Michigan Auto Insurance Refund

On march 10 2020 governor whitmer issued executive order 2020 04 which declared a state of emergency across the state of michigan due to the covid 19 pandemic. Lansing all michigan auto insurance companies must give partial premium refunds or waivers because people are driving less during the coronavirus pandemic state officials said monday. In michigan alone by the end of march statewide travel had dropped by 55 and travel in detroit had dropped by 62 according to data by inrix.

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Gretchen whitmer and anita fox who.

Michigan auto insurance refund - Wlns all auto insurers in michigan have been ordered to issue refunds or premium waivers to drivers because of reduced risks in driving during the covid 19 pandemic. Auto insurance refund filings issued and entered. Michigan s insurers must issue drivers refunds for their auto insurance premiums a new executive order from the governor says.

The premium waivers or refunds are in addition to any savings resulting from the upcoming changes to michigan s auto insurance law which has shown reductions to statewide average premiums for. Michigan governor and state agency announce order requiring auto insurance refunds due to covid 19 june 10 deadline for insurers to submit filings that include refund or premium waiver amount. Michigan department of insurance and financial services director anita fox has ordered all auto insurers in michigan to issue refunds or premium waivers to consumers as a result of insurance.

Gretchen whitmer and the michigan department of insurance and financial services difs on monday announced that difs director anita fox has ordered all auto insurers in michigan to issue refunds or premium waivers to consumers as a result of insurance companies reduced risk due to extreme reductions in driving during the covid 19 pandemic. Car insurance refund still allows insurers to keep billions in premium dollars. Vehicle travel has dropped off drastically in recent weeks.

Many michigan auto insurance companies are still deciding whether to give refunds or price adjustments to customers because of the coronavirus pandemic which is causing a big drop in miles driven. Th day of may 2020. Order requiring automobile insurance refund filings.