Michigan car insurance rates rise again

7:04 am
Fri March 29, 2013

Michigan car insurance rates rise again

Lead in text: 
The increase is a lot smaller than the 30 percent hike vehicle owners faced in 2012.
Lansing - Michigan motorists will see a modest increase in their auto insurance premiums starting in July to pay for rising costs associated with the state's catastrophic accident fund. The Michigan Catastrophic Claims Association's board Wednesday hiked its annual assessment $11 to $186 for each insured vehicle in the state to cover major medical claims and chip away at an estimated $2 billion deficit in the fund.