Essential Insurance Act (EIA) Archive

  • Essential Insurance Act (EIA)

    Essential Insurance Act (EIA)

    ESSENTIAL INSURANCE ACT DISCUSSION The Essential Insurance Act (EIA) requires insurers to accept most applicants for automobile or home insurance, and it restricts the number and type of classifications insurers can use in order to develop rates. A large impetus for the EIA was a 1978 Michigan Supreme Court decision commonly referred to as the […]

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