It's about time, right?!

High car insurance rates are a given in a no-fault state. Michigan and 11 other states - New Jersey, New York, Pennsylvania, Florida, Hawaii, Kansas, Kentucky, Massachusetts, Minnesota, North Dakota and Utah - all have similar laws.

However, Michigan is the ONLY state of the aforementioned that covers lifetime medical benefits for those involved in accidents, hence our astronomical insurance premiums.

Basically, no-fault insurance is in place to try to keep cases out of small claims court. Insurance companies compensate their policy holders, regardless of who is at fault.

Rep. Jason Sheppard, R-Temperance is planning on introducing the bill when the House comes back on November 9th after a fall break. Michigan residents would be able to choose how much medical coverage they want to purchase in four different tiers.

Using this method could drop rates as much as 30%. Not gonna lie - I'll believe it when I see it.