Auto Insurance PIP Form — Option 6: PIP Coverage Waived | Mason-Mc-Bride

Mason-Mc-Bride explains what the Personal Injury Protection (PIP) portion of your Michigan no-fault auto insurance covers. This video also explains what you need to do with the new PIP election form if you choose Option 6 — PIP Coverage Waived (named insurance is enrolled in Medicare, BOTH Parts A & B).

Changes to Michigan auto insurance took effect in July 2020, and now Michigan drivers can select the PIP coverage limits they want.

As of July 2020, Michigan drivers may choose from the following PIP insurance options:
Option 1 — Keep Unlimited PIP Coverage (what all Michigan drivers had before no-fault reform)
Option 2 — Limited PIP Coverage of $500,000
Option 3 — Limited PIP Coverage of $250,000
Option 4 — Limited PIP Coverage of $250,000 (with some or all persons excluded from PIP medical)
Option 5 — Limited PIP Coverage of $50,000 (named insured is enrolled in Medicaid)
Option 6 — PIP Coverage Waived (named insured is enrolled in Medicare BOTH Parts A & B)

Also, feel free to contact us with your questions and concerns, as our Personal Lines team stands ready to serve you through these Michigan auto reform changes and remain your trusted advisor.

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D I S C L A I M E R
∙ The information, examples, and suggestions presented in this video have been developed from sources believed to be reliable, from a variety of sources including industry, regulatory and legislative. They should not be construed as legal or other professional advice.

∙ This material is for illustrative purposes and is not intended to constitute a contract. This material is presented for educational purposes only.

∙ Please consult your specific insurance contract for actual terms, coverages, amounts, conditions, and exclusions.


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