More than $900M in auto insurance refunds sent to Michigan drivers; $2.1 billion still coming
According to data gathered by the Michigan Department of Insurance and Financial Services (DIFS), more than $906 million of the total $3 billion in surplus funds has distributed, which Whitmer attributed to โbipartisan auto insurance reformโ in a statement. Auto insurers have until May 9 to deliver the remaining $2.1 billion via mailed checks or direct deposit to eligible drivers. The MCCA is a statutorily established nonprofit that all auto insurers pay into for personal injury protection under the stateโs no-fault auto insurance system. The refund announcement came after Whitmerโs request in November 2021 that the MCCA use a $5 billion surplus to pay back drivers who have paid into the fund. Eligible drivers who do not receive their refunds by the deadline should contact their auto insurer or agent.
mlive.comMichigan drivers could begin seeing $400-per-vehicle refunds as soon as this week
A $400-per-vehicle refund from a state fund that covers costs for severe auto-related injuries will soon be available to Michigan drivers. Gretchen Whitmer and Michigan Department of Insurance and Financial Services Director Anita Fox announced this week that a $3 billion transfer from the Michigan Catastrophic Claims Association to Michigan auto insurers will be complete this week. That transfer starts the clock on a 60-day deadline for insurers to transfer refunds back to Michigan drivers prior to May 9, 2022. Since 2020, Michigan drivers can still choose unlimited PIP coverage, but now also have the option to choose a lower level of coverage. Whitmer signs bill overhauling Michigan auto insuranceMichigan orders auto insurance refunds due to โextreme reductions in drivingโMichiganders to see another drop in auto insurance fee in 2021
mlive.comMichigan drivers slated to get $400 per-vehicle refunds by May 9
Michigan drivers are expected to receive a promised $400 per-vehicle refund from the state fund that covers costs for severe auto-related injuries by May 9, 2022, officials said Monday. Related: Michigan drivers will get $400 refund per vehicle back from auto insurance feesThe MCCA will turn over the money to insurance companies by March 9, 2022. Since 2020, Michigan drivers can still choose unlimited PIP coverage, but now also have the option to choose a lower level of coverage. Crash victims, health providers cry foul over impending change to auto injury medical feesMichiganโs new auto insurance law brings excitement, concernWhat to consider when buying auto insurance in MichiganWill Michigan drivers change their policies once new auto insurance law takes effect? Whitmer signs bill overhauling Michigan auto insuranceMichigan orders auto insurance refunds due to โextreme reductions in drivingโMichiganders to see another drop in auto insurance fee in 2021
mlive.comMichigan Drivers to Get $400-Per-Vehicle Refund on Auto Insurance Payments
Gretchen Whitmer announced that Michigan drivers can expect a refund of $400 per insured vehicle from the Michigan Catastrophic Claims Association (MCCA) in 2022. MLive reporter Lauren Gibbons says regardless of refunds and reforms, Michiganโs auto insurance rates remain much higher than other states. โThereโs a lot of experts and critics out there who say drivers should be getting more money because theyโre not using their cars as much.โ โLauren Gibbons, MLiveListen: Whoโs eligible for the $400 Michigan auto insurance refund? GuestLauren Gibbons covers politics and policy for MLive. โThe legislative leadership who were all heavily involved [in the 2019 auto insurance reform law] โฆ theyโve been pretty hesitant to go back in and make changes,โ she says.
