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Auto insurance rates in MI to go up again

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Insurance graphic (properly sized)
Insurance graphic (properly sized)

LANSING (WKZO) -- Auto insurance rates in Michigan are going up again. In June, you'll see an increase of eleven dollars a year in your policy because the Michigan Catastrophic Claims Association says it's necessary in order to support the fund that pays out lifetime benefits to those who are catastrophically injured.

For that reason, some -- including the MCAA itself -- want to get rid of the lifetime benefits requirement in Michigan. However, John Prosser, with the Coalition Protecting Auto No Fault, says it should be maintained. His group wants more information from the MCAA regarding what, exactly, the problem is with the lifetime benefits fund.

Prosser argues that it should be solvent for years to come, saying that it prevents people with severe injuries from going bankrupt because of medical bills.

 

 

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