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Before this law reform, all drivers were required to have unlimited PIP regardless of the type of health insurance they carried. This caused the Michigan Catastrophic Claims Association (MCCA) fee ...
A Michigan no-fault policy provides unlimited medical and rehabilitation benefits. [4] Claimants involved in an auto accident are wise to submit their own insurance information to their medical providers, as third party carriers are under no legal obligation to pay a claimant's medical bills, while first party carriers are.
Make sure to provide the right workers' compensation insurance in case an incident happens (this is required by law in many states if you have employees) and familiarize yourself with the claims ...
This provider offers general liability insurance, professional liability (E&O) insurance, business owners’ policies, cybersecurity insurance, workers’ compensation, and other specialized ...
Liability insurance (also called third-party insurance) is a part of the general insurance system of risk financing to protect the purchaser (the "insured") from the risks of liabilities imposed by lawsuits and similar claims and protects the insured if the purchaser is sued for claims that come within the coverage of the insurance policy.
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 ...
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