Tag: Michigan car insurance

No-fault auto insurance overhaul bill passes Michigan Senate

H. Cutner
Auto insurance - No Fault - Car accident

The state’s Legislature held its first vote to modify the system near the end of last week. The Michigan Legislature voted on a bill to modify the no-fault auto insurance system in the state, approving changes meant to reduce the cost of coverage for drivers while overcoming some of the challenges left behind by the overhaul made in 2019. The 2019 changes cause certain medical providers to stop providing care to car crash victims. The new legislation voted on last week passed the Senate. It was meant to boost reimbursement…

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Michigan lawmakers announce bipartisan auto insurance bill in the House

H. Cutner
Auto insurance bill - Michigan

The House lawmakers recently made the announcement in a gathering outside the state Capitol. A bipartisan group of Michigan House lawmakers assembled outside the state Capital to announce a new auto insurance bill package. If passed to become law, it is meant to address the state’s current legal gaps. According to critics, the no-fault law from two years ago makes it possible for insurers to make smaller payouts. The 2019 no-fault law’s critics say that it makes it possible for insurers to pay less to their policyholders and that home…

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New Michigan auto insurance law to become effective next month

Marc
Michigan auto insurance law - Michigan license plate

The new regulations meant to lower prices for drivers in the state will become effective July 1. On Tuesday, June 23, 2020, the state Department of Insurance and Financial Services held a meeting to answer questions about the new Michigan auto insurance law. The meeting was meant to answer questions and provide more information about the regulations. The new Michigan auto insurance law was developed in the hopes of reducing the cost of the coverage. At the same time, it is meant to help keep up the highest options available…

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Michigan auto insurance to undergo substantial changes throughout 2020

Marc
Michigan auto insurance - Michigan license plate

High rates have been a source of contention in the state where drivers pay more than the rest of the country. High Michigan auto insurance rates and how to overcome them has been a controversial topic in the state for decades. In the second half of the year, premiums are likely to fall due to a number of changes in the state. This year, when policies renew on and after July 1, vehicle owners will see a change in those rates they’ve been complaining about for many years. According to…

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Michigan auto insurance reform cuts injured driver fee by 55 percent

G. Turner
Michigan auto insurance reform - car accident

The MCCA intends to reduce its assessment for certain drivers with no-fault reform law implementation. New Michigan auto insurance reform will reduce injured driver fee as of July of next year with the implementation of new law. The Michigan Catastrophic Claims Association will be cutting down assessments for some motorists. The Michigan Catastrophic Claims Association (M.C.C.A.) intends to cut back its assessment for motorists who keep up unlimited medical coverage for injuries in car crashes. This reduction will take the assessment down from $220 to $100 per vehicle and it…

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