Who should get RV insurance in Detroit?

The Detroit, MI area can be a fun place for someone to live. Not only are there are a lot of great activities available within the city, but there are some amazing parks and recreational areas to enjoy within a reasonable drive. To ensure you can enjoy the state and area as much as possible, getting an RV will be a good idea. Along with this, you need to get an RV insurance plan. This is needed by people for a few reasons. 

Coverage is a Legal Requirement

A reason to have RV insurance is that it is a legal requirement. As you are looking to drive any vehicle in Michigan, you will need to comply with the state’s requirements surrounding liability insurance. Drivers of any type of vehicle need to carry liability insurance and will be in violation of state law if they do not have coverage. 

Coverage Protects RV

You should also get a full RV insurance plan to properly protect your RV. The RV that you purchase will be a big investment that you will want to be able to use for a long time. You can help ensure that you will continue to have access to an RV if you have the right insurance. This coverage will offer support if the RV is stolen or damaged through an accident. 

Getting RV insurance in the Detroit, MI area should be considered a top necessity for anyone. Those that would like to get this type of coverage in the state should spend time working with the Premier Insurance Agency. As you are looking to work with the Premier Insurance Agency, you will find they can answer all of your questions and will offer great guidance that can help you choose a new plan. 

Is Motorcycle Insurance Required in Michigan?

If you live in Detroit, MI, having a motorcycle is very important. You will have an opportunity to use your bike to avoid traffic and commute to work with ease. You can also use your bike to have fun on weekends out as you ride with your friends in the neighborhood. However, according to Premier Insurance Agency, you must have motorcycle insurance in Michigan. 

Liability Motorcycle Insurance

In Michigan, the law requires that you have motorcycle insurance to cover the likelihood of the liabilities that will occur in a motorcycle crash. The insurance coverage will help in covering bodily injuries, death of persons involved, and damages to various properties.

Just like any other insurance, your motorcycle insurance policy will come into play if you’re at fault. However, if you didn’t cause the accident, you will not be required to pay any insurance expenses, and the other party can be forced to pay you instead. 

Motorcycle Insurance Penalties

As highlighted above, you must make sure that you have motorcycle insurance to cover the liabilities that you’re likely to cause on the road. The government enforces this law to have the funds to cater to the liabilities they have already caused.

However, there are people who have been driving in this region without motorcycle insurance. This is a very sensitive trend because it can easily cause you to incur some extreme financial penalties. You can also go to prison for misdemeanor and ignoring motorcycle insurance laws. 

Are You Looking for Motorcycle Insurance in Michigan?

If you have not purchased your motorcycle in Detroit, MI, it is very important that you get the necessary motorcycle insurance to avoid being on the wrong side of the law. At Premier Insurance Agency, we will help you in getting a motorcycle insurance policy that meets your cycling needs.

Why Do You Need Boat Insurance?

If you’re in Michigan, having boat insurance is not a must. However, this does not mean that boat insurance is not important. If you are an avid boater, you’ll be making a huge mistake by ignoring this coverage.

Due to Michigan’s proximity to the Great Lakes, many people enjoy going into the waters using boats. However, boating is not a risk-free exercise. Accidents are likely to happen, and property can be damaged.

In light of the risks that come with boating and owning a boat, every boat owner in Detroit, MI, needs to know why boat insurance is necessary.

If you haven’t found a reason for purchasing boat insurance, Premier Insurance Agency is here to help you understand why it’s necessary.

Why is Boat Insurance Necessary?

If you acquired your boat through financing, you need to protect it with comprehensive and collision coverage. Your lender will want to know that their money is safe until you’ve cleared the payment.

Boat insurance might also be a requirement in some harbors and marinas. You’ll need to show liability coverage before you get a storage space.

The role of boat insurance is to protect you financially from any liability that may result from causing bodily injuries or property damage while boating. It will also protect your boat against damage or loss.

Like other insurance policies, you can opt for additional protection, such as underinsured/uninsured.

In summary, boat insurance will protect you against:

  • Damages and injuries to other
  • Uncontrolled events such as theft, fire, and weather
  • Collision with other boats or capsizing
  • Damage caused by underinsured/uninsured boater
  • Passenger medical expenses

You can also get total loss replacement of your boat and replacement of personal items lost from your boat.

Purchase Boat Insurance Today

Detroit, MI, is one of the areas with the largest concentration of boaters. However, not everyone likes the idea of purchasing boat insurance, and it’s a costly mistake.

You need to protect your asset at all costs by having sufficient insurance coverage.

If you’ve no idea how to go about purchasing boat insurance, Premier Insurance Agency is ready to help you out. Contact us today for every piece of information you need to know about this coverage.

How umbrella insurance protects property owners

Property owners are always finding ways of protecting their investments through insurance. Whether it’s your home, business premises, or residential properties, you are at risk of getting sued for damages or injuries sustained in your Detroit, MI property. For this reason, you may want to find a policy that extends beyond the standard policy. A great example is umbrella insurance. Here are a few ways umbrella insurance can protect property owners.

