An Umbrella insurance policy will cover you if you are liable for considerable damage beyond what most insurance policies will cover. For instance, if someone is injured on your property, you could be liable for medical bills and other costs that could reach millions of dollars. A slip and fall could wipe out your retirement savings. Contact Agency Advantage Insurance in West Bloomfield, MI to get a complete rundown of what an umbrella policy would cover.

Understanding Umbrella Insurance

A slip and fall is perhaps the most common reason people get sued, but there could be many other situations where you could be sued and be held liable for millions of dollars. An Umbrella policy will cover basically anything that causes significant harm to different people.

There are policies for businesses and individuals. General and professional liability are covered. Worker’s Comp, business interruptions, and cyberattacks are just a few things a business policy would cover. Landlord liability is another business-related situation where an umbrella policy could be needed.

Legal fees can also be covered under such a policy if you are taken to court. Slander and Libel cases could also result in big damages and an umbrella policy would protect you there. Automobile accidents are another big area where you could suffer significant losses if you are held liable for a serious accident.

An umbrella policy covers you if you are held liable for just about anything and is beyond regular insurance’s limits. The policies are not very expensive because they are rarely needed. If you have significant assets, it is an excellent idea to protect them with an umbrella insurance policy.

Visit or call the Agency Advantage Insurance agency today in West Bloomfield, MI, to get all your questions answered about liability coverage and a possible umbrella policy to ensure you have the protection you need.

Many enthusiasts hold a special place in their hearts for classic cars, which serve as timeless symbols of automotive history and craftsmanship. However, owning and insuring a classic car comes with its own set of unique considerations that set it apart from traditional auto insurance. At Agency Advantage Insurance in West Bloomfield MI, we provide auto insurance for classic cars. Continue reading to learn more.

How Does Classic Car Insurance Differ from Traditional Auto Insurance?

Classic car insurance differs from traditional auto insurance in several key ways. Unlike traditional policies that consider a vehicle’s current market value, classic car insurance takes into account the collectible or sentimental value of the vintage vehicle. This specialized coverage is designed to protect against risks unique to classic cars, such as appreciation in value over time and the higher costs associated with repairs and restoration.

Additionally, classic car insurance often comes with agreed or guaranteed value coverage options, which means that in the event of a total loss, you receive an agreed-upon sum without depreciation. Traditional auto insurance typically follows actual cash value (ACV) guidelines, which could result in lower payouts for older vehicles. Finally, classic car policies may have mileage restrictions or require owners to store their vehicles in secure garages when not in use to qualify for coverage, reflecting how these special cars are preserved and protected by enthusiasts.

Contact Agency Advantage Insurance in West Bloomfield MI for Classic Car Insurance

Contact the professionals at Agency Advantage Insurance to have peace of mind knowing your classic car is protected. We specialize in creating affordable and quality insurance policies for classic cars. Contact us today to speak with an agent and learn more about coverage and options for your classic car. 

Riding a motorcycle offers a sense of freedom and exhilaration like no other mode of transportation. However, with this thrilling experience comes the responsibility of ensuring your safety and financial protection on the road. At Agency Advantage in West Bloomfield, MI, we can equip you with the knowledge to navigate the complexities of coverage options, limitations, and legal requirements. Whether you’re a seasoned rider or contemplating your first ride, understanding what lies beneath the surface of motorcycle insurance is essential for safeguarding yourself and your prized machine on every journey.

Important Things to Know About Motorcycle Insurance

When it comes to motorcycle insurance, riders should be aware of the various coverage options available beyond just liability. Comprehensive and collision coverage can protect your bike against damage from theft, natural disasters, or accidents. Additionally, uninsured/underinsured motorist coverage is crucial in case you’re involved in an accident with someone with insufficient insurance or none.

Understanding how your driving record and the type of bike you own can affect your insurance premiums is vital for budgeting effectively. Factors such as mileage driven annually and where you store your motorcycle can also significantly impact rates. Riders should always review their policy regularly and make adjustments based on any changes in circumstances to ensure they have adequate coverage when hitting the road.

Contact Agency Advantage Insurance in West Bloomfield, MI for Motorcycle Insurance

If you need motorcycle insurance in the West Bloomfield area, contact us to talk with an insurance agent. We can help you navigate through the complexities of motorcycle insurance. Contact us today to get started. 

Umbrella policies offer a huge amount of liability coverage for a small monthly premium. When a person or business needs liability coverage as a top priority, they might want to buy only umbrella insurance from Agency Advantage Insurance. It doesn’t work that way, though. Umbrella coverage, a type of secondary insurance, requires ownership of a primary policy first. 

What Qualifies as a Primary Policy?

A policyholder must own an insurance policy that includes a liability component, such as an auto policy or homeowners insurance for their West Bloomfield, MI, home. These insurance policies qualify as primary policies. Other examples of primary policies include:

• Boat and other watercraft insurance
• Classic car insurance
• Business liability insurance.

