Property Insurance in Michigan

It’s not just the structure of your dwelling that is an investment – everything inside of it is worth something. This is particularly true about expensive items and valuables. If you’re the kind of person who likes to buy fine art and décor to keep inside your home, you should consider buying property insurance in Michigan for these expensive items. Coverage for art might at be a little different from other policies and it might not be all that familiar to many individuals. If you want to understand fine art insurance better, these pointers should help shed some light.

What You Need to Ask When Buying Property Insurance in Michigan for Art

  1. Will Your Insurance Provider Grant a Guaranteed Value? – Many of the possessions you have in your home are insured based on their actual cash value. This means you will only be able to get the current worth of your items if and when they are subject to damage or loss. For example, a TV that was bought 5 years ago would only cost a fraction of its original price now, thanks to depreciation. That might not be enough to buy a TV replacement in present day which could be 3 times the worth of your older model. For art pieces, you should ask your insurance provider if they are amendable to settle on a guaranteed value – that is, no matter what the year or the state of the art piece you’re buying property insurance in Michigan for, you will get an agreed amount listed in your policy.
  2. Will New Items Be Automatically Covered? – Many art enthusiasts buy their art abroad where there is a wider selection. A big concern for overseas art buyers is that their purchases might see damage or destruction between the time of purchase and possession, which leads to the question – will an insurance provider allow immediate coverage of newly bought items? If so, how long will the coverage last? Discuss this with your insurance provider from here so you get a better understanding of whether or not you should purchase art while overseas.
  3. Will Works in Progress be Insured? – If you commissioned an artist to create something for you, will your insurance provider offer coverage for the unfinished piece? If that piece becomes damaged or destroyed before it sees completion, will your insurance provider grant you coverage for what portion of the project was completed?

Medical Insurance in Michigan

One of the benefits of employment is that many employers will usually grant health insurance to their employees. While companies are not mandated by law to provide medical insurance in Michigan, employers who fail to provide insurance to a workforce of over 100 employees can and will be given a tax penalty. Oftentimes, this tax penalty costs more than the worth of buying group health insurance for their workers, which is why many companies decide to purchase group insurance from somewhere like instead. There are certain questions and confusions that surround the realm of group health insurance, and as an employee paying for this benefit, it is your responsibility to understand exactly what you’re getting.

Common Questions about Group Medical Insurance in Michigan

  1. Who Decides the Specifics of the Policy? – When thinking about the authorities that control a group health insurance, it’s important to keep in mind that your employer is the one who purchased it in the first place. That said, your employer stands as the master policyholder while the employees are certificate holders. This means your employer gets to decide the specifics of the policies they hand out, the coverage it offers, and the cost of the premiums. Employees are simply those who avail of the benefits.
  2. How do Premiums Work Under Group Medical Insurance in Michigan? – Because employees are the ones who will take advantage of the policy if and when the time to make a claim comes up, they will still have to pay a portion of the premium. But your employer will most likely answer for a large chunk of the expenses, which means you won’t have to pay the full amount. This is one of the perks of having group medical insurance from a company like this. When payment time comes rolling around the corner, you won’t have to worry about having to head out and make a deposit as well, as the portion of the premium payment coming from your end will be taken directly out of your paycheck.
  3. Can Employees Avail of Benefits as Soon as They are Hired? – The answer is no. Much like any other insurance policy, you should expect that there will be an enrollment period which will be the only time your insurance provider and employer will be able to make their dealings regarding your insurance policy. Employees might have to wait 90 days before their policy is put into effect, so you should expect there to be some waiting time before you can reap the benefits of your medical insurance.

Automobile Insurance in Michigan

Who else wants to save a mountain of money on automobile insurance in Michigan?

Though it is easy to fall into the trap of believing that automobile insurance in Michigan is simply money you throw right out the window every month, it’s important that you do absolutely everything you can to not only find the cheapest insurance available – but that the insurance that you purchase from is worth far more than the asking price!

This is a bit more challenging than a lot of people make it out to be.

Even though the web has certainly leveled the playing field when it comes to finding out about red-hot automobile insurance in Michigan deals, the truth of the matter is you’re never going to be able to save money on auto insurance in MI unless you know the secrets that we are able to share with you below.

Ready to save a mountain of cash on your car insurance?

Bundle everything you can

The easiest thing you can do to save a lot of money every here on your automobile insurance in Michigan – as well as any other insurance coverages you have – is to bundle the different types of coverage you are already paying for with the same company.

Most car insurance companies offer all kinds of other insurance options, and when you bring all of your insurance under one roof you’re not only going to be able to save money on your auto policy – but you’re going to be able to save on ALL of your policies!

It doesn’t get any better than that!


Push your deductibles as high as possible

Another tip you’ll want to keep in your back pocket to save money on your automobile insurance in Michigan is to push your deductibles just as high as you can reasonably afford.

Higher deductibles are going to mean more cash out of pocket should you have to take advantage of your auto insurance, but it also means less cash out of your pocket every month when you pay your premiums.

It is certainly something to consider!

Clean up your credit history

A lot of people are unaware of the impact that their credit history has on their auto insurance bills, but it is one of the elements that all insurance companies take a very close look at. If you want to save more money on your automobile insurance in Michigan, clean up your credit and you’ll start saving automatically!