Cheap Auto Quote, No Fault Car Insurance Reform Heads to House in Michigan
Are you a Michigan driver paying an extremely high premium for car insurance? The Michigan House is expected to begin considering reforming car insurance to cap catastrophic injury payouts capped at $1 million. This legislative plan is intended to reform Michigan’s no-fault auto insurance system.
According to the Lansing State Journal, this could save the average Michigan family $250 a year in insurance costs. It would also require insurance companies to lower premiums by $125 per vehicle for one year.
This topic is receiving a lot of attention and can make a big difference for car insurance companies as well as Michigan drivers. The no-fault auto insurance debate has drawn packed crowds and the bill will now move to the house floor.