Who needs renters’ insurance?

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If you rent your home, whether an apartment or a house, you need renter’s insurance. U.P. Insurance Agency Inc. serving Negaunee, MI can help you obtain the policy you need with our affordable coverage options.

You May Have to Purchase Renter’s Insurance

Many landlords write a requirement for renter’s insurance into their leases. Without a renter’s insurance policy, you won’t get to rent the home you want.

Sometimes, the complex in which the homeowner resides requires insurance. For example, your landlord to be might own a condo or townhouse. The condo or townhouse complex can require the renter’s insurance if the homeowner sublets.

Only Your Renter’s Insurance Protects Your Belongings

Your landlord carries home insurance, but it only protects their home, belongings, and their liability. If you host a guest in your rented home who has an accident while there, you hold the liability for their safety.

Your insurance pays for their medical care and the settlement if they sue you. If you don’t own renter’s insurance, the medical care and settlement come out of your own pocket.

Side Benefits of Renter’s Insurance

When a named peril damages the home you rent, your landlord’s insurance protects their financial loss and pays for repairs. Where do you live in the meantime though?

If you own a renters’ insurance policy, your insurance company pays for your hotel in a sense. That’s because a renters’ insurance policy contains a provision for loss of use. Some policies refer to it as an additional living expense benefit.

Contact Us Today

Contact U.P. Insurance Agency Inc. serving Negaunee, MI for the renters’ insurance you need to protect your belongings and liability. Let us help you obtain the policy you need to fulfill landlord or condo/townhouse complex requirements.

Can adult children stay on their parents’ auto policy?

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Like most other states, Michigan has requirements that all drivers must adhere to when it comes to auto insurance. You must have liability coverage and you can opt for complete coverage with collision and comprehensive. At U.P. Insurance Agency Inc. in Negaunee, MI, our team works with customers to personalize their coverage to their particular needs. Different carriers offer different options and not every policy works for every person. 

Can adult children stay on their parents’ auto policy?

Auto insurance is designed to cover all the members of the family who reside in one home. That can be a multi-generational family. So, if grandma lives with you, she can be on your family policy and if the kids live at home, they can be on the family policy. But what about adult children? This can be more difficult. 

If you have college-age children who are away at school, can they stay on the family policy while they are away at school? For the most part, yes, as long as they don’t make a permanent change to their address and they return home during the off-season. They should also be using what is considered a family vehicle. But not every carrier feels the same about this, so be sure to make sure your carrier is on board and, if not, consider finding one who is. 

What about after your children finish college? Can they stay on the family policy? Yes, if they have moved back into the family home and can still be considered a dependent. If they live in a family-owned home other than the main home that also works. They need to drive a family car, however. Check with your carrier to see what age they consider children no longer dependents. 

Contact U.P. Insurance Agency Inc. in Negaunee, MI with any auto insurance questions you may have. 

Do All Homeowners Need Home Insurance?

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Home insurance in Negaunee, MI is not mandatory, but a mortgage lender may require you to invest in home insurance. However, whether home insurance is compulsory, every homeowner should invest in this coverage to protect your home from unexpected calamities. Most homeowners do not have money at hand to repair or replace their homes after damages. For this reason, a solidified home insurance policy from U.P. Insurance Agency Inc. is paramount to protect your investment. While home insurance isn’t mandatory, here is why every homeowner should have this coverage:  

  • Provides liability protection: Home insurance safeguards the policyholder and the loved ones from exorbitant lawsuits emanating from third parties, accusing them of bodily injury or property damage. This policy also kicks in and caters to medical expenses incurred by third parties who sustain injuries in your residence.
  • Asset protection: Your house is one of the most prominent investments you will ever acquire. As such, it requires solidified protection with home insurance. Home insurance compensates you when your house is damaged or needs replacement.
  • Instills peace of mind: Your dream house is one of the things dear to your heart. You have also invested in furniture and other home appliances to make your home beautiful and comfortable. With this in mind, financial stress resulting from loss or damage to your home can be detrimental. Home insurance protects the insured from such fears.
  • Provides additional living expenses: If a covered peril renders your home unlivable, home insurance can step in by covering additional living expenses until your home is repaired.  

Are you looking for tailor-made home insurance coverage in Negaunee, MI? You can always count on  U.P. Insurance Agency Inc. for all your home insurance needs. Get in touch with us today, and we will help you choose a suitable home insurance policy that suits your budget and other needs.

Protecting your boat to and from the water

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The team at U.P. Insurance Agency Inc. understands how much our friends and neighbors in the Negaunee, MI community love their boats! Now is a perfect time to review your boat insurance and make sure you have the coverage you need.

Do you trailer your boat to and from the water?

Many people keep their boats at home and transport them via trailer to and from the water. This can help to save on docking costs and expenses, and can also give you more flexibility when it comes to water options. 

