Most residents of Michigan already know that car insurance in this state is very, very expensive. It’s so expensive in fact that Michigan is twice as expensive as the national average for the United States, which makes Michigan by far one of the most expensive states for car insurance in the entire country.

The annual rates for Saginaw are a little less than the state average, but they are still pretty pricy. This means that saving on car insurance is especially important for residents of Michigan. If you want to find out which car insurance companies will be your best bet for saving money on your annual premium then this is the article for you. Let’s find out what the cheapest car insurance companies are in Saginaw, Michigan.

Car Insurance Stats and Facts about Saginaw Michigan

While the national premium average for The United States is about $1,548, the average for the state of Michigan is precisely double that coming in at $3,096 per year. When it comes to Saginaw, Michigan itself, the prices are a bit cheaper at $2,400 per year, but this is still pretty expensive overall seeing as how it is nearly a thousand dollars more expensive than the national average.

The Cheapest Car Insurance Companies in Saginaw, Michigan

While the average insurance rates of Saginaw, Michigan can be very expensive, there are several options available to you that can help you save money big time. All it takes from you is switching to a new insurer, one that will hopefully reduce your annual costs significantly.

One of the cheapest car insurance companies in Saginaw, Michigan that you can switch to today is USAA. They are known to offer some of the cheapest car insurance annual premiums in all of Saginaw, Michigan, with rates that are around $1,400 per year. This company can really make a huge difference in your annual insurance rates.

Another company that you should keep in mind is a lesser-known one called Frankenmuth Insurance. They offer annual rates that are similar to USAA but are just a bit more expensive. Despite that, they still end up being significantly cheaper than the citywide annual average, let alone the statewide average.

Another of the cheapest car insurance companies in Saginaw, Michigan is Auto-Owners Insurance Co. Their annual premium rates are usually around $1,570 per year. It’s a bit more expensive than USAA or Frankenmuth but it is still a competitive price.

USAA, Frankenmuth and Auto-Owners are easily the cheapest options for car insurance in Saginaw, Michigan and as a result, they should be considered your top priorities when it comes to switching car insurers. Keep in mind though that the actual quotes you receive will not necessarily be the same as the averages that were listed above. This is why it is important to shop around to compare rates for these three companies and then select the one that actually gives you the cheapest annual quote.

Luckily, there are other options to pick from if these prior three are unavailable to you for whatever reason. Chubb Insurance is another one of the cheapest car insurance companies in Saginaw as they have an average annual rate of $1,700, which is still considerably cheaper than Saginaw’s annual average overall.

Other cheap car insurance companies that you may want to keep on your radar include MEEMIC Insurance, Pioneer State Mutual and Progressive Insurance. These three companies have average annual premiums that range from $2,000 to $2,300. This makes them decent choices but certainly not the cheapest for Saginaw residents.