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New insurance proposal could save Michigan drivers $1,200 a year

News

A new car insurance reform bill could save Michigan drivers up to $1,200 a year.

That’s according to a document obtained by 6 News that spells out the compromise between Governor Gretchen Whitmer and legislative leaders. 

Michigan’s “no fault” auto insurance provides lifetime health care coverage to some accident victims, but at the cost of some of the high insurance rates in the country.

A new bill would let drivers choose to lower their rates in exchange for less coverage for personal injury protection (PIP).

Those choosing no coverage could save the average driver $1,200 a year. 

There are also options for $50,000, $250,000, $500,000, and unlimited coverage. 

The bill also lowers medical costs.The legislature is expected to vote on this proposal this morning.

This story will be updated online and on 6 News.

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