Michigan House passes rate relief for no-fault auto insurance
Whitmer renews threat to veto House auto insurance bill: Here's why
"People in every corner of Michigan are talking about this broken system and the need for real reform," said Rep.
Bur
"Do we stand with insurance companies to give them what they want," asked Rep.
The five coverage options:
-- Totally opting out of personal injury coverage, which would result in a 100% guaranteed rate reduction in the PIP portion of an insurance bill. A driver would have to have health care coverage that would cover treatment of injuries caused in a car crash;
-- A
-- A
-- A
-- And an unlimited medical benefit option similar to what is offered now under the no-fault system. This option would guarantee a 10% rollback in PIP rates.
Like the
Prohibiting insurance companies from using non-driving factors, such as credit scores, gender and ZIP codes -- was a big requirement for
Rep.
"Until you, my white brothers and sisters, stand up and be real honest about what's happening in cities like
The quick consideration of the bills -- the
"If the governor is looking for rate reduction, I'm all for it. I'm very open to compromise," said Rep.
The
Two
Other
"We need guaranteed rate reduction of 25%, not just on your PIP, but on your entire bill," said Rep.
Rep.
"The
The primary difference between the
Other elements that were included in both versions of the bills were:
-- A fraud unit within the
-- Ending lawsuit abuse by tightening up rules against attorneys having conflicts of interest with medical care providers and ending the practice of agencies selling long-term care annuities to car crash victims.
-- Limits on attendant care for health care workers providing help to car crash victims.
Rep.
"Auto insurance works in 49 other state," he said. "And no other state is pushing to move away from their system to match what we do in
The
"It's a sad day in
"We have serious concerns with the arbitrary rate and regulatory mandates that will be counterproductive to the goal of saving drivers money," she said. "We are hopeful
The bill -- HB 4397 -- now has to go back to the
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