Michigan is in second place and is the only state that guarantees unlimited lifetime personal injury protection (PIP) benefits for treatment of injuries from a car accident. Since PIP is required by all car insurance customers, Michigan’s unlimited PIP benefits raises the average annual premium to $2,520. According to Insure.com, a portion of everyone’s premium includes an assessment from the Michigan Catastrophic Claims Association, which was $175 this year per vehicle. The Michigan Catastrophic Claims Association covers any expenses above the $500,000 threshold and is a state-created nonprofit organization.
