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Michigan auto insurance premiums down 18.8% five years after no-fault reform

Michigan auto insurance premiums down 18.8% five years after no-fault reform


House Bill 5030, introduced in September, would require personal protection insurance deductibles to be offered in $1,000 increments, with the maximum deductible linked to the average amount paid in PPI benefits for motor vehicle accidents in the prior year, potentially reshaping deductible structures and premium calculations if it becomes law.



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