Regulation · Michigan

Fire and Inland Marine Insurance Rates (complete rule set, 10 rules)

Michigan Administrative Code R 500.1301 to R 500.1310

Publisher: Michigan Department of Licensing and Regulatory Affairs...
Edition: Michigan Administrative Code as published by LARA's Administrative Rules System
Last checked: 2026-09-17
Status: Michigan Administrative Code

Edition and licensing notes

Publisher. Michigan Department of Licensing and Regulatory Affairs, Administrative Rules System

Edition. Michigan Administrative Code as published by LARA's Administrative Rules System (ars.apps.lara.state.mi.us). THE PDF CARRIES NO CURRENCY OR EFFECTIVE-DATE STATEMENT of its own; the only dating in it is the per-rule 'History:' trailer, which is quoted in this entry's note. The index row was read on 2026-09-17.

Status. Michigan Administrative Code; public domain (State of Michigan, Department of Licensing and Regulatory Affairs).

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What this document is

Michigan Administrative Code R 500.1301 to R 500.1310 - Fire and Inland Marine Insurance Rates (complete rule set, 10 rules) is a regulation published by Michigan Department of Licensing and Regulatory Affairs, Administrative Rules System. It is one of the Michigan documents that insurance license exam questions are written from, including michigan property & casualty practice questions. This page summarizes it and points to the official version, which is the text to rely on.

Sections cited in practice questions

Each practice answer shows the exact passage it comes from. These are sections of this document that questions cite, with a short excerpt from the source text.

R 500.1307(1) and (2) (Unfairly discriminatory rates)
“Rule 7. (1) For purposes of section 2603(1)(d) of the code, a rate for a coverage is unfairly discriminatory in relation to another rate for the same coverage if the differential between the rates is not reasonably justified by differences in mean anticipated losses or expenses, or both, or by...”
R 500.1306 (Inadequate rates; applicant in good faith entitled to procure insurance)
“Rule 6. For purposes of section 2603(1)(d) of the code, both of the following provisions apply: (a) A rate is unreasonably low for the insurance coverage provided if it is unreasonably low in relation to anticipated losses or expenses, or both, or to the uncertainty of loss for the insurance...”
R 500.1310 (Exemptions from rules; appeal to commissioner)
“Rule 10. (1) The commissioner may, by order, exempt a coverage or type of insurance from the application of 1 or more individual rules if he or she determines that application of the rule or rules will be inappropriate based on the unique characteristics of the coverage or type of insurance. (2) An...”

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Questions about this source

Michigan Administrative Code R 500.1301 to R 500.1310 - Fire and Inland Marine Insurance Rates (complete rule set, 10 rules) is a regulation published by Michigan Department of Licensing and Regulatory Affairs, Administrative Rules System. Edition: Michigan Administrative Code as published by LARA's Administrative Rules System (ars.apps.lara.state.mi.us). THE PDF CARRIES NO CURRENCY OR EFFECTIVE-DATE STATEMENT of its own; the only dating in it is the per-rule 'History:' trailer, which is quoted in this entry's note. The index row was read on 2026-09-17..

No. This page summarizes the document and links to the official version. Always rely on the text published by Michigan Department of Licensing and Regulatory Affairs, Administrative Rules System for the current law.

Practice questions for Michigan Property & Casualty cite this document.

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