Auto Insurance in Canton, MI – An Overview Dec28

Auto Insurance in Canton, MI – An Overview...

Accidents can happen at any time and insurance coverage will shield you on that fateful day by covering many of your losses and protecting you from financial and emotional ruin. Michigan has a minimum no-fault insurance coverage that all motor vehicle owners must adhere to in order to avoid lawsuits and fines in case of accidents. This no-fault insurance coverage has seen insurance premiums rates spiral in the last few years but they also have the advantage of shielding you from costly civil lawsuits. The no fault insurance coverage will assure accident victims of compensation irrespective of whether they caused the accident or not. It has two major requirements namely the personal injury protection insurance policy and the property protection coverage. The former mainly deals with coverage of medical bills and rehabilitation costs and is paid out over a three year period after the accident. It is unlimited. With the property protection insurance policy requirement, you will be covered for any property damage during an accident including the car, damage to walls, fences or houses and it is capped at $1 million. Other minimum auto insurance requirements in Canton, MI that you will have to purchase include property damage liability that offers you coverage of up to $10,000 for any property damage caused during an accident. The bodily injury liability will entitle you to a limit of $20,000 per person during an accident or $40,000 per accident. Motor vehicle owners can also shop for additional auto insurance coverage if they feel the minimum no-fault auto insurance coverage is insufficient. There are many auto insurance companies in Canton, MI that vehicle owners can choose from. Using your ZIP code, it is very easy to find the insurance companies located close by where you can request...