Protect Your Fortress Against the Unexpected with Umbrella Insurance in Marshall, MI

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If you’ve ever had to file an insurance claim that exceeded the limits of your policy, you probably already know how vital umbrella insurance can be for avoiding out-of-pocket expenses. 

Having umbrella insurance can provide policyholders with financial benefits, a sense of well-being, and peace of mind when they know their interests and assets are safe in the event of a covered loss.

Insurance professionals at Great Michigan Insurance in Marshall, MI, can help you choose an umbrella insurance policy to supplement existing home, auto, and liability policies. 

Unexpected Financial Storms Can Wreck Havoc – Protect Your Fortress with Umbrella Insurance

Natural disasters, severe thunderstorms, fires, floods, and water leaks are all examples of unexpected events that can cause financial storms in your life and devastate your finances – if you don’t have the right amount of insurance protection. 

Marshall area residents looking to secure their financial future and add protection for their most essential assets can get umbrella insurance. Umbrella insurance is a form of add-on insurance that can extend the limits of existing policies.

Savvy homeowners who are saving for their future invest in umbrella insurance as a part of a financial planning strategy that includes home, auto, and liability insurance as a comprehensive solution for protecting their most important assets. 

If you have questions about the benefits of umbrella insurance or want to get a quote, licensed insurance professionals can help. Talk to a trusted agent to learn how umbrella insurance can help you recover from life’s unexpected mishaps, including accidents, legal liability claims, and other covered incidents where your policy coverage can offset out-of-pocket costs. 

Contact a licensed insurance agent at Great Michigan Insurance to add extended coverage to your insurance policies today! 

Condos Make Up a Lot of First-Time Home Purchases: Here’s How Insurance Helps

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At Great Michigan Insurance in Marshall, MI, condo owners can get protection for their new home. With so many first-time homeowners opting for this type of house, finding a great policy that will keep you safe is more important than ever. Here’s what you need to know about its protection.

Dwelling Support 

A typical condo insurance policy can help protect your dwelling, along with alterations, improvements, alliances, and fixtures. While they don’t cover things like flood or earthquake damage, they help ensure that your overall structure is protected and safe from damage. 

Personal Property Help 

Keep your property safe, including your clothing, furniture, appliances, and other items to ensure that you’re safe. This step will help ensure that your property loss isn’t too severe and can minimize how much you spend to replace any items. 

Loss of Use Protection 

Loss of use coverage can help if you need to relocate after something temporarily affects your home. For example, if a serious fire damages your house, you might need to use this coverage to pay for hotel rooms while your condo gets repaired.

Other Payment Options 

Here are a few other payment options to consider:

  • Medical payments for if someone gets hurt on your property 
  • Personal liability help if you get sued for any issue on your home 
  • Flood insurance that protects your condo from serious issues 
  • Umbrella protection in case you need more liability support 
  • New for Old protection that helps you replace your possessions with new ones
  • Valuable item blanket coverage that extends your protection costs 
  • Scheduled personal property helps to add extra protection for other items

Get the Policy You Need

At Great Michigan Insurance, we can help Marshall, MI, condo owners get the protection necessary to ensure that you get protected. Please don’t hesitate to contact us immediately for the support you need to get the help required to keep your investment safe from serious loss risks.

Life Insurance vs. Final Expense Insurance in Marshall, MI

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Living in the town of Marshall, MI can sometimes feel like you’ve stepped into the scene of a picturesque postcard. Residents of Marshall who want to protect the financial security of their loved ones often get life insurance to shield their loved ones in the event of their untimely passing. 

Choosing the right life insurance policy can be tricky as there are a wide variety of options and similar options available, including final expense insurance. 

The insurance professionals at Great Michigan Insurance can help Marshall, MI residents make an informed decision about getting a life insurance policy. 

Life Insurance vs. Final Expense Insurance

Life insurance offers a comprehensive insurance solution that generally provides a lump-sum payout or death benefit upon the policyholder’s passing. Your loved ones can use payouts from your life insurance policy to cover the costs of mortgage payments, education costs, and other daily expenses in your absence. 

Many people refer to final expense insurance as "burial insurance" as it is tailored to cover the costs of funeral and burial expenses. While final expense insurance helps your loved ones cover funeral costs, these policies don’t typically have extended coverages for daily living expenses and outstanding bills. 

Michigan Life Insurance Quotes

Choosing between a term life, whole life, or final expense insurance policy can be challenging if you don’t understand the differences between these policy types. Choosing a life insurance policy is easier when you have the knowledge and support of caring insurance agents. 

Talk to a knowledgeable agent at Great Michigan Insurance in Marshall, MI, who can walk you through the steps of choosing the best policy for you. Licensed agents will help you choose a policy that meets your budget and personal needs. 

