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Water in your Basement? Flood vs. Water Back up

2021 has brought record rainfall to the Metro Detroit area. In fact, the five year period of 2016-2021 is the 2nd wettest period on record for the Metro Detroit Area since data collection began. With this there have been multiple flash flood warnings, in 2021 alone. Because the Metro Detroit area has a high percentageContinue reading “Water in your Basement? Flood vs. Water Back up”

Should I insure my Recreational Vehicles on their own policy or on my Homeowners ?

Some carriers will allow you to insure your Snowmobiles, ATV’s, Boats, Golf Carts, Etc. on your homeowners policy, as an endorsement. This can be very economical as your homeowners policy would provide the liability coverage at a much deeper discount. But be careful, cheaper is not always better. When insuring these types of vehicles, youContinue reading “Should I insure my Recreational Vehicles on their own policy or on my Homeowners ?”

Michigan Mini-Tort Law Explained

Because Michigan is a no-fault state, people are often confused as to why fault is assessed in the event of an accident. To the unlicensed individual this can be very confusing. First lets explain that there are two types of Auto Insurance laws in the U.S., No Fault and Tort states. In a no faultContinue reading “Michigan Mini-Tort Law Explained”

LANDLORD vs VACANT HOME POLICIES

If you have a rental home or investment property, it is important to know the exclusions and limitation of your property policy. A majority of Landlords have a regular day job and own 5 or less rental properties, and manage the property themselves. My first question to these individuals is whether or not the homeContinue reading “LANDLORD vs VACANT HOME POLICIES”

Most Common Homeowners Claim in Michigan

The most common claim for a Homeowners policy in Michigan is for Wind and Hail damage, per the Buckley Law Firm, at just under 40% of all claims. So it is no surprise that Insurance companies want to do everything they can to mitigate their risk, related to Wind and Hail. Contractors often go intoContinue reading “Most Common Homeowners Claim in Michigan”

Why Insurance is NOT a commodity!

Some consumers view insurance as a commodity. This leads them to shop for simply the best rate. It has become more common for consumers to take to the internet in search of the cheapest rates available. The Insurance marketplace has been transformed by the likes of Progressive, Geico, Esurance, Lemonade and others.  All alluring withContinue reading “Why Insurance is NOT a commodity!”

Not all Homeowners Policies are created equal!

Buyer beware! Just because most of the coverage lines match up, it does not necessarily mean you are receiving an apples to apples comparison. When it comes to homeowners policies there are 3 main coverage forms, which define what types of claims your policy will be insured against. Basic peril, Broad/Named peril, or Special/Open PerilContinue reading “Not all Homeowners Policies are created equal!”

No Fault Reform: The Devil is in the Details.

In May of 2019, Gov. Gretchen Witmer signed into law Sweeping changes to our No Fault Law. Most have heard of the savings the law will provide, through new options available on the Personal Injury Protection, a new fee schedule for Medical Claims, Fraud Prevention Measures, and Changes to rating factors. But what is notContinue reading “No Fault Reform: The Devil is in the Details.”

Michigan No Fault Reform

On May 30th of 2019, Michigan Governer Gretchen Witmer signed into law a sweeping change of the States No Fault Laws. Because of Michigan’s unrivaled Unlimited PIP coverage, rates have soared to become some of the highest in the country under the No Fault Law since its inception in 1973. But some have argued thatContinue reading “Michigan No Fault Reform”