Michigan Insurance Refunds Begin Soon, Drivers Could Anticipate $400 Checks

Michigan vehicle owners will soon receive a $400 check for all of the vehicles that they insured through the state with payments coming to drivers this week, FOX 2 Detroit reported. With these financial boosts, there are some questions, too, about who is getting what. The $400 refund checks will be sent to drivers are … Continued

Michigan Insurance Refunds Begin Soon, Drivers Could Anticipate $400 Checks
Michigan vehicle owners will soon receive a $400 check for all of the vehicles that they insured through the state with payments coming to drivers this week, FOX 2 Detroit reported.

With these financial boosts, there are some questions, too, about who is getting what.

The $400 refund checks will be sent to drivers are meant specifically for those who insured their vehicles by Oct. 31, 2021, according to the report. The refund is an initiative within a bipartisan auto reform legislation passed in 2019 that grants the Michigan Catastrophic Claims Association (MCCA) to issue money back to vehicle owners. 

In the next 60 days, the $400 refunds owed to drivers will be deposited electronically in bank accounts, according to the report. Gov. Gretchen Whitmer initially announced the rebates in December 2021, and the refunds will be transferred from the MCCA to insurers by this week. 

“The Governor directed DIFS to take an active role in ensuring that refunds would be issued expeditiously to Michiganders who have paid into the fund for decades,” said Anita Fox, who heads the Department of Insurance and Financial Services, in the article. “The DIFS bulletin ensures that consumers are protected and imposes a May 9, 2022 deadline for issuing refunds to all eligible drivers.”

For more information contact DIFS by calling Monday through Friday 8 a.m. to 5 p.m. at 833-ASK-DIFS (833-275-3437) or emailing autoinsurance@michigan.gov or file a complaint at Michigan.gov/DIFScomplaints or email DIFSComplaints@michigan.gov.

Additional information about the auto insurance reform law can be found at Michigan.gov/AutoInsurance.

Read the full story here.

 

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