Drivers Will Pay More To Accident Victims’ Fund
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DETROIT (WWJ) – Michigan motorists will pay $1.91 more this year to a fund helping support seriously injured accident victims.
The Michigan Catastrophic Claims Association raised the annual assessment to $145 per insured vehicle, the highest amount it has ever assessed.
The assessment is passed on from insurance companies to drivers’ annual insurance bills. The fee takes effect July 1.
No-fault automobile insurance is mandatory in Michigan. Although you don’t have a choice about buying auto insurance, you do have some choices about how much you pay and who you choose as your insurance company.