Visit this page for Michigan Auto Reform Information
Many changes are coming to Auto Insurance and what coverages you have now compared to what you have as of your next renewal. As an agency we are here to help you with these changes. Please feel free to contact us to discuss what is available and what the changes mean to you. Here are a few items that are being affected:
Personal Injury Protection (PIP) coverage - everyone had UNLIMITED previously, you can still purchase UNLIMITED but there are other options also
Liability coverage - default limit will be $250,000 per person / $500,000 per occurrence other limits are available
It may also be a good idea for you to consider purchasing an umbrella policy if you don’t currently have one.
Michigan No-Fault Law – Update on New Legislation
Michigan Senate Bill No. 1 and House Bill No. 4397 were passed and put into effect on June 11, 2019. These changes impact your current policy. Please be aware of these changes in coverage:
Drivers or occupants of private passenger automobiles and pedestrians are no longer provided Personal Injury Protection (PIP) through our named insured’s policy unless they are:
1. A Named Insured
2. The named insured’s spouse, or
3. A resident relative of either
Instead, if they are a Michigan resident, they will be afforded PIP benefits through the Michigan Assigned Claims Plan (MACP) with a limit of $250,000. T h i s i n c l u d e s drivers, other than spouses, who reside outside of the named insured’s residence, pedestrians/bicyclists & passengers who are not a Named Insured or Resident Relative, and unrelated household members
Please call our office if you have any questions or need to make changes on your policy, 517-337-6000
Hacker-King-Sherry Agency Inc. – Abbott Insurance Agency – 2205 Abbot Rd, East Lansing, MI 48823
IMPORTANT NOTICE REGARDING YOUR NO-FAULT COVERAGE
June 11, 2019 changes to Michigan N-Fault Insurance Laws impact your policy. If any of the following apply to you, your policy may provide limited or no coverage in the event of a loss.
• Are there any drivers listed on your policy that do not reside with you
• Are there individuals domiciled in your home who are not related to the named insured on your policy (Regardless of whether they are named as a driver on your p o l i c y )
• Are there individuals who reside with you that you have not disclosed
• Does anyone that is not listed as a driver on your policy have regular use of any of your vehicle (regardless of where they reside)
• Are there co-titled holders on any of your insured vehicles that you have not properly disclosed
• Are any of your vehicles used for business purposes or for a company such as Uber or Lyft
BELOW ARE SEVERAL DOCUMENTS THAT CAN HELP EXPLAIN ITEMS IN MORE DETAIL
HKS PERSONAL UMBRELLA BROCHURE — We as an agency are recommending that everyone really consider purchasing an umbrella policy to make sure you have enough liability coverage in the case of a lawsuit.
WHO PAYS FIRST - Medicare & Other Health Benefits
BELOW ARE DOCUMENTS THAT ARE SPECIFIC TO MANY OF OUR INSURANCE CARRIERS
Feel free to check back to this page - more items will be added as we receive them. And as always if you have any questions or need further information, please contact our office at 517-337-6000. Thank you.