Motorcycles are enjoyable for riders, but unfortunately, there are dangers on the road for motorcyclists. You can take the necessary steps to stay safe on the road by utilizing these tips. M8 Insurance, serving West Jordan and the rest of the Salt Lake City, UT region, helps you by offering reliable insurance for those unpreventable incidents. 

Always Wear a Helmet

It doesn’t matter in which state you ride. You should always wear a helmet whether it’s the law or not. You never know when something could happen.  

Always Keep Your Mind Fully on Riding

You want to continuously look ahead of you without taking your focus off of the road. This ensures you have an adequate amount of time to react and respond. For instance, if a car pulls out in front of you, it’s essential that you have enough time to maneuver around and prevent an accident. 

Watch for Wet Roads 

Snow isn’t the only form of precipitation that’s dangerous. Even a little bit of rainfall can cause the roads to become hazardous for drivers. Even if it cleared up, you want to be careful on the roads. Slippery roads can make it more difficult for you to stop when you need it. 

Maintenance Your Bike Regularly

Make sure you routinely maintain your bike. If you’re unfamiliar with how to do so, make sure you take your bike to the shop regularly. If your bike isn’t well maintained, you could find yourself in a situation where you can’t stop, or something else could happen. 

Get Insurance 

Always have an insurance policy on your bike. It’s the law and will protect you in case you have an accident. Make sure you update it as necessary. 

Contact M8 Insurance, serving West Jordan, the Salt Lake City, UT area, and the majority of the United States, by calling 385-259-8306 today.

The Great Salt Lake is just one of many popular boating destinations in the Salt Lake City, UT area. But before you gear up for a great day out on the water, you’ll need insurance that protects you and your watercraft against any unforeseen liabilities. M8 Insurance has agents that will work with you to find the right coverage for your boat, as well as any other type of vehicle you own.

When it comes to getting a quote for your boat, there are several different factors to be aware of. These factors can have a significant impact on the cost of your boat insurance policy over its lifespan:

• Driving record – Believe it or not, your driving record on land also affects your boat insurance quote. Safe drivers will have an easier time finding affordable insurance.
• Location – Boating in a hurricane and tornado-prone areas may lead to a more expensive quote. Where you regularly store your boat can also influence your quote. Indoor facilities usually offer better protection against potentially hazardous weather.
• Usage – How you use your boat also influences your quote.
• Boat specs and performance – Your boat insurance quote can change depending on the make and model of your boat along with its year of manufacture. Unsurprisingly, newer ships tend to be more expensive to insure. High-performance boats with plenty of horsepowers are usually expensive to insure, also.
• Safety measures – It’s not just the safety equipment on your boat that influences insurance quotes. Taking a certified safety course can also offer some unexpected discounts on your insurance.
• Past claims – The more claims you’ve made in previous years, the higher your insurance quote will likely be.

If you’re a  boater, turn to the experts at M8 Insurance in Salt Lake City, UT today to receive a quote for your watercraft.

The total value of your financial life is your assets. The various categories of assets include personal, such as artwork, cars, checking accounts, jewelry, collectibles, electronics, retirement, and savings accounts. Your assets can also be tangible and intangible such as land and copyrights. Asset protection is a separate area of law, and its purpose is to protect your assets from a civil legal judgment as a result of a lawsuit or from attachment by creditors in any other proceeding. One way of protecting your assets is purchasing an Umbrella or Excess insurance policy. These types of policies require that you have an underlying policy such as a homeowners insurance, automobile, or commercial property insurance. Asset protection insurance is a type of liability insurance.

A typical example of why umbrella insurance is critical is if you are in a car accident and that the passenger(s) of the other car suffer from severe bodily injuries and property damages. Umbrella insurance with a one million dollar limit above the limit of your auto insurance could protect you from financial destruction which exceeds the limits of your auto insurance policy by thousands of dollars. You must pay for these damages that are over the limits of your policy. Umbrella insurance automatically takes over when your auto policy limits are exceeded.

