When your homeowner’s insurance policy renews, there are a few factors to keep in mind about the replacement cost of your home. These adjustments can be confusing, especially when they result in higher coverage limits or premiums. Understanding how replacement…
Most of us are aware that we should not openly share our passwords with anyone and should avoid reusing the same password for multiple accounts. There are also precautions like having a strong password, using an email address as your…
There is more to your home than just a roof over your head. It’s the place you raise a family and make memories. There are also threats and dangers in and around your home, placing you vulnerable if the unexpected…
Michigan’s auto insurance laws changed in 2020, giving drivers more flexibility when selecting Personal Injury Protection (PIP) medical coverage. One key part of this change involves something called Qualified Health Coverage (QHC) — and understanding how it applies to you…
Businesses with staff who handle inventory, process payments, and utilize digital tools may be vulnerable to internal and external criminal activities, including fraud, theft, and employee dishonesty. Many business owners assume that basic commercial insurance provides sufficient protection, but commercial…
Material misrepresentation in insurance happens, even if it’s accidental. It’s important to properly document and disclose accurate facts when obtaining or renewing insurance policies. Otherwise, you could be in danger of material misrepresentation, leading to possible issues if you ever…
The American Rescue Plan Act (ARPA) was signed into law by President Joe Biden on March 11, 2021. Here is an overview of three temporary provisions affecting employers. These provisions are effective April 1, 2021. COBRA Premiums — Extended…
On February 25, 2021, Michigan Governor Gretchen Whitmer proclaimed Independent Insurance Agents Day to recognize the valuable contributions of independent insurance agents to businesses, individuals, and the state’s economy. At Mason-McBride, we are proud to serve our clients as independent…
Insurance policies are in fact contracts. All contracts, including insurance policies, contain rights and duties. A recent Michigan Court of Appeals case demonstrates that insurance policies are contracts. In the case of Fabatz v. Auto-Owners, December 17, 2020, Fabatz made…
Preparing for winter is a routine part of building maintenance, but if your property is vacant or only partially occupied—whether due to winter or another reason—your approach may need adjustments. Even with fewer on-site staff, maintaining regular care and management…