FlintTalk.com Forum Index > Political Talk Topic: Cheaper car insurance rates for Flint?

Author    Post   Adam Guest http://www.freep.com/apps/pbcs.dll/article?AID=/20060911/NEWS06/609110387 Auto-Owners Insurance Co., one of Michigan's largest insurers, has agreed to participate in a state-initiated program to cut insurance rates for low-risk drivers and homeowners who live in urban areas. The insurance rate-cut program was announced earlier this summer; about 5,000 people have filled out surveys to see whether they're eligible for the discounts, said Leslee Fritz, a spokeswoman for Granholm. Insurance in Detroit often costs twice as much as a comparable policy in a nearby suburb. High insurance and high taxes are key reasons people cite for leaving the city. Insurance companies have been able to charge territorial rates in Michigan since 1979. Under territorial rates, Michigan and most other states use people's hometowns, driving records and homeowners' records to determine rates. That leads to higher insurance costs in communities that have more crime and more traffic accidents. Tue Sep 12, 2006 1:41 pm    Display posts from previous:   All Posts1 Day7 Days2 Weeks1 Month3 Months6 Months1 Year Oldest FirstNewest First

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