What Are Some Tips For Choosing Commercial Insurance?

When it comes time to choose commercial insurance, there are a lot of factors to consider. What type of business do you have? What are the risks associated with your industry? How much coverage do you need?

These are all critical questions that need to be answered before purchasing insurance. This blog post will discuss tips for choosing commercial insurance to help you find the right policy for your business.

1. Know Your Business

The first step in choosing commercial insurance is to know your business. What type of business do you have in Salt Lake City, UT? What are the risks associated with your industry? This information will help you determine the kind and coverage you need.

For example, if you have a business that involves a lot of physical activity, you’ll need to ensure liability coverage in case someone is injured. If your business is based online, you’ll need data breach coverage if your customer’s information is compromised.

2. Determine the Coverage You Need

Once you know the risks associated with your business, you can determine the coverage you need. This will vary depending on the size and type of your business. For example, a small business will need less coverage than a large corporation. A manufacturing company will require different coverage than a service-based business.

3. Get Quotes from Multiple Insurance Companies

Once you know the coverage you need, you can start shopping around for insurance policies. It’s essential to get quotes from multiple insurance companies, such as M8 Insurance, to compare rates and coverage. Be sure to read the fine print to understand what is and is not covered by each policy.

4. Choose the Right Insurance Company

Choosing the right insurance company is just as important as selecting the right policy. You want to ensure you’re working with a reputable company that will be there when you need them. Research each insurance company before making a decision.


Choosing commercial insurance can be daunting, but ensuring you have the right coverage for your business is essential. You can find the right policy for your business by following these tips. M8 Insurance in Salt Lake City, UT will help you find the perfect policy for your business.

What Are The Different Types of Auto Insurance Coverage?

Auto insurance coverage comes in various types and can be purchased separately or together as a package. The most basic form of car insurance is liability coverage, which is required in most states and helps cover the costs of injuries and property damage to others during an accident. 

Other types of insurance, such as comprehensive and collision, provide protection against damage to your car in the event of a crash. Some types of insurance, such as gap insurance, may only be required if you have a leased car. You can inquire with M8 Insurance in Salt Lake City, UT

What the Different Auto Covers Means

Auto insurance policies can differ significantly, so shopping around and discussing your needs and coverage preferences with your insurer is essential. If you own a car, you’ll need some form of coverage to protect other people if you are at fault in an accident. 

If you don’t own a car but drive often, you might want to explore a non-owners policy that offers liability coverage but doesn’t provide a car. If you’re financing a car, you’ll likely need to purchase physical damage coverage, which is usually required. It also covers things like hail damage. 

Liability car insurance is mandatory in every state and covers the costs of injuries or property damage caused by your car. Comprehensive car insurance is an optional form of car insurance that covers a range of unfortunate events not covered by liability car insurance, such as car repair/replacement due to storms, floods, and vandalism. 

Common types of auto insurance are: 

  • Liability coverage
  • Uninsured & underinsured motorist coverage
  • Comprehensive coverage
  • Collision coverage
  • Medical payments coverage
  • Personal injury protection

Bottom Line

To get the best car insurance rate, you need to let your insurer know if you have any high-risk activities. These include frequent travel, hauling hazardous materials, or driving a sports car that can significantly increase your risk. For consultation in Salt Lake City, UT, call M8 Insurance.

Don’t skip on renter’s insurance!

M8 Insurance is here to provide the greater Salt Lake City, UT community with all of its insurance needs. This includes renter’s insurance, which is a type of coverage that can be overlooked. We can help you find the right policy for your needs. Give us a call or stop by.

Why you need renter’s insurance

The main reason you need renter’s insurance is to protect your personal articles and belongings. This will make your life easier if you suffer a covered event like a fire, robbery, or water damage. Without renter’s insurance, you can be financially responsible for replacing all your lost or damaged items. This can be a serious burden, especially for people who are just getting started. 

