No Fault Auto Insurance Michigan
Michigan s no fault laws have both pros and cons with the biggest con being the much higher overall cost than drivers in other states regularly have to endure.
No fault auto insurance michigan - For auto insurance policies issued or renewed after july 1 2020 drivers now will have the choice of the following no fault medical benefit coverage levels. 1 the unlimited no fault pip medical benefits option. And 3 uninsured and underinsured motorist coverage with 500 000 limits.
If you have an auto accident no fault insurance. On may 30 2019 governor whitmer signed an historic bipartisan no fault auto insurance reform bill to provide lower rates for michigan drivers protect insurance coverage options and strengthen consumer protections. In 1973 michigan passed a no fault auto insurance system.
Michigan has several irregular coverages that other states do not require. The new michigan no fault auto insurance law means that residents are no longer required to buy unlimited personal injury protection or pip with their auto insurance. Auto no fault reform quick facts.
On may 30 2019 governor whitmer signed historic bipartisan no fault auto insurance reform legislation public acts 21 and 22 of 2019 to provide insurance coverage options lower rates for michigan drivers while maintaining the highest benefits in the country and strengthen consumer protections. Auto insurance reform faq. 50 000 if a driver is.
No longer will all drivers be required by the new michigan no fault insurance law to purchase unlimited no fault michigan pip benefits. On may 30 2019 governor whitmer signed historic bipartisan no fault auto insurance reform legislation to provide lower rates for michigan drivers protect insurance coverage options and strengthen consumer protections. It is against the law to drive or let your car be driven without no fault insurance.
What you choose is important because pip can cover services that. 2 the bodily liability insurance option with 500 000 and 1 million limits. Every owner of a car must buy certain basic coverages in order to get license plates.
You ll have the option of selecting from different levels of personal injury protection coverage. Our recommended car insurance coverage for the new michigan no fault law includes choosing. Michigan s no fault auto insurance law is one of the most complicated in the u s.
Michigan s no fault auto insurance law means that michigan residents are no longer required to buy unlimited personal injury protection or pip with their auto insurance. Michigan drivers have an important choice to make. You ll have the option of choosing from different levels of personal injury protection coverage.