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Wednesday, 17 November 2021 22:24

MI Gov. Announces Savings for Drivers Under Auto Insurance Reform Law

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Michigan Gov. Gretchen Whitmer on Nov. 16 announced drivers should expect lower costs and more savings for their auto insurance policies over the previous year. 

Under the new auto insurance reform signed into law by the governor, drivers should see even greater savings on the PIP medical portion of their policies, on average between 25% and 62% depending on which coverage options they choose this year.

 

Whitmer also reminded drivers who have let their auto insurance lapse that time is running short take advantage of purchasing insurance penalty-free before the Jan. 1, 2022, deadline.  

 

"Michigan drivers called for relief from high auto insurance rates for decades, and I am pleased that this bipartisan legislation has resulted in savings, increased consumer protections and more consumer choices than ever before," said Whitmer. "Drivers are able to choose the coverage level that best meets their families' needs and budget, and even those who'd like to keep unlimited coverage, which provides the nation's most generous benefits, are still saving money." 

 

The lower premiums will save drivers more money on top of the expected refund that will be distributed after the Michigan Catastrophic Claims Association (MCCA) voted unanimously to grant the governor's request to deliver refund checks to every Michiganders with auto insurance.  
   
"One of the most important consumer protections is the uninsured driver amnesty period, which helps drivers who have let their insurance lapse purchase insurance without paying a penalty or increased premium---but they must apply before Jan. 1, 2022," said Michigan Department of Insurance and Financial Services (DIFS) Director Anita Fox. "Starting on Jan. 1, drivers can once again be charged a penalty or increased premium after a lapse in coverage, so we strongly encourage all uninsured drivers to contact an agent or insurer today to apply." 

 

Michigan's new auto insurance law has been in effect for more than a year, and the state continues to...


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