Compare Quotes from Top Providers and Save now!

Michigan: The best place to buy GMC Terrain, but not the best place to insure it

Despite the recent struggle in auto industry, the crossover segment has witnessed an astounding growth, the highest in the industry.

This has compelled automakers to stay focused and come up with more and more models under this category. The GMC Terrain, a mid-size crossover, is one such example. The GMC Terrain’s sales figures have been increasing with each passing year. The Manufacturer’s Suggested Retail Price (MSRP) for the Terrain is $29635. This makes the Terrain the 12th least expensive midsize SUV. The median price of the Terrain is the lowest in Michigan, at an MSRP of $26420. This is $3215 below the national average.  Louisiana, on the other hand is the most expensive state to own a GMC Terrain, with a median MSRP of $35825 that is $3940 above the national average.

The GMC Terrain is the third most expensive midsize SUV to insure. Michigan is the state where insuring the GMC Terrain costs the highest, at an annual average insurance rate of $2178. This is 74% higher than the median state. Michigan is followed by Louisiana at $2084 and Georgia at$1721.

On the other hand, Maine is most affordable state to insure a GMC Terrain with an insurance rate of $789 which is 36% lower than the median rate.

The GMC Terrain has three unique trim, style and cylinder combinations. Of all these models, GMC Terrain SLE1 AWD Utility 4WD 4 Door Utility 6 cylinder has the highest insurance rate, at $2970 in Georgia. Its insurance rate is 118% higher than the median rate. On the other hand, the GMC Terrain SLE1 Utility 2WD 4 Door Utility 4 cylinder has the lowest Insurance rate, at $789 in Maine of all the available GMC Terrain models. Its insurance rate is 42% lower than the median rate.

Michigan Auto Insurance Rates

Below are the minimum, average and maximum insurance rate estimates for neighbourhoods in and around Michigan, MI.

Lowest Rate:$1,500
Average Rate:$2,500
Highest Rate:$4,600

Recent Savings From Top Providers in Michigan

Rank Customer Zipcode Amount Saved
1 48615 $638
2 48600 $631
3 49000 $629
4 48001 $627

Compare Auto Insurance Companies in Michigan

Company A.M Best Rating on
Financial Strength
Year Founded
Progressive A+ 1937
State Farm A++ 1922
Allstate A+ 1931
GEICO A++ 1936
Farmers A 1928
Nationwide A+ 1925
Liberty Mutual A 1912
Auto-Owners A++ 1916

Michigan Auto Insurance Requirements

Minimum limits of liability for auto insurance in Michigan as per MI State Laws

Bodily Injury Liability

  • $20,000 for death/injury of any one person, per accident.
  • $40,000 for all persons per accident.

Property Damage Liability

  • $10,000 per accident.

Michigan Car Insurance Average Rates by Make

In addition to the location, one key factor that contributes to the insurance rates in Michigan is the vehicle's make and model. Especially the vehicle's theft rates in Michigan

MakeInsurance Average PremiumView Details
MakeInsurance Average PremiumView Details

Related Links for Auto Insurance Alabama

Write Your Review & Save Money

Learn from people in your town & neighborhood on what coverage they have & who they close & how they saved money

Latest Auto Insurance Reviews in Michigan

Farm Bureau

$158 for 1 Month

I am a 41 year old female, married and have a good driving record. I have two trucks insured, one is a 2003, the other a 1997 and we own both of them. One is driven for pleasure, the other is a work vehicle, but it is not driven more than 20 miles in one direction. We have the minimum amount of coverage on both vehicles. We chose this because both are older vehicles and we don't feel that more insurance is needed at this time. When we get a new vehicle, it always has full coverage until we own it outright. We chose farm bureau because they had sent us information and it looked like they would be saving us some money. We switched over from AAA and have been very happy with both the savings and the service. We have been saving over 75 dollars a month.

GEICO

$1050 for 6 Months

I have a good driving record with one accident and one ticket in the last 5 years. I am driving a 2013 Honda Accord and I am a 27 year old single male. I usually drive less than 8,000 miles in a year. Geico had the best price around when I bought the car. So far I have only had to file a small glass claim to repair a windshield chip and they handled that great. I gave 4/5 rating due to higher than wanted deductibles, but everything else has been great. I have full coverage with $500 deductibles. This is my only car and I have had Geico from day 1.

Amica

Amica has been fairly good to me, the rates have been competitive for years now and I really like the fact they allow me to have a 1 year policy. I have not filed a claim with them so I can't speak on that behalf however anytime I have wanted to make changes they have been extremely easy to work with (I did not get the same satisfaction from other insurance companies). My policy for 1 year is about $700 per year for one vehicle, it goes up to $1100 when I add a second vehicle (great savings). My driving record is perfect and the coverage has comprehensive but no collision. This also takes into account I only drive about 10 miles per day at most. House insurance was a little cheaper but decided to stick with my current provider instead of going through the hassle of switching. Insurance for my 2007 Jeep Grand Cherokee and 2002 Ford Explorer is great though, highly recommended. Review from a 39yr old single male.

State Farm , tim knapp

My car insurance is around $800 per year per vehicle. That is for full coverage including broadened collision. I pay every six months. My driving record is clean. The cars that I insure are a 2003 Jeep Liberty and a 2000 Dodge Dakota. I am female, 61 years old, married. I drive around 10,000 miles per year to and from work and for pleasure. I chose State Farm because that is the insurance that my husband had when we got married. We have made several small claims in the past for comprehension and State Farm is very easy to deal with. There is really nothing that I don't like about them. My previous provider was Allstate. We also insure our home with State Farm because we get a discount for having multiple policies.

Progressive

I can't really complaint too much. The premiums aren't too high, so that is a plus. I have not had to make a claim since I started with them, though, so I can't comment on the claims process. I largely chose Progressive because they are affiliated with my homeowners insurance company so I received a discount for using them. Their website is easy to navigate and setting up the account and payment method was easy. OVerall, they have seemed easy to deal with so far, but I would have to revisit the score after I have to submit a claim. I pay monthly for my premium and my drivers record is good, no accidents and no violations. I insure once car through them and have full coverage on a new car.