If you are a first time driver going out to get your car insurance or if you are new to Michigan you should know a few things before you go and purchase some auto insurance Michigan. You may not have a choice on whether or not to get insurance but choosing wisely is important.
Living in Michigan you will see that they have the most comprehensive no fault auto insurance in the country. If you are insured in Michigan, you and your family will be provided with complete medical and rehabilitation. Which is also include loss of pay up to three years. This is, by law, required by the State and does not matter who is at fault.
If you are not insured with the minimum coverage you can probably expect to be fined, have your license revoked until you have proof of insurance. You could even spent up to one year in jail as well.
There are three types of basic no fault insurance plans you must buy per auto insurance Michigan rules. Personal Injury Protection (PIP), this pays all medical bills if you are injured in an accident. Property Protection (PPI), pays up to one million dollars in damage to property cause by your vehicle. The final one required by the state is called Residual Bodily Injury and Property Damage Liability (BI/PD), This will pay for any defense cost and any property damage or other damage you are found liable for.
You need to understand that the above types of insurances do not cover taking care of any damage there might be to your own car should the accident be your fault. If you are looking for that type of insurance, you will need to contact your insurance company and ask about purchasing Collision and Comprehensive that will take care of any damage to your car.
When deciding to buy a type of collision policy know that there are three types that are available from your insurance company and it is up to you whether or not you want one or all three of them on your car.
The first one is called Uninsured Motorist, this particular insurance will cover all of your costs should you be involved in a hit and run accident or the other driver is uninsured.
Residual Liability Insurance is for those who want to buy higher limits of liability insurance than they have on the basic policy.
Limited Property Damage Liability Insurance will pay for damage to another vehicle or property if it is discovered that you were at least 50 percent to blame for the accident.
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