Protecting Your Home with Home Insurance

Buying and moving into a new home can be an overwhelming experience.  One easy task that will give you peace of mind is protecting it with home insurance.  When most homeowners think about insurance, they first think of the potential for fire or severe weather damage.  The truth is, a homeowner’s policy goes beyond that. In the Salt Lake City, UT area, the agents at M8 Insurance work with homeowners to put the right coverage in place. 

Protecting your home with insurance is also financial protection.  The policy will cover the home but also everything inside of it.  This includes furniture, clothing, housewares, and electronics, for instance.  Not only does the policy cover items in the home but also when they are damaged or stolen outside of the home.  For example, if your son’s laptop is stolen at the library, it is still covered.  The liability coverage in the policy will provide for the medical expenses and legal fees of anyone injured on the property due to your negligence.  Without liability coverage, the outcome could be financially devastating. 

Any structures on the property will also be covered.  Storage sheds, gazebos, and fences, for example, are protected.  Understand though, while this is a lot of coverage, the policy won’t cover flood damage.  It will cover water damage from a broken pipe but not from a natural disaster.  Your agent can help you understand your home’s flood risk.

In the Salt Lake City, UT area, our agents at M8 Insurance can help you address your home coverage needs.  Get started by perusing the information on our website.  Then contact us for more information.  We’ll provide you with the best options so that you can make an informed decision.  A new home is the result of your hard work.  Make sure it’s protected!  Call today!

What Does Renters Insurance Cover?

At M8 Insurance in Salt Lake City, UT, we provide a wide range of insurance products, including renters insurance. We have decided to inform you about renters insurance because it is one of the least popular insurance products. Many people do not even know about it.

Renters insurance is meant to protect renters and their belongings. This insurance is also referred to as tenant insurance. In other words, it protects renters from theft, burglary, and guest’s injury. Basically it has three coverages.

1. Additional living expenses coverage

Your apartment may be damaged by a storm or raised by fire. This could make it unsafe. So, you may have to look for temporary accommodation while it is being fixed. Your best bet is to live in a hotel for a few days until your apartment is ready.

In this situation, your hotel expenses will be refunded by this coverage. However, there’s a limit to it. The reimbursement is to the financial limit of your policy.

2. Personal property coverage

This coverage provides the funds to replace or repair your damaged belongings. This coverage is meant for belongings like clothing, furniture, and electronics. In addition, if personal effects are stolen, you’ll be reimbursed for replacement.

3. Liability coverage

This coverage will kick in if you damage someone’s property. Imagine a situation where you forgot a pot on the fire and your food got badly burnt before you realized. And the smoke from your apartment got into another apartment. Legally, you’ll need to fix the other apartment. You only need to fall back to this coverage.

The smoke could have triggered a medical condition for the occupant of the apartment. This coverage will also pay the medical bills of those affected. So, as a homeowner, you should purchase a homeowner’s insurance policy and if you’re a tenant, you should also purchase renters insurance.

At M8 Insurance in Salt Lake City, UT, we would love to guide you on that.

Why is getting RV insurance so important?

Anyone that is in the Salt Lake City, UT area likely enjoys being near the mountains and all of the recreational activities in the nearby area. Owning an RV could be a great option for anyone that wants to explore this area. When you are looking to get an RV in this area, you also want to make sure that you get a quality insurance policy. There are several reasons why getting an RV insurance policy is so important. 

Provides Protection for Assets

Anyone that has an RV in the Salt Lake City, UT area will want to have RV insurance because it provides very valuable asset protection. An RV is not only a mode of transportation that requires a big investment but it also frequently houses a lot of personal items and fixtures. When you get an RV insurance policy, you will receive coverage for these items if the vehicle and assets are damaged or stolen.

Gives Liability Coverage

Another reason why you need RV insurance is that it can provide you with very valuable liability coverage. An RV owner is required to meet the same minimum liability insurance that anyone else in the state of Utah needs to have when driving a car. When you have an RV insurance policy, you will get this coverage, which will ensure you are covered for liability if you cause damage during an accident.

Those that are in the Salt Lake City area and own an RV should speak with the team at M8 Insurance. Choosing your own RV insurance policy can be a challenge as there are a lot of different options and considerations. The team at M8 Insurance can help you to determine what type of policy you need to provide you with the necessary and adequate protection. 

Tips for Your First Long Distance Motorcycle Road Trip

Your first long-distance motorcycle road trip can be an exciting experience, but it’s essential to be well-prepared. Whether you are traveling alone or with others, you’ll need to be prepared and organized before leaving your town to have a safe, fun trip. Traveling by motorcycle is different from traveling a long distance by car, so to help ensure your first motorcycle road trip is a success, M8 Insurance in Salt Lake City, UT has put together a few tips.

