Same Car, Same Town—Why Is My Insurance More?

Ever find out your friend or sibling pays less for insurance than you—even though you drive a similar car or live in the same area? It’s frustrating, and you’re definitely not alone.

The truth is, insurance premiums are highly personalized. Even small differences between you and someone else can have a big impact on what you pay, especially in Michigan.

Let’s unpack why your insurance might cost more—even when everything seems the same on the surface.

🚗 Auto Insurance: Why Yours Might Cost More

Michigan’s no-fault insurance laws and recent reforms give drivers more choice, but also more complexity. Here are some key factors:

1. Driving Record

One speeding ticket or fender bender can stick around for years. If your friend has a squeaky-clean record and you’ve had a couple of hiccups, that alone can raise your rate.

2. PIP Coverage Level

Michigan allows you to choose your Personal Injury Protection (PIP) limits now. If you selected unlimited coverage and your friend chose a lower level or opted out, they’ll almost always pay less.

3. ZIP Code Matters

Even within the same city, different ZIP codes have different levels of risk. Higher claims, thefts, or accidents in your area? That drives your rate up—even if your friend lives just a few miles away.

4. Car Differences

You might both drive sedans, but if yours is newer, more expensive, or costs more to repair, your premium will reflect that.

5. Credit-Based Insurance Score

Michigan allows insurers to use credit-based scores when calculating rates. Even if both you and your friend have "good credit," small differences can affect premiums.

6. How Much You Drive

If you have a longer commute, drive more miles, or use your vehicle for business, you’ll likely pay more than someone with lower mileage.

🏠 Home & Renters Insurance: It’s Not One-Size-Fits-All

Two houses on the same street might seem identical—but their premiums may not be. Why?

1. Property Details

A newer roof, updated electrical, or a finished basement can change the cost to rebuild—and your insurance rate.

2. Claim History

If your property or you personally have a history of claims, that can increase your premium. Even if the previous homeowner filed claims, it can carry over.

3. Coverage Choices

Higher limits, replacement cost coverage, or lower deductibles offer better protection—but also raise your premium.

4. Discounts

Your friend might be taking advantage of bundling discounts, security system credits, or loyalty perks that you’re not (yet).

🔍 Other Surprising Premium Factors

• Marital status: Married drivers often get better rates.

• Insurance history: A longer, claim-free history helps.

• Billing preference: Paying annually or enrolling in auto-pay can lower your premium.

• Insurance company: Not all carriers price the same way. One company might love your profile, another… not so much.

Final Thoughts

So, why is your insurance more than your friend’s?Because insurance isn’t just about the car or the house—it’s about you, your history, your choices, and where you live.

Want to know exactly what’s driving your premium? Let’s do a quick policy review. We’ll break it down and look for smart ways to help you save—without cutting corners on coverage.