Michigan Settlement Agreement Auto Accident

State:
Multi-State
Control #:
US-0062-WG
Format:
Word
Instant download

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Settlement Agreement Auto Accident
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FAQ

Your no-fault insurance DOES NOT pay for repairs to your car if it is damaged in an accident. If your car is properly parked and hit by another car, the other driver's no-fault coverage will pay for the damage to your car.

If the at-fault driver who damaged your car was insured at the time of the crash, you can only sue for up to $3,000 even if your vehicle is totaled. This is known as the Mini-Tort law.

Michigan. The average settlement amount for a neck or back injury in Michigan is $462,900, and the median amount is $320,000. The largest amount found was a $1,5 million arbitration award paid to a mentally disabled victim after an accident involving a special transportation bus.

There is no specific limit to how much compensation a plaintiff can seek in a car accident lawsuit.

There is no set formula for how to calculate these damages after a crash. It depends on the facts of each case. Factors include a person's injuries, impairments and how a person's general ability to lead his or her normal life has been affected. There is no monetary cap on these damages.

Your no-fault insurance DOES NOT pay for repairs to your car if it is damaged in an accident. If your car is properly parked and hit by another car, the other driver's no-fault coverage will pay for the damage to your car.

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Michigan Settlement Agreement Auto Accident