Key Points of This Article: When a person is negligent for causing a motor vehicle accident, their car insurance company is responsible for compensating the victim for his or her injuries. If opening a medical claim with State Farm, injured persons should be aware that the company’s goal is to pay out the least amount […]
Michigan No-Fault Maximum Benefit Increases On October 1, 2018, the Department of Insurance and Financial Services (DIFS) issued Bulletin 2018-19-INS, which changed the monthly maximum Michigan auto insurance carriers must pay for both wage loss and survivors’ loss benefit claims. For Michigan motor vehicle accidents that occur between October 1, 2018 to September 30, 2019, […]
Maximum Wage Loss Benefit Has Been Raised The monthly cap on wage loss benefits increased at the beginning of this month. This rule effects Michigan no-fault PIP cases and individuals entitled to wage loss benefits. As required under Michigan law, specifically Administrative Rule 500.811, the statutory adjustment was applied and the new maximum wage loss […]
Michigan No-Fault Law – Maximum Wage Loss MCL 500.3107(1)(b) provides that where an injured victim cannot work as a result of an auto accident, work loss benefits are payable for up to a maximum of three years. The statute defines work loss benefits as compensation for “loss of income from work an injured person would […]
Do I have to file taxes to receive wage loss benefits under the Michigan No-Fault Law? One of the pillars of the Michigan no-fault law is the wage loss benefit. Under the law, a person injured in a car or truck accident, or a motorcycle accident that involves a car or truck, is eligible to […]
The Michigan Department of Insurance and Financial Services increased the maximum amount of Michigan wage loss benefits payable under the Michigan no-fault law. Beginning October 1, 2015, the monthly maximum a car insurance company is obligated to pay per 30-day period is $5,398. This amount is for Michigan auto accidents that occur between October 1, 2015 […]
