Deal Reached To Lower Michigan Auto Insurance

click to expand

LANSING (AP) — Michigan's Democratic governor and Republican leaders say they've reached a bipartisan agreement on legislation to cut the state's high car insurance premiums.

Gov. Gretchen Whitmer on Friday morning said in a statement that the "agreement in concept" will "will lower costs and protect coverage for Michigan drivers." Details weren't immediately released, but she says the deal will cut rates for drivers and offer choices among coverage levels.

Speaker of the House Lee Chatfield and Senate Majority Leader Mike Shirkey said in a statement that lawmakers' vote "will finally fix our broken car insurance system."

The Legislature is convening for a rare Friday session, when a bill is scheduled for a vote. The measure previously drew a veto threat from Whitmer. Michigan is the only state to require that drivers buy unlimited personal injury protection benefits with their auto insurance policy.