MI HB5630

Requires automobile insurers to post rate filing information in plain language on the Michigan Office of Financial and Insurance Regulation website at the time of rate filings.

Mandates insurers provide written notice to policyholders at least 60 days before implementing rate increases, stating the increase amount and the insured's right to request public hearings and submit written comments to the commissioner.

Allows persons or organizations to request the commissioner conduct public hearings regarding rate filings, with the commissioner considering relevant input when examining rate filings.

Requires insurers to send annual written notices with renewal documents detailing specific rating classifications, premium variation explanations, procedures for obtaining additional information, appeal rights, underwriting rules, and suggestions to contact agents about alternative coverage options.

Enactment is conditioned on passage of House Bills 5627, 5628, and 5629 from the 95th Legislature.