While your landlord’s insurance won’t protect you or your items, it’s not difficult to obtain your own insurance protection. This can be as simple as a basic policy that you pay for monthly. Or, you can opt for a more robust policy that you pay annually. Whatever works best for your budget, it’s important to find some type of insurance policy protection.

Don’t think that you don’t need a renter’s policy. There are more reasons to have a policy than not to. Your decision can make a massive difference to your financial health and future. When you have to rebuild your life from scratch, it can put you behind for many years to come.  

Find out more today!

If you are a renter in the Salt Lake City, UT metro area, count on M8 Insurance for your renter’s policy. We can help you find the policy that best meets your needs and enables you to protect your home and belongings. Please stop by our office or give us a call today! 

Why You Need Renter’s Insurance in Salt Lake City, UT

Do renters need insurance in Salt Lake City, UT? The answer is a resounding "yes!" If you’re a renter in Utah, it’s vital to have renter’s insurance. Here are four reasons:

1. Your Belongings are at Risk

If you don’t have renter’s insurance and something happens to your belongings, like a fire, theft, or vandalism, you’ll have to replace them yourself. And, if you don’t have the money to do so, you’ll be stuck without your stuff.

2. Your Landlord’s Insurance Won’t Cover Your Belongings

Even if your landlord has insurance, it likely doesn’t cover your belongings. So, if something happens to them, you’re out of luck. Your M8 Insurance agent can help you find a policy to protect your possessions.

3. You Could be Responsible for Injuries to Others

If someone gets hurt in your apartment, they could hold you liable. And, if you don’t have renter’s insurance, you’ll have to pay for any damages out of pocket. Another reason to have renter’s insurance is to cover your legal fees if someone sues you.

4. Temporary Housing Costs

If you have to move out of your apartment while professionals restore it to its previous condition, your renter’s insurance may cover the cost of temporary housing. Help with these expenses can be a lifesaver if you’re not prepared to pay for a hotel out of pocket. Don’t assume your landlord’s insurance will cover you in case of an emergency-get renter’s.

Renter’s insurance is vital for anyone renting an apartment in Salt Lake City. UT. It can protect your belongings in case of a fire, theft, or vandalism, and it can also cover your legal fees if someone sues you. Get a policy from your M8 Insurance agent today.

Do I Need RV Insurance in Utah?

If you own or drive an RV in Utah, then you are required to have insurance. Utah requires that RV owners carry the below minimum insurance requirements:

  • $25,000 per person for bodily injury liability
  • $65,000 for two or more persons for bodily injury liability
  • $15,000 for property damage liability

Given that these minimums are the same for general auto insurance, most RV owners will want to purchase additional coverage given the expected damage that an RV could cause in an accident. Utah RV insurance policies typically include coverage for liability, comprehensive, and collision with the latter two having a deductible associated with them that must be exhausted before your insurance benefits kick in. Additionally, you’ll have the ability to customize your RV insurance with optional coverages for things like vacation or campsite liability, emergency expense coverage, and roadside assistance. 

The cost of RV insurance varies greatly depending on your driving record, demographics, and location. Additionally, the type, class, make, and model of your RV dictate the premium cost. Since an accident involving an RV is likely to cause more damage than a vehicle accident, you can expect RV insurance to cost more than your auto policy. 

For more information on RV insurance and to purchase a policy, let the team at M8 Insurance in Salt Lake City, UT earn your business. With our commitment to putting our customers first, we strive to deliver excellent service with transparent conversation. Give us a call today or visit our website to schedule a no obligation consultation with a member of our team. We can’t wait to help you with all your RV insurance needs.

Motorcycle Insurance FAQs

If you ride a bike, you know safety is the highest priority while on the road. And motorcycle insurance is that safety net. You have many questions while searching for the right and reliable motorcycle insurance, especially one that fits your lifestyle. At M8 insurance of Salt Lake City, UT, we help answer all the critical questions and advice on the right policy for your motorcycle. That said, let’s answer some frequently asked questions about motorcycle insurance.

What does motorcycle insurance cover?

