ReduceMI_Rates_white v2.png

Lower car insurance rates have arrived!

Road to Reform

For decades, Michigan drivers have been forced to pay the highest car insurance in the nation. The Michigan House of Representatives passed a historic solution to deliver guaranteed relief to every Michigan driver.

 

 

Act now to receive the rate relief you deserve!


The wait for more affordable car insurance is over. Now is the time to receive the rate relief you deserve. The new law required the Department of Insurance and Financial Services to create educational resources for consumers and to provide contacts for questions. This resource provides extensive information on the new choices and decisions that each Michigan driver will have. Drivers may visit www.Michigan.gov/autoinsurance, email autoinsurance@michigan.gov or call (833) ASK-DIFS for more information.

 

Auto insurance companies also have online consumer guides and information available to help drivers. These resources are available to you and can help you begin to learn more about individual insurers that you may choose to get a quote from. This information is available on company websites.

To learn more about what you can be doing now, click here.

What is PIP?

Personal Injury Protection (PIP) is insurance coverage for all reasonably necessary medical expenses following an injury caused by an auto accident. PIP may also cover wage loses and replacement services following an auto accident. 

 

What is BI?

Bodily Injury Liability (BI) insurance is mandatory liability coverage that all Michigan drivers must carry. BI covers a driver for claims made against them when they are at fault in an accident that causes injuries to another driver.

 

10% Rollback

This plan offers no change to current unlimited personal injury protection (PIP) coverage. Average statewide savings $120/year. To select this plan:
 

  1. Ask for quotes from different insurance companies to get the best price for you and your family.
     

  2. Closely review the Michigan personal injury protection (PIP) and bodily injury liability (BI) forms.
     

  3. Consult your agent with questions or concerns. Resources and information for consumers are also available at www.Michigan.gov/autoinsurance.
     

  4. Select Option 1 on the PIP Selection form.
     

  5. Choose your level of coverage on the BI selection form.
     

  6. Sign both forms as required and return them to your selected insurer.
     

  7. Your savings will begin on the date your new auto policy goes into effect
     

20% Rollback

This plan makes offers $500,000 in personal injury protection (PIP) coverage. Average statewide savings is $240/year. To select this plan:

  1. Ask for quotes from different insurance companies to get the best price for you and your family.
     

  2. Closely review the Michigan personal injury protection (PIP) and bodily injury liability (BI) forms.
     

  3. Consult your agent with questions or concerns. Resources and information for consumers are also available at www.Michigan.gov/autoinsurance
     

  4. Select Option 2 on the PIP Selection form.
     

  5. Choose your level of coverage on the BI selection form.
     

  6. Sign both forms as required and return them to your selected insurer.
     

  7. Your savings will begin on the date your new auto policy goes into effect.

 
 

35% Rollback

This plan offers $250,000 in personal injury protection (PIP) coverage. Average statewide savings is $420/year. To select this plan:
 

  1. Ask for quotes from different insurance companies to get the best price for you and your family.
     

  2. Closely review the Michigan personal injury protection (PIP) and bodily injury liability (BI) forms.
     

  3. Consult your agent with questions or concerns. Resources and information for consumers are also available at www.Michigan.gov/autoinsurance.
     

  4. Select Option 3 on the PIP Selection form.
     

  5. Choose your level of coverage on the BI selection form.
     

  6. Sign both forms as required and return them to your selected insurer.
     

  7. Your savings will begin on the date your new auto policy goes into effect

 

45% Rollback

This plan is available to Medicaid recipients only. This plan offers $50,000 in personal injury protection (PIP) coverage. Average statewide savings is $540/year. To select this plan:
 

  1. Ask for quotes from different insurance companies to get the best price for you and your family.
     

  2. Closely review the Michigan personal injury protection (PIP) and bodily injury liability (BI) forms. 
     

  3. Consult your agent with questions or concerns. Resources and information for consumers are also available at www.Michigan.gov/autoinsurance
     

  4. Select Option 5 on the PIP Selection form.
     

  5. Choose your level of coverage on the BI selection form.
     

  6. Sign both forms as required and return them to your selected insurer.
     

  7. Your savings will begin on the date your new auto policy goes into effect.

Up to 100% Rollback

This plan is only available if your employer or senior retiree health insurance already covers you. This plan offers drivers a 100% rollback, with no additional personal injury protection coverage. To select this plan:
 

  1. Ask for quotes from different insurance companies to get the best price for you and your family.
     

  2. Closely review the Michigan personal injury protection (PIP) and bodily injury liability (BI) forms.
     

  3. Consult your agent with questions or concerns. Resources and information for consumers are also available at www.Michigan.gov/autoinsurance.
     

  4. Select Option 6 on the PIP Selection form.
     

  5. Choose your level of coverage on the BI selection form.
     

  6. Sign both forms as required and return them to your selected insurer.
     

  7. Your savings will begin on the date your new auto policy goes into effect.

 
 

What You Can Do Now

Educate Yourself.


The wait for more affordable car insurance is over. Now is the time to receive the rate relief you deserve. The new law required the Department of Insurance and Financial Services to create educational resources for consumers and to provide contacts for questions. This resource provides extensive information on the new choices and decisions that each Michigan driver will have. Drivers may visit www.Michigan.gov/autoinsurance, email autoinsurance@michigan.gov or call (833) ASK-DIFS for more information.

Michigan auto insurance companies also have online consumer guides and information available to help drivers. These resources are available to you and can help you begin to learn more about individual insurers that you may choose to get a quote from. This information is available on company websites.




Get to Know the Forms.


The Department of Insurance and financial services was required by law to develop forms for drivers. Their website includes sample forms that consumers will be required to sign for their personal injury protection and bodily injury liability coverages. The new law requires that consumers be educated on their choices. These forms include the risks and benefits of each choice. Because consumers will be required to make their choices and sign for them, becoming familiar with these forms in advance is a good idea for all consumers. Download PIP Form Download BI Form




Consult Your Employer/Health Insurer.


Consumers may be eligible to opt out of PIP coverage if they have health insurance that covers auto injuries. For example, if your employer provided health insurance covers your family, has a deductible under $6,000 and covers auto injuries, you may be eligible. If you have Medicare Part A and B, you may be eligible. Confirming in advance that a health plan covers auto can save a consumer time when they decide which choice they want to make.




Contact your agent.


All private passenger insurance providers have had their rates approved by DIFS. Drivers are encouraged to contact their trusted agents to help walk them through the new PIP and BI choices.




Shop Around.


Every car insurer in Michigan has filed their new rates and have had them approved by DIFS. The new law requires minimum savings for consumers, but competition and the market can drive further savings. The company you are insured with today may not be the company with the best price.





ReduceMI_Rates_white v2.png

Copyright 2020
Michigan House of Representatives