The cost of adding a driver to your car insurance or sharing a policy varies depending on factors such as the driver's age and motor vehicle history. Many insurers, including Progressive, allow you to add a friend to an auto insurance policy as a driver if you share a permanent residence. Most insurers will also allow you to share a joint car insurance policy with a friend by adding both sets of cars to the policy. If your friend doesn't live with you, it usually can't be added to your policy.
If you're looking for the best car insurance in Michigan, these companies might be a good place to start. However, keep in mind that the best insurer for you will depend on your individual circumstances and may not be on this list. All insurance products are governed by the terms of the applicable insurance policy, and all related decisions (such as coverage approval, premiums, fees and charges) and policy obligations are the sole responsibility of the insurance insurer. Bankrate's comprehensive analysis of the auto insurance market revealed that Geico, Secura, Travelers and USAA were among the cheapest auto insurance companies in Michigan when it came to auto insurance with minimal and full coverage.
Average rates in the Great Lakes state are relatively high, but looking for the cheapest car insurance companies in Michigan could help you get a lower premium. Sharing a car insurance policy with a friend could help both of you save money by splitting the costs of some car insurance coverage. Expensive cars, sports cars and cars with high theft rates are considered to be riskier to insure than cheaper and more practical vehicles. Because your credit history is correlated with your likelihood of filing an insurance claim, Progressive uses your credit data to calculate your premium in states where it is legal.
Adding a driver to your insurance policy means that they are an insured driver under your policy when driving your car. Progressive generally charges less than the average car insurance company for adding a teen driver to a parent's car insurance policy. Most insurers will also allow you to share a single car insurance policy with someone if you live with that person. Some states and insurance companies require that all members of the household who are of driving age, including friends, be listed on your car insurance policy as drivers.
One thing to keep in mind, however, is that Michigan prohibits the use of credit ratings as a qualifying factor for car insurance.