Contact an agent today! 

Required Auto Insurance in Michigan

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When you own a vehicle in Michigan, there are specific types of auto insurance coverage that you’re required to have. You may also want to get additional coverage to protect you against a wider range of risks you run as a driver. In Michigan, it’s required that you get auto insurance before you can register your car or truck. When you need auto insurance, you can call Great Michigan Insurance in Marshall, MI to learn more about these policies. 

No-Fault Insurance in Michigan

Michigan is classified as a no-fault state when it comes to auto accidents. When you have an accident, your no-fault insurance will pay for your medical expenses, lost wages, and funeral costs when needed. These expenses are covered no matter who was at fault in the accident. However, this type of insurance doesn’t cover your vehicle’s damages. You need to add extra coverage to have your own vehicle protected. The policy is required to have a certain amount of coverage for one injured person from an accident and another amount for everyone in the accident who was injured. It’s also required to have a small amount of property damage coverage.

Other Coverage

Property protection service pays for damage that your vehicle does to other property types. This includes buildings, fences, landscaping, etc. This coverage has a large amount of coverage and can pay for even serious damage that you do. Personal injury protection is another type of Michigan auto insurance. It pays for lost wages, medical bills, etc., for other people, such as your passengers. 

Get Auto Insurance in Michigan

If you’re a Michigan driver and need auto insurance or want to switch to a new policy, call us at Great Michigan Insurance in Marshall, MI. 

Why your home business needs commercial insurance?

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Running your business out of your home has become a popular option. It allows a lot more flexibility and saves the cost of buying or renting a business location. Even though it is located in your home, home insurance is not designed to protect a business, just your home. Great Michigan Insurance in Marshall, MI provides our customers with the right home and commercial insurance to ensure they are protected from all the hazards that can happen. 

Property insurance

Yes, your home does have property insurance, but it is not designed to protect a home business. Commercial property insurance combines building coverage with content coverage to cover all aspects of your business. You may get minimal coverage from your home insurance. Still, to protect everything you need to carry out your business, you must have commercial insurance to protect your raw materials, inventory, and everything you use to carry on your business. 

Liability coverage

If you have customers or clients who visit your home to do business, they will not be covered for injury by your home insurance. You need to have commercial liability insurance to offer the amount of coverage you need. 

Auto insurance

Personal auto insurance does not cover the business use of your own vehicle. If you need to visit clients or customers or deliver products, this is considered business use of your vehicle, and if you have an accident, you won’t be covered. 

Business interruption insurance

If something happens to stop you from being able to do business, how will you pay your bills? This insurance helps a company to be able to meet its obligations until it can get back to doing business. 

Contact Great Michigan Insurance in Marshall, MI when you need to discuss how to protect your business and your home. 

Common Home Insurance Exclusions: Understanding What’s Not Covered

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Many homeowners in Marshall, MI are surprised to learn that there are several common exclusions in their home insurance policies. These exclusions mean your insurance company may not cover certain events, damages, or losses. Great Michigan Insurance explains some of the most common home insurance exclusions so you can understand what your policy won’t cover.

1. Flooding

One of the most common exclusions in a home insurance policy is flooding. If the Kalamazoo or other nearby rivers overflow or a heavy rainstorm causes flooding in your basement, you’ll need a separate flood insurance policy to cover the loss.

2. Earthquake

Another exclusion in your home insurance policy is damage caused by an earthquake. In Michigan, the risk of an earthquake is low, but still, it’s not non-existent.

3. High-Value Items

If you have expensive jewelry, art, or other valuable items, you might be surprised that they are not fully covered under your standard home insurance policy.

4. Infestations and Pest Damages

Another exclusion in your home insurance policy might be damages caused by a pest infestation. While a bug or rodent infestation can cause significant damage to your home, most policies do not cover it.

Home insurance policies are essential to protecting your family and your assets in Marshall, MI. However, it’s critical to understand what’s not covered so that you can target your insurance coverage to meet your needs. By knowing which events, damages, or losses are excluded from your policy, you can take steps to protect yourself fully. If you have questions about what your home insurance policy covers – and doesn’t cover, contact Great Michigan Insurance. We can review your policy together and find any gaps you need to cover.

Who should get umbrella insurance?

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Umbrella insurance from Great Michigan Insurance offers additional protection beyond your existing home, auto, and other liability policies here in the Marshall, MI area. It provides an extra layer of financial protection against claims or lawsuits resulting from car accidents, injuries on your property, libel or slander, and more. 

Who should get umbrella insurance? 

Anyone with significant assets should consider getting umbrella insurance because it can help protect you in a catastrophic lawsuit or judgment against you. Even if you already have a substantial amount of home and auto insurance coverage, an umbrella policy will provide even greater protection for your assets if needed. 

