Cheapest Car Insurance Quotes in Richmond

Finding the cheapest car insurance quotes in Richmond shouldn't be a guessing game. That's why our licensed insurance experts do the heavy lifting for you, analyzing rates from dozens of top companies to find you the best deal.
We believe in making things clear and simple. Our experts compare coverage options and find every possible discount, so you can see your best options side-by-side. It’s fast, free, and designed to save you a ton.

Enter your zip code to get personalized rates.

Featured in

399,755 Policies Sold

Richmond Car Insurance

^$ 36

/mo

Written by Sara Sam

Edited by Renee Martin

Why you can trust Way?

The auto insurance rates published in this guide are based on the results of research completed by Way’s data team. Using a mix of public and internal data, we analyzed millions of rate averages across U.S. ZIP codes. These rates were publicly sourced from insurer filings and should be used for comparative purposes only — your own quotes will differ. Given this, it’s important to go through our insurance steps form to find how much you can save with Way.

Table of Contents

How Much Is Car Insurance in Richmond

The car insurance rate in Richmond is $1239 for a six-month policy, which is $36 higher than the higher than the state average. Root Insurance Company offers the lowest rates in the city at $508, making it a popular choice for budget-conscious drivers. Rates in Richmond can vary depending on your age, driving record, and coverage level, so not every driver will pay the same amount. Choosing a higher deductible, maintaining a clean driving history, and comparing quotes from multiple insurers can help you find better deals and save money over time.

Avg. Car Insurance in Richmond

$1239

Avg. Car Insurance in Michigan

$1203

National Average

$1140

Cheapest Car Insurance Companies in Richmond

1st place: Travelers

At $508 for a six month policy, Travelers offers the cheapest auto insurance rates in the city.

2nd place: USAA

USAA offers auto insurance rates at $637 for a six-month policy, making it one of the cheapest to insure with.

3rd place: Encompass

Encompass offers auto insurance rates at $703 for six months, making it the third cheapest auto insurance company in Richmond.

Richmond Car Insurance Rates by Company

Based on our research, the cheapest car insurance company in Richmond, MI is Travelers, offering policies at just $508 for a six-month term. This is followed by USAA, which has an average six-month premium of $637.

At the higher end of the spectrum, Hastings Mutual is the most expensive, with rates reaching $838 for a six-month policy. Rates can vary widely by driver, but comparing quotes from multiple companies can help Richmond drivers find the best deals.

Cheap Car Insurance Companies in Richmond, MI

Company	Avg. 6 Mo. Premium	Avg. Monthly Premium
Travelers	$508	$85
USAA	$637	$107
Encompass	$703	$117
Auto-Owners Insurance Co	$722	$123
Chubb	$759	$127
Auto-Owners	$851	$143
AAA	$868	$146
Farm Bureau Ins of MI	$893	$151
Pioneer State Mutual Ins Co	$972	$162
Progressive	$972	$164
Westfield	$1211	$204
Farm Bureau	$1365	$232
State Farm	$1738	$293
Allstate	$1854	$315
Bristol West	$2416	$403
Farmers	$3756	$639
Hastings Mutual	$838	$140

Key Takeaways

Way's key takeaways about car insurance in Richmond

The auto insurance costs in Richmond fall around $508 for six months.
The cheapest auto insurance company in Richmond is Travelers.
Teen drivers pay the highest rate in Richmond at $995 per month.

High Rates Shouldn’t Drive You Out of Pocket.

Save up to $971/yr with our auto insurance quotes

Cheapest Minimum Liability Car Insurance in Richmond

Since car insurance is a critical requirement for owning a car, you must have minimum liability car insurance. The cheapest car insurance companies for minimum coverage in Richmond are given below.

Travelers provides the cheapest minimum car insurance coverage in Richmond. Their Average 6 Month Premium is $214. Hastings Mutual is the most expensive at $367 for the same period.

Cheapest Liability Coverage in Richmond, MI

Company	Avg. 6 Mo. Premium	Avg. Monthly Premium
Travelers	$214	$36
Westfield	$227	$38
USAA	$287	$48
Encompass	$294	$49
Chubb	$312	$52
Auto-Owners Insurance Co	$337	$58
Auto-Owners	$398	$67
Farm Bureau Ins of MI	$435	$74
Progressive	$447	$75
AAA	$533	$91
Farm Bureau	$673	$112
Allstate	$789	$134
Bristol West	$1009	$168
State Farm	$1083	$182
Farmers	$1952	$325
Hastings Mutual	$367	$61

Cheapest Full Coverage Car Insurance in Richmond

One might think that minimum coverage is only required when insuring your car insurance. However, having full coverage car insurance in any city is certainly a wise choice as it offers better coverage and protection. Our best pick for the cheapest auto insurance quotes in Richmond is Travelers at $85 per month and $508 for six months.

