Many people are uninsured on our roads today and auto insurance with
uninsured motorist coverage (UM) is critical to properly protect
yourself.
About 50 percent of Detroit drivers are driving without any auto insurance, as reported in the Detroit Legal News. And in Michigan, about 19 percent of drivers have no auto insurance, according to a news release by the Insurance Research Council.
Below is a summary of additional coverages you can buy along with your mandatory Michigan No-Fault insurance. These insurance coverages provide more protection in case of a serious car accident especially if that accident is with someone who doesnt have No-Fault insurance.
Uninsured/underinsured motorist coverage
Uninsured and underinsured motorist coverage (UM/UIM) provides a valuable source of legal recovery after a car accident, when someone is injured by another driver who is uninsured or does not have adequate insurance.
Many auto insurance companies don't inform their policy holders of these important options.
About 50 percent of Detroit drivers are driving without any auto insurance, as reported in the Detroit Legal News. And in Michigan, about 19 percent of drivers have no auto insurance, according to a news release by the Insurance Research Council.
Below is a summary of additional coverages you can buy along with your mandatory Michigan No-Fault insurance. These insurance coverages provide more protection in case of a serious car accident especially if that accident is with someone who doesnt have No-Fault insurance.
Uninsured/underinsured motorist coverage
Uninsured and underinsured motorist coverage (UM/UIM) provides a valuable source of legal recovery after a car accident, when someone is injured by another driver who is uninsured or does not have adequate insurance.
Many auto insurance companies don't inform their policy holders of these important options.
With UM and UIM, an injured person turns to his or her own auto
insurance company to pay what would have been recovered from the
at-fault driver, had that person been properly covered.
This coverage is very inexpensive. For the price of a movie and popcorn, you can make sure your family is covered in case of a crash with an uninsured driver.
Collision insurance and comprehensive insurance
In most cases, your No-Fault insurance does not pay for repairs to your car if it is damaged in an accident. But collision coverage pays for repairs to your car when it is damaged in a crash.
There are three basic kinds of collision to choose from limited, standard and broad form. These have varying deductibles (A deductible is the amount of money you agree to pay toward the cost of repairs before the insurance company steps in and pays the remainder).
Comprehensive insurance pays for your car if it is stolen or for repairs if your car is hit by a falling object, collides with an animal or is damaged in a fire, flood or by vandals.
This coverage is very inexpensive. For the price of a movie and popcorn, you can make sure your family is covered in case of a crash with an uninsured driver.
Collision insurance and comprehensive insurance
In most cases, your No-Fault insurance does not pay for repairs to your car if it is damaged in an accident. But collision coverage pays for repairs to your car when it is damaged in a crash.
There are three basic kinds of collision to choose from limited, standard and broad form. These have varying deductibles (A deductible is the amount of money you agree to pay toward the cost of repairs before the insurance company steps in and pays the remainder).
Comprehensive insurance pays for your car if it is stolen or for repairs if your car is hit by a falling object, collides with an animal or is damaged in a fire, flood or by vandals.
