Given that 99.9% of all businesses in the US are small businesses, ensuring their security is vital. High failure rates amongst small businesses can be mitigated by obtaining appropriate commercial insurance. As independent insurance agents at High Favor Insurance in Birmingham, MI, we work in our customers’ best interests. We recommend various insurance lines that are beneficial to you and your business.

Commercial Liability Insurance

As a small business owner, you have invested significantly in your business’s success. The more prosperous you become, the higher the risk of dealing with lawsuits. Liability insurance can save your small business from possible legal threats. Commercial liability insurance covers you up to your policy’s limit and aids with accumulating legal fees.

Commercial Property Insurance

Commercial property insurance isn’t merely about the physical structure. If you own the building, it covers both the building and its contents. If you’re renting, it covers the contents. This insurance safeguards all the assets required to run your business. If you are a plumber, it covers your tools, inventory, and all necessary business things. If you own a small factory, it covers machinery, inventory, raw materials, office equipment, and records.

Business Interruption Insurance

This kind of insurance helps provide the cash necessary to pay bills and salaries when your business is shut down due to a covered event.

For the right commercial insurance to safeguard your small business, consider High Favor Insurance in Birmingham, MI. Contact our office today.

When it is time to up the ante on fun, there are few better options than your favorite recreational vehicle. From golf carts to snowmobiles to dirt bikes, jet skis, and more, recreational vehicles offer fun, excitement, and adventure like few things can. The bad news, however, is that these often exhilarating machines can also present more than a few risks, which is why recreational vehicle owners in and around the Birmingham, MI, area turn to the experienced, professional, and friendly agents at High Favor Insurance for all their recreational insurance needs.

Recreational Insurance for All Your Toys

In most cases, we enjoy the fun and all the action our recreational toys offer without any problems, but sometimes, accidents happen. When those accidents result in damages and expenses, though, that is also when your recreational insurance policy will be appreciated most. It also doesn’t matter what type of recreational vehicle or vehicle you own because you can protect all your powered toys with the right recreational insurance policy. From risks like theft to accident damage and more, having insurance for your recreational vehicles is an excellent way to protect your toys and your fun.

Insurance for Your Fun and Recreational Vehicle in Birmingham, MI

If you live in the Birmingham, MI, area and have questions about recreational insurance for your recreational vehicle or need coverage and protection for your recreational vehicle, we can help. Contact us to learn more and schedule an appointment today for the insurance solutions you need to protect your fun and recreational vehicle at High Favor Insurance. Recreational vehicles are designed for fun, and at High Favor Insurance, we provide insurance designed to protect you and your recreational vehicle.

Like home insurance, condo insurance is a crucial part of protecting your property in the case of a natural disaster. However, there are limitations to what the policy will cover. Owners located in the Birmingham, MI area should ensure that they have proper coverage, as it’s common for tornadoes, storms, and flooding to occur. Our team at High Favor Insurance wants to ensure that you get coverage that fits your needs, and we’ll walk you through what condo insurance covers.

What Natural Disaster Policies Cover

Condo insurance policies will include coverage for a natural disaster up to a certain amount. A few factors, including your area, the type of natural disaster, and your policy plan, determine this amount. Generally, policies will include coverage for hail, wind, storms, etc. However, natural disaster policies often don’t include earthquakes or flooding.

Condo insurance differs slightly from home insurance as it can cover damage due to a neighboring unit. This means that if a natural disaster damages an adjoining unit and affects your property, you’ll be covered.

How to Get Fully Covered Condo Insurance

To ensure that your property is protected, adding additional insurance policies to your condo plan is advisable. Flooding is often common in the Birmingham, MI, area, and it can wreak havoc if it significantly damages your home. By taking proactive steps and discussing your options with a professional at High Favor Insurance, you can determine your eligibility for additional plans, giving you peace of mind.

How We Can Help

Natural disasters can affect anyone anywhere, and without proper coverage, you could be looking at substantial damage without any coverage. Speaking with a High Favor Insurance team member can ensure your condo is protected. We’re here to provide you with the peace of mind that comes from knowing your property is secure. All you’ll need to do is contact us today, and we’re ready to help.

There’s no disputing it: severe storms are becoming more frequent and intense, especially during certain times of the year. If you use your RV during these periods, it might be at risk of serious damage. Protecting your RV in Birmingham, MI, or wherever you adventure safeguards your investment. High Favor Insurance can assist you in finding the most suitable insurance to cover your RV.

Does Your Policy Provide Comprehensive Coverage?

Answering this question is extremely crucial. The comprehensive part of your policy covers non-collision-related risks, including damage from hail, wind, and other storm dangers. However, having a comprehensive component in your RV insurance might not provide enough vehicle coverage. You need to scrutinize the policy’s language to understand which hazards it covers. While it might mention storm damage cover, some policies may only repeatedly cover damage to awnings or roofs, not covering other parts of the vehicle. Inadequate coverage could end up costing you thousands of dollars in out-of-pocket expenses if your vehicle undergoes damage from an uncovered peril.

What Should Be Included in My Policy?

When considering storm damage coverage for your RV, you should aim for more than just coverage for roof panels torn off by wind. Leaks sometimes flood the interior, causing damage to electronics, furniture, clothes, and everything else inside. Damage from hail, trees, falling branches, and more can lead to dents, shattered windshields, and other unforeseen damages. If you explore extensively during the storm season, you might want to include language that is as comprehensive as possible to cover all potential risks.

