Introduction for Standup Comedy on several types of car insurance and why each state thinks it’s funny to change the price of insurance.
Each state requires that for one to register and drive a car, he or she should have a minimum level of certain types of auto insurance coverage. Michigan is not an exception of the same as it is a no-fault state. This means that if you have an auto insurance, no-fault insurance pays for the damages with no consideration to the cause of the accident. Some of the minimums that are part of the no-fault insurance include;
l Bodily injury to others – these ranges from twenty thousand to forty thousand US Dollars per accident
l Property damage liability – this costs ten thousand US Dollars per accident.
Many people however opt to go for the higher amounts of the auto-insurance coverage in preference to the state minimum so as to protect themselves.
Importance of insuring your vehicle from a stand up comedian:
The law of Michigan requires that one obtains a no-fault insurance. This means that if you and your family is involved in an auto accident and is injured, then your auto insurance provides for coverage as it will pay unlimited medical and rehabilitation expenses. In addition to that, the auto-insurance will provide for wage loss benefits and up to twenty dollars daily for replacement services which run for up to three years. This security is the main reason as to why you should insure your vehicle.
Why to choose a certain MI auto insurance company
The choice of auto-insurance company depends on the auto-insurance coverage that they provide. A no-fault policy entails three basic parts that have to be purchased and carried on every vehicle. These include;
l Personal injury protection – this part covers and pays for all reasonable and necessary medical expenses that come as a result of an auto-accident. These include wage loss together with replacement services for up to three years.
l Property protection – this is the second part that pays up to a million dollars for the damage that your vehicle causes to other people’s property which include fences and buildings.
l Residual bodily injury and property damage liability – this last part pays up to the limits of the policy including your defense cost and any other damages that you are found reliable for as the result of an auto accident in which someone was seriously injured or even killed.
Benefits of full coverage auto-insurance
Full coverage auto-insurance and for the best auto insurance in michigan is a very necessary protection that you should have in order to be protected in the event of a serious accident. Having this type of auto-insurance cone with great advantages which include;
l Financed cars – if you are an owner of a financed car or a new car, many banks will require that you keep full coverage auto insurance until the car is paid off. If anything happens to the car, the full coverage auto insurance is the ones responsible as they will generally pay off the car for you.
l Who it covers – all drivers who are legally allowed to drive while in your car will be covered by the full coverage insurance. Furthermore, if you loan out your car or if it is taken without your permission, the insurance is still on the car.
l Car rental services – most of the insurance companies provide a complementary rental car if your car is expected to take more than a day to repairing given that you have full coverage insurance.
It is very necessary for you to obtain auto insurance for your car and most specifically the full coverage auto insurance coverage. This is because there are several benefits that accompany the coverage. On top of that, you also have to consider purchasing some of the extra or optional auto insurance coverages.