Boat Insurance in Michigan

Posted on October 15, 2021October 5, 2021 by admin

Grand Rapids, MI is situated on the banks of the Grand River and is a mere 30 miles from Lake Michigan, making it a wonderful playground for boat and watercraft enthusiasts. Along with owning boats and watercraft comes the necessity of boat insurance to protect your valuable assets. Speak to Dalessandro Agency Inc. about your boat insurance options.

A boat or watercraft can be covered to a certain extent by a homeowners policy. Still, it may affect the premium of your homeowner’s policy, and it may be more practical and affordable to purchase separate boat insurance. There are two main sections in a boat insurance policy.

Physical Damage Cover

This aspect of boat insurance covers the accidental loss or damage to your boat, including the hull and the equipment used to operate the vessel. Any payouts and premiums are affected by the age and size of the watercraft. Remember that depreciation is a factor unless you purchase an Agreed Value Policy for insuring the watercraft for the value it was at the time of the writing of the policy. This type of policy is pricier than one that takes depreciation into account.

Check the policy wording on physical damage resulting from theft and vandalism as boats are sometimes moored away from your personal property, opening you up to further risk.

Liability Cover

This vital part of your boat insurance policy covers injuries to people and damage to property for which you are responsible. Liability insurance for third parties will have safety requirements that need to be adhered to, to payout.

Lastly, boats are not always used year-round, especially in Grand Rapids, MI, so be sure to check policy wording on storage and transportation and ask about additional available coverage options. Speak to Dalessandro Agency Inc. today!

Three unique things about umbrella insurance you should know

Posted on September 30, 2021October 5, 2021 by admin

Your insurance company in Grand Rapids, MI, may probably have suggested that you get umbrella insurance on top of your home and auto policies. The policy might be quite confusing if you don’t know how it works, and that’s why Dalessandro Agency Inc. recommends learning more about the policy before making any purchase. Here are the top 3 unique things about umbrella insurance.

Liability and more liability

Umbrella insurance is all about liability coverage. Our litigious environment puts all of us at risk of getting sued every time because of accidents, including dog bites, malicious statements, threats, and wrong or misleading information. The sad part is that it doesn’t matter if it was accidental or not. Umbrella insurance is designed to add extra liability to what you already have in your home and auto policies. Lawsuits can be expensive to cover. There is a high probability that your home insurance or car insurance may not be adequate to cover all expenses, and that’s where umbrella insurance comes in.

It covers everyone in your family, including pets

While an umbrella policy is a type of personal liability policy, it protects your family members too. If you or a member of your family caused an injury or property damage to other people, your umbrella insurance can come in to cover the remaining amount if any of your primary policies are rendered inadequate.

Everyone needs it

Never say never. Everyone is at risk of getting sued or held liable for any accident they or their family members caused. Whether you’re a parent, asset owner, homeowner, or wealthy individual in Grand Rapids, MI, you will greatly benefit from umbrella insurance, especially if you have limited liability coverage in your primary policies.

Don’t wait till you gather your wealth to buy umbrella insurance; you might end up losing it all. Let Dalessandro Agency Inc. help you find a policy that matches your needs. Call us today!

Can You Get Michigan Life Insurance With Pre-Existing Conditions?

Posted on August 16, 2021August 1, 2021 by admin

The short answer to this question is, yes. If you have a pre-existing condition, you can almost always get life insurance.

When you are looking for life insurance, you will undergo an application process that will determine your eligibility for life insurance. That process will determine what life insurance product you are eligible for, and what you need to do in order to get it.

At Dalessandro Agency Inc., we want Grand Rapids, MI residents to feel secure about their life insurance choices. We can help you get the life insurance you need, even if you have a pre-existing condition.

How to Get Life Insurance

When you apply for life insurance, the life insurance company will collect the following information:

• Current health
• Health history
• Family history
• Lifestyle factors (i.e. smoking/non-smoking)

From there, your provider will determine what kind of life insurance you qualify for, and how much it will cost.

It is important, to be honest when you are looking for life insurance. In the end, what your answers are may not preclude you from life insurance, unless they are not accurate.

