The state of Michigan requires that you purchase no-fault insurance from
your auto insurance provider. What the insurance company may not tell
you is that many motorists do not have any liability insurance or they
may have extremely low policy limits. Uninsured and under-insured
protection is available to Michigan residents, but it comes at an extra
cost and is not required by Michigan law. If you decide to purchase the
option, the insurance company will end up paying for the compensation
you would have received if the negligent driver had higher liability
coverage. This type of insurance is designed to protect you in the
chance you are seriously injured by another motorist with little or no
liability coverage. If you happen to be the negligent driver with no
insurance or little coverage, you are exposing your personal assets
which could cause you serious financial hardship or worse yet
bankruptcy. You still must prove the other driver is at fault and you
still must prove that you have suffered an injury which passes the tort
threshold�. While you should be able to recover first party benefits
under your no-fault protection which include your medical expenses,
attendant care, wage loss, replacement services, and medical mileage, if
the other driver has just the minimum liability insurance or even no
liability insurance it could mean no compensation from the driver at
fault. In many of these situations, your best option is to contact The Clark Law Office - theclarklawoffice.com/auto-accident-attorneys/
As an example, if you suffer a serious injury from a car accident where
you can prove the other driver was negligent, you are entitled to file a
3rd party benefit lawsuit where you can recover pain and suffering
damages on top of the normal 1st party benefits paid by your own auto
insurance provider. In a 3rd party suit you are actually suing the
driver at fault and they are responsible for paying these non-economic
damages which also include excess wage loss. Suppose the other driver
has no-fault insurance, but does not have any liability coverage or not
enough liability coverage. Even if you can meet the “tort threshold”,
you would be unable to collect compensatory damages for your pain and
suffering as well as excess wage loss because they either have no
insurance or not enough to cover the actual damages incurred. The “tort
threshold” has become harder to meet throughout the years and you must
prove your injury meets one of three thresholds which include death,
serious impairment of a bodily function, or permanent serious
disfigurement.
In order to recover damages from your under-insured vehicle policy, you
must be awarded the full policy limit from the negligent driver involved
in the auto accident. You will also need permission from the provider
of your UM/UIM policy in order to settle with the negligent driver out
of court. If you fail to do so, you may end up giving up your UM
coverage simply because you weren’t granted proper consent. I would
recommend that you call your local Michigan auto accident attorney or
call your auto insurance provider to make sure you have the coverage you
need, it could save your financial well-being for the future!
Uninsured and Under-Insured Insurance Optional For Michigan Residents
by David M Clark on Jun. 12, 2012
Summary
The state of Michigan requires that you purchase no-fault insurance from your auto insurance provider. What the insurance company may not tell you is that many motorists do not have any liability insurance or they may have extremely low policy limits.