Umbrella insurance pays the excess amount that exceeds the primary policy, but Umbrella insurance is not defined as Excess insurance.

Umbrella insurance, unlike Excess insurance: 

1. broadens or extends the coverage of the underlying policy
2. fills in the holes of coverage that the underlying insurance does not cover
3. sometimes lack exclusions used in underlying primary policies 

Excess insurance cannot provide broader protection than the underlying coverage and could be more prohibitive than the underlying policy. Some carriers blur the lines between Excess and Umbrella insurance.

The M8 Insurance agents in Salt Lake City, UT will provide you with appropriate insurance that will meet your needs. Please call!

Floods are one of the most common natural disasters, and each time a flood strikes, it can leave homeowners and business owners with many repair costs. Yet many people still don’t have flood insurance. A homeowner’s policy will typically not cover any flood damage, so even if you think you are covered in Salt Lake City, UT, you may not be.

Technically, everyone in the country could live in a flood zone and there would still be various levels of risk. Some people think floods can only happen on the coasts, but there are plenty of flood claims made by those who don’t live near the water. A flood can be caused by rapid rainfall accumulation, failing or flooding over a levee, rapid snowmelt, ice jams, or clogged drainage systems, so it’s not just a hurricane that can cause flooding.

Knowing your risk can help you determine how important flood insurance is, and it may even be required depending on where you live. In a high-risk area, you have a 1 in 4 chance of having a flood during a normal 30-year mortgage. A moderate to low-risk area means that your risk is reduced, but it can still happen. One-third of disaster assistance for floods goes to those who live in these areas, so it’s still important to consider flood insurance.

There are also areas that are still undetermined, and it’s just because these areas haven’t had an analysis conducted. It doesn’t mean that there isn’t a risk of flooding. Usually, smaller populated areas are considered undetermined. Speak with an agent at M8 Insurance to help determine your risk for floods.

Contact M8 Insurance, located in Salt Lake City, UT, to get a quote on flood insurance in Texas, California, Nevada, Florida, Colorado, Arizona, and almost every state in the United States. Our agents are ready to walk you through the process and teach you more about your flood insurance options.

 

Owning a condo is a dream for many people. While a condo provides you with the same long-term benefits of owning a home, you also do not have to deal with the same maintenance responsibilities. If you own a condo, you will want to make sure it is adequately covered by insurance. There are several situations in which having condo insurance will be a necessity for you. 

Mortgage Outstanding

Depending on your situation, you may need to take out a mortgage to purchase the condo. Since the condo will be the primary form of collateral for the lender, the bank will undoubtedly require that you have a condo insurance policy in place at all times. In many cases, the lender will require that you have your monthly condo insurance payments escrowed to ensure there is never a lapse in coverage. 

Association Rules

When you live in a condo, you likely will have a variety of association rules that you need to abide by. Some of the most common association rules revolve around insurance requirements. The association will want to make sure that you have coverage that not only protects your property, but also protects all other owners in the building. Your condo policy will provide you with coverage in the event a fire or leak starts in your building that causes more damage. 

If you own a condo in the Salt Lake City, UT area and want to know more about your condo insurance requirements, contacting the M8 Insurance company would be a great option. Our team at M8 Insurance will be able to review your current condo policies and situation to figure out what your insurance needs are. We will then be able to find you a great policy to ensure your Salt Lake City, UT condo is properly covered.

When business owners think about commercial insurance, it can be a bit confusing because the term “commercial insurance” represents a category of insurance coverage, not just a single type of insurance policy. For the owner’s protection, a business may need many types of commercial insurance.

The category of commercial insurance includes such things as workers’ compensation insurance, property insurance, key person insurance, professional liability insurance, product liability insurance, commercial vehicle insurance, business interruption insurance, and umbrella insurance that extends other policy limits and covers special-case needs. A good way to deal with the issues and choices for commercial insurance is to work closely with your agent at M8 Insurance serving Salt Lake City, UT and the surrounding area.

