Wills and umbrella insurance are two legal documents people tend to consider later in life. Older people often consider umbrella insurance as they have likely accrued a significant amount of property in their lifetime, which saves a lot of time and money. Older people may also want to consider writing out a will as the end is inevitable and, as they say, you can’t take it with you. These documents can work in tandem to deliver comprehensive protection for your assets and those who will inherit them.

Understanding Your Coverage

Upon the death of the original policyholder, the coverage will remain the same until the next renewal date. At this point, the named insured should change from the deceased’s estate to the estate’s inheritor once it has been sufficiently settled. If the property is a residence, a fire policy may be necessary until the residence is permanently occupied. Because umbrella insurance covers legal and medical fees, your family will not be on the hook for paying them off after you’ve passed on. While taking stock of your assets for your will, it’s a good idea to get umbrella insurance for all these assets so that your loved ones will get what’s coming to them.

Premier Insurance Agency Serving Detroit, MI

If you live in the Detroit, MI, area and are seriously considering umbrella insurance, please get in touch with us at Premier Insurance Agency. We know getting the right insurance policy can be difficult, but our seasoned agents are dedicated to helping you navigate the system and find the policy that is just right for you and your unique needs.

Commercial Cyber Insurance: Protecting Your Business from Cyber Risks

In today’s digital age, few businesses operate entirely without computers. They’re vital for advertising, customer interaction, and managing orders. While computers simplify and enhance many business processes, they also expose businesses to cybercrime. Plus, companies can become potential cybercrime victims through the computer usage of suppliers, customers, and others. If you operate in or around Lakewood, CO, and are looking into protecting your business from the potential financial impacts of cybercrime, feel free to contact us at Premier Group Insurance.

The Fundamentals of Commercial Cyber Insurance

Commercial cybercrime occurs when an individual steals data or hinders a business from fully utilizing its computers and information. Companies that connect to the internet and store information in the cloud are subject to such criminal activities.

Cybercrime activities can cause businesses financial damage, among other consequences. Therefore, it’s pivotal for your business to ensure cyber insurance coverage to safeguard against all three types of risks.

First-party damage from cybercrime arises when an attack compels you to allocate resources to investigate the attack and inform customers or others about how they may have been affected. In addition to these direct business costs, you may also have to make ransomware payments or lose revenue due to an attack.

Secondly, cyberattacks can result in third-party liability, which happens when an attack on your company harms others, causing them to incur losses. Cyber insurance covers such losses and associated expenses.

Lastly, firms offering technology-based products and others must protect themselves against faults, errors, and omissions in their products or services that prompt others to suffer losses.

Engaging with Premier Group Insurance

Premier Group Insurance caters to the business and personal insurance needs of many in the Lakewood, CO, area. Call us today at (303) 233-7878 to discuss your commercial or other insurance needs.

If you have an adventure-based business that gives people recreational activities, there is a special insurance policy that you will need to protect your business. This is recreational insurance, and it’s just right for your type of business. Whether you have an indoor or outdoor recreational business, you need this protection in case of accidents and other incidents that can happen. To get this type of insurance, call us at Premier Insurance Agency in Detroit, MI, and get started. 

High-Risk Activities Need Protection

Many recreational activities have a high degree of risk to them. Even hiking has a lot of potential for various types of accidents. Whether it’s skydiving, boating, biking, fishing, rock climbing, or any other recreational activity, there is some risk of customers having accidents. This can be very expensive for your recreational business. A serious accident could bankrupt a small business if you aren’t adequately insured. This type of insurance can pay for the medical bills and other expenses related to an accident so that your business doesn’t have to pay for them.

Indoor and Outdoor Activities

People usually picture outdoor activities when they think of recreational businesses, but plenty of indoor activities also need this type of insurance protection. Some of these include indoor skydiving, rock-climbing walls, trampoline businesses, slide businesses, and gymnastics studios. Many accidents can happen at all of these and other recreational businesses, so none of these companies should go uninsured. Even one serious accident could mean a lot of trouble for a small business. 

Get Recreational Insurance 

A recreational business can be a big asset to a community, but only if it can stay in business. A serious accident could wipe out an uninsured business. To get insured with the right policy for you, give us a call at Premier Insurance Agency in Detroit, MI.

Purchasing an RV often involves plans of splitting the driving among you, your spouse, and possibly your teenager. Before setting off on a journey from your Detroit, MI, home, verify your RV policy with Premier Insurance Agency. Unless you listed others as approved drivers in your policy at the time of purchase or added them since then, you would be the only authorized driver.

Motorhome Driver Coverage

As the buyer of the motorhome policy, you’re automatically covered as a driver. Additionally, you can name other licensed drivers, like your spouse, in the policy. We recommend this as it offers someone to share the driving duties.

Including another adult driver with a good driving record typically doesn’t affect the cost. If you want to add a teenage driver to the policy, it might slightly increase your premiums. Nonetheless, adding them to the policy is better than having them drive uninsured. Your insurance wouldn’t cover the damage if an unlisted driver was involved in an accident.

How to Add Drivers to the Policy

If you’re preparing for a long trip and have only listed yourself on your policy, immediately call your insurance agent. You can add a driver to your policy in a matter of minutes. You only need their full name, driver’s license number, and address. We’ll provide a form for them to complete, sign, and return. We’ll handle the rest.

Contact Us Today

Contact Premier Insurance Agency before your next RV adventure. We’ll review your policy to ensure you’re covered as you depart from Detroit, MI.

As the vacation season approaches quickly, you may have already planned a few RV trips. Before setting off on the road, you must complete a maintenance checklist. This ensures your safety and security when embarking on an epic adventure traversing across states. 

Oil Change

Changing the oil in your RV before your journey is critical, especially if it was last changed months ago before storing your vehicle. It’s important to allow fresh oil to cycle through the engine, enhancing its performance. 

Battery Check

If you haven’t replaced your battery for a while, it might be time to do so. Since warmer weather tends to wear down older batteries quicker, check your battery life. 

Tire Check

Knowing the state of your tires is essential before you embark on your RV trip. It’s important to examine the tread to determine whether your tires will last for your planned mileage or if they require replacement prior to your departure. Additionally, inspecting your tires can help identify any slow leaks that could become problematic later. 

Check Your Generator

Before reaching your destination and using your generator, make sure to test it while you’re still within easy reach of assistance. Run your generator for approximately six hours to verify that it powers all components in your RV effectively. 

While ticking off tasks on your maintenance checklist, do not forget to include RV insurance. Should you reside in the Detroit, MI area and seek a personalized quote, feel free to contact Premier Insurance Agency agents today.