Michigan No Fault
Backstory: Two weeks ago, I got into a nasty accident. My car (a 1999 Mercury Cougar) was completely totaled and none of it was my fault. I was at a red light, stopped, when the man behind me just decided not to stop, rammed into me at least at 45 mph, and pushed me into the Ford Explorer in front of me, which then got pushed into the small sedan in front of it. My car got the brunt of all the damage, whereas the guy who hit me had no damage except a small dent in his fender (go figure. He pushed my license plate up into my trunk but nothing happened to his car :/ ) Anyway, my car was declared totaled. We didn't have full collision coverage on it, since my car was nearly 10 years old and expensive to insure with full collision. In the end, we figured out that we broke even on that end. Now, here's my question. I live in Michigan, a no fault state. Our insurance company (geico) told us that there was no way to recover my damages since the law states that each person is responsible for their own damages, whether or not they're at fault. So geico told us that the most we could recover is $500. Yesterday, my husband's cousin told us that that simply isn't true and we should sue for the value of my car, $2,500. Now, this cousin is known for...shall we say, embellishing things a whole lot? It's not like we can't afford a new car. We get massive Chrysler/GM/Nissan discounts due to various relations who work for the auto companies. We'd like to help out the industry to keep my father-in-law, brother-in-law, and uncle-in-law in work. But an extra $2,500 would be nice. Anyone have any information that could help me out in this confusing mess? Accidents aren't an easy road to navigate. PS- I wasn't injured, thank God. Just shaken up.