When You Have a Pre-Existing Condition

In your life insurance application, you will tell your provider what your health history is, and what your pre-existing condition might be. They will then use that information with their policy underwriters to determine what life insurance you qualify for. You won’t always be automatically disqualified.

From there, you will probably undergo the medical, which happens in most life insurance applications. That involves a nurse coming to your home, taking blood, urine, and vitals, and delivering that to the insurance company.

If there is any impact to your life insurance policy from your pre-existing condition, it is likely going to be your premium costs. Pre-existing conditions will likely impact your premiums, but you will probably still be able to get it.

Get a Quote

When you have a pre-existing condition and want life insurance in Grand Rapids, MI, call Dalessandro Agency Inc. for a quote. We’ll work hard to get you covered, even with a pre-existing condition.

Benefits of Auto Insurance

Posted on July 28, 2021August 1, 2021 by admin

Did you just buy a new car? Have you recently relocated to the Grand Rapids, MI area? Are you interested in upgrading your auto insurance policy? Then you’ve come to the right place! Whether you want to purchase a new auto insurance plan or upgrade an existing one, the friendly and knowledgeable agents at Dalessandro Agency Inc. in Grand Rapids, MI are here to help with all your auto insurance needs! Call or stop by today to get started!

In the meantime, here’s info about how auto insurance can help you!

Most states require drivers to have some form of insurance coverage, or, at the very least, be able to provide proof that they can afford to pay for damages if they are at fault in an accident. In Michigan, it’s mandatory for all drivers to carry a minimum of No-Fault auto insurance, a.k.a. personal injury protection (PIP). This policy protects you and any passengers in your vehicle if you’re involved in an accident, regardless of whom is at fault. Under Michigan’s No-Fault policy, an auto insurance company assumes responsibility for your medical bills and any lost wages if you’re involved in an accident.

Many Michigan drivers invest in extra coverage to cover costs not included under the state’s No-Fault policy. This includes liability, collision, and uninsured/underinsured motorist coverage. If you lease a car, it’s likely that you’ll be required to purchase additional coverage, such as collision coverage and/or comprehensive coverage. Comprehensive coverage is beneficial for all drivers because it encompasses damages not caused by accidents, such as theft.

Let’s face it – accidents happen. Don’t wait until the damage is done. Get the protection and peace of mind you deserve with the help of Dalessandro Agency Inc. in Grand Rapids, MI!

Tips When Shopping For Commercial Insurance in Grand Rapids, MI

Posted on June 30, 2021June 30, 2021 by admin

If you own a business in Grand Rapids, MI, purchasing business insurance is the easiest and safest strategy of cushioning your business against unforeseen events. Unfortunately, procuring commercial insurance isn’t cut and dry, especially if you haven’t purchased this coverage before. However, whether you know little or nothing about commercial insurance, Dalessandro Agency Inc. shares tips you need to observe when shopping for your business insurance.

Understand the legal requirements

The first tip when shopping for business insurance is to make sure you meet the minimum legal requirements. For instance, if your business is in Michigan, you are required to purchase commercial auto insurance and workers’ comp insurance as a minimum.

Compliance with state-required commercial insurance plans saves your business fines and penalties resulting from non-compliance.

Understand your risks

As a business owner, nobody understands your business as you do. To that end, you are the best person to develop a risk profile for your business. Then, with the help of your insurance agent, you can purchase insurance coverages that protect your business-specific risks.

Know the types of commercial insurance coverages

Commercial insurance is broad. There are many coverages, and you should know those that suit your business needs. If you understand the commercial insurance coverages, it will be easy to choose those that accentuate your nature of business.

Prioritize coverage over cost

While every penny counts, you will blunder if you view commercial insurance as another expense. While it doesn’t come free, commercial insurance saves you significant financial losses in the future when disasters strike.

It can be tempting to pick the cheapest coverage, but it could cost you big time when calamities occur. As such, you are better off stretching your budget a bit more to accommodate a commercial insurance plan that will save your business in the future.

Commercial insurance in Grand Rapids, MI

Would you like to learn more tips about shopping for business insurance in Grand Rapids, MI? Please contact Dalessandro Agency Inc. for more information.

