Car owners need to carefully compare car insurance in Michigan before they purchase, despite the fact that the state has no-fault insurance coverage. Essentially this means that when a car accident occurs, injured parties make their claims to their own car insurance first. There are verbal restrictions on lawsuits resulting from car accidents. If the cost of injuries exceeds these restrictions, the injured person may sue the at-fault party.

Compare Car Insurance in Michigan on Mandatory Coverage

Even with true no-fault insurance, the state still requires vehicle owners to carry specific types of coverage. The state mandates liability coverage and PIP. Drivers must carry liability coverage of no less than $20,000 per person bodily injury coverage; $40,000 per accident for bodily injury in total; and $10,000 total for property damage. In addition, drivers must carry $10,000 property damage liability coverage. Personal injury protection or PIP is the other type of compulsory coverage in Michigan. This type is what makes the no-fault plan actually work. In fact medical care through PIP is unlimited. This makes PIP a very expensive though obligatory coverage to carry.

Compare Car Insurance in Michigan on Recommended Coverage

Michigan is one of the many states that are plagued with extremely low mandatory limits for liability insurance coverage. Anyone familiar with insurance will advise you to opt for limits of at least $100,000 bodily injury per person, $300,000 bodily injury per accident and $100,000 property damage per accident in order to adequately protect your assets.

Even though Uninsured Motorist coverage or UM is not mandated in Michigan, it should be. The state is the 7th worst for estimated uninsured motorists on the road with a whopping 19.5% of drivers not having insurance. This makes it extremely important to carry UM to protect yourself.

Another very important type of coverage to carry is comprehensive coverage. This is the type of insurance that covers theft, as well as storm damage and fire. Michigan has the nations 5th highest incidence of motor vehicle thefts, making this type of coverage critical to carry. Collision coverage is the other form of personal property damage that is important for owners of newer cars and obligatory for owners of financed cars.

Take the time to check out whether roadside assistance types of coverage might be a good fit for you. If you do not already have towing and labor coverage through an auto club, it is a good investment, as is rental car coverage. This one will reimburse you if you need to rent a car because yours is out of service.

Because demographics, your car, where you live in Michigan and so much more can affect your insurance cost, it makes sense to shop around carefully. Find the best affordable car insurance now!