House approves long-overdue bipartisan no-fault solution
State Rep. Daire Rendon of Lake City – who helped lead a special committee tasked with lowering car insurance rates in Michigan — today joined the state House in approving a bipartisan plan to provide rate relief for drivers across the state.
The House overwhelmingly voted to approve a bipartisan solution designed to end Michigan’s long tenure as the state with the most expensive car insurance rates in the nation. The plan should soon be headed to the governor for her expected signature.
“This is the best news Michigan drivers have received in over 40 years,” said Rendon, vice chair of the House Select Committee on Reducing Car Insurance Rates. “Every driver, no matter where they reside, is affected by the skyrocketing costs generated by the state’s faulty no-fault system. The days of being known as the state with the most expensive car insurance rates in the country will soon be over. Michigan families can finally have the peace of mind knowing their car insurance rates are more in line with 49 other states.”
The legislation guarantees lower rates by giving drivers more choice on personal injury protection coverage, stopping price gouging on medical services for car accident victims, and combating fraudulent claims to help lower costs.
“Seniors on fixed incomes, young drivers and hard-working families living paycheck to paycheck will all have better choices and guaranteed rate relief,” Rendon said. “Drivers will now have car insurance plans that best meet their personal needs.”
Rendon said the reform plan allows those currently using unlimited coverage to keep it, and those who want it in the future to continue buying it – while providing Michigan drivers more affordable options for the first time in decades.
Senate Bill 1 now advances to the Senate for final legislative approval.