MI HB5030

Requires auto insurers offering unlimited personal injury protection (PIP) coverage to offer deductibles in $1,000 increments up to the state average of benefits paid for motor vehicle accident injuries in the preceding year

Deductibles under the new provision must result in appropriately reduced premiums for policyholders

Deductibles apply only to the named insured, their spouse, and relatives living in the same household

Amends Michigan's no-fault insurance code (MCL 500.3109) to expand deductible options for those choosing unlimited PIP coverage under section 3107c(1)(d)