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Hollowell Touts New Web Site
LANSING — Michigan’s Automobile and Home Insurance Consumer Advocate Melvin Butch Hollowell today announced the launch of the office’s Web Site, www.michigan.gov/lowerratesnow designed to provide consumers with information on automobile and home insurance rates.
Hollowell said the office’s major objectives including a plan to revisit how insurance affordability is defined in Michigan, and a No Fine Print Initiative, which seeks to reform the way insurance policies are written so consumers can understand what is covered and what is excluded.
An “e-Feedback” section on the Web Site allows citizens to comment on issues such as credit scoring, and an “ABCs of No Fault” section explains the basics of No Fault insurance in understandable terms.
In announcing his initiative, Hollowell said a recent national safety study by the Allstate Insurance Co. ranked Michigan’s drivers as some of the safest in the United States.
“The Allstate report stands in stark contrast to Michigan’s high auto insurance rates,” Hollowell said. “Michigan drivers are doing a good job, yet our rates are sky high. As advocate, I am taking the consumer’s side in examining the nature of the system we have in Michigan to determine why rates are unaffordable.”