Additional Information About MI Online Vehicle Insurance
Additional Information About MI Online Vehicle Insurance: Motorists in the state are also required to purchase Personal Injury Protection (PIP) to cover the injuries sustained by an insured. If a policyholder is injured in an vehiclemobile accident PIP will pay all of the medical costs for the insured. This will also pay up to 85% of income that the injured person would have earned if they had not been hurt in a collision for up to three years. The maximum amount that can be paid to a policyholder is revised annually and as of October 1, 2010 it was raised to $4,929 from the previous amount of $4,828. If the insured is killed in a traffic accident, these benefits will be given to household family members for any income that would have been received for up to three years.
Additionally, the insured is also entitled to $20 a day for replacement services. This is used to pay for services that a person can no longer perform due to the injuries suffered in the traffic accident. Such services include, but are not limited to such activities as housekeeping or landscaping. Residents should also be aware that a No-Fault policy covers all family members who reside in the same household and PIP will cover injuries sustained when in another person’s vehiclemobile or if involved in a traffic accident as a pedestrian. According to the publication, Brief Explanation of Michigan No-Fault Insurance basic policies do not cover any damage caused to the insured’s vehicle and additional coverage must be obtained to protect against potential losses. Although vehiclemobile policies are expensive in the state, they do provide extensive protection.