no fault Archive

  • Governor Working To Fix High Car Insurance Rates

    Governor Working To Fix High Car Insurance Rates

    WILX.com Michigan’s unique no fault law, which covers medical benefits for an unlimited amount, has drivers upset about the costs they have to pay for their monthly premiums. “Well it’s tough, you know, everybody’s trying to make ends meet and more money in your car insurance definitely doesn’t help,” said Jordan Leaming, a driver in […]

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  • R Street Institute: Reforming Michigan’s Auto Insurance Market

    R Street Institute: Reforming Michigan’s Auto Insurance Market

    by R.J. Lehmann Michigan’s unaffordably high auto insurance premiums result in large part from its unique requirement granting all policyholders unlimited lifetime medical benefits. Higher rates of medical utilization and significantly higher reimbursements for common medical claims than those paid by Medicare or private workers compensation insurers show how pervasive the problem has become. Allowing […]

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  • Michigan stands out on high cost of car insurance

    Michigan stands out on high cost of car insurance

    By Gary Wolfram Detroit Free Press guest writer A recent study found that Michigan’s car insurance rates are the highest in the nation. When looked at as a percent of annual median household income, Michigan drivers spend 8% on car insurance, according to CarinsuranceQuotes.com. The next highest state was Louisiana at 5.5%. Michigan’s rates as […]

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  • Commentary: For Detroiters, auto insurance costs still far too high

    Commentary: For Detroiters, auto insurance costs still far too high

    The Detroit News By Rep. Shanelle Jackson Auto insurance costs for Detroit residents have long been excessive. Detroiters pay the highest autoinsurance premiums in Michigan. In this time of economic hardship, rate increases threaten the financial security of many middle-class working families in Detroit. Something must be done. This growing problem is in need of […]

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  • Michigan’s No-Fault System Pressured by Catastrophic Claims, Changes in Treatment Patterns

    Michigan’s No-Fault System Pressured by Catastrophic Claims, Changes in Treatment Patterns

    New findings from an Insurance Research Council (IRC) study of no-fault auto injury insurance claims show that average claimed losses for medical expenses, lost wages, and other expenses related to injuries from auto accidents in Michigan grew 192 percent, or 13 percent per year, on average, between 2002 and 2011. Over the same period, the […]

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