I never drive my RV. Do I still need recreational insurance?

As a recreational vehicle owner, you may wonder how much insurance you need or if you need insurance at all. Although a recreational vehicle isn’t a conventional car, it’s still a motorized vehicle that shares the road with cars, trucks, and motorcycles. As a result, recreational insurance is a legal requirement. Our team at High Favor Insurance is committed to helping Birmingham, MI recreational vehicle owners understand the insurance requirements for recreational vehicles. 

What is Recreational Insurance?

Recreational insurance is similar to auto insurance in providing liability protection and coverage for any physical damage your recreational vehicle may sustain. An RV is a house on wheels, which makes it a moving vehicle that can be used to navigate the streets and highways alongside cars and other motorized vehicles. As a result, RV owners have the same risks as auto owners when driving. This is why liability coverage is a requirement and possibly coverage for possible physical damage to your RV. Recreational insurance covers recreational vehicles and recreational activities, even if you aren’t in an RV. This insurance can cover campers, motorhomes, snowmobiles, dirt bikes, and ATVs. Like auto insurance, recreational insurance includes any injuries and property damage you may incur while using your recreational vehicle.

I never drive my RV. Do I still need recreational insurance?

RV insurance is a requirement regardless of how frequently you drive your RV. Even if you only use your RV once a year, you must still carry RV insurance. After all, your RV is still a moving vehicle. How much RV insurance you’re required to carry will depend on your unique situation. However, liability coverage is a requirement for all RV drivers. If you have questions about recreational insurance, call us. We’re standing by. 

Are You Required To Have Condo Insurance?

Condo rental is a great housing option that allows you a tremendous amount of freedom. There are some responsibilities, though, that come along with condo rental or ownership. Here at High Favor Insurance, serving Birmingham, MI, and the surrounding areas, we want to assist you with insurance questions, including questions about condo insurance. Keep reading to learn more.

Am I Required To Have Condo Insurance?

Condo insurance is a type of insurance product you can purchase if you rent or own a condo. It is not required that you hold this type of coverage, though. 

Is It A Good Idea To Have Condo Insurance?

Yes, condo insurance is an excellent idea. This type of coverage will provide financial protection if your personal belongings are damaged in the condo. This type of damage could result from a natural disaster, fire, or burglary.

What Happens Without Condo Insurance?

If you choose not to carry condo insurance and your personal belongings are damaged or lost, you will be required to pay out of pocket for the replacement or repair of your items. This might prove to be a financial hardship for you and your family if you don’t have the cash on hand for such expenses. Condo insurance provides you with added peace of mind in these situations so that you know that no matter what happens, you will be able to provide yourself and your family with what you need.

If you would like to learn more about condo insurance or any of our other insurance products, don’t hesitate to contact us today at High Favor Insurance serving Birmingham, MI, and the surrounding areas. We will happily answer your questions and help you find the right insurance products for your needs.   

RV Updates You Can Do This Weekend

Owning your RV is a great way to travel cheaply and see the world with friends and family. Keeping your RV in great shape is important to overall safety and for retaining the value of the RV as well. Here at High Favor Insurance, serving Birmingham, MI, and the surrounding areas, we want to help you make the most of RV ownership. Keep reading to learn about RV updates you can do this weekend. 

New Awnings 

The awnings of an RV are an important aesthetic and functional part of the vehicle. These items do wear out, though, over time. If the awning of your RV is starting to look old and dingy or has sustained some damage, you can have a new awning installed quickly. Putting on a new awning can be a DIY project if you feel confident working with the components of your RV. 

New Tires

Just like with your regular vehicles, the tires on your RV will need regular maintenance and occasional replacement. Failing to keep up with your tire maintenance could create an unsafe traveling situation for you and your family when you travel in the RV. Make tires a regular part of routine maintenance. 

Security Upgrades

Your RV is your home away from home. For this reason, you should take steps to ensure that your RV is safe and secure. Many of the same types of security technology available for your home also work well for your RV. Ring doorbells, motion sensor lights, security cameras, and motion sensors can be installed on your RV to keep you and your family safe while traveling. 

If you would like to learn about RV insurance, please get in touch with us at High Favor Insurance, serving Birmingham, MI, and the surrounding areas. 

Preparing For Motorcycle Rides This Upcoming Summer

Nothing is more exciting than getting ready for summer rides as a motorcycle rider. With the warmer weather here, you’ll see more riders on the streets of Birmingham, MI. Extra caution is always needed, which is why the professionals at High Favor Insurance are always ready to help with the right insurance policy. Before you hit the open roads this summer, have these things in place to ensure your ride is as smooth and enjoyable as possible.

