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Michigan’s Auto Insurance Law Has Changed

1 2 3 Table of Contents Page 4 Page 6 Page 8 Page 10 Page 12 Page 14 Page 15 Page 16 Page 17 Page 18 Page 19 Page 22 Page 23 Page 24 Automobile Insurance Eligibility Mandatory No-Fault Automobile Insurance Coverage Optional Automobile Insurance Coverage Determining Your Premium Other Premium Information Calculation of Annual Premiums Understanding Your Automobile Insurance policy Sample Declarations Page Physical Damage Coverage Shop Around Glossary of Common Terms Shopping for Automobile Insurance Worksheet I Shopping for Automobile Insurance Worksheet II Shopping for Automobile Insurance Worksheet III This Consumers Guide is a publication prepared by the michigan Department of Insurance and Financial Services (DIFS).

Residual Liability Insurance ... The residual liability portion of your no-fault policy will pay up to your coverage limit amounts if you are found legally responsible for damages in these situations. The minimum required BI/PD coverage limits are:

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  Policy, Liability, Insurance, Michigan, Liability insurance

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