Cheapest Full Coverage Car Insurance Quotes in Richmond, MI

Company	Avg. 6 Mo. Premium	Avg. Monthly Premium
Travelers	$508	$85
USAA	$637	$107
Encompass	$703	$117
Auto-Owners Insurance Co	$722	$123
Chubb	$759	$127
Auto-Owners	$851	$143
AAA	$868	$146
Farm Bureau Ins of MI	$893	$151
Pioneer State Mutual Ins Co	$972	$162
Progressive	$972	$164
Westfield	$1211	$204
Farm Bureau	$1365	$232
State Farm	$1738	$293
Allstate	$1854	$315
Bristol West	$2416	$403
Farmers	$3756	$639
Hastings Mutual	$838	$140

Don't Let Hidden Costs Drive You Crazy

Get Your Car Insurance Quote in Richmond Instantly!

Average Car Insurance in Richmond by Rating Factor

The car insurance rates for two people under the same ZIP code will mostly be different. This is mostly because insurance rates are calculated based on several rating factors. These rating factors include the driver's age, gender, marital status, driving and claims history, credit score, location, type of vehicle, and coverage levels.

I have a clean driving record. Why is my car insurance rate here in Richmond, MI increasing?

Despite maintaining a clean driving record, your car insurance rates in Richmond, Michigan, may be increasing due to several external factors. Michigan has experienced significant rate hikes recently, with average premiums rising by 25.5% in 2023, largely attributed to higher claims volumes and inflation.

Additionally, Richmond's high urban population density, raised auto theft rates, and frequent natural disasters contribute to increased insurance costs.

Car Insurance Premiums by Age in Richmond

It is quite evident why teen drivers pay the highest car insurance rates in any city. Their lack of experience and increased accident rates make them a highly risky category. However, as you grow older, your car insurance rates will decrease. So, it is better to not have separate policies for teens; instead, add them to their parents' policies.

Cheapest Car Insurance Companies Based on Age Group

Age Group	Cheapest Companies	Avg. 6 Mo. Premium
20s	Chubb	$287
30s	USAA	$218
40s	USAA	$209
50s	USAA	$201
60s	Chubb	$183
70s	Chubb	$201

Cheapest Car Insurance Rates for Teen Drivers in Richmond,MI

If you are planning to get a car insurance policy for your teenage dependent, Travelers provides the cheapest car insurance in the Richmond at $42 per month. At $5971 for a six-month premium, Bristol West offers the most expensive rate for teen drivers.

Company	Avg. 6 Mo. Premium	Avg. Monthly Premium
Travelers	$251	$42
Westfield	$269	$45
Encompass	$294	$49
Chubb	$349	$60
Auto-Owners Insurance Co	$367	$61
Grange	$477	$81
USAA	$967	$163
Auto-Owners	$1157	$195
AAA	$1542	$260
Farm Bureau	$2221	$378
Progressive	$2380	$401
Allstate	$4014	$683
State Farm	$4118	$686
Farmers	$17229	$2929
Bristol West	$5971	$995

Teen Car Insurance Rates in MI by Age

Way Tip

If you are in your twenties Chubb is the best choice for car insurance in Richmond.

As young drivers face the highest rates in Richmond, Chubb offers the cheapest auto insurance rates at $287 for six months.

Car Insurance Rates by Credit Score & Driving History

Similar to your driving history, your financial history also plays a key role in determining your auto insurance rates. A low credit score would mean a lapse in payment and increased chances of filing claims, which results in higher auto insurance rates. Therefore, the higher the credit score, the lower the car insurance rates will be.

Cheapest Car Insurance Companies for Bad Credit

For those with poor credit scores in Richmond, Travelers is the cheapest car insurance provider. At $410 for a six-month premium, they offer the best rates in the city. The most expensive auto insurance rate for drivers with bad credit in Richmond is Farm Bureau Ins of MI, offering rates of around $1297 for six months.

