Home » $400 refunds to auto insurance coverage prospects already being distributed

$400 refunds to auto insurance coverage prospects already being distributed

Whitmer and Michigan Division of Insurance coverage and Monetary Providers Director Anita Fox confirmed that the Michigan Catastrophic Claims Affiliation has initiated the switch of $3 billion in surplus funds to Michigan auto insurers in a press launch on Friday. Some eligible residents are already beginning to obtain their $400 per-vehicle refunds, they introduced.

“If you’re eligible for a refund, your auto insurer will ship it to you routinely and you don’t want to take motion,” Fox mentioned within the launch. “Incorrect data might trigger delays, so drivers could want to verify that their insurer has their present handle and banking data.”

The best way the cash will come is determined by your insurance coverage firm. Some are doing digital funds and a few are mailing checks, based on the discharge. Present playing cards, premium reductions and credit towards present or future balances usually are not allowed by insurers.


“Now that the refund course of has begun, it’s particularly essential for shoppers to be alert for potential scams.” Fox mentioned. “Nobody ought to name you looking for your private data with the intention to get your refund, and if you happen to get such a name – hold up and name your insurance coverage agent or firm on to confirm the legitimacy of the decision.”

Refund particulars based on the state:

  • Anybody who had a car, motorbike or RV that was insured by a coverage that meets the minimal insurance coverage necessities to function on Michigan roads as of 11:59 p.m. on Oct. 31, 2021, is eligible to obtain a refund for that car. You aren’t eligible in case your car was in storage with complete protection.
  • Eligible Michigan policyholders will obtain $400 per car or $80 per historic car.
  • Refunds have to be delivered within the type of checks or ACH deposits.

In December 2021, the Michigan Catastrophic Claims Affiliation voted unanimously to return roughly $3 billion of surplus funds to Michigan residents whereas sustaining roughly $2 billion in surplus funds to make sure continuity of take care of catastrophic accident survivors. Eligible drivers who don’t obtain their refunds by Might 9 ought to contact their auto insurer or agent.

Extra data:

Extra details about auto insurance coverage refunds is offered at Michigan.gov/MCCArefund. If shoppers have questions or considerations that can’t be resolved straight with their auto insurance coverage firm or agent, they need to contact DIFS by calling Monday by means of Friday 8 a.m. to five p.m. at 833-ASK-DIFS (833-275-3437) or by emailing [email protected]