Q&A > General Questions > Why are insurance companies backing these proposals?

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Drivers for Savings is more than just insurance companies. It is a coalition of groups and individuals who all recognize that providing people with choices that can save money and protect the long-term health of Michigan’s no-fault insurance system is in the state’s best interest.

Employers in the insurance industry support the plan because they see first hand how our current system is broken and heading for crisis. When drivers go without insurance, lawsuits and costly settlements follow. This increases costs throughout the insurance system and makes Michigan a harder place to do business. A more stable market is good for both consumers and providers of insurance.