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Most
states require that you have
auto insurance on your car,
truck, or van. Most banks
require auto insurance before
you receive an auto loan.
Depending on the price paid
for a used car, you should ask
about full coverage insurance
prices. Laws differ from
state to state. The sites listed
below will help you with the
laws in your state and give
you free quotes.
Wendy Block is the
Director of Health Policy and Human
Resources for the Michigan Chamber of
Commerce, and she and Peter Kuhnmuench,
the Executive Director of the Insurance
Institute of Michigan, are urging Senators
to reject House Bill 4301 that is being
spearheaded by Rep. Condino.
The bill would make it easier for personal
injury attorneys to bring suit in cases of
non-economic damage due to the change in
the no-fault auto insurance system. They
say that the employers and employees of
Michigan cannot afford the increases in
auto insurance premiums that would be
needed if it became a law. Block says that
auto insurance policies would increase up
to 43% because of it. She says that the
no-fault law has already made allowances
for pain and suffering, as well as
non-economic damages, which are more than
enough.
She says legislators must support
policyholders and keep insurance rates
where they are instead of allowing
personal injury lawyers to benefit. She is
urging the Senate to veto the bill.
Kuhnmuench agrees with her adding that it
would destroy the concept of no-fault and
change the limits so that they no longer
exist.
He says that the House should not have
passed the bill and they hope that the
Senate will reject it – otherwise they
will be rejecting their policyholders
instead.