LANSING — Following weeks of bipartisan negotiations, the House passed a sweeping overhaul of Michigan’s auto insurance system today. The final bill includes several provisions put forward by House Democrats including the elimination of non-driving rate-setting factors, guaranteed rate reductions and increased consumer protections. In response, state Rep. Jon Hoadley (D-Kalamazoo) issued the following statement:
“We fought for a better deal than what the insurance companies offered; and today, we have created meaningful change not only on what insurance companies can charge on your bill, but also to the discriminatory practices insurers were using to raise rates based on ZIP codes and credit scores. This bill will allow for more people to buy into the insurance pool while also protecting the health care we have come to rely on if a loved one is injured.”
###