The state of Michigan enforces the mandatory automobile insurance requirements. This state-wide initiative is utilized to lower the litigation rate associated with automobile accidents. It is also beneficial in reducing losses related to automobile theft. To fulfill this requirement, you should purchase Car Insurance in Redford MI immediately.
Michigan Automobile Insurance Requirements
As Michigan is a no fault state, all drivers are required to maintain no-fault auto insurance in addition to standard liability insurance. These policies cover personal injuries, property damage, and any further liabilities associated. With personal injury protection, the insurance policy will pay most medical expenses you sustain in an automobile accident. The standard policy pays roughly eighty-five percentage of these costs. Drivers can acquire some coverage through their major health insurance policy to fulfill this requirement.
The property protection you will acquire through the mandatory Car Insurance in Redford MI pays up to $1 million. The coverage does not apply to automobiles, unless they are parked. It covers properties such as buildings that are struck during the accident.
The minimum requirements for bodily injuries are $20,000 per injured individual or fatality with a maximum of $40,000. It also provides at least $10,000 for property damage that occurs in Michigan.
Violations for No Insurance
Any driver who is caught driving without insurance is subject to fines. These drivers will receive a fine of a minimum of $200 and a maximum of $500. Their driver’s license is suspended for thirty days. Proof of Car Insurance in Redford MI is required before these drivers can receive a reinstated license. Drivers can locate Cheap Insurance by receiving free quotes.
Exceptions and Limitations of No-Fault Insurance
You are not protected against litigation if you cause a serious injury or fatality. If the other driver was not a resident of Michigan, and you were ruled at fault, the insurance does not stop him or her from filing a claim based on their home state’s guidelines for personal injuries. You are not covered through no-fault insurance if you are in an accident outside of the state of Michigan. At any time that you cause damage that is not covered under the other driver’s insurance policy, you are liable up to $1,000.
