounts.
|Insurance company||JD Power Customer Satisfaction Score||Average annual premium for minimum coverage||Average annual premium for full coverage|
|Car owners||845/1000||$ 1,552||$ 3,621|
|Travelers||828/1000||$ 259||$ 3,586|
|United States||827 * / 1000||$ 723||$ 1,835|
|Westfield||836/1000||$ 313||$ 2,974|
JD Powers gave auto owners a high score of 845 on overall customer satisfaction for the North Central region in 2020. The customer satisfaction score is based on an analysis of five factors – “billing process and information about policies, claims, interactions, policy offers and prices”. Auto-owners have a wide range of policy options to meet the specific needs of most drivers and their families.
Travelers is one of the most established and well-known insurance companies in the country and has been awarded an AM Best rating of A ++ for its superior financial strength. Travelers offers a wide variety of policy choices and discounts, including accident cancellation. With the traveler’s accident remission plan, an eligible insured can be forgiven for one accident every 36 months. Responsible passenger conduct plan also offers forgiveness of minor offenses in addition to forgiveness of accidents.
USAA is a leading company in most auto insurance pricing categories including customer service, auto insurance plan offerings, discounts, and claims processing. While only military personnel and their families can become members of the USAA, those who can join experience a very friendly welcome. USAA telephone representatives are very well trained and knowledgeable and can answer most questions and help clearly determine the best options to meet your needs.
Westfield Insurance is one of the largest privately owned companies in Ohio. With its personal insurance, including auto insurance policies, Westfield serves a select market of 10 Midwestern states, including Michigan. While Westfield offers inexpensive insurance policies to meet the basic needs of most drivers, Westfield has more. Westfield agents generally offer excellent service and assistance in selecting additional coverages to create a policy tailored to you.
The cheapest car insurance in Hamtramck
The average annual premium for auto insurance at Hamtramck for minimum coverage is $ 2,153 for basic coverage. The average annual premium for the state of Michigan is much lower at $ 984.
The table below lists five companies offering basic coverage that is cheap on average. Just because these companies offer cheap policies doesn’t mean they can’t also provide more extensive coverage with great options and add-ons or the cheapest rates for your situation.
All of the companies listed below are rated for specific strengths. USAA provides targeted personalized service in keeping with its disciplined military roots. Auto-Owners is also known for its strong customer service receiving the highest score in most parts of the United States on the JD Power 2019 US Auto Insurance Study. Each company offers a wide range of options to enhance basic coverage plans to meet specific needs. In addition, each company offers a multitude of discounts to allow you to adequately protect yourself and your family, without breaking the bank.
|Insurance company||Average annual premium for minimum coverage||Average annual premium for full coverage|
|Travelers||$ 259||$ 3,586|
|United States||$ 722||$ 1,835|
|MetLife||$ 976||$ 3,258|
|Progressive||$ 1,453||$ 2,709|
|Car owners||$ 1,552||$ 3,621|
Hamtramck insurance requirements
Michigan Law requires certain minimum levels of coverage that every driver in Hamtramck and throughout Michigan must maintain. Policies should include some level of protection against personal injury and property damage that you cause to others. Since 1973, Michigan has also required that every driver maintain coverage for their own personal injury protection (PIP). However, in July 2020 Michigan law changed and drivers can now reduce or opt out of this coverage altogether as long as they maintain a certain level of personal health care coverage.
Most people will find that these minimum levels of coverage are not enough to fully protect them or their families in all situations. Therefore, it is important to understand, with the help of agents and vendor representatives, the benefits offered by each company to ensure adequate coverage.
Discounts on car insurance in Hamtramck
There are tons of discounts available at Hamtramck if you are looking for coverage. Even after you have purchased a policy for a while, it is recommended that you periodically review your coverage to see if other discounts are available. Here are some examples of common discounts:
- Senior discounts
- Discounts on defensive driving with completed courses
- Reductions without accident / Good driver
- Various discounts for students and young drivers
- Low annual mileage reductions
- Multi-vehicle and multi-driver discounts
Frequently Asked Questions
What is the best auto insurance company?
This article has highlighted some of the best and cheapest insurance companies in Hamtramck. To determine the the best coverage to meet your specific needs, we’ve also provided you with some tips on the coverage options and discounts available. The best way to find the right auto insurance company for you is to use this information to get multiple quotes and compare.
How much does car insurance cost in Hamtramck?
As the graph above shows, the average cost of auto insurance in Hamtramck is higher than the state and country averages. This does not mean that you cannot find a cheap auto insurance policy in Hamtramck taking advantage of the many discounts that Michigan law allows.
How much car insurance do I need in Hamtramck?
Michigan law has clearly defined the minimum requirements for auto third party liability and property insurance in Hamtramck and throughout the state. Meeting these requirements will meet the law, but may not adequately address your actual risk in the event of a catastrophic event. Researching and comparing quotes with the help of company agents can help you determine which coverage is best for you.
Bankrate uses Quadrant Information Services to analyze rates for all postal codes and carriers in all 50 states and Washington, DC Rates shown are based on a 40 year old male and female driver with a clean driving record, a good credit and the following full coverage limits:
- $ 100,000 liability for bodily injury per person
- $ 300,000 in civil liability for bodily injury per accident
- Civil liability for property damage of $ 50,000 per accident
- $ 100,000 in bodily injury caused by an uninsured motorist per person
- $ 300,000 in uninsured bodily injury per accident to a motorist
- $ 500 collision deductible
- Global deductible of $ 500
To determine the minimum coverage limits, Bankrate used minimum coverage that meets the requirements of each state. Our sample drivers own a 2019 Toyota Camry, commute five days a week, and travel 12,000 miles a year.
These are sample rates and should only be used for comparison purposes. Your quotes may be different.
Rates are determined based on 2021 Quadrant Information Services data.