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Here are the five cheapest states for car insurance, and what drivers need to know to get the best rate. ... State. Average Monthly Rate: Minimum Liability. Average Monthly Rate: Standard Coverage ...
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Key takeaways. Personal injury protection (PIP) insurance is mandatory in Michigan. PIP can pay for medical bills, lost wages and other costs associated with auto accident injuries for you, your ...
In lieu of auto insurance, individuals can either (1) deposit $10,000 in cash, stocks, or bonds with the State Treasurer [33] who will issue a receipt [34] or (2) obtain a motor vehicle liability bond equal to the state minimum limits. [35] Michigan: 20/40/10: Minnesota: 30/60/10: Mississippi: 25/50/25 [36] Missouri: 25/50/10: Montana: 25/50/10 ...
2. Take advantage of discounts. Another solid strategy when you need to know how to lower your auto insurance rate is to consider discounts. Companies typically offer several discount ...
A full coverage car insurance policy generally includes liability insurance and your state’s other minimum coverage requirements (if applicable), plus collision and comprehensive coverage ...
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