Finance

Letter: Vehicle insurance coverage rates harm chauffeurs statewide

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Shuttle bus service operator states Michigan’s automobile no-fault law putting organisation on brink of closure

Sent!A link has actually been sent out to your pal’s email address.Posted!A link has actually been posted to your Facebook feed.< img itemprop=url src=https://www.gannett-cdn.com/-mm-/15fc3c1f5114b9180e950d24b7a6d8effd3d8267/c=88-0-3320-2424&r=x404&c=534x401/local/-/media/2017/08/23/DetroitNews/B99568063Z.1_20170823212251_000_G9C1K73FA.4-0.jpg alt="Vehicles Safety Innovation"data-mycapture-src=https://www.gannett-cdn.com/media/2017/08/23/DetroitNews/B99568063Z.1_20170823212251_000_G9C1K73FA.4-0.jpg data-mycapture-sm-src=https://www.gannett-cdn.com/-mm-/3fee3fe89e3ac48dc022f2983faae1b26822a734/r=500x355/local/-/media/2017/08/23/DetroitNews/B99568063Z.1_20170823212251_000_G9C1K73FA.4-0.jpg > Skyrocketing automobile insurance premiums are not simply hurting chauffeurs in Detroit.(Image: Susan Walsh/ AP)Skyrocketing automobile insurance premiums are not

just injuring drivers in Detroit. Our state’s highest-in-the country auto insurance coverage premiums are negatively impacting chauffeurs throughout the state, consisting of right here in northern Michigan.I’m

a small company owner, and my airport shuttle organisation between Pellston Regional Airport in Emmet County and the Mackinaw City ferry docks depends on affordable auto insurance coverage rates. In simply one year, the cost of car insurance coverage for my small company has actually nearly tripled, from $32,000 last year to quotes as high as$90,000 this year. Now, Michigan’s automobile no-fault law is requiring my business to the brink of closure.My organisation operates primarily throughout peak tourism season– five or six months of the year. A premium of $90,000 implies that I am working just to foot the insurance coverage costs. Lawmakers say they wish to support small organisations and cut taxes, however the state’s climbing up vehicle insurance coverage premiums are the greatest taxes of all.Change and

relief for each Michigan driver is long overdue. It’s time for lawmakers to act upon their promise to fix Michigan’s damaged system and make the typical sense reforms that will reduce expenses throughout the board. Customers on both sides of the bridge are worthy of relief.Read or Share this story: http://detne.ws/2vhbAv4 LEADING VIDEOS Small companies

Source

http://www.detroitnews.com/story/opinion/2017/08/23/auto-insurance-rates-fault-michigan/104900664/

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