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No Fault Reform: Mid-Term Change

No Fault Reform: Mid-Term Change

michigan-new-insurance-law, michigan-no-fault-reform

No Fault Reform: Mid-Term Change Updated 7/8/2020 3:17PM

No Fault Reform July 2, 2020:

The new insurance law took affect today! Your insurance carrier must offer one of the following:

  1. Offer a mid-term endorsement to meet the new changes to MI no fault or
  2. Offer you the option to cancel and reissue a policy

Keep in mind that due to some of the changes in the law, as well as changes in rating factors a mid-term cancellation could possibly decrease your premium, but it might increase your premium depending on your circumstances.

Talk to your agent or call Michigan Insurance Group for Your New Quote!

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