Michigan Struggling With No-Fault Reform Legislation, Fraud

Michigan has some of the highest auto insurance rates in the country and auto insurance rate hikes there were higher than those in any other state over the past two years, according to the insurance consulting firm, Perr&Knight. Some see Michigan’s generous no-fault system as the main driver of its costly auto insurance rates and would like to see legislative changes aimed at cost control. Insurance Information Institute said the state ranked seventh for the highest auto rates in 2012, with the average expenditure at around $1,050, and Perr&Knight’s RateWatch showed rates rising in Michigan by 8.6 percent in 2013 and by 5.2 percent in 2014.