HB 4959 Summary

• Prohibits insurers from canceling motor vehicle policies, refusing renewal, or increasing premiums solely because an insured has reached age 65, provided the insured maintains a valid Michigan driver's license.

• Exempts individuals age 65 and older from the requirement to maintain personal protection insurance (PPI) security, though they must still maintain property protection and residual liability insurance.

• Requires insurers offering PPI coverage to provide optional reduced-premium policies to individuals age 65 and older, with benefits payable only to the owner or registrant.

• Clarifies that PPI deductibles cannot apply to optional coverage offered to seniors under Section 3101(5).

• Adds a new disqualification for PPI benefits: individuals age 65 and older are ineligible if they were owners or registrants of the vehicle involved in the accident and lacked required PPI security at the time of the accident.