Sunday, April 27, 2014

Policies Entrepreneurs Need from a Trusted Business Insurance Agent

Workers’ compensation insurance covers the medical expenses and lost wages of your employees if they are injured at work. Not only does this help your employees, it also protects your business from being sued for compensation. In Michigan, businesses that have 3 or more part-time employees, or a single employee who works 35 hours a week, are required to have workers’ compensation insurance.

According to statistics from the Insurance Information Institute, more than 25 percent of business that close down after an unforeseen disaster never reopen. Do your best to avoid joining this unfortunate statistic by purchasing comprehensive coverage from a trusted business insurance agent like one from Allied Insurance Managers, Inc.

Thursday, April 24, 2014

Motor City Madness: How to Avoid Michigan Auto Insurance Rate Increase

As a young car owner, nothing beats sitting in those soft leather seats, breathing in that new car smell, and hearing your engine purr. At this point, you might think about how many young people also have their own cars and the fact that you’re lucky to have one under your name. According to a report from Fox Business, there are actually a large number of young car owners like yourself.

Despite the growing number of people owning cars at a young age, you should still consider yourself lucky. After all, not everyone can afford to purchase a new car along with the auto insurance that Michigan requires resident drivers to have (Michigan has one of the highest insurance rates in the country).

Tuesday, April 1, 2014

Looking for Home Insurance in Michigan? Avoid These Rookie Mistakes

Since you’ve spent a sizeable sum on your house, you’ll want to protect it against fire, theft, hurricanes, and other disasters via home insurance. Unfortunately, many first-time homebuyers are clueless when it comes to adequate home coverage.

In her article, consumer reporter Caroline Meyer talks about four common homeowner’s insurance mistakes, the foremost of which is underinsuring your home.

Meyer also points out that many homeowners assume flood insurance is already included in their policies. After all, insurers often reimburse damage arising from other natural disasters. In reality, though, flood insurance is a separate coverage that you have to pay extra for.

A home is a long-term investment, so be prepared for any unwelcome eventuality that might befall it. You can talk to a trusted broker who will help you find the kind of homeowners insurance in Michigan that perfectly suits your needs.