What is the Michigan Automobile Insurance Placement Facility and how can it help me?
The Michigan Automobile Insurance Placement Facility (Facility) is a non-profit non-governmental association formed by the Legislature in 1969 to provide auto insurance to Michigan consumers who cannot obtain coverage from private insurers. It will accept most people who pay the premium that it charges; however Chapter 33 of the Michigan Code allows it to refuse certain applicants based on their risk background. A person who is eligible for coverage with private insurers can also obtain coverage with the Facility. Its personal auto rates are an average of the top five personal auto writers in Michigan with various surcharges added up to 25% of the territorial premium, except in Detroit. Its commercial auto rates are not based on a statutory formula, so the Facility uses a firm that provides actuarial services to help determine the appropriate rates for this coverage. Because it insures a higher percentage of people who would be ineligible or more risky for private insurers, its rates f
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