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In order to opt out of Michigan PIP insurance, drivers must have Medicare (Parts A and B), and all household members must have alternate insurance coverage for car accident injuries.
The soaring inflation in other portions of an auto insurance policy, such as collision coverage, could mean that some or all of the savings for Michigan drivers on their PIP coverage could be ...
Michigan auto insurance policies come with default liability limits of: $250,000 bodily injury liability per person. $500,000 bodily injury liability per accident. ... PIP medical opt-out (for ...
Personal injury protection (PIP) is an extension of car insurance available in some U.S. states that covers medical expenses and, in some cases, lost wages and other damages. PIP is sometimes referred to as "no-fault" coverage , because the statutes enacting it are generally known as no-fault laws, and PIP is designed to be paid without regard ...
On January 17, 2013, Governor Rick Snyder ordered that the Office of Financial and Insurance Regulation (OFIR) be transfer out of the Michigan Department of Licensing and Regulatory Affairs to form a new principal department, the Michigan Department of Insurance and Financial Services, effective March 19, 2013. [3]
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More than $27 billion is being poured into some 60 EV manufacturing and battery projects in the state, edging out even Georgia, with $26.6 billion, according to Atlas Public Policy, indicating that the birthplace of the modern auto industry continues to be central to its present and future.
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