Additionally, anyone who spends much time around water, such as boaters and people who own pools, should strongly consider an umbrella policy. Water-related activities can result in expensive lawsuits if someone gets injured, so having an additional layer of protection from an umbrella policy is essential to consider. 

Overall, anyone with significant assets to protect or those involved in water-related activities should definitely look into getting umbrella insurance. It is relatively inexpensive but provides excellent protection in the event of a serious legal issue that could cause financial ruin without it. You don’t want to get sued over your existing policies and be caught having to pay the difference. 

For more information, or if you want to explore a policy that meets your needs and your budget, call us at Great Michigan Insurance today. We are proud to serve the Marshall, MI area, and it would be our pleasure to help you find the right umbrella policy for you. So don’t wait! Call us today!

The difference between a master policy and a condo unit policy

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Regarding insurance from Great Michigan Insurance in the Marshall, MI area, there are two main types of policies for condo owners: a master policy and a condo unit policy. A master policy is typically purchased by the building’s association or management company and covers the common areas of a condominium complex like the lobby, elevators, hallways, stairwells, etc. It also covers any additions or improvements made to a condo complex and liability coverage in case of accidents. 

On the other hand, a condo unit policy covers individual units and their contents. This type of insurance generally covers damage caused by fires, storms, theft, and vandalism to personal property within the unit. This policy may also provide liability coverage for someone injured while inside an insured unit. 

Owners of condominiums need to understand the difference between these two policies to ensure they’re fully protected against potential damages or hazards they may face. While both types of policies are necessary for any homeowner living in a condominium complex, understanding which one provides which kind of coverage is essential to ensure your assets are safe and secure.

For more information, give us at Great Michigan Insurance a call today. We proudly serve the Marshall, MI area and would be happy to help you find a policy that meets your needs and budget. We work with both owners and associations and have precisely the policy you need to make sure you are covered in case of an accident. So don’t wait! Call today!

Assessing Your Life Insurance Policy After Divorce with Great Michigan Insurance in Marshall, MI

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Divorce is emotionally draining for both parties and dividing assets can get ugly. With so much to worry about, many people overlook the role life insurance plays during divorce proceedings. However, it should be as big a priority as your other assets, as you need to protect your financial future.

When you chose your life insurance policy, you probably considered the financial well-being of your ex-spouse. After all, you were still married then, and you wanted to know they would be protected if something happened to you. That policy doesn’t magically change once you’re divorced, and there’s a lot to think about now that you are divorced. 

Finding an Insurance Agency That Puts Your Needs First

Before you move any further with the process of assessing your life insurance policy, you need to find an insurance agency that puts your interests first. At Great Michigan Insurance, located in Marshall, MI, we know this is an emotional and challenging time, and we are here to guide you through the process. With our expert team, we’ll help you understand the different types of policies available to you and ensure you have comprehensive coverage that protects you and your loved ones in the future. 

Protecting Yourself and Your Loved Ones in the Future

If you have been the primary provider for your family, your children and ex-spouse are likely to rely on your income to maintain their standard of living. While that might be the arrangement, you come to in life when you are no longer here.

Don’t wait to speak to one of our expert agents. Learn how Great Michigan Insurance in Marshall, MI can help you find comprehensive coverage by calling (269) 789-0909.

What is Liability Auto Insurance?

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Wondering if you need liability coverage as part of a comprehensive auto insurance plan? At Great Michigan Insurance, we’re providing quality auto insurance to the people of Michigan. Part of our thorough approach includes liability, a type of legal protection that covers the buyer in the event of a lawsuit or a court case. Many on-road accidents go to court over the damages incurred, which is where liability insurance comes in. 

When Do You Need Liability Protection?

Liability is usually needed for businesses, particularly if a customer or an employee has suffered a bodily injury or experienced property damage of some sort. Aside from a business environment, drivers often get liability insurance in the event of an auto accident. On-road collisions are expensive, incurring hundreds or thousands of dollars in damages, medical bills, or wage losses. If an auto accident is severe or costly, one party might decide to sue a driver for negligence or malicious intent. If you drive regularly, it’s recommended that you find a liability policy as part of your auto insurance package. 

Getting Liability Auto Insurance in Marshall, MI

Great Michigan Insurance is a Marshall-based agency providing a variety of insurance types. When it comes to services, we design our insurance plans to suit every customer’s personal needs. Liability is just one of the many policies that we provide for auto insurance. Whether you’re a driver or a commercial trucker, your liability needs are covered. 

To hear more from our team of professionals, contact the agency at 269-789-0909. You can also email the agency at mark@greatmichiganinsurance.com. We’d love to schedule an appointment or answer any of your insurance-related questions.