Michigan has a 3-year statute of limitations for personal injury and wrongful death claims per MCL Section 600.5805. Keep in mind that not all bike accidents result in lawsuits. Your first option is generally to seek compensation through your PIP insurance or the other driver. You have 1 year from the date of the accident to file a Notice of Injury applying for PIP benefits. Consult an attorney early in the process to ensure that your legal team has ample time to prepare.