MI SB1353

Amends the Insurance Code of 1956 to establish specific criteria for automobile and home insurance rate classifications and territorial base rates in Michigan.

For automobile insurance, insurers must base classifications on uniform factors applied statewide, including driver age/experience, driver primacy, mileage, vehicle characteristics, accident prevention course completion, and driving record (at-fault accidents and traffic violations).

Prohibits automobile insurance rates from being based on sex or marital status, and prohibits territorial grouping of automobile risks while allowing it for home insurance.

For home insurance, establishes permissible rating factors including coverage amounts, safety devices, fire protection class, construction type, prior loss experience, smoking materials use, distance from fire hydrant, and law enforcement availability.

Requires secondary/merit rating plans for non-comprehensive automobile coverage based on driving records, establishes mandatory premium discounts for senior citizens 65+ driving fewer than 3,000 miles annually, and repeals section 2110a; takes effect January 1, 2011.