MI HB4427

Amends the definition of "eligible person" for automobile insurance to exclude individuals with more than 6 insurance eligibility points accumulated in the 3-year period before application or renewal.

Establishes insurance eligibility points based on traffic violations, with speeding violations earning 1-4 points depending on how much the speed limit was exceeded, and other moving violations earning 2 points.

Assigns 3 points for a first substantially at-fault accident and 4 points for each subsequent substantially at-fault accident within the 3-year lookback period.

Maintains existing eligibility exclusions for home insurance applicants, including those convicted of arson or fraud-related crimes within 5 years, those with delinquent property taxes for 2+ years, and those refusing to purchase adequate coverage amounts.

Takes effect 1 year after enactment into law.