What you may not know, is that not all coverage for boats is the same from policy to policy. If you are involved in an accident or another type of mishap while your boat is on a trailer, the insurance process can become a bit complex.

Be sure that your policy includes robust coverage for any loss or damage that occurs during transport. You may also want to look into the liability coverage as you will need protection for when your boat is both on and off the water. 

Basic boat policies may simply provide the bare minimum when it comes to coverage and protection. By choosing a comprehensive policy, you will be covered in a wider range of scenarios. You don’t want to find out that your protection levels are insufficient after you have been involved in an accident while your boat is in transit.

Be sure that your boat policy includes adequate coverage.

Find out more today!

You can rely on the U.P. Insurance Agency Inc. for all of your insurance needs, including boat policies. If you would like to learn more about the boat insurance options available in the Negaunee, MI area, call or stop by our office today!

Umbrella insurance protects your established business

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U.P. Insurance Agency Inc. is here for the independent business owners in our Negaunee, MI community. We understand how much work and dedication it takes to run a successful business. Let us help you protect yours.

Protect your business with an umbrella policy

When it comes to starting and running a successful business, there is a lot of hard work involved. As your company grows, your insurance needs may also increase. It is important that your commercial coverage provides the protection you need. With an umbrella policy, you can increase the level of protection that your company could potentially need.

Primary commercial policies come with limits. This means that there is a hard stop when the policy maximums are reached. We can help you fill the gap after your primary policy is exhausted. When you add an umbrella policy to your insurance portfolio, you are taking a necessary step to protect your future.

Don’t get caught underinsured, especially after all of your hard work. We advise all of our business clients to do a thorough review of all of their insurance policies at least once a year. This review can help you to address any gaps or shortfalls in coverage before they become a serious problem.

We want to help you keep running a successful business for many years to come! If it’s time for you to increase your insurance coverage, give us a call today. Umbrella policies are a great solution!

Schedule your consultation today

At the U.P. Insurance Agency Inc., we are here to help the members of the greater Negaunee, MI business community. If you would like to learn more about how an umbrella insurance policy can help to protect your company, give us a call and set up a consultation today.

Project your boat during the off-season

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We sure love our boats here in Michigan! And, when you have proper insurance coverage, you can breathe easy during the winter, knowing that your vessel is protected. The team at U.P. Insurance Agency Inc. is proud to serve the insurance needs of the greater Negaunee, MI community. If you want to find out more about protecting your boat, even when it is out of the water, give us a call today.

Keep your boat protected all year long

Even if your boat isn’t in the water, it can still get damaged. With a comprehensive boat policy, you can protect your craft from theft, vandalism, or other damage or loss, no matter where it is. Many owners opt to put their boats in dry dock over the winter, while others choose to keep them at the marina or store them at home. Whichever way you choose, you will still need insurance.

Comprehensive policies can provide protection while your boat is in storage and while it is being transported from one place to another. There are innumerable ways that a boat can suffer a loss, at any time of the year. Fire, bad weather, and theft, to name just a few, can occur at any time. When your boat isn’t being used it can still be damaged, so make sure that you have the right protection in place!

Your boat needs protection both in and out of the water

U.P. Insurance Agency Inc. is here for the boat owners in the Negaunee, MI area. Our team understands that owning a boat carries a lot of responsibility with it. Find out more about comprehensive boat policies by contacting our office today.

What is Umbrella Insurance

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Umbrella insurance can be really important if you are likely to need it at some point in your life. We outline below what umbrella insurance is and what makes you more likely to need umbrella insurance. 

If you wish to discuss umbrella insurance, you can contact U.P. Insurance Agency Inc. in Negaunee, MI to go over the possible quotes available to you. We also strive for the best prices for you and the best coverage customized to your needs.

So, what is umbrella insurance?

Umbrella insurance is similar to liability insurance. Usually, if you add liability insurance to your commercial insurance, you are insured if one of your employees gets injured whilst at work. For auto insurance, liability insurance means that you are covered for the damage to other people’s vehicles or harm done to other people and drivers. In the case of liability insurance linked with home insurance, liability insurance covers visitors in your house who accidentally get harmed. 

As the above examples suggest, liability insurance is a type of insurance that helps you in case you can be held liable in a situation. There are some differences between liability insurance and umbrella insurance, and most of these differences are in how much it covers. In the case of umbrella insurance, it covers a wide range of situations you could be seen as being liable in. This can be relevant for anyone, but if you are in a job or live a lifestyle where it is more likely someone might sue you for bodily or mental harm, umbrella insurance can really help you.

If you think it might be good for you to get umbrella insurance, call U.P. Insurance Agency Inc. in Negaunee, MI or request a quote on our website. 

