*Keyword: Michigan auto insurance

Michigan auto insurance is a no-fault insurance. Buying only the required minimum insurance will only have your insurer pay for the cost of injuries to people, including you, and the damages that your car have caused. The state’s minimum insurance requirement will not pay for the damages your vehicle will sustain.

To protect your vehicle against damages due to auto accidents, you must not only purchase the minimum Michigan auto insurance. You should also consider buying Collision coverage.

Michigan has three types of auto collision coverage. These are the Limited Collision Coverage, Standard Collision Coverage, and the Broad Form Collision Coverage.
• Limited Collision – If your vehicle has been damaged in an accident where you are found to be more than 50% at fault, your insurer will pay nothing. However, if the accident is less than 50% your fault, then your insurer will pay for the damages sustained by your vehicle but only to the cost of repair exceeding the deductible amount.
• Standard Collision – Whether you are more than 50% at fault or less, your insurance company will pay for the damages sustained by your vehicle exceeding the deductible.
• Broad Form Collision – If you are more than 50% at fault of the incident, your insurer will pay for vehicle’s damages but only the amount exceeding the deductible. However, if you are less than 50% at fault, your insurer will pay for all damages to your vehicle including that of the deductible.

(Deductible is the amount that you have to pay first for the costs of damages your vehicle have sustained. Purchasing collision coverage with higher amount of deductible will result to lower insurance premiums to pay.)

Including or excluding collision coverage in your Michigan auto insurance policy is your prerogative. But if you choose not to buy collision coverage, then it must be made clear to you that your insurance company will not pay for any cost of damages your vehicle might incur.