Picking up where we left off in last week’s “Know the Law” segment, Grand Rapids car crash lawyer, Tom Sinas, provides a basic refresher on auto liability. Now well into our first year following Michigan’s recent auto no-fault overhaul, this information is especially important to understand as we enter into a new era of increased liability for all Michigan drivers.
Sinas said it is easy to confuse the two. No-fault coverage and coverage being the things that people buy to protect themselves from things like medical expenses and lost wages so that's the no- fault side, on the other side of the coin is this thing called liability coverage. This is coverage that you purchase to protect yourself financially in-the-event that you cause a crash and injure someone else. So let's say you and someone are involved in a crash and heaven forbid, it's your fault. You both would turn to your no- fault coverage for medical expenses at least initially and maybe our lost wages. However, the person that caused the might get a claim against them and that’s called a liability claim. So, hopefully, you, the person who caused the crash, purchased enough liability insurance coverage to protect yourself financially from the claim that you may have against you.
Listen to hear more about this very important topic. For more information, reach out to Tom and his team sinasdramis.com.
Know the Law is sponsored by Sinas Dramis Law Firm.