2025 Senate Bill 328

Insurance: automobile; rate reductions; require.

A bill to amend 1956 PA 218, entitled “The insurance code of 1956,” (MCL 500.100 to 500.8302) by adding section 2111g.

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Senate Bill No. 328 requires insurers to reduce premiums by 10% for new or first-renewal auto insurance policies without reducing coverage, enhancing consumer protection and affordability.

Introduced in the Senate

May 29, 2025

Introduced by Sen. Jeff Irwin (D-15) and 9 co-sponsors

Co-sponsored by Sens. Mallory McMorrow (D-8), Sue Shink (D-14), Stephanie Chang (D-3), Rosemary Bayer (D-13), Ed McBroom (R-38), Kevin Hertel (D-12), Erika Geiss (D-1), Mary Cavanagh (D-6) and Dayna Polehanki (D-5)

Referred to the Committee on Finance, Insurance, and Consumer Protection