Here are some considerations that help business owners to make sure their commercial insurance coverage is adequate:

• Understanding Coverage: The first step is to talk with your insurance agent to have a comprehensive review of what is covered by existing insurance or proposed insurance that is under consideration.
• Plan for Worst-Case Scenarios: Make a list of the worst-case scenarios. For example, if a business depends very heavily on the participation of a certain person or persons for smooth operations, having key person insurance on these individuals can help a business survive if that person(s) is no longer able to work for the business.
• Use Correct Valuations: It is best to use current replacement values as the amount insured for property, equipment, inventory, and so forth. As an example, if the business relies on equipment that was purchased some time ago, it may be surprising for the owner to learn what new equipment of the same kind costs at current prices. For the business to survive a catastrophic equipment loss, the replacement cost needs to be covered, not what the old equipment is worth.
• Cover Unique Risks: Some businesses have unique risks that require individual coverage. Online retail operations need cybersecurity insurance for damages caused by data breaches, whereas other types of business may not need this coverage as much.

To discuss commercial insurance coverage and to be sure it is adequate, make an appointment for an insurance review with your agent at M8 Insurance in Salt Lake City, UT.

If you rent in Salt Lake City, UT, you may not be aware of all the protections renters insurance can offer. Even though the property itself will be insured by the property owner, your landlord’s insurance will not cover the loss of your personal possessions in the event of a fire, burglary, or other events like vandalism. When you own furniture, clothing, appliances, and other items, it can be difficult to replace them all at once. A renters insurance policy from M8 Insurance can protect you from that kind of loss.

Your renter’s insurance policy will cover all the kinds of belongings listed above, up to the stated policy limits. If you own something particularly valuable, like stereo equipment or jewelry, you may want to purchase a policy with a higher limit or get an umbrella policy that will cover large losses.

Renters insurance doesn’t just help you replace your lost or damaged items; it can also protect you if someone who is visiting your property is injured and sues you. While sometimes the owner will be responsible, the renter may also be found responsible depending on the circumstances. If your rental is damaged to the point that you cannot live there, your renter’s insurance policy can help pay for you to find a place to live. Your coverage will pay for reasonable alternative living arrangements so that you have a place to stay temporarily.

A renters insurance policy in Salt Lake City, UT is less expensive than most people imagine it to be because it will cover only the personal possessions of the renter. If you would like to talk about insurance for yourself or a loved one, please contact M8 Insurance.

Your RV is a great way to travel the country and do it at your own pace. You don’t have to search for hotels or plan everything ahead. You can just go when you want, stop when you want, and enjoy life as you see fit. An RV is also a sizable investment, which is why you need to look to protect it. With the help of M8 Insurance, whether you live in Salt Lake City, UT or the surrounding communities, you’ll have access to the kind of coverage you need to protect your RV investment.

Insurance When You Need It

The thing about your RV is you likely don’t drive it all year. There are times where you keep it in storage or off the road due to weather. With RV insurance, it’s possible to protect your vehicle during certain times of the year. This way, you pay for full coverage when you need it and can switch to a storage coverage when you don’t. All this helps you save money while also protecting your investment. 

Protect Your RV While on the Road

Your RV is like any other motor vehicle. It is just as accessible as other vehicles for sustaining automotive damage. However, unlike other vehicles, there are living elements within the RV which need to be considered whenever it comes to insuring the vehicle. That’s why going over the different RV insurance options is a must to find what fits your budget and RV needs.

Whether you live in Salt Lake City, UT or a nearby community, make sure to contact M8 Insurance for your RV insurance needs. If you are in another state, please contact us to learn more about your states specific laws and requirements. Our agents can work with you to walk you through the insurance process and help answer any questions you may have.