The annual auto insurance fee Michigan drivers pay toward caring for people catastrophically injured in crashes is rising to $170, a $10 increase.
The Michigan Catastrophic Claims Association announced the new per-car assessment for the 12 months starts July 1.
The Livonia-based group collects funds to reimburse insurers for personal injury protection claims exceeding $555,000 per claim. It paid $1.1 billion in 2016, mostly for brain and spinal cord injuries, multiple fractures, and back and neck injuries.
Michigan is the only state requiring drivers to buy unlimited medical benefits.
Topics Catastrophe Auto Michigan
Was this article valuable?
Here are more articles you may enjoy.
US E&S Outlook No Longer Positive: AM Best
How ‘Super Roofs’ Reward Insurers, Cat Bond Investors and Homeowners
Foundation Firmed: AM Best Switches View of US Homeowners Insurers to Stable
Baldwin Group to Buy CAC Group for About $1B in Cash and Stock 


