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Just how much are you paying for no-fault coverage, anyway? Check your declarations sheet

Compared to other coverages, the cost of no-fault coverage might not be as high as you think - how does this impact arguments that the cost of no-fault insurance in Michigan is out of control? The cost of no-fault insurance in Michigan has been a significant subject in debates to reform the system. Michigan SB 248, now with a substitute version awaiting a vote by the House, allegedly aims to decrease the cost of no-fault; however, what supporters of the bill fail to mention is that in exchange for cheaper auto insurance, people in this state, especially those who suffer severe,...

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The Truth About Unlimited Medical Coverage & Michigan No-Fault Law

unlimited-medical-coverage

Contrary to popular belief, Michigan no-fault insurance does not provide unlimited medical coverage. It's important to remember this in the ongoing discussions about reforming the no-fault system. As efforts to revise the Michigan no-fault insurance system continue, it’s unfortunate that some information being provided to the public is inaccurate — particularly the assertion that no-fault insurance provides unlimited medical coverage to persons injured in an auto accident in Michigan. Certain media reports and statements from people involved in no-fault reform have incorrectly conveyed that one reason why Michigan has high auto insurance rates is that “unlimited lifetime medical benefits” are provided to those who...

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