Michigan auto insurance coverage rate change deadline is coming

Auto insurance coverage - Michigan

State leaders are encouraging residents to do so before the amnesty period runs out and rates increase. Michigan state leaders are pushing for uninsured drivers in the state to get their auto insurance coverage fast before premiums start rising when the amnesty period expires. The amnesty period is a component of the no-fault reform legislation in the state. The new legislation became effective in July 2020. The amnesty period was put in place to provide uninsured motorists with a reprieve, giving them the chance to obtain their legally required auto…

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Auto insurance rates are on the rise for Michigan drivers

Auto Insurance News

The no fault coverage for the motorists across the state is about to become more expensive. The latest reports from Michigan have shown that the cost of auto insurance per vehicle will be increasing by 6 percent, to an average of $186 percent for coverage of injuries resulting from crashes. The increases are expected to be put into place by July 1, said an industry board. The announcement of the new higher fee was made by the Michigan Catastrophic Claims Association (MCCA). At the moment, the cost of the coverage…

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