Personal injury protection (pip) coverage represents one of the major provisions enacted. While the reform was positioned as a cost savings for all auto insurance policy holders in michigan, that might not actually be true for some drivers.
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Michigan no fault insurance reform. Furthermore, these hastily passed bills leave more questions and concerns with regard to how the injured in our state will access treatment. If you’re not quite sure what’s changing, you’re not alone. Find out the new options and savings available with michigan community insurance agency.
In anticipation of the changes we understand there might be uncertainty on the implications of the changes, and what you need to be aware of as a michigan policyholder. While the reformed auto insurance law will bring additional changes in july 2020, we’re here to help you understand what these are and what your options are. On may 30, 2019, michigan gov.
Grand rapids, rockford, belmont, ada, cascade, grandville, byron center, caledonia, hudsonville, walker, jenison, forest hills, east grand rapids, comstock park, and kentwood. That means we can expect a significant increase in costs for employers and businesses that will be passed on to their employees as health care costs increase to absorb the new millions of dollars in medical care and treatment that used to be. Under the new plan, drivers are able to choose from up to six options for personal injury protection coverage.
These changes are estimated to erase the mcca’s deficit of approximately $2 billion and reduce the annual mcca assessment by approximately $1 billion. The contact line for auto no fault inquiries is 833.ask.difs or 833.275.3437. But the new law permits insurers to use credit reports.
In an effort to address the high premiums and to lower costs, michigan gov. Drivers across the state had some important choices to make on their insurance coverage, which could mean adjustments to both personal injury protection (pip) and liability coverage. Tricare coverage for active members in a branch of the armed services is considered qhc, but va coverage for veterans is not considered qhc.
If you have questions, contact the michigan department of insurance and financial services (difs). Broken down into simple terms, michigan driver options include: By frankenmuth insurance | jun 23, 2020 | auto insurance.
Our detroit car accident attorneys explain what you need to know about choosing pip coverage under the new law. Michigan auto insurance is changing under the no fault reform law passed by gretchen whitmer. Insurance and banking content the bill would amend the insurance code to do the following:
We represent citizens, auto owners, pioneer, frankenmuth, and many other top mi carriers.
New Michigan NoFault Law Passes What You Need To Know
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