However, there are times when a company may refuse to insure it. Michigan, like most states, requires drivers to have at least a minimum amount of car insurance to drive legally. If you are caught driving without insurance in Michigan, you may face charges, loss of your license, and even jail time. If you can't drive your car because of a covered loss, this coverage helps pay for a car rental or other transportation expenses so you can get back on the road.
Michigan car insurance laws and requirements apply even if you don't “own” a car or truck in the conventional sense, such as if you only rent the car or van or borrow it for an extended period (which may or could exceed 30 days). Although car insurance in Michigan is more expensive than average, there are providers that are known to offer more reasonable rates. Not having car insurance in many states can make you a high-risk driver when buying car insurance. The terms, definitions and explanations of insurance are for informational purposes only and do not replace or modify in any way the definitions and information contained in the individual pages of contracts, policies or insurance statements, which are decisive.
If this happens, PIP and PPI coverages help pay for the expenses incurred in the accident in advance, and your insurer will work with the at-fault party's insurance company to cover the damages. Some car insurance qualifying factors, such as your driving history, can significantly affect your insurance costs. The consequences of driving without insurance exceed the monthly insurance premium and may result in the following penalties. In some states, your vehicle can be towed and you can't claim it until you present proof of insurance.
If you have a car accident, no-fault insurance will reimburse you for medical or hospital expenses, wage losses due to incapacity to work, and, if necessary, funeral expenses. All insurance products are governed by the terms of the applicable insurance policy, and all related decisions (such as coverage approval, premiums, fees and charges) and policy obligations are the sole responsibility of the insurance insurer.