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Like with any new policy change there have been a lot of questions raised by the new lawlike what it means for the average michigan driver and how it will impact their auto insurance.
What is auto insurance reform. Local 4 wdiv 754 views. Whitmers desk soonwill she sign it. What the deal reached friday between michigan lawmakers and gov. Michigans new deal on auto insurance premiums.
In the past decade but no state has felt the impact quite like michigan. But that could soon change following michigans passage of sweeping car insurance reform scheduled to go into effect july 1 2020. The michigan no fault reform michigan auto insurance reform debate is a perennially important controversial and a complex topic. By aaron mondry updated may 24 2019 246pm.
If you renewed your policy before june 1 2016 the changes will affect you the next time your policy renews. What is auto reform duration. Car insurance costs have steadily increased in the us. Drivers there pay the highest car insurance rates in the country.
Heres what michigan house changed in auto insurance reform bill duration. Michigan auto insurance bill. That has never been more true than this year 2019 when a new no fault law brought about sweeping fundamental changes that will affect every driver in the great lakes state. Changes that took effect on june 1 2016 make your ontario auto insurance premium more affordable and give you more choice.
Understanding rate decreases timeline of changes drivers wont feel savings immediately. For policies purchased new or renewed on or after june 1 2016 heres whats different. Youve probably seen some stories in the news about auto insurance reform and health coverage in michigan. Our michigan auto insurance reform center is here to help provide up to date information that can help michigan drivers make smarter decisions on the road to reform.
10 things to know. A bill will reach gov. On july 2 2020 michigans new no fault auto insurance reform law is giving drivers in our great state new coverage options to consider.
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