Once you’ve purchased a primary policy, an agent at Agency Advantage Insurance can help you add a secondary umbrella insurance policy. 

How Does Umbrella Coverage Work?

When an event triggers your primary policy’s liability coverage, our agency pays valid claims using it first. If the claims deplete your primary policy’s liability maximum, the umbrella policy assumes the remainder of the payments up to its policy maximum. Buying an umbrella policy usually provides enough liability protection for most individuals. West Bloomfield, MI, businesses may need larger policy maximums, but the typical umbrella policy offers 1 million dollars of coverage for just a few dollars per month in premiums.

Contact Us Today

Protect your financial security with umbrella coverage. No, we can’t sell you only an umbrella policy. We can help you properly insure your personal or business finances. Call Agency Advantage Insurance today to create your insurance package.

As a resident of the close-knit West Bloomfield, MI community, you have access to excellent healthcare options, but securing your family’s health requires more than that. With help from Agency Advantage Insurance experts, you can learn how to prioritize preventative healthcare and substantial health insurance for your family.

Annual Wellness Checkups and Preventative Care

Scheduling regular health checkups and preventative services enables you to take control of your family’s health. These proactive measures aid in early detection and preventative efforts against potential health issues.

Healthy Lifestyle Adoption

Adopt healthier lifestyle habits like proper hydration, a balanced diet rich in fruits and vegetables, and daily exercise to ensure optimal health.

Utilize Preventive Care Services

Most local health insurance plans now offer preventative care coverage. These provisions allow residents to take advantage of age-specific wellness checkups, annual health screenings, immunizations, and health programs without any extra costs.

Acquire Mental Health Support

Mental and physical health are equally important. Seek comprehensive health insurance that reimburses mental health services, such as professional counseling and therapy.

Understand Your Emergency Options

Learn the immediate steps for emergency health care in urgent and non-urgent situations. Always keep a list of emergency room locations and their contact information close by.

Contact Agency Advantage Insurance in West Bloomfield, MI, and discover the best coverage for your family’s needs! Get your quote today.

Getting the motorcycle insurance features you need can make your life easier. Agency Advantage Insurance offers insurance policies in West Bloomfield, MI. We can provide you with excellent insurance policy features that will give you peace of mind while you’re riding.

Here are four motorcycle insurance policy features that you should be aware of. 

Gap insurance

Gap insurance is important if you are still paying off a loan for your motorcycle purchase.

Gap insurance will cover any difference between the amount you still owe on your motorcycle and the amount you receive on any claim for the total loss of your bike. This way, you won’t end up owing money on a bike that has been totaled. 

Roadside assistance

With roadside assistance, you’ll be able to arrange to have a tow service come to your assistance if your bike brakes down due to a mechanical failure or an accident. Many insurance providers include roadside assistance on motorcycle insurance policies. 

Trip interruption coverage

Trip interruption coverage is important to have if you go on motorcycle trips that are far from home. This feature will cover any costs you face if your bike breaks down or gets in an accident while you’re far from home. 

Trip interruption coverage can cover costs like lodging, dining, and transportation fares. 

Diminishing deductibles

Some insurance providers offer a diminishing deductible feature on motorcycle insurance policies. With this feature, your deductible amount can decrease over time if you go a long period without having to file any claims on your policy. 

Riders in West Bloomfield, MI, can call us to get a policy quote. Give us a call today at Agency Advantage Insurance to learn more about the great features that our insurance policies offer.

Umbrella insurance is one way to secure additional protection for your home or business. At Agency Advantage Insurance in West Bloomfield, MI, we can help you explore your coverage options.

What is Umbrella Insurance?

Umbrella insurance provides coverage above and beyond the limits of your other policies. Umbrella insurance is especially beneficial for people with assets exceeding policy limits or at higher risk of liability claims. There are two general types of liability insurance: personal and commercial. 

Personal Umbrella Insurance

Personal umbrella insurance supplements your personal policies. You can take out this kind of policy to ensure your home, vehicles, and recreational vehicles are covered when their value exceeds your auto insurance limits. You can also lean on umbrella insurance for additional protection against personal liability claims that exceed other policy limits. 

Commercial Umbrella Insurance

Commercial umbrella insurance supplements your commercial policies. Companies must pay any legal costs, medical costs, settlements, judgments, and damage to other people’s property over their policy limits. Umbrella insurance can cover those amounts, eliminating unexpected – and sometimes astronomical – expenses. 

This kind of insurance works with your other commercial policies, like commercial auto insurance and general liability insurance. If a claim is filed, those plans will pay up to the limit, and then commercial umbrella insurance will kick in, covering any out-of-pocket costs above the limit(s). Common expenses include bodily injury, lawsuits, and property damage. 

If the value of your assets exceeds the limits on your personal or commercial policies, you may need an umbrella policy. The team at Agency Advantage Insurance in West Bloomfield, MI is here to answer your questions. Please stop by or call us today!

