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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.”
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