If you’ve been involved in a car accident and suffered serious injuries, it’s obviously important that you prioritize your own healing over everything else. The medical treatment that you have needed to seek as well as additional damages such as lost wages and material damages may, however, be straining your finances and creating additional tension and stress in your life.
This is why you should also look into your options for gaining compensation within a reasonable time frame. To do this, you will first need to have a good understanding of the law in your state regarding car accident compensation. The following is an overview of car accident compensation laws in Michigan.
The statute of limitations in Michigan
You don’t need to take action to file a claim as soon as the car accident occurs, but you must make a claim within three years for most personal injury and property damage lawsuits.
The limits on damages
There are limits to the amount of non-damages that you can gain back. These are updated every year in Michigan and depend on how serious the non-economic damages are. There is also a $1,000 cap on vehicle damage claims.
The no-fault system
Michigan follows a no-fault system when it comes to car accident compensation. This means that you will not have the burden of proving who was at fault in order to claim back damages for the accident. Your insurance will cover economic damages regardless of fault.
However, some damages are not covered by the no-fault system. When damages go beyond the no-fault system, Michigan follows the modified comparative negligence rule. This means that you can only recover damages if you were not more than 50% at fault for the accident.
It’s important that you claim back damages after a car accident so that you do not suffer financially in addition to physically and emotionally. Make sure that you take action in good time to claim the damages that you deserve.
