If you’re a business owner, chances are you have quite a bit of customer information stored on your computers. Have you ever considered the implications of what might happen if you experienced a data breach? Do you even have cybersecurity coverage? The thing is, many standard commercial property and commercial liability insurance policies have gaps that don’t address this exposure, and it’s a big on
One of the most common questions an insurance professional gets is the hypothetical, “Would this be covered?” Typically, the answer we give is: “It depends.” But that’s not a cop out. It’s the truth, because whether or not something is covered depends on the kind of coverage you bought and the specific circumstances of your claim. Maybe you wake up one morning and hea
You probably already know that life insurance will protect your family’s financial well-being in the event of a loved one’s unexpected passing. But have you thought about what would happen if something catastrophic were to occur that did not involve death? For example, what about an accident that makes it impossible for you or your spouse to work for six months, a year, or even a lifetime? Life insurance
As a farmer, you know time is money. And there are certain times of the year when you need to focus on your farming operations. During the offseason, why not take some time to perform regular maintenance on your farm? We have seen many claims that could have been avoided or been less severe if preventive measures had been taken ahead of time. We have put together a list to help you prepare: Make sure you have covers
Did you know that life insurance can be used as a tool in estate planning? By purchasing a permanent life insurance policy, you can provide immediate, tax-free money to your beneficiaries and ensure that they have the funds necessary to cover your estate taxes. Here are just a few reasons that life insurance should be a part of your estate planning: Settling the Estate: Funds from a life insurance policy can provide
Imagine returning from vacation and your home is cold and the carpet is saturated. The kitchen ceiling is in pieces on the counter and floor. The master bathroom laminate floor looks like a roller coaster. Water is pouring from the cracked toilet and mold is on the wall. Panic sets in: “Where will I sleep, and is my insurance going to cover this?” While insurance generally covers the damage itself, inconvenience is n
From the cars we drive to the watches we wear, technology is changing at an ever-increasing pace. But did you know this changing technology, when applied to your home, could mean savings? And not just financially. When technology is installed and monitored in the home, it can go well beyond everyday tasks such as setting a thermostat or remotely unlocking your front door. It can go as far as reducing the likelihood o
Nothing can ruin your family vacation quite like totaling the rental car on the way to the hotel. As you sit by the side of the road, you can’t help but think about how much this is going to cost since you didn’t purchase insurance from the rental car company. But you may be in luck! Typically, the same coverages carried on your personal automobile may extend to your rental car for accidents occurring within the U.S.
We get a lot of questions regarding the proposed changes to Michigan’s No-Fault Law, so we wanted to highlight, as simply as possible, what Senate Bill 248 would actually do. There is quite a bit of misinformation out there, so we’d like to help clear it up. The following summary was drafted by the Michigan Association of Insurance Agents. What does Senate Bill 248, proposed legislation really do? Moving