Home Insurance Where does auto insurance reform stand? – WILX-TV

Where does auto insurance reform stand? – WILX-TV

3 min read
0
16

LANSING, MI (WILX) – Michigan lawmakers were no closer Wednesday to finding a solution to the state’s high auto insurance rates.

The state Senate adjourned Wednesday without taking up any bills related to the issue.

So, what do lawmakers believe needs to happen for the issue to move forward?

Legislators have been meeting with Gov. Gretchen Whitmer to see if they can compromise on a solution, but so far no progress has been made.

Wednesday morning the Senate Insurance and Banking committee took up a bill that would prohibit insurance companies from setting their rates based on factors that are not related to driving including a person’s credit score.

Last week, lawmakers passed a bill to give drivers their choice of personal injury protection.

“The Senate and the House have both passed significant reforms which I was really pleased to see,” said Senator Tom Barrett, (R) Potterville.

“The governor had vowed to veto those bills, but I’m hopeful that we can find a solution that ultimately achieves savings for people in our state because that’s what’s important,” he added.

Governor Whitmer says she has not been sent those bills yet, but she is optimistic that members of both parties are coming to the table to talk.

She says there is “potential.”

Thursday morning, House Democrats will unveil their auto insurance reform plan.

They say it will lower rates by 40 percent.

Copyright 2019 WILX. All rights reserved.

Let’s block ads! (Why?)


Source link

Leave a Reply

Your email address will not be published. Required fields are marked *

Check Also

States Put the Brakes on Car-Insurance Prices – Wall Street Journal

Updated May 21, 2019 1:00 p.m. ET Michigan has the highest car-insurance rates in the nati…