Coverage Watch does not have a financial relationship with any car insurance companies and quote providers. Everything displayed on the site is completely free from bias and based on legitimate data.
Get Cheap Car Insurance in Homestead, MI
We monitor insurance prices, helping the average driver in Homestead save up to 41.9% on car insurance.
The Cheapest Minimum Coverage in Homestead
The chart below shows the cheapest car insurance company in Homestead for a driver with a good record seeking minimum coverage on a mid-grade used vehicle. Values are estimated, and premiums may be lower or higher, but should be in an accurate order for a good driver. In general, drivers with good records will get the best prices through Auto-Owners Insurance, followed by Progressive, State Farm, and Safeco Insurance.
| Homestead Insurer | Monthly Cost |
|---|---|
| Auto-Owners Insurance | $104 |
| Progressive | $118 |
| State Farm | $119 |
| Safeco Insurance | $126 |
Savings for Every Kind of Homestead Driver
Based on our extensive insurance data, we know the average Homestead driver will save about 40% on car insurance. This isn’t marketing: this is unbiased data with no financial influence. The best auto insurance company depends on factors such as your driving record, home location, and age. The average driver will find themselves saving $1,123 per year by choosing the right vehicle insurance company. Some Homestead residents are paying out over $2,795 extra every year for auto insurance in Homestead. That cost may be even higher if you haven’t requested a new quote as your life situation changed.
Situation |
Homestead, MI Savings / Yr. |
|---|---|
$1,123 |
|
$1,834 |
|
$1,623 |
|
$2,466 |
|
$2,910 |
|
$0 |
|
$0 |
Homestead Car Insurance vs. Michigan
People living in Homestead pay an average of 3.58% less than the typical driver in the state. The average driver in Homestead can expect to pay about $2,123 per year, or $2,795 for full coverage.
Based on our analysis, Safeco Insurance will be the cheapest provider in Homestead for most people.
Car Insurance Prices by Homestead Neighborhood
Insurance Prices
Where is insurance cheapest within Homestead?
The map shows insurance prices in and around Homestead, with more expensive areas in red and places with cheaper car insurance in green. Insurance can vary by as much as $0 per year within the city boundaries, with insurance premiums ranging from a high of $2,795 to a low of $2,795. Insurance prices tend to be higher for those living in the Central area, and lower for those with homes in the Central parts of Homestead.Pick the Best Car Insurance Company for You in Homestead
The best car insurance provider for most drivers in Homestead
For drivers with clean driving records and no major strikes, Safeco Insurance is the best option, with annual savings of $1,123 over the average Homestead car insurance company.
The best car insurance provider for Homestead drivers with accidents on their records
In our analysis, Auto-Owners Insurance saved the average person who had been in an accident the most, with annual savings averaging $1,834 over the competition.
The best car insurance company for Homestead drivers with speeding tickets
>Auto-Owners Insurance gave the average person with a speeding ticket the most savings, averaging $1,623 better than other car insurance companies.
The best auto insurance for Homestead drivers with a DUI conviction
Getting a quote from Progressive may cost the average person with a DUI about $2,466 less each year.
The least expensive car insurance company for new and young drivers in Homestead
In Homestead, Geico costs young drivers $2,910 less each year versus the average auto insurance bill.
The best marriage discounts for vehicle insurance in Homestead
The cheapest car insurance in Homestead for drivers with bad credit
The best Homestead car insurance company for customer service
Recent price drops
In 2020, at the peak of the global pandemic, {{top1_2020pricedrop_company}} changed their average price {{top1_2020pricedrop_company_percentage}}% in Homestead, which was better than other insurers.
The cheapest large national provider in Homestead
For customers who prefer to work with large national providers, we recommend Geico for pricing. The average Homestead driver can expect to pay about $163 per month.
What About USAA?
JD power consistently ranks USAA as the top car insurance company in the United States. We don’t compare their rates because most people can’t sign up. USAA only allows active military members and their spouses and children to apply. In Homestead, USAA has the best prices for drivers with bad credit, drivers with speeding tickets, good drivers, young drivers, drivers with accidents, and drivers with a DUI conviction.Auto Insurance Prices in and Around Homestead
What Influences the Cost of Car Insurance in Homestead?
On average, car insurance in Homestead is actually less expensive than the rest of the state. These low prices are no mystery to us. Coverage Watch tracks car insurance costs and uses a complex AI that finds related variables, and has determined car insurance prices in the city are influenced by the following factors:
- Michigan state insurance regulations may require higher prices.
- An average of 0 weeks with snow on the ground, which impacts accident rates.
- Vehicle theft rates in the area are high, with a Vehicle Theft Crime Grade of B- according to CrimeGrade.org.
- Homestead has an average population density in the state. The city’s density could result in a price decrease for drivers.
As a result of these and other factors, the average cost of car insurance in Homestead is $177 per month for minimum coverage and $233 per month for full coverage. Costs vary widely based on your situation, and will likely be lower if you have a clean driving record and follow our insurance company research to find the best car insurance company for you.
Car Insurance in Nearby Cities
- Barbeau: Insurance costs 3.08% less
- Rosedale: Insurance costs 4.65% less
- Gardenville: Insurance costs 0.04% more
- Brassar: Insurance costs the same
- Sault Ste. Marie: Insurance costs 0.11% less
- Dafter: Insurance costs 5.83% less
- Kincheloe: Insurance costs 7.55% more
- Pickford: Insurance costs 3.54% less
- Kinross: Insurance costs 1.43% less
- Stalwart: Insurance costs 3.15% less
Cities with Similar Populations
- Rome: Insurance costs 47.44% less
- Montana: Insurance costs 42.43% less
- Montpelier Station: Insurance costs 57.42% less
- Mora: Insurance costs 0.82% more
- Moreland: Insurance costs 43.83% less
- Moreno: Insurance costs 27.87% less
- Morgan: Insurance costs 49.95% less
- Moriah: Insurance costs 46.80% less
- Moscow: Insurance costs 37.78% less
- Moscow: Insurance costs 24.65% less