Web32 rows · Sep 8, 2024 · Michigan. $50,000 bodily injury liability per person $100,000 bodily injury liability ... WebThese amounts have been increased under the new law. The new default BI/PD coverage limits are: Up to $250,000 for a person who is hurt or killed in an accident. Up to …
Bodily Injury Liability Insurance: What You Need To Know
WebJun 17, 2024 · These new Bodily Injury Liability choices will have little impact on commercial automobile policyholders. This is because most commercial automobile policies for businesses have a $1,000,000 CSL limit. Many businesses also have written contracts with vendors which require the business to carry a minimum of $1,000,000 bodily injury … WebJul 2, 2024 · We recommend everyone carry the highest limits you can afford, however, at minimum, you should have the following limits of Liability coverage: Residual Bodily Injury – $250,000 Per Person / $500,000 Per Occurrence. Property Damage – $250,000. Uninsured Motorist Liability – $250,000 Per Person / $500,000 Per Occurrence. meibomian cyst dog natural treatment
Bodily Injury Claims Under Michigan’s No-Fault Law
WebNo-fault will pay up to $1 million for damage your car does in Michigan to other people’s property, such as buildings and fences. It will also pay for damage your car does to another person’s properly parked vehicle. It does not pay for any other damage to cars. 3. Residual Liability Insurance -Bodily Injury and Property Damage (BI/PD) WebStarting July 2, 2024, Michigan law says you need bodily injury liability insurance with limits that provide coverage of $250,000 if you cause a car accident that results in someone being hurt or death to one person … WebJul 11, 2024 · Bodily injury liability insurance usually has two separate coverage limits: a per-person limit and a per-accident limit. These limits are often shown as a series of … nanton health clinic