Protects you from property damage lawsuits

Property owners, particularly in the commercial sector, deal with many people, which puts them at risk of lawsuits. You could land yourself into hefty fines if your construction site workers dropped a heavy material on someone else’s compound, damaging their car or something else in the compound. You can also get sued if you allow water from your pool to enter your neighbor’s house and cause property damage. However, you are lucky to have umbrella insurance to cover the damage and pay the legal fees.

Cushions you when someone is injured on your property

If you are a property owner in Detroit, MI, the Chances are that someone in your property could get injured. It can be a slippery floor, a crack in the patio, uncovered electricity cable, fire, or any other injury. Whether it’s your fault or not, you might find yourself on the harsh side of the law, but umbrella insurance can help clean up the financial mess. At Premier insurance agency, we recommend buying enough umbrella insurance to protect your home and other properties under your name.

Protects you from the liability you may face as a landlord

Landlords have a lot in their hands. A tenant will sue you over anything that displeases them in your property. It could be a crack on the wall, a tenant’s dog biting a guest on your property, and many other accidents. While most landlords purchase insurance for their property, it is not always enough to cover all the damages and lawsuits. That’s why you need umbrella insurance to top-up.

For more information about umbrella insurance, feel free to visit or call Premier Insurance Agency today!

Do I need condo insurance in Detroit?

When you are looking for a fun city to move to, Detroit, MI is a great option. Those that live all over this area of Michigan will find that it offers a lot of opportunities and local amenities. For those that want to move to this area of Michigan, owning a condo can be a good choice. Condo owners here will benefit in several ways. Along with your Detroit condo purchase, you also need to choose a quality condo insurance plan.

Insurance is a Requirement

A reason that you will need to get a condo insurance plan is that it is a requirement for most condo owners. Those that purchase a condo are likely going to live in a condo building and may have taken out a mortgage. In most cases, anyone that has financing in place or that lives in a community with an association will need to maintain a full condo insurance plan.

Insurance Covers Investment

You will also want to get a condo insurance plan as it will protect your investment. Buying a condo always is a big purchase. The best way that you can protect this investment is by getting insurance for it. With condo insurance, you will have the coverage needed to repair your condo if it is damaged by a fire, storm, or other forms of loss. 

If you do want to get a condo insurance plan in the Detroit, MI area there are many decisions to make along the way. The team with the Premier Insurance Agency is a great group to contact as they can help you better assess your options. When you do call the Premier Insurance Agency for your condo insurance needs, it can help ensure you choose a policy that is ideal for your situation. 

Why Umbrella Policies Increase in Importance as You Near Retirement

As you near retirement, you need umbrella insurance more than ever. If you lost a court case that required a large settlement that your home owner’s insurance did not completely cover, you would have to take the remainder of the settlement out of your savings or retirement fund.

The closer you are to retirement, the less time you have to reimburse your retirement fund or savings. An umbrella policy from Premier Insurance Agency solves this problem by paying the remainder of the settlement. 

These policies cost little but provide priceless peace of mind. Any kind of slip and fall accident or another incident that injures a person or people at your Detroit, MI home or on your property requires you to pay for the damages. The typical home policy provides liability coverage in the amount of about ten percent of the home’s value or a flat rate, usually about $100,000. That may sound like a lot.

Consider the average medical costs and time away from work from a home accident and how commonly these incidents occur. Home and community accidents are the number three cause of death in the US. Accidental poisoning leads the list of how these home deaths occur, followed by falls and choking.

Before you say, “That cannot happen to me.” know that according to the National Safety Council, home and community accidents account for 37,600,000 medically treated injuries each year and 125,000 deaths. That costs the US $479.1 billion annually.

The average cost of a hospital stay per day in the US is $3,949. When you do the math, you quickly realize that one accident at your home that only injures a single person can wipe out the liability coverage on a home policy.

You need the secondary insurance that an umbrella policy provides. It kicks in once your home insurance pays out fully. You can purchase a million-dollar policy of umbrella coverage for a tiny premium, so it makes sense to add this to your insurance portfolio.

At Premier Insurance Agency of Detroit, MI, we believe in being safe, not sorry. Call us to learn more about umbrella insurance and add this coverage to your portfolio.

Do I Need Commercial Insurance in Michigan?

When it comes to owning a business in Michigan, it is important to stay on the right side of the state’s requirements – particularly insurance – to avoid any potential fines or shutdowns. With more and more small businesses opening throughout the state, business insurance can help protect your livelihood while giving your business the opportunity to strive and secure additional jobs for people in the workforce. Similar to most states, Michigan requires that businesses carry mandatory workers’ compensation insurance and commercial auto insurance. Workers’ compensation insurance is required for any business that employs at least one full-time employee and helps cover the medical bills for any injury or illness sustained while working. If you require an employee to utilize their personal vehicle for any business-related purpose, it is strongly recommended that the vehicle be covered by a hired and non-owned policy because personal auto insurance policies are unlikely to cover any damages associated with a business-related accident.