Protect Your Hearing

Riding a motorcycle means you don’t have a shield to sound while riding on the highway, and the highway can get extremely loud. So, when you leave the side roads and enter the highway, put in your earplugs to help prevent the extreme pressure on your ears. If you’re not particularly fond of earbuds, you can use headphones, or better yet wear a good, solid helmet.

Dress Appropriately

It is imperative that you dress properly while riding a motorcycle, especially on long road trips. The safest, most comfortable riding gear typically consists of long pants, a comfortable t-shirt, boots, and a helmet. You should also have a jacket handy to wear in case of rain or chilly weather.

Pack Light

The best luggage for motorcycles are saddlebags, which are easily attached from the back seat or the sides of the bike. You’ll need to pack as light as possible to avoid too much extra weight. It’s often easiest to make a list of what you’ll need for the entire trip and only pack the essential items. To help avoid taking up too much space in the saddlebags, instead of packing full-size personal items, consider using small, travel or sample size products and rolling your clothes instead of folding to take up less space.

As exciting as the trip may be, it’s important to stop and take breaks. Sitting on a motorcycle for long hours can lead to back pain and saddle sores, so be sure to stop frequently.

Residents of Utah, California, Nevada, and Colorado that are interested in learning more information about motorcycle insurance should contact M8 Insurance in Salt Lake City, UT.

Can My Children Drive My Boat?

Salt Lake City, UT residents who own boats and like to spend time on the water are often curious as to how old their children have to be before they can legally drive the family boat. The agents of M8 Insurance have the answers! They work diligently to keep up with Utah’s laws so they can provide the best possible advice to their clients. This is especially true when it comes to boating and other recreational activities.

Boat Safety Certification

In Utah, you must be at least 16 years of age and have taken (and passed) a Boater Safety Certification class that has been approved by the Utah Parks Department. When your child is driving the boat, they must have their certificate with them at all times. This allows them to provide proof of completion of the class if they are ever pulled over by a state DNR officer.

Always Know the Law

If you are unsure of what the laws are when it comes to boating in the state of Utah, call or visit your local DNR office. They can provide you with all of the information you need concerning boating safety and how you can do your part when it comes to sharing the lakes and other waterways with others. Always know the law and if you have questions, ask your local DNR officer.

At M8 Insurance, the agents serve the greater Salt Lake City, UT area. While learning the laws is essential, it is also important that you know as much as possible about your boat insurance and the coverage it provides. Call and speak to an agent today if you have questions!


Do I need more than basic motorcycle insurance

What could be better than getting on your motorcycle in Salt Lake City, UT and heading out to the open road? In the state of Utah, motorcycles are required to carry basic insurance. The requirements are bodily injury $25,000 for each person up to a total of $65,000 if more than two people are involved. Property damage coverage of $15,000 is also mandated. While PIP is not required on motorcycles, it is something you may want to consider since Utah is a no-fault state. These are the basic required coverages, but do you need more motorcycle insurance? Talking to the team at M8 Insurance can help you to decide.

If you have little or no assets then you may be perfectly happy and adequately covered by basic motorcycle insurance. But if you own a home or have other savings and assets you may want to consider increasing the amount of liability insurance that you choose to carry. Liability insurance can help protect you in the event that you are sued and incur both legal costs and the possibility of a judgment against you. 

If you have a newer motorcycle chances are that you have a loan and when you have a loan your lender will require that you have collision and comprehensive coverage.  Once the loan is paid off you may be tempted to go for the less expensive option of dropping collision and comprehensive. This means that if you have an accident where you are deemed to be at fault, the responsibility to repair or replace your bike will fall to you. Especially if you have a custom bike this could be a very expensive proposition.  

Why not stop in at the office of M8 Insurance in Salt Lake City, UT or give us a call. We know the laws in many states and also understand the benefits of full protection for the investment you have in your motorcycle. 


3 Reasons Why You Should Keep Your Boat Insurance Over The Winter

When you’re fortunate enough to own a boat in Salt Lake City, UT, you want to make sure that it’s protected year-round. While you’re probably not going to go boating in the dead of winter, that’s no reason to get rid of your boat insurance. At M8 Insurance, we’re here to tell you why you should keep it.

Protect Your Investment

You want to make sure that your boat is protected. If something happens to it when it’s not in use, you want to know that you can call the insurance company and file a claim. This ensures that the insurance takes care of the details for you.

