What are the minimum liability insurance requirements for auto insurance in Michigan?

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In Michigan, auto insurance laws require all drivers to carry a minimum amount of liability coverage. The minimum required limits for bodily injury liability are $50,000 per person and $100,000 per accident, and for property damage, the minimum is $10,000. If you're driving without at least these coverages, you could face fines and potentially something even more severe like a license suspension.

Now, while these are the state minimums, it’s important to know that they might not be enough if you’re involved in a serious accident. Medical bills and legal expenses can quickly exceed these amounts, and anything beyond your insurance limits would come out of your pocket.

That’s why many insurance companies and agents, including myself, recommend starting at least $250,000 per person and $500,000 per accident. Commonly referred to as 250/500. And for property damage at least $100,000 but many people do prefer to start with $250,000 for that limit as well.

If you choose lower limits than 250/500, you'll actually need to sign a form, for both the insurance company and agency to keep on file, confirming that you're okay with selecting the lower limits.

So while higher liability limits might seem like an extra cost, they can actually save you a lot of money in the long run if you're involved in a costly accident. It’s about making sure you’re properly protected.

Last, it’s also worth noting that depending on factors like your driving history, claims record, and even the type of vehicle you drive, your liability coverages can actually be some of the less expensive coverages on your policy.

Overall, increasing your limits may not cost as much as you think, and it can give you much better protection in case you are ever involved in a serious and expensive accident.

Learn more: http://www.yourmichiganinsurance.com/...

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**DISCLAIMER: THIS IS NOT LEGAL ADVICE. USE AT YOUR OWN DISCRETION. THIS VIDEO INCLUDES MICHIGAN INFORMATION ONLY.