Back to the RadioSpace™ home page
NewsDirect story topics:
Consumer, Business & General Interest
Current Events & Public Affairs
Entertainment & Sports
Health & Medicine
Even though Reforms to 'No-Fault' Auto Insurance in Michigan Have Taken Effect, Drivers Should Understand Their Options before Making Any Decisions
Fully produced report in:
MP3 format
Ogg
Vorbis format
QuickTime
(MPEG-4/AAC) format
Windows Media Audio
9.2 format
(63 seconds)
-- How Will You Use This Story? --
(OPEN):
MICHIGAN'S REFORMS TO "NO-FAULT" AUTO-INSURANCE ARE NOW IN EFFECT.
AND, AMONG OTHER THINGS, DRIVERS--THROUGHOUT THE STATE--HAVE NEW OPTIONS, WHEN IT COMES TO THEIR
"PERSONAL INJURY PROTECTION" MEDICAL-COVERAGE. KEVIN
GAMBLE, OF "STATE FARM", SAYS THAT MANY DRIVERS WILL SAVE MONEY ON THEIR
"P-I-P"-COVERAGE--BUT SHOULD STILL TALK WITH AN AGENT, BEFORE MAKING ANY DECISIONS...
(GAMBLE):
"SINCE 19-73, ALL MICHIGAN-DRIVERS WERE REQUIRED TO HAVE UNLIMITED
'PIP'-COVERAGE. BUT, WITH THESE 'NO-FAULT' REFORMS, THEY CAN NOW EITHER KEEP THAT EXISTING
LEVEL--OR CHOOSE ONE OF FIVE OTHERS--BASED ON THEIR OWN PROTECTION-NEEDS.
BEFORE DECIDING WHETHER TO MAKE A CHANGE, THOUGH, DRIVERS SHOULD FIRST UNDERSTAND THAT SOME OF THESE NEW LEVELS OF
'PIP'-COVERAGE HAVE SPECIFIC ELIGIBILITY-CRITERIA--AND THAT THE DIFFERENT LEVELS CAN INVOLVE ADDITIONAL COSTS.
ALSO, DRIVERS ARE NOW REQUIRED TO CARRY HIGHER STATE-MANDATED MINIMUM BODILY-INJURY COVERAGE-LIMITS. STILL, THE AUTO-REFORM LAW WILL LEAD TO LOWER COSTS FOR
'PIP'-COVERAGE--THROUGHOUT MICHIGAN."
(CLOSE):
TO LEARN MORE, TALK TO A
"STATE FARM"-AGENT--OR VISIT "STATE-FARM"-DOT-COM.