Do all recreational vehicle owners need recreational insurance?

Posted on May 28, 2021May 30, 2021 by admin

The Grand Rapids, MI area continues to provide a lot of great opportunities to have fun at a variety of recreational parks. When you are looking to purchase any type of recreational vehicle, it is always a good idea to have the right insurance in place for it. There continue to be different reasons why the typical person will be required to carry recreational insurance at all times.

Insurance is Required by Lenders

One situation when you will be required to carry a recreational insurance plan is when you have taken out a loan to purchase your vehicle. Recreational vehicles are important assets that can require a significant upfront purchase. If you have purchased the asset through the use of a loan, you will need to comply with the lender’s requirements. This normally includes requiring you to carry a full insurance plan.

Insurance is Required to Mitigate Liability Risk

Another reason that you will need to get a recreational insurance plan is so you can mitigate liability risk. There will always be a risk that you could cause an accident and damage when using a recreational vehicle. As you will be responsible to cover damages, having protection against this risk is very important. With recreational insurance, you will have the protection you need to ensure you are covered if you have to pay for any damages.

If you need to get a new recreational insurance plan, and you are in the Grand Rapids, MI area, it would be a good idea for you to call Dalessandro Agency Inc. There are a lot of great reasons to get recreational insurance, and Dalessandro Agency Inc. can explain all the benefits and options. They can then offer any support you need to choose a new plan.

Motorcycle Insurance Tips To Remember While Researching Coverage

Posted on April 22, 2021April 22, 2021 by admin

Dalessandro Agency Inc. is proud to serve the Grand Rapids, MI community. For over 20 years, we have helped our clients find the coverage they need to protect what matters most. We offer multiple types of policies to help our clients manage different risks. We take pride in our status as an independent insurance agency.

Motorcycle Insurance Tips

During long periods of nice weather, many Michigan residents enjoy traveling around the state on their motorcycles. As you ride through Grand Rapids, MI, and other parts of the state, there are multiple hazards to be aware of. That’s why motorcycle insurance is an asset. The policy adds a layer of protection as you travel around. Here are some tips to remember while researching coverage.

Collision Or Comprehensive

Collision coverage protects you if your motorcycle suffers damage due to another vehicle or object. Comprehensive coverage protects you if your motorcycle is stolen or vandalized. Comprehensive coverage also protects you if your motorcycle is damaged due to a natural disaster or physical contact with animals such as a deer. If you ride your motorcycle regularly, you may need more comprehensive coverage compared to if you only ride a few times every year.

Liability

Liability coverage is important. Accidents happen. Liability coverage protects you if your motorcycle causes damage to someone or their property. If you plan to ride along with someone, you are also covered if your passenger gets injured. If you operate your motorcycle with relatively high risk, consider adding umbrella coverage for an extra layer of protection

Other Things To Consider

You’ll have to amend your policy if you plan to add custom parts to your motorcycle. This is the only way to ensure that your accessories are fully protected if something happens.

Dalessandro Agency Inc. Will Help You Protect Your Asset

Visit our website today to learn more information about motorcycle insurance.

What You Need to Know About Boat Insurance

Posted on March 25, 2021March 25, 2021 by admin

Few things compare to taking your friends and family out on the water in your very own boat. Boat ownership provides a way to spend time outdoors while making memories to last a lifetime. The best way to protect these precious things is by making sure your boat is insured properly. At Dalessandro Agency Inc., serving Grand Rapids, MI, we want to help you make solid insurance decisions. Let’s take a look at what you should know about boat insurance.

Is Boat Insurance Necessary?

Although boat insurance is not required to operate a boat or watercraft, it is recommended in all fifty states. Boat insurance is necessary if you want to protect the investment you have made into your boat. You have invested money and maybe even some time. You want to make sure this investment is not lost due to an accident, fire, storm, or theft.

What Does Boat Insurance Cover?

Boat insurance operates very much like vehicle insurance, with a few differences. In general, a boat insurance policy will cover:

Collision/comprehensive– If your boat is lost or damaged because of an accident, fire, natural disaster, or theft, then your insurance policy will help pay for the repair or replacement of your boat.
Liability– Liability is one of the most important types of coverage for boat owners. If someone is injured on your boat or because of your boat, the insurance policy will help pay for any medical bills or legal fees resulting from the incident. Without liability coverage, you will personally be held responsible for these expenses.

