MI| Bulletin 2025-07-INS issued by the Michigan Department of Insurance and Financial Services introduces revisions to the Michigan Selection of Personal Injury Protection (PIP) Medical Coverage Form for both individuals and commercial policies. The bulletin also reissues the Choice of Bodily Injury Liability Coverage Limits Form. These changes aim to provide clearer explanations and definitions related to PIP coverage options for automobile insurance policies in Michigan.
Key points:
- The revised PIP Medical Coverage Form includes a new cover page, expanded definitions, and clarifications to sections on coverage choices and certification.
- Insurers must file any new or revised PIP choice forms with DIFS for approval by June 1, 2025.
- The bulletin reminds insurers and producers to inform consumers about their eligibility to opt out of PIP medical coverage if they have qualified health coverage with a deductible of $6,579 or less.