Company	Avg. 6 Mo. Premium	Avg. Monthly Premium
Travelers	$410	$70
Encompass	$422	$70
Progressive	$593	$101
Westfield	$624	$104
Auto-Owners Insurance Co	$661	$112
Pioneer State Mutual Ins Co	$808	$135
Grange	$1022	$174
Farm Bureau Ins of MI	$1297	$216

Escape the Trap of Rising Insurance Costs.

Save up to $971/yr on car insurance rates in Richmond.

Car Insurance Rates with An Accident in Richmond

Both accidents and the resulting increase in insurance rates are often beyond our control. When you’re involved in an accident, you become riskier to insure, consequently increasing the rates. In Richmond, MI, accidents can lead to significant hikes in your premiums.

Cheapest Car Insurance Companies after an At-Fault Accident in Richmond

The cheapest car insurance companies after an at-fault accident in Richmond include Chubb and Westfield, offering $312 and $331, respectively. Pioneer State is an expensive provider with an average six-month premium of $489.

Company	Avg. 6 Mo. Premium	Avg. Monthly Premium
Chubb	$312	$54
Westfield	$331	$55
Auto-Owners Insurance Co	$385	$66
Encompass	$435	$72
Farm Bureau Ins of MI	$514	$88
Pioneer State Mutual Ins Co	$569	$95
Travelers	$606	$102
USAA	$759	$128
Progressive	$838	$141
Auto-Owners	$936	$158
AAA	$1199	$202
Farm Bureau	$1671	$278
State Farm	$1902	$323
Allstate	$2955	$492
Farmers	$5280	$898
Pioneer State	$489	$81

Richmond Car Insurance Rates by Violation

Here is a list of driving violations that can increase your car insurance rates in Richmond MI. For example, the car insurance in Richmond after a DUI increases to $2472 for a six month policy. While the rate increases by $1346 for a six-month policy in the case of a speeding ticket.

Richmond auto insurance quotes by violations

Accident/Violation	Avg. 6 Mo Premium	Avg. Monthly Premium
None	$1346	$225
Failure to wear a seat belt	$1597	$272
Cell phone violation	$1694	$282
Texting while driving	$1694	$288
Illegal turn	$1701	$283
Wrong way/wrong lane	$1701	$289
Speeding in school zone	$1725	$287
Driving with expired registration	$1738	$296
Failure to stop at a red light	$1756	$293
Improper passing	$1756	$299
Speeding 16 - 20 MPH over limit	$1952	$325
Open container	$2300	$391
Driving with a suspended license	$2576	$430
Racing	$3322	$564
Reckless driving	$3610	$602
Leaving scene of an accident/hit and run	$3702	$629
DUI	$3818	$637

Your Wallet Deserves Better. Seriously.

Get smarter car insurance rates in minutes today!

Way Tip

Avoid Having A DUI On Your Driving Record.

A DUI can increase your car insurance rates—by $5,000 to $10,000 over five years. Speeding, reckless driving, and at-fault accidents also raise rates, staying on your record for 3–5 years, while DUIs/DWIs can impact you longer.

Car Insurance Rates in Richmond after a DUI

There may have been times when you drank but chose not to drive—a smart and responsible decision, as most states treat DUIs as a serious offense. Your car insurance rates can double after a DUI charge, making it harder to find affordable coverage in Richmond.

The cheapest car insurance premiums in Richmond are offered by Chubb at $312 for a six-month policy. However, it can be as expensive as $9642 with companies like Allstate.

Richmond car insurance quotes with a DUI

Company	Avg. 6 Mo. Premium	Avg. Monthly Premium
Chubb	$312	$52
Auto-Owners Insurance Co	$826	$140
Grange	$832	$139
Progressive	$887	$149
Pioneer State Mutual Ins Co	$1003	$167
USAA	$1083	$182
Travelers	$1230	$205
Auto-Owners	$1860	$313
Westfield	$2025	$341
AAA	$2092	$352
Bristol West	$2863	$477
Farmers	$2937	$494
Farm Bureau	$3475	$579
State Farm	$4374	$736
Allstate	$9642	$1607

Cheapest car insurance after a speeding ticket

One of the easiest ways to save money on car insurance is to stay within the speed limit. After a speeding violation, the cheapest car insurance premiums in Richmond are offered by Westfield at $269. However, it can be as expensive as $12169 with companies like Farmers for a similar six-month premium.

