for accidents that take place in-state, drivers in Michigan are required to have $1 million of property damage coverage, more than 55 times the national average. It’s no surprise, then, that Michigan is among the top two when it comes to the average cost of car insurance. ...
The at-fault driver’s insurance carrier will absorb these losses, up to policy limits; but after that, it comes straight out of the pocket of the at-fault driver for bodily injury, vehicle damage, etc. This is the most common and much more straightforward system compared to the “no-...