If you would like to learn more about boat insurance or any of our other insurance products, please contact us at Dalessandro Agency Inc, serving Grand Rapids, MI. We will be happy to answer your questions today.

Is Umbrella Insurance for You?

Posted on February 22, 2021February 22, 2021 by admin

Most people have insurance coverage to protect their home, auto, RV, boat, or other assets in Michigan. However, even with this coverage, you could suffer financial loss due to liability issues that lead to lawsuits. Umbrella insurance from Dalessandro Agency Inc. in Grand Rapids, MI increases your liability protection to safeguard your assets against any eventuality. If you’re wondering if umbrella coverage is for you, consider the following:

What is Umbrella Coverage?

Umbrella insurance is personal liability coverage that exceeds the liability coverage you currently have through your home, auto, RV, or boat policies. Umbrella policies don’t stand alone – they supplement other liability insurance policies. Umbrella coverage starts where your other liability insurance leaves off, covering damages above and beyond the limits of your other policies.

What’s the Purpose of Umbrella Coverage?

If you have a substantial amount of assets, you could be at risk of a lawsuit due to an accident on your property or the unintentional injury you cause. An unexpected lawsuit could cut into your savings, investment funds, or even your current and future income, causing financial upheaval in your home. With the extra protection that umbrella insurance offers, you don’t have to worry about unfortunate events leading to financial ruin.

Do You Need Umbrella Coverage?

Your auto, home, RV, or boat insurance policies are limited in the liability protection they have to offer. If the damages of an auto mishap or home accident exceed the limits of these policies, you may find yourself struggling to cover additional costs. Serious accidents can easily lead to lawsuits, putting even more financial pressure on you to cover legal fees and settlement out of pocket. Umbrella insurance can safeguard you and your family from liability issues that threaten your financial future.

To purchase your umbrella policy, contact Dalessandro Agency Inc., serving residents in Grand Rapids, MI.

The Different Types of Life Insurance

Posted on January 26, 2021January 26, 2021 by admin

It is wise to make sure your family is financially protected in case you or your spouse die. However, there are various types of life insurance in the market, so it is vital to make sure you choose what is right for you and yours. The following includes various types of life insurance:

Term Life Insurance

This life insurance has an expiration date where it lasts for a certain number of years, but there will be no payout to your family if you or your spouse don’t die before the expiration date.

Whole Life Insurance (Permanent)

This life insurance lasts for you or your spouse’s whole life and increases cash value as you keep up with the premiums.

Universal Life Insurance

This life insurance policy includes a cash value that goes toward the death benefit and the cash value. You also can change the amounts of the death benefit and premium without obtaining a new policy.

Variable Life Insurance

With this life insurance, you are guaranteed a fixed death benefit and premiums regardless of the market trends.

Simplified Issue Life Insurance

With this insurance, it is not required to take a medical exam. However, instant approval or rejection is determined through a few health questions that must be answered on online health questionnaires using data and algorithms for a quick application process.

Guaranteed Issue Life Insurance

Just about anyone within an eligible age range, usually 40 to 85, can not be rejected and without needing a medical exam.

Group Life Insurance

Employers provide life insurance as part of the workplace benefits. Thus, the company’s workplace as a whole determines the premiums instead of each individually.

Indexed Universal Life Insurance

According to a stock market index, this life insurance relates its cash value, and thus, a formula determines the gains.

The different life insurance types mentioned above are common types of life insurance, and there are more important details about these types of life insurance. Other types of life insurance policies are available, including mortgage life insurance, fully underwritten life insurance, credit life insurance, accidental death and dismemberment insurance, and joint life insurance.

For more information about life insurance, contact Dalessandro Agency Inc. today. For 25 years now, Dalessandro Agency Inc. has locations in Kentwood, Charlotte, and other areas around Grand Rapids, MI. They have been providing outstanding service to people in Grand Rapids, MI and surrounding areas. Contact them today.

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