FOR IMMEDIATE RELEASE
May 3, 2022
Contact: [email protected]
Consumer Hotline: 833-ASK-DIFS
Governor Whitmer announces $2.2 billion in auto insurance refunds have been provided to Michiganders
Auto insurers have one week to make remaining refunds to eligible Michiganders
LANSING, Michigan — With one week left until the deadline, Governor Gretchen Whitmer announced today that $400 automatic refund checks have been sent to nearly three-quarters of eligible Michiganders from the Michigan Catastrophic Claims Association (MCCA) catastrophic excess fund. Data collected by the Michigan Department of Insurance and Financial Services (DIFS) shows that Michigan’s auto insurance companies have paid out a total of about $2.2 billion, with more than $1.2 billion shipped in the past two weeks. Auto insurers have until May 9 to issue any remaining checks or down payments to eligible drivers.
“The bipartisan auto insurance reform I signed has put nearly $2.2 billion back in people’s pockets and another $800 million is yet to come,” he said. Governor Gretchen Whitmer. “Auto insurers have one week left to pay any remaining compensation to eligible drivers, so if you haven’t received your money yet, be sure to keep an eye on your mailbox or bank account. These repayments will help families pay the bills and put food on the table as we continue to grow our economy, create more high-paying jobs and lower costs.”
“Insurers still have a week to go until the May 9 deadline and we are closely monitoring the process,” the spokesperson said. DIFS Director Anita Fox. “If you are eligible for a refund and do not receive it by May 9, please contact your insurance company to ensure it has been issued. If you can’t come to a resolution with your insurance company, or if your insurer offers your refund through something other than a paper check or ACH deposit, call DIFS at 833-ASK-DIFS Monday through Friday, 8 a.m. to 5 p.m. hours for assistance, or go to michigan.gov/MCCArefund For more information.”
As a result of the cost containment, consumer protection and other savings introduced by the state’s new bipartisan auto insurance law, the MCCA catastrophic fund was in surplus of $5 billion as of June 2021. In November 2021, Governor Whitmer appealed to the MCCA to return the maximum amount of excess funds to Michigan drivers while ensuring the fund’s viability. After completing a data verification process, the MCCA transferred $3 billion to the Michigan insurers responsible for providing reimbursements to eligible drivers, while retaining $2 billion of the excess to ensure continuity of care for survivors. of accidents. this transfer, started on March 9activated the Term of 60 days mandated by DIFS for insurers to issue refunds to eligible Michiganders.
To be eligible for a refund, Michiganders must have owned a car, motorcycle, or RV that was insured to drive legally on Michigan roads as of October 31, 2021 at 11:59 p.m. Refunds are $400 per vehicle or $80 per historic vehicle and must be mailed no later than May 9, 2022 in the form of a paper check or an ACH deposit. Eligible drivers don’t need to do anything to receive their refund, but they may want to verify their address or bank details with their insurance company to avoid delays.
Eligible drivers who do not receive their refund within the specified timeframe should contact their auto insurer or agent. For questions or concerns that cannot be resolved directly by an auto insurer, you can contact DIFS by calling 833-ASK-DIFS (833-275-3437) Monday through Friday, 8 a.m. to 5 p.m. email [email protected]. More information can be found at michigan.gov/MCCArefund.