LANSING, Mich. — Sen. John Proos on Thursday voted for Senate reforms to the Michigan auto no-fault insurance law.
“Drivers in Michigan are currently paying the nation’s highest car insurance rates — more than twice the premiums paid by Indiana drivers,” said Proos, R-St. Joseph. “As a border senator, I know all too well the terrible impact our sky-high insurance costs have on the choices that Southwest Michigan families and job providers have to face.”
In a July 2017 report by insure.com, Michigan was named the most expensive state for car insurance for the fourth consecutive year. Michigan’s average premium is $2,394, which is over 80 percent more than the national average of $1,318. The average premium paid by Indiana drivers is $1,021.
“One of the most common concerns I hear from Southwest Michigan residents is the high cost of auto insurance in our state,” Proos said. “Michigan needs serious reform to reduce car insurance rates that are unaffordable for many drivers and are threatening our economic growth.
“That is why I supported Senate legislation to start the process of making long-overdue reforms to the auto insurance system in Michigan.”
Senate Bill 1014 would make reforms to Michigan’s auto no-fault insurance law. It would create a new authority within the attorney general’s office to help investigate and reduce auto insurance fraud and cap benefits for people who have never paid into the no-fault system.
SB 787 would allow Michigan residents age 65 or older the option to choose a capped auto-insurance policy. Seniors who opt for the limited coverage would see their catastrophic claims assessment drastically reduced. Medicare would cover remaining medical expenses after the $50,000 limit is reached.
“My goal is to achieve a real solution that recognizes the tremendous burdens Michigan ratepayers are facing while also continuing to provide drivers with the best medical benefits in the country,” Proos said.
Editor’s note: Audio comments by Proos are available at www.SenatorJohnProos.com/audio.