Rollout of state’s new insurance reforms a major milestone
State Rep. Graham Filler said Michigan drivers will finally begin to see the benefits of the state’s car insurance reforms after the new law takes effect Wednesday.
The new law guarantees lower rates by giving drivers more choice on personal injury protection coverage, stopping price gouging on medical services for car accident victims, combating fraudulent claims and strengthening consumer protections.
Filler said Michigan’s highest-in-the-nation car insurance rates have been one of the biggest hurdles holding back Michigan families and the state, adding the new law was designed to retain the best car insurance coverage and offer drivers more affordable options.
“Beginning this week, people in Michigan will finally have the opportunity to choose the level of car insurance coverage that best fits their needs and budget – just like they have always been able to do with their health, home and life insurance policies,” said Filler, of DeWitt. “All the signs we’ve seen so far show that every Michigan driver can expect to see lower rates, regardless of the coverage options they choose.”
In addition to the guaranteed savings provided under the new law, the Michigan Catastrophic Claims Association (MCCA) announced it was reducing its annual per-vehicle assessment fee of $220 to $100 beginning July 1. The MCCA credited the reforms approved by the Legislature for the reduction, which put the fee at nearly a 20-year low.
Anyone interested in more information on the new law may visit www.ReduceMiRatesNow.com for a rundown of all the new coverage level options, educational guides and shopping tips to help people maximize savings. Filler also encourages residents to consult with a trusted insurance agent for further advice on choosing a coverage plan that is in the best interest of themselves and their families.
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