Standard motorcycle insurance will have liability damage that is bodily injury or property damage to a third party. However, motorcycle insurance has other coverages available depending on your need. There are comprehensive, medical, uninsured, or underinsured coverages and much more.

Why is motorcycle insurance important?

Motorcycle insurance is mandatory for most states, including Utah. But besides following the law, motorcycle insurance protects you from unplanned accidents that could cost you thousands of dollars. Think about lawsuits if you got sued following an accident, medical expenses, and property damage.

How much insurance do I need?

It will entirely depend on your needs. However, some factors determine how much insurance you need for your bike, for example, the make or type of your bike and how you intend to use it. Be sure to talk to trusted insurance for guidance.

How does motorcycle insurance work?

Like any other insurance, motorcycle insurance will cover you up to a certain limit. If you cause bodily injury to others, your liability coverage will cover you up to your policy limit. If the claim goes beyond your limit, you will be responsible for the extra cost. The policy may also cover other additional coverages you may have, like roadside assistance.

Motorcycle insurance in Salt Lake City, UT

When it comes to insurance, get it right from the word go. It will help you avoid disappointments during a claim. Be sure to ask a trusted insurance agent if you are unsure of something. If you are in Salt Lake City, UT, and its surroundings, contact M8 Insurance for all your motorcycle insurance needs.

The Ins and Outs of Your Motorcycle Insurance

Motorcycle insurance is vitally crucial for bike owners but is sometimes not well understood. Is it like an auto insurance policy? In essence, yes, but it does have some minor differences. Let us at M8 Insurance explain what Salt Lake City, UT, residents need to know about their insurance.

Do You Need Motorcycle Insurance? 

A vast majority of states do require you to have motorcycle insurance. Only a handful do not, such as Washington and Montana. Utah does require motorcycle insurance, so it is essential to buy a policy to avoid severe financial and legal troubles. In addition, these policies are significant for crash situations. 

That’s because they can help pay for various types of lawsuit situations, minimize your expenses when it comes to repairs, and much more. So let’s take a deeper look at the different types of coverage options that motorcycle insurance will provide you. 

What Does Your Policy Cover?

A motorcycle insurance policy will pay for many of the same things an auto insurance policy handles. For example, it will pay for injuries, collisions, property damage, uninsured drivers, personal injury protection, and much more. However, you may also get an SR-22 certificate in some instances. 

This certificate applies to people considered a potential risk and is not uncommon for some bike riders. Thankfully, this certificate can be removed from your insurance given enough time and safe driving. Motorcycle owners may also need specialized repair coverage for their bikes.

We Can Provide You With Great Motorcycle Insurance 

Do you need motorcycle insurance for your Salt Lake City, UT, bike? Then please contact us today at M8 Insurance to learn more. Our team of experts will do what they can to help figure out your needs and provide you with the high-quality experience that you need.

M8 Insurance answers 5 FAQs about boat insurance

Buying a boat should be fun. Shopping for boat insurance isn’t.

But, it’s necessary. Boat insurance can protect your investment. Although all the available options can be overwhelming, there’s no need to abandon ship just yet.

M8 Insurance can find the policy that’s right for you. Serving Salt Lake City, UT, these experienced agents answer five questions about boat insurance.

What is boat insurance?

Boat insurance protects you, guests, and the boat itself in the event of loss, damage, or an accident. These policies cover most motorized watercraft.

What does boat insurance include?

Every policy is unique. However, boat insurance plans typically feature liability protection for both bodily injury and property damage. Collision and comprehensive coverage are also common. 

Is boat insurance required?

By law, Utah mandates liability insurance for each motorboat and personal watercraft when operating on the state’s waterways. Minimum coverage includes $25,000 for bodily injury or death to any single person, $50,000 for all persons, and an additional $15,000 in property damage coverage. Or, a combined $65,000 per accident. Some boats with smaller motors may be exempt from these requirements.

Do I need boat insurance all the time?

