The bill amends the Michigan Insurance Code of 1956 to require automobile insurers to offer premium discounts to insured individuals aged 50 and older who complete a traffic accident prevention course. This change mandates that insurers shall provide a discount for three years following the successful completion of either an initial or refresher course. The bill specifies that the initial course must consist of at least six hours of classroom instruction, while the refresher course requires a minimum of four hours, both taught by certified instructors.

Additionally, the bill outlines the content that must be included in the traffic accident prevention courses, such as the effects of aging on driving behavior, understanding road signs, and safe driving laws. It also emphasizes the importance of teaching older drivers about the risks associated with traffic crashes and the proper use of occupant protection systems. Upon completion of the course, participants will receive a certificate that can be used to apply for the insurance premium discount. The bill is referred to as the "cutting auto rates for seniors, or CARS, act."

Statutes affected:
House Introduced Bill: 500.2111