Introduced
by
To authorize (but not require) four “low cost auto insurance” pilot programs for drivers of low to moderate income with good records who own cars worth less than $20,000. Premiums could not be more than $600 annually, and the policy would still mandate the unlimited personal injury protection required under Michigan’s no-fault insurance law. The bill does not specify the means by which $600 rates would be offered that covered the cost of the insurance plans.
Referred to the Committee on Insurance
Reported without amendment
Without amendment and with the recommendation that the bill pass.
