What Will Happen If Michigan No-Fault Law Disappears?

Bills are being put through the Michigan Legislature that would eliminate the requirement of Michigan No-Fault Law. This is a much debated topic, but what would this do to residents of our State? First of all, you must realize Michigan is the only state with required No-Fault Law in place, and it is by far the best law for protecting the rights of injured drivers unfortunate enough to sustain serious injuries. It provides lifetime medical coverage among other things if you have suffered some sort of castastropic or serious brain injury. The plans that will be accessible after no-fault law is taken away just aren't sufficient to cover associated bills for a lifetime. Instead injured motorists will likely default to medi-caid and taxpayers will be responsible for the gap or shortfall.

The reasoning behind the change is that Insurance costs in Michigan are too high and this No-Fault law is the reasoning way. I even read an article stating this was causing insolvency to The Michigan Catastrophic Claims Association and as a result making this plan unprofitable for insurance companies.

In case you didn't know, the unlimited cap that is now in place costs drivers an extra $140 per year. I gladly pay this fee every year knowing that if I get in a catastrophic accident, my bills will be paid and I get the medical attention and compensation to live out the rest of my life. With the amount of poor drivers on the road, you never know if you will be in a serious accident or not. Most people assume it could never happen to them. Well, it does. Without a required no-fault law, I suspect most drivers will downgrade to the lowest plan available because it is the cheapest. The insurance companies are behind this legislation and believe me, they don't have your best interest at heart, they see dollar signs.

The Michigan Auto Accident Attorneys at The Clark Law Office have been handling all types of car, truck, and motorcycle cases in Michigan for over 30 years. If you are in need of a Lansing Car Accident Lawyer please give us a call today. Free Consultation at (517) 347-6900.