You have probably heard of umbrella insurance, but if you are still unsure of what it is and why you need it, we will explain more here. You can think of umbrella insurance as a way to build the defense up in your wealth strategy. It protects the money you have built up from being[…]
Why You Need Umbrella Insurance in Place
By John Scott Insurance Umbrella Insurance Mar 02, 2023
Do You Really Need Umbrella Insurance?
By John Scott Insurance Umbrella Insurance Mar 18, 2021
You have insurance coverage for your car and home, and that is all you need right? Wrong. Umbrella insurance is a type of coverage that adds extra liability coverage over your other policies. It is meant to keep you and your loved ones protected during times that you may have very large liability claims or judgments,[…]
Michigan PIP and Umbrella Policies Go Hand in Hand
By John Scott Insurance Umbrella Insurance Jul 02, 2020
Anyone can benefit from the additional liability limits they would have with an umbrella policy. If you own a house, automobile, boat or have liability risks where your personal assets may be exposed, investing in an umbrella policy can help. With the recent PIP changes in Michigan also, there is an even greater need for[…]
6 Reasons You Want an Umbrella Policy in Place
By John Scott Insurance Umbrella Insurance May 21, 2020
You may be wondering what exactly umbrella insurance is and if it is really something you need. A good way to view it is to ask yourself what would happen to your home, business, and family if you were sued for a significant liability charge? This is when an umbrella policy is needed and can[…]
MICHIGAN NEW ‘NO-FAULT’ REFORM
By John Scott Insurance Umbrella Insurance Mar 05, 2020
As you may be aware, the Michigan Department of Insurance & Financial Services (DIFS) has overhauled the law that has been in place for 45 years requiring UNLIMITED Personal Injury Protection (PIP) as your only coverage choice. As of July 2, 2020, you will have three other Personal Injury Protection (PIP) limits to choose from[…]