Tuesday, March 26, 2019

UM study: Auto insurance unaffordable in 97% of Michigan ZIP codes

See the source imageUM study: Auto insurance unaffordable in 97% of Michigan ZIP codes:
"...Data cited in the UM study shows that the average no-fault auto insurance premium in Detroit is $5,414 annually, with a statewide average of $2,610.
The U.S. Treasury Department's 2 percent affordability threshold was developed from a national study that concluded 2 percent of median household income is the average cost of car insurance, Rivera said..."
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