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Michigan's new auto insurance reform law goes into effect July 2, 2020 and will affect everyone at renewal. Policyholders will be required to sign new PIP medical coverage form at renewal and every renewal thereafter. You also will be required to sign Bodily Injury liability coverage limit form for any coverage selected lower than $250,000/$500,000 at renewal and every renewal thereafter. If you are paperless, your carrier will require you to log-in to digitally sign these forms. Please contact Tammy Selden at 616-393-4977 or firstname.lastname@example.org to set up an appointment to discuss your options and for her to help you clarify any questions.
If forms are not returned to your carrier before renewal, your carrier will be forced to offer renewal at unlimited medical (same coverage that you have now) and bodily injury limits will be adjusted to $250,000/$500,000. Please try to have forms submitted at least 20 days in advance of your renewal date.
A good link with detail description of what is change has been provided by Wolverine Mutual Insurance.
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Homeowners insurance protects you from financial losses caused by storms, fire, theft, and other events outlined in your policy. Carrying the right amount of coverage is essential to protecting your family and belongings.
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