Accidents happen year-round. While it’s tempting to lapse your policy during the off-season, the risk still exists. Even in storage, your boat is subject to fire, storms, theft, and vandalism. Canceling your coverage means you may be left paying these expenses out of pocket.

Isn’t my boat covered under my homeowner’s policy?

Despite offering some protection, homeowner policies are limited and often carry a cap on claims. Only boat insurance can extend full coverage.

Call an agent serving Salt Lake City, UT

M8 won’t leave you stranded. By recommending a personalized boat insurance policy, the agency will keep you afloat so you can enjoy the open waters.

Why Should I Bother With Motorcycle Insurance?

Do you enjoy riding your bike? If you are an adrenaline junkie, there is no better activity than riding a bike on Utah open roads. But as you enjoy your bike, have you thought about motorcycle insurance from M8 Insurance? If you haven’t been keen on motorcycle insurance, here is why you should give this coverage a second look.

Severity and frequency of bike accidents

Unlike your vehicle that’s covered, the same can’t be said of your bike. Additionally, there are no airbags or seat belts on your bike to cushion you during an accident. Given how exposed you are on your bike, a minor accident can cause extensive damage to your bike and injuries to you and your passenger.

For this reason, you should ensure that you don’t ride your bike without motorcycle insurance. While insuring your bike doesn’t prevent accidents, it ensures that you are covered financially should mishaps occur.

It’s a legal requirement

Whether cruising on the highways or on one of the back roads, you must have motorcycle insurance in Utah. Failure to invest in motorcycle insurance may result in numerous penalties, including license suspension and fines.

To protect your bike

Your bike didn’t come for free. As such, it makes sense to protect it with motorcycle insurance. Formidable motorcycle insurance compensates you for loss or damage to your bike whenever the unthinkable happens.  

Medical protection

Motorcycle insurance protects you and your passengers when you are involved in an accident. If you have PIP or MedPay in your motorcycle insurance, it pays for your medical expenses whenever you are involved in an accident. This way, you can focus on getting back to your feet without worrying about medical bills.

Motorcycle insurance in Salt Lake City, UT

Are you ready to get started with motorcycle insurance? Would you mind getting in touch with M8 Insurance for affordable motorcycle insurance?

Find Out if You Need Utah Umbrella Insurance

Umbrella insurance is a kind of insurance that is used as coverage for when caps are met on other insurance policies, or when you are facing a unique liabilities situation. You don’t need to be a business owner to need umbrella insurance, but it does help to serve as additional protection in a commercial setting.

At M8 Insurance, we want Salt Lake City, UT residents and business owners to be protected from every possible liability scenario. Find out if you need Utah umbrella insurance.

What is Umbrella Insurance?

Umbrella insurance is an insurance policy that provides protection against liabilities where the costs extend beyond base caps and base policies. If you have a car accident for example, and your own auto insurance policy does not offer enough coverage, you can make a claim on your umbrella insurance. The same applies to liabilities on your homeowner’s insurance.

There are other legal scenarios in which umbrella insurance is frequently used:

• Libel, slander, and defamation
• False imprisonment
• Malicious prosecution
• Illegal eviction or unlawful entry by landlords
• Privacy invasions

Do You Need Umbrella Insurance?

You may want umbrella insurance if you are worried you might get wrongfully sued or if you have some additional professional concerns. Tenants could also benefit from it, as we live in a world where landlords like to bend the rules to take advantage of tenants.

People with wealth are also often targets of crime and malicious lawsuits. So are people that serve on the boards of non-profits.

This is a world of lawsuits. Additionally, there are liabilities everywhere. If you have a pool, staff in your home, parties in your home, or a lot of people in your place of business, you could benefit from umbrella insurance.

Where there are extra people, there are places where you increase your exposure to frivolous lawsuits or crime.

Get a Quote

If you are wondering if you need umbrella insurance, then you probably do. It is an affordable way to increase your security and protect you from risks. At M8 Insurance, we want Salt Lake City, UT residents to be protected from every risk. Call us for a quote today.