Michigan - No Fault Senate Bill 248 (Lower Auto Insurance Rates)

[snocrazy]

This bill is going to the House any day. Check it out and if you agree, make sure you let your Gov representatives know.

State lawmakers are currently considering Senate Bill 248, which would overhaul the present no-fault law. Proposed changes would include:

•Addressing the issue of medical providers charging no-fault insurance carriers significantly higher than other insurance payers
•Providing a $100-per-car auto premium insurance rollback on auto insurance policies for Michigan drivers
•Forming a fraud authority agency to investigate and prosecute criminals who exploit the state’s unlimited, lifetime no-fault medical benefits (which would remain in place under the new law)
•Creating a more transparent system to pay catastrophic auto accident claims
This is your opportunity to support these reforms. The Take Your Stand team has drafted template email letters you can send to your state lawmakers today.

It took more than ten years to reach this critical point again. Take your stand right away.

http://cqrcengage.com/allstate/app/write-a-letter?3&engagementId=96200&lp=0
The above link is Allstate backed. You fill out simple form and it sends form letters.

Here is a link to the Government site for this bill.
http://legislature.mi.gov/(S(gozxya...g.aspx?page=getObject&objectName=2015-SB-0248

 

[chords]

I dont understand enough to be for or against, but something needs to change. I have no claims and clean record for many many years and what I pay for full coverage I think is crazy. But I know of others that also have no claims 0 points but because its a Mustang and low credit are paying absolute ridiculous amount annually. Like to the tune of over $2000 a year. And thats with NO comp or collision.
What credit score has to do with it I have no idea

 

[polarisrider1]

I dont understand enough to be for or against, but something needs to change. I have no claims and clean record for many many years and what I pay for full coverage I think is crazy. But I know of others that also have no claims 0 points but because its a Mustang and low credit are paying absolute ridiculous amount annually. Like to the tune of over $2000 a year. And thats with NO comp or collision.
What credit score has to do with it I have no idea

Credit score has a lot to do with it. Lower scores run a higher risk of claims due to the odds of ability to pay. Low score = higher risk of you torching your house, car, boat, sled, etc. To get out of paying for it. It gets more complicated then that, but trying to explain so the bulk of you can understand it.

 

[EXCESSIVE FORCE]

Could have used this reform back in '93 when i got sideswiped on the trail near the Hoop by a drunk at 10 am !! My insurance had to fix my new sled even though we both were from WI and it was his fault.........

 

[wirev]

We were planning to retire in Mich but one of the big reasons we chose retire in Wisc rather than Mich is the no fault law. It is absolutely ridiculous.

 

[mezz]

Could have used this reform back in '93 when i got sideswiped on the trail near the Hoop by a drunk at 10 am !! My insurance had to fix my new sled even though we both were from WI and it was his fault.........

Michigan No-Fault Law has nothing to do with snowmobiles, this is strictly an Auto Insurance Law. This law definitely needs to be revamped. The proposed Bill is a "Start" in the right direction but not far enough. The fee schedule for medical providers is an absolute necessity as this portion of the coverage is the costliest especially when you combine the premium charges for Personal Injury Protection (Medical) as well as the MCCA fees per vehicle. For those of you that are not aware, the medical coverage presently provided is UNLIMITED in benefit. You & I cannot go out a buy a health insurance plan that is unlimited in benefit, so why should we be forced to purchase an unlimited benefit under the auto policy? The present system is the costliest in the country. SB-284 will help "some" but it is not the cure all & we will still be paying the highest rates in the country, period. Time for our state government to wake up.-Mezz

 

[zltim]

No-fault in most states is medical only, nothing else.

 

[Go Fast or Go Home]

Not sure this correct. If your car, truck, snowmobile,etc, is in an accident then your insurance pays yours and the other insurance company pays his/hers no matter who is at fault. You can file for Tort damages to cover your deductible.

 

[misty_pines]

No-fault in most states is medical only, nothing else.

This is correct. According to Allstate's website found on a Google search, it says:

"What Falls Under No-Fault?

