MICHIGAN NO-FAULT REFORM – EFFECTIVE 7/1/2020

Michigan No-Fault Reform is going into effect 7/1/2020. This is a major change in the Michigan auto insurance no-fault system and will offer drivers a significant opportunity to save money on their car insurance but will also affect coverage. This presentation will cover a short history of no-fault insurance in Michigan, the new options available to policyholders, the savings opportunities and resulting coverage changes. Michigan auto premiums are the highest in the nation and this reform offers us the opportunity to lower them – but with reduced coverage. Find out what you need to know when your policy comes up for renewal this year.

Peter Wilson is a co-owner and EVP of Alpena Agency. He has been at Alpena Agency for over 25 years and has an MBA from the University of Detroit.