HB 5951 Summary

• Allows individuals applying for or renewing motor vehicle insurance policies to select one of four maximum personal protection insurance benefit levels: $250,000, $500,000, $1,000,000, or no maximum limit.

• Establishes that the catastrophic claims association's liability is limited to amounts exceeding the selected maximum benefit level, with no liability for losses exceeding the chosen limit.

• Increases the catastrophic claims association threshold from $500,000 to $545,000 for policies issued or renewed between July 1, 2015 and June 30, 2017, with biennial adjustments thereafter based on the lesser of 6% or the consumer price index, rounded to the nearest $5,000.

• Clarifies that the maximum limit for allowable expenses under personal protection insurance applies only to the named insured, their spouse, and relatives domiciled in the same household, determined per motor vehicle accident regardless of number of policies.

• Takes effect 90 days after enactment.