Archive

Archive for December, 2014

For Hire

December 18, 2014 Leave a comment

For Hire

This week we discuss whether or not a personal auto policy would cover you if you decide to drive for a private car service, deliver pizza, or other things to make some extra cash.

Here is an article that gives a general overview on Uber & other “car for hire” services.

This post explains the insurance coverage offered by Uber to their independent contractors (keeping in mind that most personal auto policies will deny coverage even if you’re not using your vehicle “for hire” at the time of loss).

This article explains the HUGE gaps in insurance coverage for those that choose to rent out their vehicles to private car services…

For more information or a quote – call us at (616) 396-1497!

Categories: Uncategorized

Depreciation

December 11, 2014 Leave a comment

 Depreciation

 

This week on “Let’s Talk Insurance” the topic was on depreciation and what it means when it comes to your home & your stuff. It’s important to make sure that you have Replacement Cost coverage for your personal property since it is an optional endorsement.

Matt shared the Wikipedia definitions of Depreciation, Actual Cash Value, & Replacement Value for comparison. He also shared THIS WEBSITE that contains a depreciation calculator in case you wanted to find out what the Actual Cash Value of your stuff is (remembering the example given was 5% a year for depreciation). And conversely, HERE IS a calculator for depreciating items such as household appliances.

If you’re in the state of Michigan or Illinois, give us a call at (800) 968-1497 and we would be happy to get you a quote!

Until next time!

Woodstoves

December 4, 2014 Leave a comment

Woodstoves

 

This week Matt discusses the importance of woodstove safety and a little bit on how insurance companies view woodstoves as heating appliances.

Click HERE to view to woodstove safety brochure from the Fairbanks Fire Department.

 

If you live in Michigan or Illinois, call us today for a quote! 1-800-968-1497

Categories: Uncategorized