Atnip & Associates, Pllc
248-599-1607 Free Consultation
View Our Practice Areas

Will insurance pay your family if you're killed in an accident?

Michigan requires drivers to have no-fault insurance. It's important to understand how this type of policy works, what other coverage you may need -- like collision coverage -- and exactly what types of payouts to expect.

If you have a family, one of your biggest concerns regarding auto accidents is what will happen to your family if you're killed in a wreck. Will the insurance pay them anything after you're gone or are they on their own financially?

The policy will pay to help cover lost wages. The amount is different for everyone, and it's based on 85 percent of your projected earnings. This money can be paid to your family for three years, the same amount of time you'd be paid if you were hurt and couldn't go back to work.

So, if you make $4,000 per month, your family would get a max of $3,400 each month. It could be less, depending on how much your family would actually have received, based on a variety of factors.

There is also a maximum. This does change from time to time and it's important to track these changes and always know what the max is during any given year. As of 10/1/15, it was set at $5,398 per month. Even if you realistically earned far more than that, your insurance would not provide additional compensation to your family.

Insurance can be complicated, but it's important to fully understand what's legally expected of you and what your policy provides, seeing as how the policy can be so important to your family's well-being in the event of a deadly accident.

Source: Michigan Department of Insurance and Financial Services, "Brief Explanation of Michigan No-Fault Insurance," accessed Feb. 03, 2017

No Comments

Leave a comment
Comment Information
Email Us for response

We Are Fighting For You Immediately

  • “Heather is one of the best lawyers I know. I have been working for Heather since April and I have already learned so much from her. She has a “go get them” personality but still remains very friendly throughout the litigation process. If you are looking for a smart and energetic lawyer Heather is the perfect attorney for you!”

    – Dewnya Bazz
    Personal Injury Lawyer in Dearborn, MI
Testimonials

Tell Us About Your Legal Needs And Questions Get the results you need for long-term stability. Please call Atnip & Associates, PLLC,
at 248-599-1607 to schedule a free consultation with one of our attorneys.

Bold labels are required.

Contact Information
disclaimer.

The use of the Internet or this form for communication with the firm or any individual member of the firm does not establish an attorney-client relationship. Confidential or time-sensitive information should not be sent through this form.

close

Privacy Policy

Atnip & Associate, PLLC

400 Water Street Suite 205 Rochester, MI 48307 Phone: 248-599-1607 Fax: 248-674-4774 Rochester Law Office Map