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Michigan Auto Insurance – PIP coverage

Posted on: December 10th, 2009 by admin

Low Michigan Car InsuranceInsurance as a whole can be very confusing, there are so many different options and coverage’s it can be overwhelming. When looking to compare auto insurance rates Michigan is no different, it can be extremely confusing. The big reason is that Michigan is what they call a “no-fault” state. The portion that I am going to focus in on is the more confusing portion of the Michigan auto insurance which is something called the PIP coverage. What is PIP coverage? It stands for “Personal Injury Protection” and it is basically put in place so your own Michigan insurance policy will pay for your medical cost and even lost wages if you are involved in an accident.

What if I already have health insurance, how should I have it set up?

If you have medical insurance it is always good to contact you health care coverage provider and ask them if you are covered for auto related medical expenses with them. It is a misconception that all major health care coverage providers will cover auto related medical injuries. If your health care coverage provider does cover auto related medical cost then you would want to make your auto policy excess or coordinated so your major health care coverage provider is primary. If you are not covered for auto related medical costs though then you would want your auto policy to be primary.

How would I be compensated for lost wages?

The PIP portion of your Michigan auto insurance can actually cover your lost wages up to 85% for up to 3 years if you are unable to work due to an auto related injury. The way to have this set up on your Michigan insurance policy is to make sure that the wage loss portion is made primary on your policy. This will almost always be the case, the only time you would want to make the wage loss portion excess or coordinated is if you have verified that you have another insurance policy in place that will cover wage losses for auto related injuries.

When looking to compare auto insurance rates Michigan remember to make sure that you have a consistent PIP coverage set up so you can compare apples to apples. The thing you don’t want is to have one insurance company quoting you with your PIP coverage set one way and another insurance company quoting it differently because this coverage is a big portion of your premium and effect the quote dramatically. As always remember to speak with your insurance agent to make sure you are properly covered and let them guide you thru the confusing Michigan insurance so you are properly insured.

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