Sunday, November 8, 2015
Michigan Car Insurance Info: Get to Know the State’s No-Fault Law
When it comes to automobile, bus, truck, or motorcycle accidents in Michigan, it is important to note that the state practices a no-fault policy. Under Michigan’s No-Fault Act, your auto insurance company will be the one responsible for paying most of your economic damages, regardless of who’s at fault. Coming into effect on October 1, 1973, the law was designed to achieve two things: compensate persons injured in auto accidents quickly and equitably, and limit lawsuits by paying benefits quickly. Michigan Auto Law enumerates the five benefits you could be entitled to should you find yourself involved in a car accident in the Great Lake State.