One of the most frequently asked questions about no-fault car insurance is, what exactly does it cover?

Bodily injury. Traditional car insurance policies let you take out liability coverage to pay for bodily injury claims from anyone injured in an accident in which you have been deemed at fault. With no-fault car insurance, the bodily injury coverage provided by your policy extends to you. One of the benefits of having no-fault coverage is that medical claims are paid quickly and you don't have to wait for a lawsuit before you are reimbursed for money you would otherwise have to pay out of pocket for your medical expenses.

Associated medical bills and other losses. The Personal Injury Protection element of no-fault car insurance ensures not only that your hospital bills are paid, but that you're also covered for any associated losses. For example, if you're injured and unable to return to work for some time, your no-fault coverage may help foot the bill for lost wages. This isn't always a guarantee, and availability varies by state.

What Does No-Fault Insurance Not Cover? The term "no-fault" usually pertains only to coverage relating to personal injury, and does not include coverage for property damage. In states that require consumers to have a no-fault car insurance policy, as in states without no-fault insurance, the liability coverage in your auto insurance policy covers you for damages to another person's car, and you can purchase collision coverage for your own vehicle."

It sounds like the Michigan No-Fault law needs some overhauling.

 

[heckler56]

Not a fan of no fault. Michigan residents pay the highest premiums in the country.
Coming back to Wisconsin in February in a whiteout I slowed down and my daughter hit the back of my car. I had to pay my deductible to get repaired. The guy that rear ended her, just drove off since it was no fault and he has no intention to repair his car. It seems you would be better off to drive a vehicles you could care less about.
My insurance said it will not impact my rates, but if enough people are out there that have no responsibility for their actions, won't everyone's rates go up? I think that has happened after 30-40 yrs of no fault.

 

[chords]

Yeah and in MI your policy collision cost is directly tied into whether you or other driver is more than 50% at fault.

Whhaaatt ?

And yes whole lotto people have no responsibilty for their actions cause they have no ins and drive on.

 

[EXCESSIVE FORCE]

Michigan No-Fault Law has nothing to do with snowmobiles-Mezz

Tell that to American Family ins. They're the ones that had to pay after they went after the clown that hit me. They were given the no fault excuse.......

 

[ezra]

I dont understand enough to be for or against, but something needs to change. I have no claims and clean record for many many years and what I pay for full coverage I think is crazy. But I know of others that also have no claims 0 points but because its a Mustang and low credit are paying absolute ridiculous amount annually. Like to the tune of over $2000 a year. And thats with NO comp or collision.
What credit score has to do with it I have no idea

credit score in part is proof of responsibility for 1.
the car has a ton to do with price . even if it is a slow 4 cyl.
my and the wife have high credit scores. she has a 5 yr old e benz I have a 3 yr old f150. she also has a 05 eclipse convert with a 4 cyl that gets used very little I think has under 45k on it . it cost much more to insure eclipse than our other cars worth much more . the reason is it is lumped in with all the other eclipse cars that thousands of teen boys thought they were fast and furious and wrapped around trees and such and got hurt bad. same thing with mustangs I am sure . cheep sporty looking cars some with big power lumped in with the 4 cyl and teens love to smack em up so even old guys have to pay the price to drive one. dollar for dollar better off buying something like a AMG that kids cant afford and car is in a cheaper bracket . add the insurance to the payment prob same or less to buy the amg

 

[mezz]

Tell that to American Family ins. They're the ones that had to pay after they went after the clown that hit me. They were given the no fault excuse.......

Perhaps I should clarify my statement, Michigan No-Fault Law has nothing to do with snowmobiles, unless that snowmobile comes into contact with a Michigan insured auto. The Michigan No-Fault Auto Law in itself is not applicable to sleds. Now, in your case, this does not prohibit yours or any company from subrogating the loss against the legally liable party or their insurance carrier. Their fault, they are responsible, again, nothing to do with the Michigan No-Fault Auto Law.-Mezz