 
Dougw
Member
Username: Dougw
Post Number: 1203
Registered: 11-2003
Posted From: 136.2.1.101
| | Posted on Wednesday, June 28, 2006 - 2:54 pm: |    |
http://www.freep.com/apps/pbcs .dll/article?AID=2006606280360
excerpt:
quote:Detroit, Flint insurance could cost less
Firms interested in state's group plan
June 28, 2006
BY KATHLEEN GRAY
FREE PRESS STAFF WRITER
In what may be the best chance in years to lower sky-high insurance rates in Detroit and Flint, four insurance companies have told state officials they want details on bidding to represent a pool of up to 200,000 good drivers and responsible homeowners in the two cities.
The companies, among more than 65 the state contacted, showed interest in a plan state officials initiated with help from churches and community groups to end territorial rates insurance companies have charged in Michigan since 1979.
Insurance in Detroit often costs twice as much as a comparable policy in a nearby suburb and -- along with high taxes -- is a key reason people cite for leaving the city.
...
|
Detroitplanner
Member
Username: Detroitplanner
Post Number: 175
Registered: 04-2006
Posted From: 205.188.116.137
| | Posted on Wednesday, June 28, 2006 - 9:18 pm: | |
wooo woooo!!!! Its actually happening???
My insurance might go down!! |
Johnnny5
Member
Username: Johnnny5
Post Number: 288
Registered: 06-2005
Posted From: 71.227.95.4
| | Posted on Wednesday, June 28, 2006 - 11:47 pm: | |
While this may help those with good driving records and credit histories it may also hurt the vast majority of Detroiters. I'm not exactly sure how the grouping would work, but could'nt it possibly leave the remainder of the population in a higher risk group? |
Thecarl
Member
Username: Thecarl
Post Number: 828
Registered: 04-2005
Posted From: 69.14.30.175
| | Posted on Wednesday, June 28, 2006 - 11:51 pm: | |
just go to geico, and type in the promotional code, "HI_ACCIDENT_THEFT_FRAUD_AREA, " to get your discount. |