What is a No-Fault State?

what is a no fault state mean

Article Updated June 1, 2023 – Currently, there are 12 no-fault states in the U.S. These include Florida, Kansas, Hawaii, Massachusetts, Minnesota, Michigan no fault insurance, New Jersey, New York, North Dakota, Pennsylvania, Kentucky and Utah . If you live in a no-fault state, it means that a driver has to first file a claim with their own insurance company if they’re in an accident. Every state sets its own laws as far as who pays for an accident. Sometimes when there’s an accident involving two parties, the goal isn’t…

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Michigan insurance industry is having a hard time filling job postings

Michigan insurance industry jobs application form

Insurers in the state are continuing to open positions in their companies, but workers aren’t there to fill them. The Michigan insurance industry is all set to open up a range of new jobs over the next few years. However, it is already facing a considerable challenge in their effort to fill the positions as insurance companies compete to attract talent. This was among the primary findings in a study conducted by Ferris State University researchers. The university’s insurance, actuarial and risk management student team surveyed companies in the Michigan…

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Michigan health insurance premiums are getting cheaper

michigan health insurance

While rates have been on the rise across the country, residents of this state are staying affordable. According to the results of a recent study, Michigan health insurance rates are actually going to experience a small decrease in 2017, despite the fact that many other states across the country are watching their premiums grow increasingly expensive. This year has been relatively volatile in the ACA’s insurance exchanges, but that is not the case in Michigan. The Michigan health insurance premiums are not only remaining below the national average, but they…

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Auto insurance premiums expected to rise in Michigan

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Some 2 million drivers throughout the state may see higher rates Drivers in Michigan are likely to see higher auto insurance premiums this year. Some 2 million people could see a $40-a-year increase, unless a tax credit that benefits insurers is repealed. Governor Rick Snyder has proposed repealing the tax credit as part of his 2016-2017 budget proposal. Doing so would secure more funding for the state’s general fund and may be able to ensure that drivers do not pay higher rates for their coverage. Insurers are being reimbursed for…

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Michigan drivers can soon show proof of auto insurance with their phones

Michigan Auto Insurance rates

Governor Snyder signs legislation to make showing proof of insurance more convenient Drivers in Michigan will soon be able to show proof of their auto insurance coverage using only their smartphones. Governor Rick Snyder has signed new legislation that makes this possible, noting that the goal of the legislation is to make everyday life easier for consumers that operate vehicles. The law itself is set to go into effect in three months. Before then, consumers will still need to provide physical proof of their auto insurance coverage. Officers will be…

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