No-fault reform plan would provide major insurance rate cuts for drivers

Savings would be considerably greater for seniors in new legislation that would reduce nation’s highest premiums, slash costs and root out fraud

Michigan House Speaker Tom Leonard, State Rep. Lana Theis and Detroit Mayor Mike Duggan today announced a plan to reduce Michigan drivers’ car insurance bills an average of 20% — and even more for seniors — bringing significant relief to residents paying the nation’s costliest insurance premiums.

The bipartisan legislation to reform Michigan’s no-fault insurance laws is sponsored by Theis, R-Brighton, and backed by Leonard, R-DeWitt, and Duggan, a Democrat. The plan would end Michigan’s only-state-in-the-nation requirement that all drivers pay for unlimited lifetime health insurance through their auto insurers, no matter whether they already have health care coverage. Drivers who want to keep unlimited health care specifically through an auto insurance company could continue to do so.