I've been an Insurance customer for over 10 years now and everything about you guys is convenient and accessible average auto insurance rates in pa. Even when we moved to another state, the switch over couldn't have been easier. Already a print edition subscriber, but don't have a login? Activate your digital access. These benefits, however, are capped at a monthly total of $4,929 per month . Therefore, if your medical costs are particularly high or you had a high-paying job before your accident, your insurance company may not be required to pay every dime you've lost, if some of that money would push your monthly benefits above the $4,929 limit.
So, a single injury can cost millions of dollars. MCCA reimburses insurance companies for these large losses after they reach a certain threshold, currently at $545,000. Then companies have to pay an assessment to cover what MCCA paid out for claims. Finally, this cost is passed on to all policyholders. In other words, the MCCA charge is your share of the cost for catastrophic injuries resulting from traffic accidents.
michigancatastrophic.com. Personal Injury Protection coverage applies to accidents occurring throughout the United States and Canada insurance auto auctions in nigeria. It covers you and your family while riding in any car and as pedestrians.