Insurance premiums in Michigan are among the highest in the nation. The number of uninsured motorists in Michigan is among the highest in the nation. Some state legislators see a direct connection and are looking to find ways to lower those MI car insurance quotes and get more people insured. One way is to eliminate Michigan’s unlimited medical coverage requirement.
Currently, Michigan is the only state that requires a driver to have an unlimited medical coverage policy. Every policyholder’s personal injury protection provision must cover $500,000 in accident related medical bills, then a pooled catastrophic claims fund picks up the rest. That coverage costs consumers about $145 a year. A new bill proposed by Sen. Joe Hune, R-Hamburg, would allow people to opt for protection limits from $50,000 to $400,000 or continue with the unlimited coverage.
The goal of the bill is to make auto insurance in Michigan more affordable in hopes that more drivers will seek coverage. The bill seems to have support in the capitol and may soon be law.