If you have an older car, you may wonder if it’s okay if you drop your auto insurance. But there are still legal responsibilities to consider. Michigan operates under a no-fault insurance system, and that system applies to every registered vehicle on the road.

Michigan’s Required Coverage

Michigan law requires registered vehicles to carry personal injury protection, property protection insurance, and residual liability coverage. When you register your vehicle, you’ll need to provide proof that you have the necessary coverage. Otherwise, you won’t be able to register your vehicle. The Ryan Insurance Agency, serving Clarkston, MI, offers auto insurance that you can use to take care of your motorist responsibilities.

Why Vehicle Age Does Not Change the Rules

Just because your vehicle is older doesn’t mean you shouldn’t have auto insurance. That 10-year-old sedan that takes you to work each day can still be involved in an accident just like a brand new vehicle can. If you cause a wreck, the older vehicle’s low value doesn’t prevent the other party from incurring damages or medical expenses. Having the necessary insurance protects your personal finances and keeps your car legal on the road. It also ensures that you will be able to collect no-fault benefits should you become injured.

Choosing Optional Coverage

Collision and comprehensive coverage are optional in Michigan. When you have older vehicles you have some wiggle room with your decision. Since they only pay actual cash value you may look at the value of your car vs. your deductible. Some choose to keep both for a reliable daily driver. Consider your options and make a decision that is best for you.

Your agent at The Ryan Insurance Agency, serving Clarkston, MI, can walk you through those choices. An older car deserves the same protection as any other vehicle on Michigan roads. Get in touch today to learn more.