State Rep. Julie Alexander today said she remains committed to reforming Michigan’s auto insurance system and delivering lower rates for drivers.
Alexander, of Hanover, voted in favor of House Bill 5013. The bill was not approved in a vote late Thursday.
“I am disappointed in the results of this vote, because this is the issue I have heard about the most during my first 10 months in office,” Alexander said. “Whether it is traveling across the Jackson County area for one of my more than 50 local office hours or taking phone calls and emails in the office, the desire for reform is obvious. People, especially seniors, want choice and the option to pay lower rates. Approving this bill would have been an important step in delivering these much-needed changes. I remain committed to finding solutions for Michigan drivers.”
Michigan’s average full coverage auto insurance premium cost – nearly $2,400 per year – is 82 percent above the national average and twice as high as in neighboring states, according to a recent report from Insure.com.
Michigan’s costs are so high largely because it’s the only state mandating unlimited lifetime health care coverage through car insurance. House Bill 5013 allows those catastrophically injured in the past to keep their benefits, while drivers who want to continue buying unlimited medical coverage for the future may do so. The plan also allows more affordable options.
The legislation remains in the House.