Bill would cut Michigan auto premiums by 20 percent

LANSING, Mich. (AP) — Michigan drivers would no longer be required to buy unlimited medical insurance to cover serious crash injuries under bipartisan legislation high-ranking supporters proposed Tuesday aimed at reducing the country’s highest auto premiums by at least 20 percent.

The bill backed by House Speaker Tom Leonard, Detroit Mayor Mike Duggan and others would make it optional to carry unlimited personal protection insurance benefits. Michigan is the only state to mandate unlimited coverage.

Motorists could instead buy $250,000 of coverage — guaranteeing themselves a rate rollback — or $500,000 of coverage under the measure. Seniors 62 or older who have Medicare or some other private health insurance could opt entirely out of personal injury auto coverage and have their medical insurance cover injuries — cutting their premium by 35 percent.

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Full story from AP on WOODTV.com


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