Routine Maintenance

Taking care of your bike is always essential, but this summer is even more crucial. With the warmer weather, you can expect more time spent on the road and less time-making repairs. It’s also much safer with a well-maintained motorcycle. Below are some basic maintenance tips for the summer season.

  • Engine fluids– Check or change your oil. Changing the oil and filter regularly gives you better riding performance.
  • Air filter– Replace the air filter for better fuel efficiency.
  • Tires- Check the tires’ tread depth and replace them if necessary.
  • Brakes and battery– inspect the brakes and battery. If they need to be replaced, do it before the summer season starts.

Brush Up On Defensive Driving Habits

As a motorcyclist, it’s always important to remember defensive driving habits. Don’t assume that other drivers always see you, obey the speed limits, and avoid quick lane changes. These habits will keep you safe on the road, even during busy times. If you’re a new rider, taking a defensive driving course to learn more doesn’t hurt. Regardless of your experience level, staying vigilant while riding is important.

High Favor Insurance will love to help if you want to know more about motorcycle insurance in Birmingham, MI. Don’t hesitate to call us if you’re going to get an estimate. 

Does Boat Insurance Cover a Boat While in Transit to a Waterway?

Your boat policy from High Favor Insurance may or may not cover your boat while it remains in transit. Whether a policy provides coverage depends on the boat, the policy terms, and whether you added riders.

Here’s a common scenario. You drive from your Birmingham, MI home to a nearby lake to enjoy a day on the water. You tow your boat on a trailer. Your trailer loses a tire, and your boat incurs damage.

Most boat policies cover land transportation for craft less than 30 feet in length. Boats larger than that may receive coverage under the stipulation that the owner hires a professional transportation company to move the boat to the waterway.

Not every policy uses that length as a guideline. Some companies consider a boat to measure 26 feet in length or less, but a yacht to measure 27 feet in length. Although both types of policies come from the same company, the coverages of a boat policy differ from those of a yacht policy.

We say most because every policy differs. That’s why meeting with your insurance agent to review the policy before you purchase it remains a top priority. Underwriters get a say in what a policy contains, so if an area experiences many transportation accidents, that might preclude this coverage from inclusion.

Contact High Favor Insurance for a Boat Policy Review and Update

A rider can add land transportation coverage when it doesn’t automatically appear in the policy. Contact High Favor Insurance for a boat policy review and update. Let us help you insure your boat while in use on the waterways near Birmingham, MI, on the road to the lake, and parked in your driveway or drydock.

How Umbrella Insurance Mitigates Risks

One of the best ways to mitigate risks is to take out so-called umbrella insurance, which is a type of liability insurance policy that provides extra coverage beyond the limits of your other insurance policies, such as home insurance. Umbrella insurance can cover a variety of things. However, what’s covered depends highly on your specific policies. Want to learn more about coverage specifics? Contact High Favor Insurance, serving the greater Birmingham, MI area.

How Umbrella Insurance Reduces Risks

Umbrella insurance can provide additional liability coverage above and beyond the limits of your regular insurance policies. This can help protect you in the event of a lawsuit or other liability claim that exceeds the coverage limits of your primary insurance policies. However, reading specific policies is crucial to see what is and is not covered.

Further, umbrella insurance can cover certain types of claims that your other insurance policies, such as libel or slander civil suits, might not cover. Or it might provide coverage if a dog or child in your household causes an injury, perhaps even off of your property. It’s crucial to talk with an insurance agent to learn what your standard insurance policies cover and what umbrella insurance can provide coverage for.

Beyond mitigating risks, having umbrella insurance can provide peace of mind. When you know that you have additional protection in the event of a catastrophic event or lawsuit could help folks relax. This could add to your quality of life, reducing stress and anxiety, which could benefit your personal and professional life.

Overall, umbrella insurance can help mitigate risks by providing additional liability coverage, protection against broader coverage for certain types of claims, and peace of mind. It can help protect your assets and financial future in the event of a lawsuit or other liability claim. Of course, it’s crucial to read the specifics of each plan to see what is covered.

If you’d like to explore the specifics of umbrella insurance coverage, contact High Favor Insurance, serving the greater Birmingham, MI area.

How much renters insurance do I need?

Renters insurance is a great way to protect yourself and your property in the event of any damage or theft. But how much coverage do you need? The answer isn’t necessarily simple, but here are a few thoughts from us at High Favor Insurance for Birmingham, MI area renters.

As a rule of thumb, most renters should look for enough coverage to replace their possessions if they were all lost in an incident. This means you’ll need to consider the value of your furniture, electronics, appliances, clothing, and anything else inside your rental unit. 

A good starting point for figuring out this number is by thinking about how much it would cost to replace each item in the event of a total loss. You may also want to add a buffer for any unexpected costs associated with replacing or repairing items. If you’ve got expensive items such as artwork or jewelry that would be difficult to replace without additional funds, make sure you account for those items specifically when purchasing renters insurance. 

