WebNov 4, 2024 · Whitmer called for insurance refunds of up to $675 per vehicle to be quickly issued to drivers. MCCA Executive Director Kevin Clinton had previously said they'd … WebNov 3, 2024 · The Michigan Catastrophic Claims Association voted to support Gov. Gretchen Whitmer’s call for auto insurance refunds for insured drivers. Gov. Whitmer released a letter sent to MCCA earlier ...
MCCA votes to support Whitmer request for Michigan …
Web1 day ago · The insurance companies pay a premium (assessment) to the MCCA. Companies writing personal auto or motorcycle insurance pay a per vehicle amount to the MCCA and that cost (assessment) is generally passed on to policyholders. Why does the amount charged on an insurance bill differ from the actual MCCA premium (assessment)? WebMar 10, 2024 · The MCCA surplus and refunds come after bipartisan no-fault auto insurance reform legislation was approved by state lawmakers in 2024. $3 billion of MCCA’s projected $5 billion surplus is set to be refunded to Michigan drivers, with the remaining $2 billion held in reserves to ensure continuity of care for auto accident survivors. praising ideas of lids comments
Michigan drivers will get insurance refund following unanimous vote …
WebThe MCCA has announced that the refund will be $400 per eligible car or motorcycle. For example, if you had auto insurance policies for two cars as of 11:59 p.m. on October 31, 2024, you will receive a refund of $800. The refund is $80 per historical vehicle. WebMar 9, 2024 · The $400 refund checks issued to drivers are intended for those who had their vehicles insured by Oct. 31, 2024. The refund is part of bipartisan auto reform legislation … WebNov 1, 2024 · "The over $5 billion surplus accumulated by the MCCA belongs to Michiganders and should be put in people’s pockets immediately with a refund check," … schwinn exercise bike serial number lookup