Car insurance rates in Michigan are the most expensive in the country because drivers here are required to buy unlimited personal injury protection, a Mackinac Center scholar explained in the Detroit Free Press Sunday.

Dr. Gary Wolfram, an economics professor at Hillsdale College and an adjunct scholar with the Center, urged the Legislature to consider the data, saying that there are “economic distortions in the insurance market that result in the loss of efficiencies.”

~~~~~

Related Articles:

Incentives and the Electricity Industry in Michigan

Parole, Sentencing Bills Can be Better

Senate Votes for Civil Asset Forfeiture Reform

Art Sales and Angry Journalism

Letter to the Detroit Free Press on Film Subsidies

Electric Vehicle Battery Subsidy Failures Evident Early On

Share More …