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.
PE-Backed Insurance Broker Hub International Files Confidentially for US IPO 
Tech and Finance Sectors Losing 28,000 Jobs Monthly Show AI Impact on Labor 
Bayer’s Supreme Court Win in Roundup Case No ‘Silver Bullet’ 
Viewpoint: Boom in Hyperscale Data Centers Puts Re/Insurers to the Test From This Issue
