Auto Insurance Coverages You Must Have

Auto Insurance Coverage In The Wolverine State

Everyone wants to save money on insurance coverage. Buying online is one way to do so, but you need to know a few facts about the coverage before you buy. When you enter your information in a interactive website that offers insurance quotes, you will see several competitive quotes for MI auto insurance. It only takes a few minutes to get the information once you enter the details.

In Michigan all vehicle owners must purchase Bodily Injury Liability insurance. The minimum policy level is at $20,000 per person per accident. The minimum total amount per accident is set at $40,000. In addition, motorists are required to purchase a Property Damage Liability policy. The minimum for PDL is set at $10,000. The shorthand for this type of coverage is 20/40/10 coverage.

The state of Michigan also requires that vehicle owners purchase Personal Injury Protection coverage. The policy helps to pay for necessary medical and work loss payments if you are hurt in an accident involving an automobile. If you are injured, this coverage will pay for your needed medical treatments. If you miss work, there is coverage for that as well.

In Michigan, you are not required to purchase an uninsured or underinsured motorist bodily injury policy. If you are struck by another vehicle where the driver is not complying with the coverage laws of Michigan, the financial impact might be very devastating for you. You may want to consider purchasing this type of coverage as an optional part of the policy.

Michigan laws are considered to be a No-Fault system. This means that the carrier makes payments for claims on your injury without regard for a determination of who caused the event. Claims are covered up to the specified amount. Because the definition of the no-fault system varies from one state to another, you will want to review the specifics of Michigan’s coverage. It is important to note that usually a no-fault systems means that some of the rights to sue are waived.

The benefits of purchasing coverage online are comprehensive. You can customize the MI auto insurance package in any way you like. So long as the minimum required levels are met, deductibles and limits can be designed to fit your requirements. When you buy online, the customer service people will assist you in making sure that you understand your options. You will be given help and explanations throughout the process of quotes and purchases if you have questions. Shopping around each time you renew your policy is a good idea, since laws and rates change constantly.