Blogs and Resources - LA Insurance

How much is insurance in Michigan? That’s what most tenants ask before signing a lease or renewing a policy. Although renters insurance costs vary for each individual, knowing the average rates of Michigan can help you compare the quotes you received from your preferred insurance carriers.

Let’s cut to the chase. Yes, people do leave their keys inside the vehicle. A quick coffee run turns into a panic call to the police. You turn back. The car is stolen. Just like that. 

Auto theft isn’t bizarre or a rare incident in the United States. Because every 37 seconds, a vehicle is stolen, according to NHTSA (National Highway Traffic Safety Administration, 2024). Fortunately, this figure has significantly dropped by 17% compared to previous years, as per the NICB report.

When it comes to commercial and personal auto insurance, there are significant differences that set both auto insurance policies apart. The main difference typically lies in the purpose of use.  

Commercial auto insurance covers accidental damages for business purposes, such as the distribution of goods, transportation of employees, or providing services like ride-sharing or food deliveries.