SB328 — Insurance: automobile; rate reductions; require. Amends 1956 PA 218 (MCL 500.100 - 500.8302) by adding sec. 2111g.

SB328 — Insurance: automobile; rate reductions; require. Amends 1956 PA 218 (MCL 500.100 - 500.8302) by adding sec. 2111g. · Informed CitizenryThis bill amends the insurance code of 1956 to require insurance companies to reduce the total premium for new automobile insurance policies or the first renewal of an existing policy by 10%. The b…Open in Informed Citizenry