There are many different Michigan auto insurance laws that are important for all MI drivers to at least have a basic understanding of. Michigan has a no fault auto insurance law. Most states throughout America have tort laws, but Michigan is one of the few that does not. Such no-fault laws are put in place to try and reduce the number of frivolous and fraudulent lawsuits that result from car accidents. The car insurance laws in Michigan are very comprehensive and provide for excellent benefits if you are injured in a car accident.
Understanding The MI No Fault Auto Insurance Law
Michigan’s no fault law simply means that if you are involved in a car accident, bodily injuries are paid for by your own insurance coverage, regardless of who was at fault in the accident. For you this means that apart from the fact that it is required by law, it is also in your best interest to carry at least the minimum insurance coverage in the state.
Michigan no fault insurance provides for your medical expenses in these ways:
A. Unlimited coverage for medical and rehabilitative costs
B. Wage loss protection
C. Replacement services of $20 daily, for as long as 3 years
Michigan State Required Auto Insurance Coverage
The state of Michigan requires you to carry liability limits of 20/40/10 and personal injury protection coverage.
– 20/40/10 means $20,000 bodily injury liability coverage per person, $40,000 per accident in total and $10,000 in property damage liability
– PIP, as personal injury protection is called, pays all the medical costs that you incur if you are hurt in a car accident.
Comparing Michigan Auto Insurance Coverage Options
There are other types of car insurance available in Michigan also, including personal property coverage like collision and comprehensive, amongst others. To get more pricing on your car insurance needs, check out an online quote tool. It will provide you with a variety of Michigan auto insurance quotes from top insurers, so you can compare and contrast price, coverage and service.
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