Michigan lawmakers take aim at high car insurance rates
"Should
In particular,
Instead, accident victims "will have the ability to sue at-fault drivers for economic damages and non-economic damages such as pain and suffering," as is now the case in
The catastrophic-claims coverage is unique to
"We're paying these huge premiums to cover the cost of lifetime benefits that 98 percent will never tap into," he said, estimating that many Michiganders' auto insurance cost will be cut by half if no-fault is eliminated.
Eight bills, of which seven were formally read into the record Tuesday, are needed because of different sections of
Also co-sponsoring the bills are state Reps.
"Our auto insurance is too expensive,"
While declining to endorse the local
"Although the
House Democratic Leader
"
Exactly where
The latest edition of an annual database compiled by the
That number had climbed more than
It also was the highest average premium, by far, among neighboring states. The average
In its report, however, the insurance commissioners' association cautioned that rate comparisons between states are fraught because the minimum coverage requirements and benefits vary significantly.
The association reported a national average of
According to the
Contact
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