AUTO POLICY FILING FEE - H.B. 4784: FLOOR ANALYSIS


House Bill 4784 (as reported without amendment)

Sponsor: Representative Alan Sanborn

House Committee: Insurance and Financial Services

Senate Committee: Financial Services


CONTENT


The bill would amend the Insurance Code by eliminating a filing fee necessary to contest an automobile policy cancellation. Under current law, an insured must supply the Office of Financial and Insurance Services with a written request and a $15 fee to contest the grounds of a cancellation. The bill would eliminate the fee and require the request to be filed with the Commissioner of the OFIS. The Code states that the request must be filed within seven days after notice of the cancellation is mailed; the bill would retain that requirement.


MCL 500.3230 - Legislative Analyst: C. Layman


FISCAL IMPACT


The bill would have no fiscal impact on State or local government.


Date Completed: 10-5-01 - Fiscal Analyst: M. Tyszkiewicz



floor\hb4784 - Analysis available @ http://www.michiganlegislature.org

This analysis was prepared by nonpartisan Senate staff for use by the Senate in its deliberations and does not constitute an official statement of legislative intent.