Michigan’s auto insurance rates are the most expensive in the United States

Auto insurance rates high - Michigan

The state has returned to the top spot for having coverage more costly than any other in the country. Michigan has now retaken its title as having the most expensive auto insurance rates in the United States, after having lost that top spot for a while due to the initial impact of the change in certain regulations. The average driver in the state pays about $196 per month for coverage. This represents about three times the national average auto insurance rates. While the state is home to much of the…

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Are no-fault insurance laws creating fertile ground for fraudlent claims activity?

Florida legislators are facing pressure to make changes to the state’s no-fault auto insurance laws. Several insurers want to see changes that would help reduce the amount of fraudulent claims they are receiving. State law requires that drivers have personal injury protection coverage that would help them pay medical expenses whether or not they were at fault. The law is designed to avoid lawsuits but insurers are saying that it is creating incentive for drivers to stage accidents. The Property Casualty Insurers Association of America, along with the Florida Chamber…

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