Sunday, June 28, 2015

Business Insurance in Michigan: Small Business Insurance Must-Haves

Businesses with employees, no matter how small the enterprise, may be required by law to have certain types of insurance including unemployment insurance, workers compensation insurance, and even disability insurance. The type of small business you run will dictate the type and number of insurance policies you need. A few types of policies are common for many businesses, but before you buy into one, make sure to consult with a Michigan business insurance agent about your specific situation.

Saturday, June 27, 2015

Home Insurance in Michigan Can Be Bumped Up by a Pool: What Can You Do

As in other states, the premium rates for home insurance in Michigan varies depending on certain considerations. Living in a disaster-prone location is a drawback that would influence premium rates because of the high-risk factor. The value of the property also affects the premium price, as the higher the value the higher the worth of potential claims. It’s important for homeowners to understand the principles that affect the rates of insurance premiums on a home. Check with your insurer first to see if a remodeling project will raise your rates. One specific feature that will almost certainly affect your home insurance costs is a swimming pool.

Friday, June 26, 2015

Auto Insurance in Michigan: 3 Common Myths about Rental Car Coverage

There are generally two types of travelers. One group can be called “old-fashioned”—these travelers rely on traditional brick-and-mortar establishments to book tickets at airline premises or have car rentals arranged and everything else until arrival at the destination. Another group is pretty much hands-on, and will arrange for everything—booking online for the best travel deals on the Internet and checking out details to arrange a car rental, for example. Either traveler type thinking of driving a car rental should consider insurance coverage. Apart from the car insurance, one can get an add-on coverage for additional protection. There are misconceptions about rental car coverage. For instances, your rental car policy linked to your auto insurance in Michigan. Here are the common myths about supplementary insurance and the truth behind them.

Wednesday, June 24, 2015

Michigan Homeowners Insurance: When Families need to increase their Coverage

Major life events or changes with significant financial implications are typically the best signals for you to adjust your insurance coverage. You could be moving out of your parents’ home or transitioning into owning a home after renting for a long time. You could be buying your first car or inheriting a valuable heirloom from a close relative. In these circumstances, you look for policies that will protect your newly acquired property. If you own a home and you have kids, there are certain times when you ought to bump up your existing coverage. You may have comprehensive Michigan homeowners insurance and an auto insurance policy already, but they may not constantly match your changing needs as a family.

Monday, June 22, 2015

Michigan Business Insurance: Should You Get a Product Recall Policy?

Several other industries have numerous product recall issues and a few of them – like the automotive industry – can have the costliest incidents. Thousands of consumers can be affected, and millions of dollars can be on the line. One notable incident was that of Toyota’s recall of millions of cars globally, which was estimated to cost the car giant around $2 billion. If you’re in the business of manufacturing or retailing, you may be facing the same challenges, or you might foresee similar risks. You may want to protect your company with a general Michigan business insurance policy, but this may not be enough. You also want to consider getting a product recall policy.

Saturday, June 20, 2015

Michigan Business Insurance Agent Helps Safeguard your Trucking Team

Some trucking firms may be assigned to handle cargoes under the most special circumstances – and require higher insurance levels. CFR 49-387 states that companies must arrange for at least $5 million for bodily injury and property destruction when a truck is carrying explosives or hazardous materials. Your agent should also guide you on your home state’s minimum insurance guidelines for special cargoes and stowage. Every trucking firm deserves a fair chance to be part of the nation’s economic lifeblood. If you hire skilled business insurance brokers for your coverage options, their expertise will help you “keep on truckin’.”

Friday, June 19, 2015

Auto Insurance in Michigan: Sports Car Coverage

Those with the financial means may consider investing in a sports car. Whether it’s an American muscle car like the Corvette ZR1 or foreign vehicles like the Mercedes CLK GTR, a prize steed gives the driver an adrenaline rush. However, Sports Car Club Magazine underlines the importance of seeking auto insurance. If you’re buying a sports car, plan ahead. Find adequate and affordable protection. Companies that handle auto insurance in Michigan, like Allied Insurance Managers, Inc. can discuss your options with you.