Have You Noticed Lower Vehicle Insurance Premiums?
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Just about anyone in the state could tell you that for years Michigan has been a high-priced state for vehicle insurance. Think about it. It is taking a 27% drop in rates to move the state off the top of the premiums list. And it’s not that we’re all terrible drivers and have so many accidents that insurers find us all as a group to be high risk.
Rather, the issue has its foundation in mandated coverage with the state’s no-fault insurance system. Insure.com is reporting that new changes in the no-fault program in Michigan get the credit for most vehicle insurers dropping rates. The main issue is a medical fee provision, which the Insurance Alliance of Michigan claims has been promoting overcharging by medical providers. The Alliance says thanks to the new no-fault changes, Michigan drivers will see more insurance companies offering coverage in the state. That competition will in turn begin to lower pr
Michigan Is Now 2nd For Most Expensive Car Insurance
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Have You Noticed Lower Vehicle Insurance Premiums?
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Michigan Is Now 2nd For Most Expensive Car Insurance
wjimam.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from wjimam.com Daily Mail and Mail on Sunday newspapers.