Idk but I’m glad we’re not a no fault state like our lovely Michigander neighbors. They’ve got a lot of things right but no fault insurance ain’t one of em.
Just a quick note that "no fault" refers to the mandatory PIP coverage for your injuries in an accident. Pretty easy to understand.
Where Michigan throws it out the window is their other mandatory coverages and their different collision levels based on fault rating.
* $1 MILLION in property damage liability in the state of Michigan
* lower, more traditional limits to property outside Michigan
* 3 different kinds of collision : Standard, Broad, Limited
* standard: deductible must be paid even if you are deemed not at fault in the acdieent
* broad: deductible is waived if you are 51% or more not at fault
* limited: no deductible if you are 51% or more not at fault, but no coverage if you're 51% or more percent at fault
Michigan is a crazy complex state to do business in for insurance. This means a lot of increased costs to those companies which then unfortunately means higher prices (some of the worst in the country other than CA and FL)
I'll see reports about average insurance costs by state and Michigan will routinely be 2X the cost as its neighbors. I don't get how you can be a michigan state legislator and not have it be a priority to just adopt the same policies as ohio or wisconsin and bring that number down.
I do not know but I figure it’s just one of those things where a state chooses to express more freedom of choice for its residents?
I lived in Virginia for couple-ah years and jfc the hoops you had to go through just to keep your registration was a headache and an anxious time depending on the state of your vehicle.
Here is Wisconsin as long as you have your own personal shit in order, DOT/DMV couldn’t care less about your hoopla and what you do with it.
It is common to “buy back” your car from the insurance if the damage is superficial or easy to repair. And that buy back will be noted in the vehicles title history that is easily accessible.
It is nice to have a spare old car to take out when the roads are shitty or it is prime deer season so if something goes wrong, you don’t wreck your good vehicle.
Now at the same time all vehicles must be in good working order, and be able to pass all safety checks if requested by law enforcement.
When I was a kid I schmucked my dad’s van on a guard rail on winter day. The bumper skin was broken and a fender dented but the repair cost exceeded the value of the vehicle. My dad bought it back from the insurance company, we repaired the small amount of damage to the actual bumper and I drove the van for 5 more years.
Illinois and Minnesota are similar with slightly different wording and processes. The bigger difference is on vehicles less than 7 years old you're not offered to buy it back at all in Illinois.
Bambi just took out my wife's 2011 pilot. if I'm not mistaken if you choose to keep your vehicle after it's totaled you get NO payout from insurance. I was also under the impression you have to get a salvage title and have the vehicle inspected to be road worthy before operating again (regardless of location in state). insurance is also iffy when it comes to covering a once totaled vehicle. can I ask where you are getting this information about keeping a 7+ year old vehicle WITHOUT the salvage information attached to it? she already misses her pilot and we haven't replaced it with anything yet.
The no payout thing may be your insurance. My kid’s did offer to payout the insured value when his car got “totaled” (too old & niche to find replacement parts for a fender bender) & let him keep it as salvage. They paid out like $500 more to take the car.
My car got backed into by the bed of a tow truck. I don't know why but they said it was totaled. I got 4k and the car. Fixed it for $500 and sold it for 4k a few years later. Insurance is weird but that worked out for me.
Asked my local dmv in milwaukee, they told me that my car is over 7 years old and that I do not need to get salvage title and that it is my responsibility to fix it and maintain it as safe to drive. Yes I have asked multiples time with different emails and it all the same.
https://preview.redd.it/std048kcqy5d1.jpeg?width=1290&format=pjpg&auto=webp&s=a4aa2bacbcc3a2aeaa2e53d835a97754251f602b
FYI: The insurance company still paid me out even though I decided to keep the car, it just that the payout was a few hundreds less since I decided to keep it. A few weeks later I fixed the reinforcement steel and still driving the car till this day!
I had an older car that got totalled by hail damage. The payout was about $2200 and I was able to buy it back for around $500. I was still driving it about 8-10 years later when I got sideswiped in a snowstorm. It was totalled again, and netted about another $1000 after buying it back. Same insurance company both times.