Required Auto Insurance in Michigan

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Michigan, like all states, has very specific laws about how much and what kind of auto insurance its vehicles have. If you drive in Michigan, you need at least the minimum amount of coverage decreed by the state. But, you can generally add on more insurance coverage to be better protected. If you need auto insurance in Michigan, give us a call at U.P. Insurance Agency Inc. in Negaunee, MI to talk to an agent about your insurance needs. 

Bodily Injury Liability 

There are two minimum amounts of this type of coverage required in the state. One amount is for one person who is injured in an accident that you cause. The other number is the amount available for more than one person who is injured. These liability coverages pay for someone else’s injuries when you have an accident that is your fault. While you have to have the minimum amount, you are free to add more coverage to your policy.

Property Damage Liability

This type of coverage pays for the damage done to another vehicle, or building, in an accident that you cause. This coverage minimum is relatively low in Michigan, so it’s often recommended that you add some insurance protection to this policy. 

Personal Injury Protection

This type of coverage is for your own injuries if you are in an accident. This will pay for your medical bills no matter who is at fault. Michigan requires a large amount of this insurance, so you are less likely to need to add any onto this coverage. However, there are other options for you if you are either a Medicare or Medicaid recipient. You may be able to waive this completely, or you can choose a lesser amount of coverage. 

Michigan Auto Insurance

If you’re in need of auto insurance in the state, call us at U.P. Insurance Agency Inc. in Negaunee, MI.

Michigan Truck Insurance: Steps to Take After a Truck Accident

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After you have been in a truck accident, among the first things on your mind will be your insurance nightmare. This is an overwhelming experience, and it’s normal to make a mistake or two, or worry about what you need to do.

At U.P. Insurance Agency Inc. We want all Negaunee, MI truck drivers to be covered through every accident. Here’s what you need to do after a truck accident.

Seek Medical Attention

The first thing to do after an accident is to report the crash. When you do that, call for medical attention immediately. When you have been in an accident, you are going to experience adrenaline surges, and you won’t be able to feel all the pain if you are experiencing injuries.

It happens all the time, where accident victims realize they have problems days later. Of course, you will report the crash. Get medical attention to those needs immediately, even if you don’t think you need it. That needs to be documented.

Document Everything

A truck accident is a major disaster. You will have police and medical personnel documenting a lot for you. You’ll want to document as much as possible if you can as well. 

Take photos of your own personal experiences, keep all records that are given during and after that experience. Collect names and personal information of all parties involved, even people that “may have” seen something but aren’t sure.

Only Discuss Facts

It is best for you to not say too much during and after an accident because this is a time when your problem is a legal and insurance problem. Even though Michigan is a no-fault state for truck insurance, insurance companies may not always see it that way.

Your insurance company will want to cover your claims, and only what they are responsible for. It’s easy to overstep when you are talking during a tragedy. You will have emotional angst and pain and suffering, but discussing it now could harm you down the road. Try to stick to the facts only, and leave the emotional venting for your loved ones and support system.

Work With Insurance Companies That Care

When you have been in a trucking accident, it’s easy to feel overwhelmed. At U.P. Insurance Agency Inc. we want Negaunee, MI residents to have every need covered during and after a truck accident. We can help you find the company that will be there for you when accidents occur. Call us for a quote or to update your policies today.

Do Food Trucks Need Restaurant Insurance?

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At U.P. Insurance Agency Inc., we help provide Negaunee MI food trucks with the coverage they need to stay on the road. This step often includes restaurant insurance policies.

What Insurance Food Trucks Need?

Over the years, food trucks have become one of the most popular dining options for many people. Even in the Upper Peninsula, towns like Marquette have a high population of these trucks serving food and satisfying guests. But do these trucks need restaurant insurance? Yes – they typically get a specialized coverage option including:

  • Commercial Auto Protection – A food truck is a type of commercial vehicle and, as such, it needs protection from any driving-related issues that may impact it when you’re on the road.
  • Liability Help – If your food ends up hurting anybody or if your truck damages people as you drive, you may need liability protection to keep your food truck from going out of business. 
  • Worker’s Compensation Coverage – When more people work in your food truck than you, it is vital to have compensation coverage to pay for their sick days and injuries. 
  • Lost-Income Protection – If your food truck is damaged or any of its equipment forces you to miss work, you can get income protection to ensure that you don’t experience a financial shortage. 

This type of coverage is similar to restaurant insurance but is explicitly focused on food trucks. As a result, you should find it reasonably easy to adjust your policy to meet your needs as a person. Just as importantly, you may also have an easier time finding a company that can ensure you. 

Protect Your Livelihood 

Please get in touch with us at U.P. Insurance Agency Inc. to get Negaunee, MI food truck restaurant coverage. We’ll adapt your policy to meet your needs as a company and to keep you in business.

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