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Wednesday, 03 June 2020 16:34

Michigan Orders Auto Insurance Companies to Issue Refunds to Drivers

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This news comes after many insurance companies announced in April they planned to give some money back to their customers amid the coronavirus pandemic; both because people driving around less means fewer claims, and also to help those who are in financial hardship during this time.
 
Credits issued tend to range on average from 15% to 25% of your bill, depending on which auto insurance company you have.

 

State officials note these premium waivers or refunds are in addition to any savings resulting from the upcoming changes to Michigan’s auto insurance law, which has shown reductions to statewide average premiums for Personal Injury Protection medical coverage for policies issued or renewed after July 1. Visit Michigan.gov/autoinsurance for more details on changes to the law and instructional videos.

 

We thank WWJ News Radio for reprint permission. 


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