May 9 is deadline for auto insurance companies to issue $400 payments to Michigan drivers – CBS Detroit
(CBS DETROIT) — Monday marked the last day for auto insurance companies to issue $400 refunds to eligible Michigan drivers.
State officials say nearly 75% of those drivers already received their reimbursements last week, with $2.2 billion of the $3 billion handed out last Tuesday.
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Refunds go to drivers who have a vehicle, motorcycle or motorhome insured by a policy that meets the minimum insurance requirements as of 11:59 p.m. on October 31, 2021. They must be given in the form of checks or ACH deposits .
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Eligible drivers should receive $400 for each vehicle, in addition to $80 for each historic vehicle.
“If you are eligible for a refund but have not yet received it, you should contact the auto insurer that covered your vehicle on October 31, 2021 to ensure your refund has been issued,” said Anita Fox. , director of Michigan Department of Insurance and Financial Services.
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“If you cannot reach a resolution with the insurance company, or if you have been offered reimbursement in a form other than a paper check or direct deposit, call DIFS at 833-ASK-DIFS Monday through Friday , 8 a.m. to 5 p.m. for assistance. , or visit michigan.gov/MCCArefund for more information.”
The refunds come after being unanimously approved by the Michigan Catastrophic Claims Association (MCCA) late last year. The association approved the repayment of $3 billion in excess funds. Additional funding of $2 billion will ensure continuity of care for survivors of catastrophic accidents.
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