Outside of commercial auto and workers’ compensation insurance, there are no other requirements for small businesses in Michigan. However, depending on the size, scope of work, and many other factors additional coverage may be a good idea. For instance, data breach insurance helps cover the costs associated with items like legal fees, public relations, liability lawsuits, and identity protection services that are related to a cybersecurity incident. Additionally, business income insurance helps to cover the cost of items like payroll, rent, and other monthly bills if your business is unable to operate due to a covered incident like theft, wind, or fire. 

Shopping for a commercial insurance policy doesn’t have to be stressful and the team at Premier Insurance Agency in Detroit, MI is ready to assist. Our expert team knows the insurance industry inside out and will be able to customize the ideal policy for your needs so give us a call today to learn more. 

What are the Benefits of Classic Car Insurance?

Detroit Michigan is known as the car capital of the world. At Premier Insurance Agency in Detroit, MI, we have an appreciation for all types of vehicles. We offer the classic car insurance our customers need to keep their investment safe. 

Agreed Value

One of the major benefits of a classic car insurance policy is they are usually agreed value policies. Standard insurance policies are often actual cash value, which means the insurance company will only pay the current blue book value of the vehicle. An agreed value policy means that you and the insurer agree upon the value of the vehicle. This value remains the same unless you renegotiate the policy. It doesn’t decrease due to depreciation, and it is a better reflection of the value or investment of your vehicle. 

Towing Coverage

It’s suggested that you choose roadside assistance and towing coverage for your classic car. Classic cars are six times more likely to break down on the highway. Older vehicles are more prone to mechanical failure, so it’s a good idea to be prepared for the possibility it will stop on the road. The policy should include specifically flatbed towing with soft straps to avoid damaging your classic car.

Usage Impact on Premiums

With a standard auto policy, it’s assumed that you will be driving your car daily. Classic car coverage is often used for “Sunday drivers”, or vehicles that are driven for fun more than getting from place to place. Since they aren’t driven as often, they are often eligible for lower premiums because the risk to the insurer is lower. 

If you need classic car insurance in Detroit, MI, contact us at Premier Insurance Agency. We believe you shouldn’t have to settle for a standard policy for an exceptional car. We can provide you with a policy that gives you the benefits of a classic car policy. 

Three reasons why recreational insurance is essential

One of the most important decisions you make as a recreational vehicle owner is which recreational insurance policy to purchase. At Premier Insurance Agency, we offer numerous options for recreational insurance in Detroit, MI. 

The following are three reasons why it’s so important to have recreational insurance. 

You need liability coverage to legally drive on the road.

The most important reason to have recreational insurance is that it is required by law if you want to take your vehicle on public roads. You need to meet liability insurance coverage requirements or you could be ticketed or worse. 

The state of Michigan has various minimum liability coverage requirements you need to meet. You need to carry bodily injury coverage of at least $20,000 per individual per accident. You need at least $40,000 in maximum coverage per accident. 

Your recreational vehicle is a valuable possession you need to protect.

You are not required by law to carry collision coverage for your recreational vehicle. However, it’s a good idea to invest in collision coverage anyway.

Collision coverage will compensate you for damages to your own recreational vehicle in the event of an accident. If you don’t purchase collision coverage, you will have to pay out of pocket to have your recreational vehicle repaired if it is damaged in an accident. 

You want to enjoy peace of mind when traveling in your recreational vehicle. 

You take a huge risk whenever you drive a recreational vehicle without insurance coverage. Even if you are only using your recreational vehicle on private roads, it’s still important to buy insurance coverage. Otherwise, you could be held liable for accident damages. This could destroy you financially because the costs of an accident can add up quickly, especially if they involve physical injury and resulting medical bills. 

Are you on the market for a recreational insurance policy? We’re here to assist recreational vehicle owners in Detroit, MI. Get in touch with us at Premier Insurance Agency to explore our policy options. 

RV Season is Here: Protect Your Motor Home Before You Hit the Road

Premier Insurance Agency, proudly serving the greater Detroit, MI metro area, is here to help you get ready for RV season. There are many different types of RV policies available, and it can feel overwhelming when you are trying to find the one that is right for your needs. Our team is here to help you with that process and get you out on the road safe and protected! Now is the perfect time to review your current policy; we are also here to help first-time buyers find their initial policy.

Features to Look for When Selecting an RV Insurance Policy

  • Do you drive or tow your camper? Each type of RV has different risks, and it’s important to understand what protection your vehicle needs.
  • Are you planning to use your RV at a campsite or park? Entertaining guests in your RV is a lot of fun, but it also creates a greater need for adequate liability coverage.
  • Will you be towing a car or other vehicle? When you add another vehicle to the mix, your policy needs can change. Be sure to let your agent know that you plan to tow while using your RV.

Summer is the perfect time to get out on the road and enjoy all the natural beauty that Michigan has to offer. When you have the right RV insurance you can rest assured that you have the protection you need.

Want to make sure that you have the right coverage before you get out on the road? The team at Premier Insurance Agency is here to answer all of your questions about RV insurance policies. If you are in the Detroit, MI area and want to learn more, call or stop by today!