Seasonal Concerns With Your Auto Insurance Policy

High Favor Insurance in Birmingham, MI is a comprehensive insurance agency that strives to take care of all of your areas of potential liability. In this way, you can go about the business of enjoying and getting the most out of life as opposed to worrying about what may happen. 

Your auto insurance policy does not change season to season and is in force for the entire agreed-upon policy period. That does not mean, however, that there aren’t particular needs to be wary of as the seasons change during the year. We experience the four seasons here in beautiful Michigan, with brutally cold winters.

Snowy Days – In The Elements?

Speak with one of our insurance agents to learn if you should invest in added coverage for the snowy winters. If you are out in the cold more often than normal due to your vocation or lifestyle your automobile is more susceptible to incur liability. This increase is due to the extraordinary use of your car as opposed to most commuters who use their vehicle to get to and from work.  

Spring, Summer, and Fall

Your chosen vocation and lifestyle play a significant role in whether your auto insurance can remain at standard. Using your car for work on rainy spring days or leaf strewn autumn evenings can add to a standard level of risk.   

High Favor Insurance Agency LLC is located in Birmingham MI 48009. Make it a priority to stop in today to allow us to assess your insurance needs. Our agents want to make certain you have the proper coverage for your auto, home, commercial, boat/watercraft. classic car, condo, motorcycle, motor home, recreational renters, and umbrella insurance needs.  We highly favor your business. 

Which kinds of commercial insurance does a small business in Michigan really need?

As a small business owner in Michigan, you know how much work it takes to stay on top of all the things that can go wrong. You need to pay attention to the details and remain vigilant because you are responsible for what happens. Commercial insurance may seem like an inconvenience, but it helps to minimize your risks and let you stay focused on your real business.

At High Favor Insurance, we understand how important it is to be able to find the right protection so you can cut down on unnecessary stress. We also know every business is different, so what works for another small business might not work for yours at all. You may only need basic coverage, while another small business may need additional policies for special risks.

You can save money by combining the two most important kinds of insurance into one package, a Business Owners’ Policy. A BOP will generally provide property protection and general liability insurance, which can protect you from injuries at your business.

Businesses with three or more employees need to have workers’ compensation so they can protect their valued employees who become ill or injured as a result of working there. Anyone driving in Michigan needs to carry auto insurance, and if you are using a vehicle for business, you will need a commercial vehicle policy.

Your insurance coverage also covers the legal fees associated with the claims made against you. Since legal fees can account for more than damages, that takes a lot of pressure off you as the one responsible.

If you have a small business in Michigan, don’t wait to get the coverage you need. If there is extra protection you want to discuss, or if you have questions about an existing policy, please feel free to call High Favor Insurance today.

What Happens to My Home Insurance Policy When I Move?

Are you looking to move from your current place of residence but are not sure if you can transfer your existing home insurance policy to your new home or get back some of the money?

Whether you receive a refund from your insurance firm is dependent on several factors such as where you are relocating to and the amount of money you have paid into your current insurance policy.

High Favor Insurance in Birmingham, MI is an insurance company that can help you with the policy terms. Contact us today for more details.

Insurance Term

Insurance firms provide different payment choices like bimonthly, monthly, yearly, semi-yearly, or quarterly payment plans. When you relocate to another home, whether you will be refunded will depend on your current payment plan.

Given that you pay a premium annually or semiannually, you should expect to get some money back if you are not in the same month you are meant to make a policy renewal. On the other hand, if you are under a monthly payment plan, it is not likely that you qualify for a refund.

Termination Process

You are required to contact the insurance firm early enough before moving to help calculate your refund. The firm needs to know the final date you want your current house covered so that it can calculate the amount of money they should give back to you. You should give them your new address as well.

You can terminate your policy any time you want, but the firm will not give you a refund until the final coverage date. Furthermore, if you are moving the same date that your insurance renews typically, you should still contact your insurer to tell them that you don’t want to renew your insurance policy.

Transfer

Instead of terminating your policy, you could also transfer it to your new home and make all the necessary premium changes. Here, you will not get a refund.

High Favor Insurance in Birmingham, MI can help you with the policy terms. Contact us today for more details.