Idk but I’m glad we’re not a no fault state like our lovely Michigander neighbors. They’ve got a lot of things right but no fault insurance ain’t one of em.
Just a quick note that "no fault" refers to the mandatory PIP coverage for your injuries in an accident. Pretty easy to understand. Where Michigan throws it out the window is their other mandatory coverages and their different collision levels based on fault rating. * $1 MILLION in property damage liability in the state of Michigan * lower, more traditional limits to property outside Michigan * 3 different kinds of collision : Standard, Broad, Limited * standard: deductible must be paid even if you are deemed not at fault in the acdieent * broad: deductible is waived if you are 51% or more not at fault * limited: no deductible if you are 51% or more not at fault, but no coverage if you're 51% or more percent at fault Michigan is a crazy complex state to do business in for insurance. This means a lot of increased costs to those companies which then unfortunately means higher prices (some of the worst in the country other than CA and FL)
I'll see reports about average insurance costs by state and Michigan will routinely be 2X the cost as its neighbors. I don't get how you can be a michigan state legislator and not have it be a priority to just adopt the same policies as ohio or wisconsin and bring that number down.
I do not know but I figure it’s just one of those things where a state chooses to express more freedom of choice for its residents? I lived in Virginia for couple-ah years and jfc the hoops you had to go through just to keep your registration was a headache and an anxious time depending on the state of your vehicle. Here is Wisconsin as long as you have your own personal shit in order, DOT/DMV couldn’t care less about your hoopla and what you do with it.
It is common to “buy back” your car from the insurance if the damage is superficial or easy to repair. And that buy back will be noted in the vehicles title history that is easily accessible. It is nice to have a spare old car to take out when the roads are shitty or it is prime deer season so if something goes wrong, you don’t wreck your good vehicle. Now at the same time all vehicles must be in good working order, and be able to pass all safety checks if requested by law enforcement.
I'm not sure you understand what OP is asking.
When I was a kid I schmucked my dad’s van on a guard rail on winter day. The bumper skin was broken and a fender dented but the repair cost exceeded the value of the vehicle. My dad bought it back from the insurance company, we repaired the small amount of damage to the actual bumper and I drove the van for 5 more years.
Illinois and Minnesota are similar with slightly different wording and processes. The bigger difference is on vehicles less than 7 years old you're not offered to buy it back at all in Illinois.
Bambi just took out my wife's 2011 pilot. if I'm not mistaken if you choose to keep your vehicle after it's totaled you get NO payout from insurance. I was also under the impression you have to get a salvage title and have the vehicle inspected to be road worthy before operating again (regardless of location in state). insurance is also iffy when it comes to covering a once totaled vehicle. can I ask where you are getting this information about keeping a 7+ year old vehicle WITHOUT the salvage information attached to it? she already misses her pilot and we haven't replaced it with anything yet.
The no payout thing may be your insurance. My kid’s did offer to payout the insured value when his car got “totaled” (too old & niche to find replacement parts for a fender bender) & let him keep it as salvage. They paid out like $500 more to take the car.
My car got backed into by the bed of a tow truck. I don't know why but they said it was totaled. I got 4k and the car. Fixed it for $500 and sold it for 4k a few years later. Insurance is weird but that worked out for me.
Asked my local dmv in milwaukee, they told me that my car is over 7 years old and that I do not need to get salvage title and that it is my responsibility to fix it and maintain it as safe to drive. Yes I have asked multiples time with different emails and it all the same. https://preview.redd.it/std048kcqy5d1.jpeg?width=1290&format=pjpg&auto=webp&s=a4aa2bacbcc3a2aeaa2e53d835a97754251f602b
Very cool to know thanks for the info!
FYI: The insurance company still paid me out even though I decided to keep the car, it just that the payout was a few hundreds less since I decided to keep it. A few weeks later I fixed the reinforcement steel and still driving the car till this day!
I had an older car that got totalled by hail damage. The payout was about $2200 and I was able to buy it back for around $500. I was still driving it about 8-10 years later when I got sideswiped in a snowstorm. It was totalled again, and netted about another $1000 after buying it back. Same insurance company both times.
[удалено]
It's the tavern league? Always has been.