30 Apr 2014 adminPS
If elected I will propose or support:
Pass laws similar to Ohio
The cost of car insurance in Michigan is very high, and it is astronomical in Detroit. The USA Today recently listed the most and least expensive states for car insurance. Michigan was in the top five most expensive while neighboring Ohio was in the top for least expensive. Ohio’s average cost was $996 versus Michigan’s $2,500.
Car insurance is a highly competitive field. There are hundreds of independent agents who have dozens of companies to choose from. This means car insurance simply reflects the cost experience of the car insurers.
Michigan ranks 39th in per capita income and simply cannot afford to have such high insurance rates draining resident’s purchasing power. It hurts all Michigan businesses.
Tags: Car Insurance