Auto insurance refunds coming after state order
Most people have been driving a lot less since the beginning of the coronavirus shutdown in Michigan. That’s prompted state officials to demand a refund for insurance customers.
Michigan Department of Insurance and Financial Services ordered companies that offer auto insurance to give refunds or premium waivers to customers throughout the state.
“Michiganders have been staying safe and staying home and they should see the benefit in reduced auto insurance rates during the COVID-19 pandemic,” said Governor Gretchen Whitmer in a statement on Monday.
Insurance companies have until June 10 to file plans with the state describing how much they will refund, how they figured out the amount, and how they will get the money to customers.
You can read more on MLive.
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