Legislators in Michigan are making progress toward an overhaul of the state's no-fault auto insurance system, which is expected to benefit consumers through cost savings.
If you've recently relocated to Michigan, then you may not have heard of no-fault or personal injury protection (PIP) insurance before. Virtually every motorist in the state is expected to carry it to cover their expenses if they're involved in a crash in Rochester or somewhere else in the state.
According to Michigan's Department of Insurance and Financial Services, every driver must provide their own no-fault automobile insurance policy that includes Personal Injury Protection (PIP), Property Protection Insurance (PPI) and Residual Liability or Bodily Injury and Property Damage (BI/PD) coverage. An optional type of insurance that Michigan residents may also purchase is Uninsured or Underinsured Motorist (UM/UIM) Coverage.
A group of Michigan House Republicans launched a last-ditch effort this week to try to reform the state's no-fault or personal injury protection (PIP) auto insurance program. Their aim is to get a bill similar to the one endorsed by Detroit's mayor last year passed statewide.
When you're hurt in an accident, the obligation falls on the insurance company to investigate a claim, decide liability and settle the issue for a fair amount. Instances in which an insurer is slow to process, investigate or pay a claim may constitute a bad faith action. If so, you may be eligible to file a lawsuit against them.
If you look at your Michigan auto insurance policy documents, then you'll notice that you have personal injury protection (PIP) coverage listed on it. It's also known as no-fault insurance and it's mandatory that all drivers have it in the state. It's intended to cover medical bills that either you or your passengers may amass if you're involved in a car crash.
Everyone who registers a vehicle in Michigan is required to purchase no-fault insurance. It is illegal to allow your vehicle to be driven or to drive it yourself without no-fault insurance.
Being involved in a car accident in Rochester, Michigan, is never easy. There's so much that you need to take care of afterward involving insurance claims. If you are injured, that gives you even more to take care of due to rehab, recovery and medical claims. Here are some tips for handling insurance disputes following a car accident in Michigan.
The Michigan Catastrophic Claims Association (MCCA) announced that beginning in July 2019, the cost of personal injury protection (PIP) will increase by $22 per insured vehicle. That's an increase of 13 percent per vehicle and will bring the total cost of PIP to $192 per vehicle.
If you get into a wreck with an at-fault driver, you may be able to file a claim for compensation. However, doing so can cause you to be subjected to claims for subrogation from your insurance provider.