How much is no-fault insurance in Michigan? This question is about No-Fault Insurance Guide

No-fault insurance in Michigan is automatically included in a minimum coverage policy, which costs an average of $159 per month ($1,908 annually). Personal injury protection (PIP) is often referred to as no-fault insurance and is a mandatory type of coverage for most Michigan drivers. PIP covers the policyholder’s accident-related medical expenses regardless of fault, and the no-fault insurance system limits drivers’ ability to sue for minor injuries after an accident. Cheapest No-Fault Insurance in Michigan Company Monthly Cost Travelers $22 Secura Insurance $28 Chubb Insurance $49 USAA $53 Nationwide $54 Note: Premiums are representative of a 45-year-old good driver with a minimum coverage policy; individual premiums will vary. Because PIP/no-fault insurance is a mandatory type of coverage in Michigan, it is automatically included in a minimum coverage policy. Michigan drivers are required to carry at least $250,000 of PIP coverage, though lower limits are available for those who have Medicare or Medicaid. There is also a $500,000 limit option and an unlimited coverage option for those who want extra protection in case of an accident. To learn more, check out WalletHub’s guide to no-fault insurance.

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How much is no-fault insurance in Michigan?

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This question is about No-Fault Insurance Guide

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McKayla Girardin, Car Insurance Writer

@mckayla_girardin • 03/14/22 This answer was first published on 03/14/22. For the most current information about a financial product, you should always check and confirm accuracy with the offering financial institution. Editorial and user-generated content is not provided, reviewed or endorsed by any company.

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No-fault insurance in Michigan is automatically included in a minimum coverage policy, which costs an average of $159 per month ($1,908 annually). Personal injury protection (PIP) is often referred to as no-fault insurance and is a mandatory type of coverage for most Michigan drivers. PIP covers the policyholder’s accident-related medical expenses regardless of fault, and the no-fault insurance system limits drivers’ ability to sue for minor injuries after an accident.

Cheapest No-Fault Insurance in Michigan

Company	Monthly Cost
Travelers	$22
Secura Insurance	$28
Chubb Insurance	$49
USAA	$53
Nationwide	$54

Note: Premiums are representative of a 45-year-old good driver with a minimum coverage policy; individual premiums will vary.

Because PIP/no-fault insurance is a mandatory type of coverage in Michigan, it is automatically included in a minimum coverage policy. Michigan drivers are required to carry at least $250,000 of PIP coverage, though lower limits are available for those who have Medicare or Medicaid. There is also a $500,000 limit option and an unlimited coverage option for those who want extra protection in case of an accident.

To learn more, check out WalletHub’s guide to no-fault insurance.

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What does no-fault insurance cover in Michigan?

No-fault insurance in Michigan covers your medical bills and related expenses if you are injured in a car accident, regardless of who was at fault. The no-fault insurance system in Michigan requires drivers to carry personal injury protection (PIP) to pay for expenses such as medical bills, lost wages, or funeral costs. In Michigan, you are required to carry at least $250,000 in personal injury protection insurance.... read full answer

What No-Fault Insurance Covers in Michigan

Covered	Not Covered
Medical expenses	Injuries to other drivers
Funeral expenses	Damage to other people’s property
Lost income	Car repairs
Childcare expenses	Injuries from an accident when you were using your car to make money
Survivors’ loss	Injuries sustained if you were not carrying your state’s minimum coverage requirements
Household services	Injuries sustained from an accident you caused intentionally
Injuries sustained when hit by a car while walking or biking	Injuries unrelated to a car accident

When a state has a no-fault insurance system, it typically means that drivers file a claim with their own PIP insurance after a car accident regardless of who was at fault. It also means you cannot sue other drivers for your medical expenses unless your injuries are deemed severe.

To learn more, check out WalletHub’s guide to no-fault insurance.

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Do insurance rates go up after no-fault accident in Michigan?

How much car insurance do I need in Michigan?

Drivers in Michigan need $50,000 of bodily injury liability insurance per person (up to $100,000 per accident) and $10,000 of property damage liability insurance. Michigan also requires personal injury protection (PIP) insurance. PIP covers medical expenses for you and your passengers after an accident.

Here’s How Much Car Insurance Drivers Need in Michigan:... read full answer

Coverage Type	Minimum Coverage Limit
Bodily Injury Liability Coverage (per person)	$50,000
Bodily Injury Liability Coverage (per accident)	$100,000
Property Damage Liability	$10,000
Personal Injury Protection	$250,000
Property Protection Insurance	$1,000,000

If you lease or finance your car, you may be required to carry coverage types that are not mandatory under Michigan law. Lenders usually require comprehensive and collision insurance. Collision insurance covers repairs to your car when you hit another car or object. If the damage to your vehicle was caused by something other than a collision—like a natural disaster, vandalism, falling objects, or animals—it is most likely covered by comprehensive insurance. Lenders may also require gap insurance, which covers the difference between what you owe on your loan or lease and what the vehicle was worth if it gets stolen or totaled.

Even if you’re not required to carry these optional coverage types, you may still need them. To learn more, check out WalletHub’s guides to dropping optional coverages and the penalties for driving without insurance in Michigan.

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