The Average Rate of Car Insurance in Troy, MI, is $2,084

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The average cost of auto insurance in Troy, MI, is $2,084. Car owners here can improve save more by comparing multiple auto insurance quotes from different auto insurers. The cost of auto insurance depends on numerous factors ranging from the vehicle’s make and model to the driver’s age.

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Driving Record:

The driving record of car owners also has a direct impact on the cost of auto insurance. Getting charged for offenses such as DUI and driving without a proper license can have a long-term effect on Troy’s auto insurance cost. Post-DUI, the average cost of auto insurance increases to $3,876. 

Neighborhood:

The neighborhood one lives in Troy can also have an impact on the cost of auto insurance. Zimlon offers the option of keying in one’s zip code to get accurate auto insurance quotes from multiple auto insurance companies. Depending on several factors like the vehicle’s make and model and the rate of auto thefts in the neighborhood, the price can vary. 

Credit Score:

A healthy credit score will also determine the cost of one’s auto insurance. Possessing an “exceptional” or “good” credit score will reduce the cost of auto insurance for car owners, while a “poor” credit score can lead to a substantial increase in auto insurance.

Deductible:

Deductibles are among the most common factors affecting auto insurance rate in the country, and Troy is no different. A high deductible leads to a decrease in auto insurance cost, while a low deductible can lead to an increase. The average price of auto insurance on a low deductible for a Nissan Murano LE ($500) is $2,230. This goes down to $2,050 when the deductible is higher ($1,000).