Detroit's Auto Insurance Rates Raise Ire of Many

Detroit is not only the capital of car making, but also the capital of high auto insurance rates. Detroit's auto insurance rates are double the amount of the city that was listed as second place on the list, Philadelphia. This information from the Office of Financial and Insurance Regulation has raised the eyebrows of consumers and politicians alike, who believe the auto insurance rates are disproportionately higher for those living in urban areas.

Currently, Freman Hendrix, a politician running for mayor of Detroit says that if elected he will sue the auto insurance companies operating in Michigan. A factor contributing to the higher auto insurance rates in Detroit is the high crime rate in the city. Vehicle theft leads to many expensive auto insurance claims. Also, the state levels of minimum liability auto insurance are higher than many states according to some auto insurance industry sources.

Whatever the case, the auto insurance rates won't change overnight. Being smart about the way you buy auto insurance can at least save you as much money as possible in the present. Search for inexpensive Detroit auto insurance quotes using our free auto insurance quote finder. Also take a look at the many articles on how to save money on auto insurance to help you keep your costs down.