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Auto insurance overhaul plan unveiled

State Capitol - file photo
Melissa Benmark
/
WKAR

A new auto insurance reform plan could mean lower rates for Michigan drivers. The Gongwer News Service says Governor Rick Snyder and other officials gave details of the plan during a news conference Thursday.

Snyder says it would cut $125 from premiums for each vehicle in the first year. Rates after that would be set by the market.

The governor also says the plan would limit fees charged by doctors and hospitals that treat people severely injured in traffic accidents. That part of the proposal is expected to draw serious opposition when it goes to the legislature next week.