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Michigan Farm Bureau Family of Companies
 

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Special Announcement: The Farm Bureau Family of Companies is dedicated to providing for and protecting Michiganders. To this end, we are encouraging all policyholders and members to review their coverage limits on their insurance policy(ies). With recent increases in the cost of goods, services, and construction, we want to do our part to ensure Michigan residents are properly protected. Please contact your local agent if you believe that your coverage limits may need to be increased.

MCCA refunds set to begin in March

Refunds will vary by policy type and vehicle. For Personal Auto policies, the MCCA announced that the refund will be $400 per eligible car or motorcycle. Historic vehicle refund amounts will be $80 per vehicle. | Photo by Pexels
Date Posted: March 10, 2022

Michigan drivers who were insured under the state’s former no-fault insurance law will soon be receiving refunds from the Mi chigan Catastrophic Claims Association surplus.

The MCCA surplus and refunds come after bipartisan no-fault auto insurance reform legislation was approved by state lawmakers in 2019.

$3 billion of MCCA’s projected $5 billion surplus is set to be refunded to Michigan drivers, with the remaining $2 billion held in reserves to ensure continuity of care for auto accident survivors.

Vehicles that had road coverage effective as of Oct. 31, 2021, are eligible for refunds, which will be distributed from the insurance company that provided coverage on that date.

Refunds will vary by policy type and vehicle. For Personal Auto policies, the MCCA announced that the refund will be $400 per eligible car or motorcycle. Historic vehicle refund amounts will be $80 per vehicle.

Commercial fleet vehicle refund amounts will depend on how the vehicle was identified on the policy.

Farm Bureau Insurance will begin mailing refund checks to all eligible policyholders on March 10, 2022, through May 9, 2022. If you’re eligible to receive a refund a check, you will not need to do anything. A check will be mailed to the policy address on file.

The Michigan Department of Insurance and Financial Services has a consumer FAQ page at Michigan.gov/MCCArefund with more information about the refunds, including refund timeline, eligibility requirements, and what to do if you have concerns.

If you are a Farm Bureau Insurance policyholder and have any questions, please contact your Farm Bureau Agent or Farm Bureau Insurance Customer Service at (800) 535-2335.

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