Introduced
by
To allow auto insurance companies to offer limited, low-cost policies in which the personal injury protection (PIP) coverage is less than the mandatory unlimited coverage now provided by the Michigan Catastrophic Claims Association (and the price would be lower as well). This mandatory PIP coverage is billed as extra assessments on auto insurance bills. The bill would allow a customer to choose policies with a coverage cap of just $50,000.
Referred to the Committee on Insurance