Live Insurance News

Detroit drivers struggle under high auto insurance premiums

July 27, 2015July 24, 2015 S.Vagus

Auto insurance premiums in Detroit continue to be a burden for consumers Drivers in Detroit, Michigan, are struggling to afford auto insurance coverage. The city is home to the highest premiums in the country, which can be up to $5,000 a year for coverage in some parts of the city. Because auto insurance coverage is so high, nearly half of the city’s drivers are “driving dirty,” which involves operating their vehicles without any insurance coverage whatsoever. In order to combat this problem, Mayor Mike Duggan aims to address the high…

Discounted auto insurance will extend well beyond Detroit

June 8, 2015June 6, 2015 Julie Campbell

The Senate Insurance Committee has passed an amended version of the plan put forward by Mayor Mike Duggan. Senators in Michigan have now passed an amended version of the reduced rate auto insurance plan that had been put forward by Detroit Mayor Mike Duggan, which would provide discounted coverage to cities that have a minimum population of 500,000 and in which at least half of all of the drivers are insured. The amendments to the D-Insurance plan have broadened the reach of the program to smaller cities. The senators voted…

Hospitals respond to changes in Michigan’s auto insurance law

May 14, 2015May 13, 2015 Nordstrom

No-fault auto insurance law could have a major impact on hospitals Michigan lawmakers are considering making changes to the state’s no-fault auto insurance law in order to address the issues concerning expensive insurance coverage and the cost of medical care. Changes to the state’s law could have a major impact on its hospitals as well. The Michigan Health & Hospital Association has released estimates that suggest that proposed changes to the state’s auto insurance law will cost hospitals approximately $1.2 billion annually for treating those that have been in car…

Detroit Mayor unveils plan for auto insurance

May 1, 2015April 30, 2015 Nordstrom

Mayor Mike Duggan outlines his plan to address insurance coverage in the city Detroit Mayor Mike Duggan has unveiled some details about his plan to lower auto insurance rates in the city. This may be part of an overarching endeavor in Michigan to address the issues regarding the state’s no-fault insurance system and how it is contributing to higher premiums for drivers. Detroit is working to establish an insurance pool for drivers, offering them with affordable coverage that is expected to reduce the financial stress associated with auto insurance. New…

Michigan has the highest auto insurance rates in the country

April 30, 2015April 28, 2015 Logan B.

Auto insurance premiums are higher in Michigan than in any other state Michigan is home to the highest auto insurance rates in the United States, according to a new report from InsuranceQuotes.com. Insurance costs for drivers throughout the state are quite high and have been on the rise for some time. There may be a clear reason for this, as Michigan is the only state in the country that offers unlimited lifetime personal injury protection. The state is also home to one of the largest numbers of uninsured drivers in…

Michigan auto insurance comes with the highest premiums in the country

April 29, 2015April 29, 2015 Julie Campbell

According to a recent report, drivers in this state are paying far more than those in the rest of the U.S. Drivers in Michigan are not necessarily surprised at the results of an auto insurance data analysis that were recently published by insuranceQuotes.com which revealed that those motorists are the ones paying the highest premiums for their coverage. The state has a history of far more expensive car insurance than the average for the rest of the country. According to the statistics released by the firm, drivers in Michigan are…

Auto insurance rates could be dropping in Michigan

April 28, 2015April 25, 2015 Logan B.

Auto insurance coverage is expected to become less expensive in Michigan due to new measure Changes being made to Michigan’s auto insurance laws could mean lower premiums for consumers and lower costs for insurers. The state’s House Insurance Committee has approved a measure that would make changes to existing insurance legislation, which could bring down premiums by $100 every year for the next two years. The measure would also prevent health care providers from overcharging insurers when they treat victims of auto accidents. Health insurers will also not be able…