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Is no-fault insurance optional? No-fault insurance is mandatory in 18 states. Importantly, some states require that medical expenses incurred in the accident are covered by medical payments insurance (or med pay), not no-fault insurance. Here are a few things no-fault insurance may cover for no-fault policy owners and their passengers:
A minimum policy also offers at least $10,000 in coverage for damage to property that is not located in Michigan. Finally, no-fault insurance covers residual liability, which refers to costs that come up when you're in an accident with a non-Michigan driver, an uninsured driver, or an accident in another state.It also offers coverage for costs if another driver sues you for an accident.rivers in Michigan are required to purchase no-fault insurance with the following minimum limits: 1  $20,000 per person hurt or killed in an accident; 2  $40,000 per accident in which more than one person is hurt or killed; and.