Navigating Tough Times: Demystifying Hard Insurance Markets and Their Impact on Policyholders

The insurance world isn’t always the same – it goes through ups and downs. When things get tough (hard market), it affects you and your money

Which Insurance Company has the cheapest auto rates in Michigan.

When it comes to finding the best auto insurance rates in Michigan, it’s important to understand that there is no one-size-fits-all solution. Each driver’s needs and circumstances are unique, so the company that offers the best rates for one person may not be the best choice for another. Here are some of the factors thatContinue reading “Which Insurance Company has the cheapest auto rates in Michigan.”

How Inflation impacts Insurance

Insurance premiums are calculated based on the potential payout vs the attributed risk. So when you review your policy, you will see that each type of coverage has its own associated premium. This provides transparency to the consumer and helps them understand better what coverages are more costly. When we talk about Auto Insurance, theContinue reading “How Inflation impacts Insurance”

How Michigan’s No fault reform changed the way Personal Injury Protection is covered.

Did you know that Drivers on an auto policy are not offered the same coverage as a Named insured? Read why this is a very important detail.

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!”

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”