54 self-funded insurance companies in Michigan

Beware if you’re driving a company car from a self funded business

Some government entities, bus companies and large corporations will self-fund their auto insurance. They believe the entity or company is financially sound enough to pay for their own losses out of company assets , rather than through buying insurance from an  insurance company.

Self-insurance is a risk management method in which a calculated amount of money is set aside to compensate for the potential future loss, such as a car accident. But self-insured entities unwittingly cause a lot of problems for many of their employees if they have the misfortune to be seriously injured in an automobile accident.

This is because if you’re in a car crash while occupying a self-funded vehicle, there’s a good chance you will not have critically important insurance coverages.

The most important is that self-funded insurance companies do not carry uninsured and underinsured motorist coverage, which covers occupants who are injured due to a driver who does not have No Fault insurance or has an inadequate policy limits on their liability coverage. So if you’re driving as a passenger in a self-funded company car and the other driver does not have Michigan No Fault insurance (and in cities like Detroit, it is estimated that now 50% of drivers are driving uninsured), there’s a very good chance you won’t have additional insurance coverage to protect you.

Here’s our update of notable self insurers:

1. Archdiocese of Detroit
2. AT & T Ameritech-Michigan Bell
3. Avis Budget Group, Inc., P.V. Holding Corp.
4. Central Michigan University
5. City of Ann Arbor
6. City of Battle Creek
7. City of Dearborn
8. City of Detroit
9. City of Flint
10. City of Warren
11. Consumers Energy Company
12. County of Saginaw
13. Detroit Edison Company
14. Diocese of Gaylord
15. Diocese of Grand Rapids
16. Diocese of Kalamazoo
17. Diocese of Lansing
18. Diocese of Marquette
19. Diocese of Saginaw
20. EAN Holdings, LLC
21. Eastern Michigan University
22. Ferris State University
23. Flint Mass Transportation Authority
24. Ford Motor Company
25. Genesee County
26. Grand Valley University
27. Hertz Vehicles, LLC
28. Lake Superior State University
29. Macomb County
30. MASB SEG Property Casualty Pool, Inc.
31. Metro Assoc for Improved School Leg Joint Risk, et al
32. Michigan Community College Risk Management Authority
33. Michigan Consolidated Gas Company
34. Michigan County Road Commission Self-Insurance Pool
35. Michigan Gas Utilities Corporation
36. Michigan Municipal Liability and Property Pool
37. Michigan Municipal Risk Management Authority
38. Michigan State University
39. Michigan Technological University
40. Michigan Township Participating Plan
41. Michigan Transit Pool
42. Middle Cities Risk Management Trust
43. Northern Michigan University
44. Oakland University
45. Regents of The University of Michigan
46. Rental Car Finance Corporation
47. Road Commission for Oakland County
48. Saginaw Valley State University
49. State of Michigan
50. Suburban Mobility Authority for Regional Transportation
51. Upper Peninsula Power Company
52. Wayne State University
53. Western Michigan University
54. Wisconsin Electric Power Company

– Source, Michigan Department of Insurance and Financial Services

Note: Use this list for entities that qualify for a Certificate of Self-Insurance Authority (COSI) to operate as a Michigan automobile self-insured company pursuant to Public Act No. 204 of 2012. The list is updated every fiscal year. There may be entities qualified as self-insurers subsequent to the date of this legal blog.

And most important of all, if you work for one of these self-funded entities, look into whether you will be covered with uninsured and underinsured motorist coverage right away.

Legally Reviewed By

Published: Jun 21, 2014 | Updated: Jun 21, 2014

Written By

Steve M. Gursten, Attorney,
License#: P53632

Steven Gursten, attorney at Michigan Auto Law and one of the most successful auto accident attorneys in Michigan. Michigan Auto Law represents people seriously injured in car, truck, motorcycle, and bus accidents, including catastrophic injury, traumatic brain injury, and No-Fault insurance cases. Steven has recovered the largest reported auto and truck accident settlement of any Michigan lawyer, and has been named Michigan Lawyer of the Year and a Top 50 Michigan Super Lawyer.

Read Steven Gursten’s full attorney profile

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Legally Reviewed by Todd Berg, Attorney

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