Thursday, October 3, 2019

The Price of Auto Insurance A Barrier to Economic Mobility

It�s a well-known fact Michiganders pay some of the highest auto insurance premiums in the entire country. But there are still a lot of related questions voters and policymakers want answers to, such as: How does Michigan insurance compare to that of other states? Why is insurance most expensive in Detroit? What fiscal impact does this have on the average household and also on the low-income household? Answers to these questions and more were recently addressed in a report published by Poverty Solutions, a research initiative at the University of Michigan, and these findings are discussed at this event.





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