wdet.orgMichigan drivers will get $400 refund per vehicle back from auto insurance fees
Michigan drivers are slated to get a $400-per-car refund from a state fund that covers costs for severe auto-related injuries, Gov. Since 2020, Michigan drivers can still choose unlimited PIP coverage, but now also have the option to choose a lower level of coverage. Related coverage:Michigan average car insurance rates drop significantly, but still among highest in U.S.Michiganโs new auto insurance law brings excitement, concernWhat to consider when buying auto insurance in MichiganWill Michigan drivers change their policies once new auto insurance law takes effect? Many still donโt knowWhy itโs hard to predict individual savings under new auto insurance lawMichigan auto insurers see โcoronavirus windfallโ as driving, crashes decreaseRoughly half of insured Michigan drivers wouldnโt choose to opt out of no-fault coverage, survey findsGov. Whitmer signs bill overhauling Michigan auto insuranceMichigan orders auto insurance refunds due to โextreme reductions in drivingโMichiganders to see another drop in auto insurance fee in 2021
mlive.comMichigan drivers to receive $400 refunds in 2022
Photo: Sarah BrownMICHIGAN โ The state of Michigan announced refund checks of $400 per vehicle for drivers in 2022. The money, $3 billion in total, comes from surplus funds that Michigan drivers have paid into the Michigan Catastrophic Claims Association (MCCA). The surplus funds will be turned over by the MCCA to insurance companies operating in Michigan by March 9, 2022, and the insurers will be responsible for issuing checks to eligible policyholders. โThese refunds and the recently announced statewide average rate reductions are lowering costs for every Michigan driver,โ said Governor Whitmer. Additional information about the auto insurance reform law, including the uninsured driver amnesty period, which expires before January 1, 2022, can be found at Michigan.gov/AutoInsurance.
arabamericannews.comMichigan drivers will get refunds on auto insurance fees, board announces
The board tasked with setting and managing personal injury protection fees paid by Michigan drivers is supporting Gov. Since 2020, Michigan drivers can still choose unlimited PIP coverage, but now also have the option to choose a lower level of coverage. Related coverage:Michigan average car insurance rates drop significantly, but still among highest in U.S.Michiganโs new auto insurance law brings excitement, concernWhat to consider when buying auto insurance in MichiganWill Michigan drivers change their policies once new auto insurance law takes effect? Many still donโt knowWhy itโs hard to predict individual savings under new auto insurance lawMichigan auto insurers see โcoronavirus windfallโ as driving, crashes decreaseRoughly half of insured Michigan drivers wouldnโt choose to opt out of no-fault coverage, survey findsGov. Whitmer signs bill overhauling Michigan auto insuranceMichigan orders auto insurance refunds due to โextreme reductions in drivingโMichiganders to see another drop in auto insurance fee in 2021
mlive.comWhy Whitmer is asking auto insurance industry to give โmaximum amountโ of $5B surplus back to drivers
Gretchen Whitmer is seeking refunds of auto insurance fees, arguing a $5 billion surplus accumulated by the Michigan Catastrophic Claims Association should be returned to Michigan drivers. In a Monday statement, Whitmer said the MCCA โ a statutorily-established nonprofit that all auto insurers pay into for personal injury protection under the stateโs auto no-fault system โ currently boasts a surplus of more than $5 billion โand should be put in peopleโs pockets immediately with a refund check.โ
mlive.comMichigan car insurance fee for medical coverage will drop
LANSING, Mich. โ Michigan drivers who want unlimited personal injury protection benefits will pay $86 per vehicle starting next summer, down from $100 currently. The fee was mandatory for decades but became optional beginning in July under a change in state law. The Michigan Catastrophic Claims Association, a state-created nonprofit entity that reimburses auto insurers for medical claims surpassing $580,000, announced the 14% fee reduction Wednesday. Motorists who forego personal protection benefits entirely and those who choose less coverage do not have to pay the assessment. The insurance industry said the reduced fee underscores the need to keep the law, which โ beginning next July โ will also set a fee schedule for care covered by auto insurers.
Rep. Bellino: A year in review
Rep. Joe Bellino is a Republican from Monroe. Our changes give drivers some choice in personal injury protection coverage, eliminating what amounted to an unfair and mandatory tax on drivers. For the drivers who choose lower coverage limits under Michigans revised no-fault insurance law, they will avoid the fee altogether. This plan, which passed the House and awaits Senate approval, will help people become successful members of society. Please feel free to reach out to my office with any questions, ideas or concerns at 517-373-1530 or JosephBellino@house.mi.gov.
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