Wondering if there is going to be an auto insurance refund in 2022? The answer is yes! We’ve been receiving a lot of questions about it. Not everyone will be receiving the same amount. It is all dependent upon a person’s situation.
We gathered as much information as possible for you. listen as our owner, Patrick Brennen, explains what you need to know and what you can expect.
Michigan Auto insurance Refund 2022 – Entrust Insurance Agency – St Clair Shores, MI
Video Transcription
“Michigan drivers are going to start seeing their Michigan auto insurance refund. A couple of very simple qualifications in order to be eligible for it. So, one is that you had to have a vehicle insured as of October 31 of 2021, this past year, and that you carry some level of legal road coverage. So vehicles that were in storage or had comprehensive only, did not qualify for this. But any other vehicle that had full coverage or just basic no fault coverage on it would qualify to receive a $400 refund. There’s one caveat to that is if the vehicle was considered a classic or antique vehicle. For those cars, you receive an $80 refund because you pay less into the Michigan Catastrophic Claims Association fund for that. So those checks are beginning to be sent out right now the state of Michigan said that it would be quarter two, so put us April now through the end of June but people have started to receive those and they’re going to be issuing checks. Or if you pay via your bank account or EFT. You may see that as a refund in your bank account.”
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