Short answer: Under MCL 500.2123, a Michigan home insurer must give you written notice at least 30 days before ending your policy, stating each specific reason. For claims, the insurer must tell you within 30 days what proof of loss it needs and pay within 60 days of receiving it. Payments made late earn 12% simple interest.
Termination notice
MCL 500.2123 requires 30 days' notice stating each specific reason, and the reason must follow the insurer's filed underwriting rules. Notices sent within the first 55 days of a new policy can take effect after 20 days.
For policies in force 55 days or more, MCL 500.2117 limits the reasons an insurer can use, such as the condition of the property or certain paid-claim histories. A DIFS bulletin on aerial imagery says insurers should give you the images they used and let you challenge them.
Claims
From DIFS FIS-PUB 0216:
- Within 30 days, the insurer tells you what proof of loss it needs.
- Within 60 days of your proof of loss, it pays.
- A payment that's overdue earns 12% simple interest.
DIFS can be reached at 877-999-6442.
Questions? Contact Alishahi Insurance or call (877) 711-4545. Vea insurance in Michigan.
Frequently asked questions
How much notice is required to end a Michigan home policy?
At least 30 days, stating each specific reason.
How fast must a Michigan insurer pay a claim?
Within 60 days after receiving proof of loss.
What if it pays late?
The overdue amount earns 12% simple interest.
Alishahi Insurance · 439 N Canon Dr, Penthouse, Beverly Hills, CA 90210 · (877) 711-4545 · CA License #4348151. General information only. This isn't legal, tax or financial advice or a coverage determination. Coverage depends on policy language and underwriting, and rules vary by state.