Auto Insurance Rates Collide with Facts
Auto Insurance Rates Collide with the Facts
Michigan motorists are the safest drivers in the nation, car crashes here are down 54 percent and auto thefts have dropped 46 percent since 1986. Yet, auto insurance companies are soaking Michiganders with the highest auto insurance rates in the U.S.
These are insurance policies that the state’s no-fault insurance law requires drivers to buy.
It’s a dream deal for insurers, whose profits have soared this decade, and a nightmare for drivers who, in the worst economy in the nation, increasingly can’t afford to pay these exorbitant, and rising, rates.
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