On every Michigan auto insurance declaration page there is a charge shown for the MCCA. MCCA stands for Michigan Catastrophic Claims Association, which is a non-profit organization, formed by the Michigan legislature in 1978.
The purpose of the MCCA is to provide funds for the unlimited lifetime medical benefits that are apart of the Michigan No-Fault Insurance law. Currently these reserves are used for when a person injured in an automobile accident exceeds over $500,000 worth of medical expenses.
On March 25th, 2015 the MCCA announced that the mandatory assessment for all insured Michigan vehicles would be lowered to $150 effective July 1st, 2015. This is great news for all Michigan residents who own, operate, and insure a vehicle.
The MCCA announced the pending changes and some important information about the MCCA assessment in a press release. We strongly encourage for you to take a look at some of the information provided, which you can access by clicking here.
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