Owning or driving a classic car is a dream for many young enthusiasts in and around West Bloomfield, MI. However, when it comes to insuring these vintage beauties, young drivers face unique challenges. Classic cars are valuable and have a higher risk profile due to their age and limited availability of replacement parts. 

Classic Car Qualifications

Before considering insurance options, young drivers must understand what qualifies as a classic car. Most insurers classify a classic car as a vehicle that is at least 20 to 25 years old, well-maintained, and retains its original design or has been restored to its original condition. 

Agreed Value Coverage

Unlike actual cash value coverage, which may depreciate the car’s value over time, agreed value coverage establishes a pre-agreed value with the insurer. In the event of a covered total loss, the agreed-upon value is paid out, providing young drivers with peace of mind that their investment is protected.

Limited Mileage Policies

Young drivers who own classic cars often drive them sparingly, using them mainly for car shows, exhibitions, or leisurely rides. Limited mileage policies consider reduced usage, offering lower premiums for those who drive their classic cars less frequently.

Driver Qualifications

Insurers may consider the driver’s age, driving record, and years of driving experience before offering coverage. Young drivers with a clean driving history may qualify for more favorable rates.

Safety and Security Measures

Young drivers should implement safety and security measures for their classic cars to reduce insurance premiums and protect their investments. Installing anti-theft devices, using secure storage, and keeping the vehicle in good working condition can positively impact rates.

Agency Advantage Insurance Can Help You

Here at Agency Advantage Insurance, we can answer all your questions concerning classic car insurance. We assist the West Bloomfield, MI region. Contact us today.

When it comes to motorcycle and auto insurance, nearly every state in the country requires at least liability insurance to be in place for all drivers, including motorcyclists. A liability insurance policy is required in the state of Michigan for motorcyclists. Still, there are other types of coverage you can opt for to protect yourself and the investment you have made in your bike. The agents at Agency Advantage Insurance serving the West Bloomfield, MI area want you to know about these options to make an informed decision about what types of motorcycle insurance you need.

What Does Motorcycle Insurance Cover?

There is an array of different coverage options when it comes to motorcycle insurance. Below are the four main types you can learn more about to determine if you need them for you and your situation.

Liability Motorcycle Insurance

This type of insurance is required for you to have, and it will help you pay the medical bills and property damage you cause in an accident.

Underinsured or Uninsured Motorist Coverage

The last thing you want to do is be involved in an accident, but it becomes even more difficult if you’re involved in an accident caused by a driver who has no insurance or lacks an appropriate amount of insurance. Underinsured and uninsured motorist coverage will help you repair your bike and pay for medical bills if you are injured.

Comprehensive and Collision Motorcycle Insurance

If you want your motorcycle to have the most coverage possible, consider collision and comprehensive insurance. Collision insurance helps you pay for damages that occur if you collide with something. In contrast, comprehensive insurance will help you pay to repair or replace your motorcycle if it is damaged in some unforeseen event. These types of events that are covered include natural disasters, fires, vandalism, or theft.

If you owe a lender for your motorcycle, you may already be required to have both collision and comprehensive insurance policies in place to protect the interest your lender has in your bike.

Contact Agency Advantage Insurance

The agents at Agency Advantage Insurance serving the West Bloomfield, MI area want to ensure you have the appropriate motorcycle insurance to protect you and your bike. Call today for an appointment.

When it comes to motorcycle and auto insurance, nearly every state in the country requires at least liability insurance to be in place for all drivers, including motorcyclists. A liability insurance policy is required in the state of Michigan for motorcyclists. Still, there are other types of coverage you can opt for to protect yourself and the investment you have made in your bike. The agents at Agency Advantage Insurance serving the West Bloomfield, MI area want you to know about these options to make an informed decision about what types of motorcycle insurance you need.

What Does Motorcycle Insurance Cover?

There is an array of different coverage options when it comes to motorcycle insurance. Below are the four main types you can learn more about to determine if you need them for you and your situation.

Liability Motorcycle Insurance

This type of insurance is required for you to have, and it will help you pay the medical bills and property damage you cause in an accident.

Underinsured or Uninsured Motorist Coverage

The last thing you want to do is be involved in an accident, but it becomes even more difficult if you’re involved in an accident caused by a driver who has no insurance or lacks an appropriate amount of insurance. Underinsured and uninsured motorist coverage will help you repair your bike and pay for medical bills if you are injured.

Comprehensive and Collision Motorcycle Insurance

If you want your motorcycle to have the most coverage possible, consider collision and comprehensive insurance. Collision insurance helps you pay for damages that occur if you collide with something. In contrast, comprehensive insurance will help you pay to repair or replace your motorcycle if it is damaged in some unforeseen event. These types of events that are covered include natural disasters, fires, vandalism, or theft.

If you owe a lender for your motorcycle, you may already be required to have both collision and comprehensive insurance policies in place to protect the interest your lender has in your bike.

Contact Agency Advantage Insurance

The agents at Agency Advantage Insurance serving the West Bloomfield, MI area want to ensure you have the appropriate motorcycle insurance to protect you and your bike. Call today for an appointment.