Michigan: Here’s When You’ll Get Those $400 Refund Checks
Insured Michigan drivers will snag a $400 refund check, per vehicle, in 2022. When the news of refund checks came out earlier this year, many expected drivers to get $100 per vehicle, so this news is somewhat of a surprise- a good one.
The move comes following Governor Whitmer asking for the recent surplus reported by the Michigan Catastrophic Claims Association to go back to residents.
Earlier this year, Whitmer asked for a $5 billion surplus reported by the MCCA to be sent back to insured drivers as soon as possible, and the MCCA agreed.
So, when will we get the money? Drivers should expect to see the checks in the second quarter of 2022, according to a release.
“These refunds and the recently announced statewide average rate reductions are lowering costs for every Michigan driver,” Whitmer said in a statement. “Michiganders have paid into the catastrophic care fund for decades, and I am pleased that the MCCA developed this plan so quickly after unanimously approving my request to return surplus funds to the pockets of Michiganders. We are working together to put Michigan drivers first, and I am directing DIFS to ensure that the MCCA and Michigan’s auto insurance companies accurately, fairly, and promptly issue these refunds.”
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