LANSING, Mich. — Michigan’s top insurance regulator said the state is committed to helping drivers navigate a new law that will let motorists save money by foregoing unlimited medical coverage for crash injuries. The state Department of Insurance and Financial …
Insurance companies are finally putting a price on the risk of distracted driving, and it’s relatively cheap. Last year, a ticket for using a mobile phone while driving added $226 to the average insurance policy, an increase of 16 percent, …
Michigan drivers would no longer be required to buy unlimited medical insurance to cover serious crash injuries under bipartisan legislation high-ranking supporters proposed Tuesday aimed at reducing the country’s highest auto premiums by at least 20 percent. The bill backed …
North Carolina Deal Clears Way for Average 2% Auto Insurance Rate Hike North Carolina’s insurance regulator says he’s reached a deal with auto insurers for a premium increase of just over 2 percent instead of the nearly 14 percent average …
Auto theft rates in Mexico are rising at the fastest pace ever, and authorities are getting worse at tracking down the stolen cars. In March, the number of auto thefts rose 21 percent from the same month a year earlier, …
Dan McMullen is an insurance agent in Ferguson, Mo. His Solo Insurance office is on West Florissant Avenue, the epicenter of the trouble two years ago. The building next to his office burned into ruins. There aren’t many millionaires among …
Michigan Gov. Rick Snyder vetoed legislation Thursday that he said would have unfairly and artificially restricted competition in the car parts industry, raising the cost of auto repairs and insurance premiums. The bill, HB 4344, which won approval on 86-23 …
Combined, average homeowners and auto insurance premiums in Ohio are nearly $500 less than national averages, according to the state’s insurance department. Personal lines premiums in the state are among the lowest in the country, Lieutenant Governor and Department of …
While Ohio has traditionally had some of the lowest auto insurance premium rates in the country, going forward some Ohioans may see their rates rising. That’s because an increase in the state’s minimum limit of coverage for financial responsibility went …
Michigan can lower auto insurance premiums without making major changes to the state’s no-fault system proposed in legislation that has stalled for months, according to a nonpartisan report issued Oct. 14. The Citizens Research Council of Michigan, which studied medical …