Auto Insurance Advice: The Coverage that an Insurance Lawyer Recommends
Steven M. Gursten, partner of Michigan Auto Law and No-Fault insurance lawyer, reviews insurance coverage that can protect you and your family in case of a car accident. He also explains his law firm’s $1,032 sweepstake giveaway for buying the right auto insurance.
Farmington Hills, MI (PRWEB) August 28, 2011
About 19 percent of all Michigan drivers have do not have auto insurance, according to a news release by the Insurance Research Council.
“If you’re in an auto accident with an uninsured driver, and you don’t have uninsured motorist coverage, you could lose everything” says Steven M. Gursten, an insurance lawyer and partner of Farmington Hills-based Michigan Auto Law.
Gursten is spreading the word about the importance of buying the right kind of auto insurance Ã¢” with a giveaway sweepstakes where the winner will receive a $1,032 check. Visit Michigan Auto Law’s Facebook page at Facebook.com/MichiganAutoLaw, and enter to win.
“The winner can use the money however he or she wants. But as a Michigan insurance lawyer, I hope the winner will use it to buy the right kind of auto insurance this year,” Gursten said.
Why $1,032? The Insurance Institute of MichiganÃ¢s December 2010 data states that the average auto insurance premium in Michigan is $1,032.02, Gursten noted.
Below is Gursten’s advice on additional insurance coverage that drivers can purchase along with their mandatory Michigan No-Fault insurance.
Uninsured/underinsured motorist coverage (UM/UIM): Underinsured motorist coverage provides a valuable source of legal recovery when someone is injured by another driver who is uninsured or does not have adequate insurance. With UM/UIM, an injured person turns to his or her own auto insurance company to pay what would have been recovered from the at-fault driver, had that person been properly covered.
Collision insurance: In most cases, No-Fault insurance does not pay for vehicle repairs from auto accidents. But collision coverage pays for repairs to a vehicle when it is damaged in a crash. There are three basic kinds of collision to choose from: limited, standard and broad form. These collision coverages have varying deductibles.
Comprehensive insurance: Comprehensive insurance pays for a car if it is stolen or for repairs if the vehicle is hit by a falling object, collides with an animal or is damaged in a fire, flood or by vandals.
Residual liability insurance Ã¢“ increased limits: An accident victim may be sued because of a motor vehicle accident. If this happens, an accident victim’s No-fault insurance policy will usually pay up to the amounts shown in the residual liability section. But courts sometimes award more than these amounts. If this happens, the accident victim would be responsible for paying the amount not covered by his or her insurance policy. That’s why many people buy higher limits if liability insurance, Gursten said.
Limited property damage liability insurance Ã¢“ mini tort: The Michigan No-Fault law protects insured people from being sued as a result of an auto accident, except for special circumstances. For car damage, a person can only be sued for up to $500 Ã¢“ if the person is 50 percent or more at fault in an accident which causes damage to another person’s car. This is called the Michigan mini tort law. But most insurance companies offer limited property damage liability insurance to cover this $500 liability.
“These insurance coverages provide more protection in case you are injured in a serious car accident Ã¢“ especially if that car accident is with someone who doesn’t have No-Fault insurance,” Gursten said. Ã¢Å“In some cities, such as Detroit, the number of uninsured drivers on the road is 50 percent. You’re truly playing Russian Roulette by driving without these important – and very inexpensive – coverages.Ã¢
Follow Michigan Auto Law on Twitter.
About Michigan Auto Law: Michigan Auto Law is the largest auto law firm in the state, with 18 lawyers exclusively handling car accident lawsuits and No-Fault insurance litigation. The firm has offices in Farmington Hills, Sterling Heights, Detroit, Ann Arbor and Grand Rapids. The attorneys at Michigan Auto Law have received the top-reported verdict for a car accident or truck accident case in 2008, 2009 and 2010, according to Michigan Lawyers Weekly. For more information or to speak with an insurance lawyer, call (800) 777-0028.
About Steven M. Gursten: Steven M. Gursten is recognized as one of the nationÃ¢s top insurance lawyers handling auto accident and truck accident injury cases. Gursten is president of the Motor Vehicle Trial Lawyers Association, and is also involved in several local and national organizations for attorneys helping auto accident victims and people with traumatic brain injury.
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