Michigan Auto Insurance
Requirements of Motorists under MI State Law
Everyone has an opinion about insurance. Some people
believe it is a conspiracy to con hardworking people out
of money. You can not imagine how much you need insurance
until you something happens that you were not prepared
for.
Weather its a car accident, a flu, a fire,or a theft
these things happen all the time. You never know if or
when something might happen to you. Don't be caught off
guard by life's unpredictable events.
There are certain "requirements" that are applicable
to each state and varies accordingly. We have attempted
to compile all of the relevant information in to this
single resource to help visitors know what is expected
of them in regards to insurance.
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Michigan
Car Insurance Requirements
Coverage Minimum - 20/40/10
Coverage Explanation - Car insurance
coverage in Michigan must provide a minimum of $20,000
for injury liability for one person in an accident, $40,000
for all injuries in an accident, and $10,000 for property
damage in an accident.
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Important Michigan Auto
Insurance Laws!
1. Motorists in the MI state, are required to buy and
maintain a "no-fault" insurance policy. It is
against Michigan auto insurance law to drive or let your
car be driven without no-fault insurance.
Important to Note:
A "no-fault" policy will pay all of your medical
costs. It will also pay, up to a maximum amount, for the
wages you would have earned if you had not been hurt,
for up to three years.
Under Michigan auto insurance law, no-fault will pay
up to $1 million for damage your car does in Michigan
to other people's property, such as buildings and fences.
It will also pay for damage your car does to other people's
properly parked vehicles.
The no-fault provision of Michigan auto insurance law
protects insured persons from being sued as the result
of an auto accident except in certain special situations.
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our review on Lowering your Auto
Insurance
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