Working with High Favor Insurance, which serves residents of Birmingham, MI, will equip you with an RV policy that suits both your needs and budget. Get in touch with our agents today to embark on obtaining a comprehensive RV insurance policy.

If you own a boat, you have a lot of things that can happen to your boat, other boats, and the people out on the water. Many boating accidents occur every year, and they can be costly to take care of. If you get into a boating accident, having a boat insurance policy to protect yourself pays. Without boat insurance, you could be out an enormous amount of money that will go to the damage caused. If you don’t have boat insurance yet, call us at High Favor Insurance in Birmingham, MI.

Boating Accidents

When a boating accident happens, the fault is usually decided, just as it would be with an auto accident. If you’re at fault for a boating accident, which can easily happen, you will be responsible for all the associated costs. This is often the injuries caused to other people as well as any damages caused to other people’s property. You may hit another watercraft and owe for the repairs or replacement of that watercraft. If there are injuries, you could end up with huge medical bills you have to pay. Your policy requires liability coverage for both bodily injury and property damage. 

Collision Coverage

Like auto insurance, boat insurance can include collision coverage if you choose it. This pays for the damage to your own watercraft if you get into an accident. It’s important to have this coverage to protect your investment in your boat. Don’t go without this coverage for your own financial protection in case of accidents. 

Get Boat Insurance 

Don’t wait another day when you need a boat policy to protect yourself financially. Call us now at High Favor Insurance in Birmingham, MI, to get started with a policy. 

Selecting the right insurance coverage for your personal and professional life can be challenging. High Favor Insurance is dedicated to providing you with the necessary information for making informed insurance decisions. In this piece, we focus on three primary reasons you should consider an umbrella insurance policy.

1. Protect Your Significant Assets

The more assets you possess, the more you risk losing. You can mitigate this risk by protecting your assets with an umbrella insurance policy, which is especially useful if you or your business is sued.

2. Mitigate Potential Income Loss

If you’re self-employed or own a business, it’s common to experience fluctuations in work frequency. An umbrella insurance policy can safeguard against potential income loss in the face of unexpected circumstances.

3. Secure Your Landlord Interests

An umbrella policy is crucial for landlords with rental properties as a source of income. In case of an unforeseen event causing harm to a tenant or their property, you may be held responsible—an umbrella policy offers a security net for such instances.

High Favor Insurance, serving Birmingham, MI, is here for all your insurance needs. Whether you’re contemplating the idea of an umbrella insurance policy or have already decided it’s a necessary step, our team is eager to help. Reach out to us today or stop by our office to learn more.

Why Renters Insurance is Essential in Birmingham, MI

Renters insurance is designed to protect personal belongings in a rented property and provide liability coverage in certain situations. Covering the same destructive events as homeowners insurance, such as fires and thefts, renters insurance is generally easy to obtain. But is it mandatory for tenants in Birmingham, MI? Let’s delve deeper.

1. Requirements

While not mandated by law in Michigan, many property managers and landlords in Birmingham require renters insurance. Some insist on this coverage because it indirectly safeguards them against potential lawsuits.

2. Benefits

Beyond any landlord requirements, renters insurance provides several benefits. It covers your possessions and can arrange for temporary accommodation if you are displaced due to a covered event. If someone incurs accidental injuries while visiting your apartment, your liability coverage may take effect. And, in the event of a power outage, your policy could cover food losses exceeding your deductible.

3. Exceptions

Renters insurance doesn’t cover everything. For instances of earthquakes or floods, consider obtaining additional policies. Landlords rarely require such coverage, but living in an area prone to such natural disasters can prove invaluable.

At High Favor Insurance, we serve Birmingham, MI, and the wider county, helping you secure an ideal renters policy tailored to your preferences. Contact us today to learn about coverage from over 20 carriers in one call. Let our dedicated High Favor Insurance agent guide you through your insurance journey.

Are you considering upgrading your liability insurance policy to extend your coverage and have questions about specific events and risks covered by comprehensive auto insurance? The insurance professionals at High Favor Insurance are here to help! Learn about a few of the features and benefits of comprehensive insurance in Michigan from the experts and get maximum protection for your ride. 

Get Maximum Protection for Your Ride with High Favor Insurance

High Favor Insurance offers comprehensive auto insurance policies for local drivers that provide maximum coverage to ensure that Michiganders are protected in all driving situations. Navigate the city confidently with a comprehensive auto policy that includes add-on features like emergency roadside assistance, rental car coverage, glass repair, and more. 

Michigan Comprehensive Auto Insurance Basics 

Full coverage auto insurance is a type of coverage that safeguards Michigan drivers from non-collision-related incidents and accidents. Full coverage auto insurance adds another layer of financial protection that shields drivers from the economic fallout resulting from unexpected mishaps while driving or even parked. 

Why Drivers Need Comprehensive Auto Insurance Coverage in Birmingham, MI

Liability insurance policies only cover basics regarding collisions and auto accidents. Drivers looking for complete auto insurance protections opt for comprehensive insurance to extend their coverage to include incidents of natural disasters, theft, flooding, vandalism, and other non-collision-related accidents. 

Contact a Licensed and Friendly Insurance Agent to Learn More!

Still have questions about how to upgrade your current auto liability policy to include comprehensive coverages? Contact a licensed insurance agent at High Favor Insurance in Birmingham to learn how comprehensive insurance works, how to file a claim, and get a comprehensive insurance quote today!