Auto Insurance in Michigan
What Auto Insurance Options are Available?
When it comes to Auto Insurance, there are a lot of different options out there to consider. The High Favor Insurance Agency in Royal Oak, MI is your best option for auto insurance with many types to choose from. Having insurance on your automobile is a requirement in all states and Michigan is no different. We will cover several different types of coverage and the requirements for Michigan below.
Every licensed driver in Michigan is required by law to have some form of insurance coverage on their automobile. Michigan is one of the rare states to have a “no-fault auto insurance” system in place. Eleven other states also have no-fault auto insurance. These states are Puerto Rico (US Territory), Utah, Pennsylvania, North Dakota, New York, New Jersey, Minnesota, Massachusetts, Kentucky, Kansas, Hawaii, and Florida. The term “No-Fault Insurance” means that both drivers who are involved in an accident file claims with their personal insurance company.
Michigan is also a “limited tort” state, meaning that a party can only sue another party in an accident claim only if it meets certain conditions. No-Fault Insurance was created to keep small claims and fender-bender claims from filling up Michigan court dockets and to keep those exchanges between insurance companies.
Collision Insurance handles damage to your car in an accident which you are at fault and has three kinds to choose from: standard, broad form, and limited. Both Standard and Broad Form are similar except that Broad Form’s deductible is only applied if you are at-fault (over 50%). Comprehensive Insurance covers you in non-driving situations such as theft, and it also covers repairs due to an “act of God” and vehicle/animal collisions (Michigan is one of the highest states in car/deer collisions), and vandalism.
The High Favor Insurance Agency has many years of experience in the Auto Insurance field and has agents that can work with you on getting reliable coverage and fair rates. You can visit us in Royal Oak, MI or call us anytime to get a quote on your auto insurance. We’ll work with you on your insurance needs and requirements as no two client situations are the same. Check out the High Favor Insurance Agency today and get protection for your automobile!