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As of July 1, 2020, PIP coverage is required in Michigan for all drivers except for certain Medicare members who choose to opt out of PIP insurance. Under the new no-fault law, Michigan gives ...
A survey conducted this April by the Insurance Alliance of Michigan, an industry group, found Michigan drivers making the following choices for their no-fault medical coverage: Unlimited PIP: 62% ...
Some of these laws are different from other states because Michigan is considered a no-fault state. ... minimum of 50/100/10 liability insurance, Personal Injury Protection (PIP) and Property ...
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 ...
Although the benefits will vary depending on the state, no-fault benefits will generally: (1) pay for an injured person's car crash-related medical bills and lost wages; (2) be paid by the injured person's own insurance company; and (3) be paid regardless of whether the injured person was at-fault for the crash. In Michigan, the Michigan ...
In 2019, the Michigan Legislature changed the state’s no-fault auto insurance law so that drivers will no longer be required to purchase unlimited medical coverage. [12] Instead, under the PIP Choice system that was enacted, drivers have the choice of selecting medical coverage with limits of $50,000 (for drivers on Medicaid), $250,000 ...
Because Michigan is a no-fault state, drivers are required to carry personal injury protection ... $1,000,000 property protection insurance (PPI) Personal injury protection ...
PIP insurance covers the medical bills of drivers involved in an accident, regardless of who is at fault. The idea behind the creation of PIP insurance was that it would reduce the number of ‘ pain and suffering ’ or ‘loss’ lawsuits, thereby reducing insurance company payouts and ultimately reducing insurance premiums.