Why Most Michigan Drivers Will Get A $400 Check

Michigan residents can expect a $400 check per car they own by next spring. Michiganders pay the highest car insurance premiums in the country since unlimited personal injury coverage has been a requirement for decades. However, insurance companies will soon be cutting a check to anyone that carried a policy as of Halloween.

The state put out a press release saying:

“The refund plan submitted to [Department of Insurance and Financial Services] Monday by the [Michigan Catastrophic Claims Association] will return money to every Michigander with an auto insurance policy in force as of 11:59 p.m. on October 31, 2021. Eligible consumers do not need to take action in order to receive a refund. The surplus funds will be turned over by the MCCA to the insurance companies operating in Michigan by March 9, 2022, and the insurers will be responsible for issuing checks to eligible policyholders. DIFS will direct insurers to issue refund checks to consumers as expeditiously as possible, but in no event later than 60 days after the transfer of funds.”

There is no action is required to receive the checks aside from holding an active policy. The exception to the rule is drivers of vehicles with historical plates, who will only receive $80. Residents can expect the checks to start arriving around March 2022.