When shopping around for renters insurance, make sure to compare different policies and providers so that you can find one that fits both your needs and budget. For example, some policies may offer more extensive coverage than others but come at a higher price point. On the other hand, some basic plans still provide valuable protection at lower costs. Take the time to explore different options before making a final decision to ensure you get the best policy possible while still staying within your price range. 

For more information, give us at High Favor Insurance a call today. We proudly serve the Birmingham, MI area.

How to prepare your car for winter

The winter months can be tough on cars, and proper preparation will help ensure your vehicle stays in the best condition possible. To make sure your car is up to the challenge of winter weather in the Birmingham, MI area, here are some tips from us at High Favor Insurance:

  1. Check your tires. Make sure they have enough tread and are properly inflated. Bald or under-inflated tires won’t provide enough traction on icy roads and can easily result in an accident. Consider investing in snow tires if you live in an area where winter precipitation is expected.
  2. Change the oil and other fluids. Oil gets thicker in cold weather, so it’s essential to use a weight suitable for colder temperatures to ensure optimal performance from your engine. Also, check the coolant, brake fluid, transmission fluid, and windshield washer fluid levels and top them off as needed. 
  3. Inspect the battery and connections for corrosion or damage like loose cables or worn terminals. If there is any rust or dirt buildup, clean it off with baking soda or a specialized cleaner, then lubricate the terminal ends with a small amount of petroleum jelly or silicone grease to help protect against corrosion from road salt used during winter storms. 
  4. Check your wiper blades for wear and tear. Replace them if necessary, as visibility is critical when driving in adverse weather conditions such as heavy rain, snow, sleet, etc.
  5. Inspect all hoses and belts for cracks, tears, or other damages that could cause problems when it’s cold outside, as they become more brittle when temperatures drop significantly below freezing point (32°F). 

For more tips, call us at High Favor Insurance today! We proudly serve the Birmingham, MI area.

Umbrella Insurance Coverage Takes Over Where Other Policies Stop

Do you live in the Birmingham, MI area? Do you wonder if you have enough liability coverage in a catastrophic event? Let High Favor Insurance explain how umbrella insurance coverage can give you peace of mind.

You no doubt have various insurance policies to protect your home, car, and other assets. But beyond them is a very affordable and important type of insurance. Umbrella insurance is necessary under certain and vital conditions.

Umbrella liability coverage, or personal liability as it is sometimes called, does not stand alone. Supplemental insurance provides liability coverage over and above what is already in place. It is meant to kick in when other limits have been exhausted.

If you have an auto accident or someone slips and falls on your property, you will no doubt be responsible for their injuries. The purpose of an umbrella policy is to cover the liability that exceeds the amount set forth in your car insurance policy or homeowner’s policy.

Depending on the carrier, umbrella policies can be written to offer a broader form of protection that covers damages not typically covered in other policies, such as slander or libel. This coverage can help pay for the resulting costs associated with any legal fees.

If you become the target of a lawsuit involving a large sum of money, but your insurance will not cover the damages that could arise, the expenses will have to be paid out-of-pocket. This could be disastrous for you financially. The umbrella policy could prevent a serious financial hardship that could be difficult to recover from.

Let High Favor Insurance provide you with a no-obligation quote or answers to any questions you may have. Contact our team today. You will be glad you did.

Three things you might not already be aware of when it comes to renters insurance

Those who live in a rental unit in Birmingham, MI should carry renters insurance to protect themselves financially. Consider High Favor Insurance if you are looking for a renters insurance policy in your area.

When you purchase renters insurance, it’s vital that you’re well-informed about this type of insurance. The following are three things you might not already be aware of when it comes to renters insurance. 

Renters’ insurance can cover you temporarily if your rental unit becomes uninhabitable.

Some renter’s insurance policyholders might not realize that they can file a claim to cover their hotel bill temporarily if their home becomes uninhabitable. This type of coverage is called additional living expenses coverage. 

There are often discounts available for renters insurance policies.

Looking for discounts for which you are eligible is a great way to save on renters insurance costs.

Providers often offer discounts if your rental unit features certain safety or security features such as deadbolt locks, a fire alarm system, fire extinguishers, or sprinkler systems. You may also enjoy a premium discount if you pay upfront rather than monthly. 

Standard renters insurance usually won’t offer coverage for flood damage.

Although renters coverage can cover you for many different types of damage, you should realize that you will not be covered by renters insurance in the event of flood damage. In this regard, renters insurance policies are similar to standard home insurance policies. 

At High Favor Insurance, we’re happy to help renters in Birmingham, MI to meet their insurance needs. If you want to learn more about renters insurance, call us. We can answer your questions and provide you with a policy quote.