Insurance: automobile; rate reductions; require. Amends 1956 PA 218 (MCL 500.100 - 500.8302) by adding sec. 2111g.

Summary

If enacted, this bill would require automobile insurers in Michigan to reduce rates for policyholders who complete approved defensive driving courses or maintain clean driving records for specified periods. It would apply to all insurers writing private passenger auto policies in the state, affecting primarily insurance companies and consumers who may benefit from lower premiums.