Comments on this legislation Post new comment Text and Analysis Add to Watch List
Previous Next
- Introduced by Rep. Pete Lund (R) on September 13, 2011, to allow auto insurance companies to offer policies in which the personal injury protection (PIP) coverage is less than the mandatory unlimited coverage now provided by the Michigan Catastrophic Claims Association (and the price would be lower as well). This mandatory PIP coverage is billed as extra assessments on auto insurance bills. The bill would allow a customer to choose lesser coverage caps of $250,000, $500.000, $1 million or $5 million.
- Referred to the House Insurance Committee on September 13, 2011.
- Reported in the House on October 13, 2011, with the recommendation that the substitute (H-2) be adopted and that the bill then pass.
- Referred to the House Insurance Committee on September 13, 2011.
Comments
1) Re: 2011 House Bill 4936 (Allow less than unlimited PIP insurance ) by victor88 on September 15, 2012I do not see being able to drop this coverage down is not good at all. This coverage is so important to car insurance. This would not be good to pass at all here. L'Académie Westboro
Michigan is the ONLY state that has this. And (not coincidentally) we also have the highest rates in the nation! And (also not coincidentally) one of the highest uninsured drivers rates in the nation. 20% of Michigan drivers are uninsured, 40% in Detroit! Whatever the other 49 states are doing seems to be working. Although I think a good compromise would be to allow the option of having or not having unlimited coverage. I have to admit that having unlimited coverage is nice to have if you need it, but I still favor having the FREEDOM to decide for yourself what's best for you. That's the beauty of the free market and living in a free country!
Indeed, why should people pay for mandatory catastrophic coverage when most of what people change in their cars on an ordinary basis are the headlights. I mean for those car owners who don`t cause incidents or keep away from being involved in incidents. Indeed, insurance regulations are too hard on drivers in Michigan. We can only hope one day the state will decide to take the example of the other states that got convinced of the financial strain they are putting on citizens.
Your new comments should be made in the box below.
