Another reason consumers oppose Choice is that it is confusing. Why not just bite the bullet and adopt good no-fault instead of this confusing form of it. It works well for Michigan. It takes care of the truly hurt and eliminates the vast majority of lawsuits. The proof of the confusion that Choice brings to the market is clear from the bill itself.
Consumers have to determine price, service and solvency rankings to find the best insurer.
Most do not shop from more than one provider. Consumers are faced with a strange combination of boredom and intimidation today. Another problem with choice is that it gives the insurer undue power in the settlement of claims. If no-fault delivers benefits faster and cheaper, why limit these benefits to under half of the states. Exhibit 1 shows the 1995 data on the costs and profits of the private passenger car insurance market in the most recent year compiled, 1995.