Catastrophic claims fees to take effect in Michigan auto insurance rates

Michigan Auto insurance - Umbrella Car

Drivers across the state will need to start paying the additional fees starting with July premiums. Michigan drivers are going to be paying more for their auto insurance starting in July, when higher catastrophic claims fees go into effect. This is the case even for motorists who have opted out of catastrophic no-fault coverage. Last year, the Michigan Catastrophic Claims Association (MCCA) decided to increase its annual per-vehicle assessments on all auto insurance policies in the state. The fee hikes resulting from that decision will become effective as of July…

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Michigan Governor seeks billions in auto insurance refunds

Auto insurance refunds - car - dollar sign

Gov. Gretchen Whitmer started the week by calling on the industry to pay back the state’s insured motorists. On Monday, Governor Gretchen Whitmer announced that she was pursuing auto insurance refunds from the industry to insured drivers across the state. The governor said that the payments should be the outcome of a bipartisan package signed into law in 2019. The auto insurance refunds should be issued by the Michigan Catastrophic Claims Association (MCCA), said Whitmer. That association has an insurance industry-controlled board that manages a catastrophic care payment fund. That…

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Michigan auto insurance reform cuts injured driver fee by 55 percent

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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More affordable auto insurance alternative sought by Detroit mayor

Michigan Auto Insurance rates

Mayor Mike Duggan has now asked the Michigan Legislature to give the nod to this type of coverage. Last week, Detroit Mayor Mike Duggan spoke to the State Senate Insurance Committee with regards to a plan that he believes would make it possible for residents of his city to opt out of the Michigan Catastrophic Claims Association and to be able to buy a lower but more affordable type of medical plan to comply with the auto insurance laws. The mayor has referred to this type of new alternative coverage…

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Lawmakers approve revisions to Michigan’s auto insurance laws

michigan auto insurance

Revisions to insurance laws have been approved by the state’s Senate Lawmakers in Michigan have moved to address issues concerning the state’s auto insurance laws. The state’s Senate has approved revisions to insurance laws that are meant to curb costs associated with medical care for those that have been injured in crashes. These revisions are not entirely popular within the Senate, with opponents suggesting that these revisions could be a detriment to those that need medical care as the result of severe injuries caused by a car crash. Auto insurance…

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