title:
Auto insurance reform in Michigan : what can the data tell us?
creator:
Heaton, Paul.
contributor:
Institute for Civil Justice (U.S.)
publisher:
RAND
date:
Record modified: 2011-09-08
date:
Record created: 2010-09-27
date:
2010
description:
Extent: 1 online resource (7 p.) : col. ill.
description:
Description based on print version record.; Caption title.; "RAND Institute for Civil Justice."; Includes bibliographical references (p. 57-60).; ICJ.
description:
Abstract: Legislators and consumer groups in Michigan have recently proposed a number of reforms designed to reduce the costs of auto insurance in the state. In this paper, the author examines how auto-crash claiming patterns in Michigan differ from those in other states and considers how these differences might affect consumer costs. It shows that the fact that premiums are higher in Michigan than in other states can be explained by higher levels of reimbursement provided to injury victims and their medical providers. This pattern suggests that reforms that change claiming behavior may have considerable potential for lowering auto premiums in Michigan.
subject:
Automobile insurance--Rates--Michigan
subject:
Automobile insurance--Michigan
subject:
Automobile insurance--Law and legislation--Michigan
subject:
Automobile insurance claims--Michigan
relation:
OCLC No.: 620436123
relation:
Is part of: Occasional paper ; 293; Occasional paper (Rand Corporation) ; OP-293.
type:
application/pdf
type:
Text
type:
PDF-1.4
source:
http://www.rand.org/pubs/occasional_papers/2010/RAND_OP293.pdf
language:
eng
rights:
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identifier:
RAND_OP293