Michigan drivers are about to pay more for car insurance. Here’s why

Michigan drivers will face higher auto insurance rates starting next month.

[{"selector":"#anim-9f4d42df-8eb5-40b8-a8e5-1a177d7b81e7 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(12.514648210040342%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] CREDIT GETIMAGE

[{"selector":"#anim-b7c11165-494f-47fc-b089-7674c67f3756 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-12.514648210040342%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] The cost of unlimited personal injury protection coverage will increase by $36 per vehicle. The cost of unlimited personal injury protection coverage will increase by $36 per vehicle. CREDIT GETIMAGE

[{"selector":"#anim-5b429e8f-ef2f-43c5-bf91-0ab18a1e312a","keyframes":{"transform":["scale(1)","scale(1.5)","scale(0.95)","scale(1)"],"offset":[0,0.33,0.66,1]},"delay":0,"duration":1450,"easing":"ease-in-out","fill":"both","iterations":1}] Starting July 1, drivers with unlimited PIP coverage will pay $122 per vehicle. Starting July 1, drivers with unlimited PIP coverage will pay $122 per vehicle. CREDIT GETIMAGE

[{"selector":"#anim-6d892c23-b658-4c40-a649-f41670c31260 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-12.514648210040342%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] Drivers with other insurance plans will owe $48 per vehicle. Drivers with other insurance plans will owe $48 per vehicle. CREDIT GETIMAGE

[{"selector":"#anim-0e2109d3-a27f-4709-81e5-2ba874e6060f [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(12.514648210040342%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] The Michigan Catastrophic Claims Association (MCAA) raised fees due to a $3.7 billion deficit in the reimbursement fund. The Michigan Catastrophic Claims Association (MCAA) raised fees due to a $3.7 billion deficit in the reimbursement fund. CREDIT GETIMAGE

[{"selector":"#anim-9009b1cd-e878-431b-96a2-b2c7b2173479","keyframes":{"transform":["scale(1)","scale(1.5)","scale(0.95)","scale(1)"],"offset":[0,0.33,0.66,1]},"delay":0,"duration":1450,"easing":"ease-in-out","fill":"both","iterations":1}] The deficit resulted from medical costs exceeding $600,000. The deficit resulted from medical costs exceeding $600,000. CREDIT GETIMAGE

[{"selector":"#anim-c122ca75-a5ec-481d-a7c1-3bf11c45163d [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-31.249999886225726%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] Last year's surplus of $5 billion allowed $400 refunds per vehicle. However, the deficit has now compelled drivers to return $48 to the MCAA. Last year's surplus of $5 billion allowed $400 refunds per vehicle. However, the deficit has now compelled drivers to return $48 to the MCAA. CREDIT GETIMAGE

[{"selector":"#anim-9ea3aea7-00e0-413a-8446-15f22b0e3039","keyframes":{"transform":["scale(1)","scale(1.5)","scale(0.95)","scale(1)"],"offset":[0,0.33,0.66,1]},"delay":0,"duration":1450,"easing":"ease-in-out","fill":"both","iterations":1}] The court ruling led to higher claims costs and disrupted the fee schedule, impacting refunds for policyholders. The court ruling led to higher claims costs and disrupted the fee schedule, impacting refunds for policyholders. CREDIT GETIMAGE

Michigan drivers are about to pay more for car insurance. Here’s why

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Michigan drivers are about to pay more for car insurance. Here’s why

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Michigan drivers will face higher auto insurance rates starting next month.

Michigan drivers will face higher auto insurance rates starting next month.

Michigan drivers are about to pay more for car insurance. Here’s why

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