New Auto Liability Insurance Limits, New Complexities
2020 was so dizzying that it is hard to keep track of the many changes in our lives. You are thus in good company if you did not notice that automobile liability insurance limits underwent a historic change, courtesy of the auto no-fault overhaul known as Public Acts 21 and 22. The Acts became law in 2019, but the most significant phase took effect on July 1, 2020. On that day, auto no-fault insurers could start issuing policies with limited no-fault PIP benefits. On that same day, auto insurers were required to issue new policies with substantially increased minimum liability … Continue reading New Auto Liability Insurance Limits, New Complexities
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