July changes to laws in Michigan will make car insurance cheaper - Business Insider

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If you have some time this weekend, shopping for car insurance could help you save, especially if you live in Michigan

Personal Finance Insider writes about products, strategies, and tips to help you make smart decisions with your money. We may receive a small commission from our partners, like American Express, but our reporting and recommendations are always independent and objective.cheaper by dropping a requirement for expensive unlimited personal injury protection coverage.

Shopping around for car insurance or dropping the coverage could help Michigan drivers save at least $120 per year, per car. In any state, shopping around every six months or year could help you save. Car insurance laws and insurance pricing algorithms are constantly changing, and shopping around will ensure you have the best price.Michigan has historically had some of the most expensive car insurance in the US, according to the Insurance Information Institute. But,Each state sets its own laws on the amount of car insurance coverage required by drivers.

 

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