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New plan to lower auto insurance rates in Michigan unveiled today

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A new plan to lower Michigan's auto insurance premiums will be rolled out today in Lansing.

Detroit Mayor Mike Duggan is helping lead the bipartisan reform effort. Duggan has teamed up with House Speaker Tom Leonard and Rep. Lana Theis, Chair of the Michigan House Committee on Insurance.

Duggan's office says the plan will include "comprehensive reforms that create rate relief and greater choice on coverage options for Michigan drivers."

Michigan's auto premiums are the third highest in the country. In 2014, drivers paid an average of more than $1300 in premiums. Duggan is helping lead the effort to lower rates, because he says prices in the city of Detroit are among the highest.

Michigan residents have complained about the soaring rates for years, with some even admitting they drive illegally without insurance because they cannot afford coverage. Duggan's plan reportedly would offer several tiers of coverage.

The plan will be unveiled at 10 a.m. in the Speaker's library on the second floor of the State Capitol. Check back for updates.