Cheapest Car Insurance in Richmond after Speeding ticket

Company	Avg. 6 Mo. Premium	Avg. Monthly Premium
Westfield	$269	$45
Chubb	$312	$52
Encompass	$331	$57
Travelers	$404	$67
Auto-Owners Insurance Co	$428	$73
Farm Bureau Ins of MI	$612	$102
USAA	$637	$108
Grange	$649	$108
Auto-Owners	$893	$151
Progressive	$1309	$220
AAA	$1328	$226
Farm Bureau	$1334	$222
Allstate	$2416	$411
State Farm	$4056	$676
Farmers	$12169	$2069

Car Insurance Price Trends in Richmond, Michigan

Car insurance rates in Richmond have fluctuated due to factors such as state regulations, inflation, and changing driving habits.

The average cost of full coverage in the Richmond dipped by $276 in December compared to $283 of November. In other words, there has been an decrease by $7 when you compare December and November.

The average cost of liability insurance in the Richmond rose to $92 in December, compared to $84 in November. This represents an increase of $8 when comparing December and November.

Our Insurance Agent Experts

Wilson Mathew Nechikat

Principal

View Profile

Anthony Luu

Senior Director of Insurance Operations

View Profile

Ezra Peterson

Senior Director of Insurance

View Profile

Danny Herrera

Head of Commercial Insurance

View Profile

Frequently Asked Questions

How much is car insurance in Richmond?

The car insurance in Richmond is $36 per month, which is lower than the national average.

What is the cheapest car insurance in Richmond?

The cheapest car insurance in Richmond is $85 per month for full coverage.

How much is car insurance in Richmond for teenagers?

Car insurance for teenagers costs $251 per 6 months. The rates for teen drivers are higher due to their lack of experience as drivers.

What's the average cost of car insurance in Richmond?

The average cost of car insurance is $1203 for a six-month policy. It will cost around $208 per month to insure your car in Richmond.

Is car insurance expensive in Richmond?

Car insurance can be expensive in Richmond if your rating factors are not favorable. However, with a clean driving record and good credit score, car insurance rates in Richmond can be affordable.

Cheapest Car Insurance Quotes in Richmond

Why you can trust Way?

How Much Is Car Insurance in Richmond

Avg. Car Insurance in Richmond

Avg. Car Insurance in Michigan

National Average

Cheapest Car Insurance Companies in Richmond

1st place: Travelers

2nd place: USAA

3rd place: Encompass

Richmond Car Insurance Rates by Company

Cheap Car Insurance Companies in Richmond, MI

Way's key takeaways about car insurance in Richmond

High Rates Shouldn’t Drive You Out of Pocket.

Cheapest Minimum Liability Car Insurance in Richmond

Cheapest Liability Coverage in Richmond, MI

Cheapest Full Coverage Car Insurance in Richmond

Cheapest Full Coverage Car Insurance Quotes in Richmond, MI

Don't Let Hidden Costs Drive You Crazy

Average Car Insurance in Richmond by Rating Factor

I have a clean driving record. Why is my car insurance rate here in Richmond, MI increasing?

Car Insurance Premiums by Age in Richmond

Cheapest Car Insurance Companies Based on Age Group

Cheapest Car Insurance Rates for Teen Drivers in Richmond,MI

If you are in your twenties Chubb is the best choice for car insurance in Richmond.

Car Insurance Rates by Credit Score & Driving History

Cheapest Car Insurance Companies for Bad Credit

Escape the Trap of Rising Insurance Costs.

Car Insurance Rates with An Accident in Richmond

Cheapest Car Insurance Companies after an At-Fault Accident in Richmond

Richmond Car Insurance Rates by Violation

Richmond auto insurance quotes by violations

Your Wallet Deserves Better. Seriously.

Avoid Having A DUI On Your Driving Record.

Car Insurance Rates in Richmond after a DUI

Richmond car insurance quotes with a DUI

Cheapest car insurance after a speeding ticket

Cheapest Car Insurance in Richmond after Speeding ticket

Car Insurance Price Trends in Richmond, Michigan

Average Car Insurance Cost in Richmond by ZIP Code

Frequently Asked Questions

Tired of Insane Auto Insurance Bills? Us Too!

Find Car Insurance Rates in Cities Near Richmond, MI

Car Insurance Rates by State in the USA (2025 Update)

Featured Blogs

Data Sources