Avoid Out of Pocket Expenses

Even though the boat may not be in the water, it can still get damaged. It may get damaged while it’s in dry dock. Someone could vandalize it, and it may even get stolen.

If you get rid of your insurance policy in the winter months, you would be financially responsible for any damages – and this can add up to a significant amount of money.

Ensure It’s Protected Where It’s Stored

Since there’s no way of knowing what could happen to your boat in Salt Lake City, UT, the best thing to do is get a policy that covers all of the worst-case scenarios. Make sure that your policy is built so that it protects your boat wherever you choose to store it over the winter. Talk to your insurance agent about riders that can be added to the policy for further protection, too.

At M8 Insurance, we’re here to help you protect your boat in the winter, and all year long. Call us today to speak to one of our insurance agents. We’ll make sure that you know why you should have coverage throughout all 12 months of the year.


Umbrella Insurance is a Very Good Idea

Accidents happen in homes every day. Someone can unexpectedly trip and fall or break an arm. But, if there is a pool or a trampoline, the risk level for homeowners increases. Homeowners manage their risk with insurance policies so they can repair damages and have liability protection. Homeowners’ policies have caps to the amount that they will financially cover. When that is reached, the homeowner is responsible for any additional expenses. An umbrella policy provides additional financial protection when the other coverage is done. In the Salt Lake City, UT area, the agents at M8 Insurance will answer any questions that you have about your current policy and whether the protection of an umbrella policy is a good idea for you and your family.

Insurance, particularly umbrella policies, provide significant protection of your assets. Consider if someone were to slip and fall beside the pool breaking their leg. If you are found liable for the accident, you’re responsible for their medical expenses. If they pursue their right to sue you, you could be accountable for their legal fees as well. Your homeowner’s policy will cover these costs. However, if your policy only covers up to $250,000 and the costs are $400,000, you’ll have to pay the balance out of your pocket. An umbrella policy goes into effect when the underlying policy is exhausted. This is much needed financial protection when you most need it. They also provide coverage in cases of invasion of privacy, libel/slander, things other policies don’t usually cover.

The team at M8 Insurance understands that you need adequate coverage that you can understand but don’t want to over-insure. Call or visit us in Salt Lake City, UT today to get all of your insurance questions answered and a quote. Protect your home and family today!

What you need to know about flood insurance

Salt Lake City is a great place to live and own real estate. However, it is also a unique area that comes with some risks that may not be prevalent in other communities across the country. One risk that you can have is the risk of having your home damaged by a flood. There are several things that you should know about flood insurance when looking to mitigate against the risk of a flood. 

May Be Only Option for Coverage

One factor about flood insurance that many people do not understand is that it could be your only option for flood coverage. While you may have a great home insurance policies, certain areas of Salt Lake City that are located in a flood zone may not permit your insurance provider to give you coverage for flood damage. Instead, you will need to get a separate flood insurance policy.

Mortgage Requirements

Many property owners in the Salt Lake City, UT area will also find that it is required by their mortgage lender. A mortgage lender will always confirm whether or not your property is in a flood zone. If it is, your lender may require that you carry flood insurance. This will always be the case if you get an FHA loan. Most lenders will also escrow for it on a monthly basis. 

If you have a home in the Salt Lake City, UT area and think that you may need flood insurance, you should contact M8 Insurance to start the process. The insurance professionals at M8 Insurance will help you to better assess your situation to figure out if you need to get flood insurance. They can then help you to get into a policy that will give you coverage against the damage that can occur during a bad flood. 

Why owning a condo is so popular among retirees

Owning a home is a large part of the American dream, but as we grow older a house may become more of a burden than a comfort. If you are retired or nearing retirement age, you may be considering downsizing your living situation for a variety of reasons. The team at M8 Insurance is here to help all the residents of the greater Salt Lake City, UT area finds the right insurance to cover their home and belongings, whether it’s a house or a condo.

Condo living is popular among retirees

Condo living provides many social activities that retirees enjoy and helps them to feel less isolated after they stop working. There are a variety of different reasons that people downsize their home at or shortly before retirement, not all of them financial. If it has been your dream to travel the world, you will feel a lot better when you are away knowing that your condo is safe. Having a condo board that is looking out for the care and maintenance of your building allows for a lot of peace of mind than being away knowing that your house is sitting empty.

Retirees have more time to do fun things, and maintaining a home may not be something that they want to spend their time doing. Whatever the reason for your condo living, make sure that your condo insurance policy provides you with the coverage that is required to protect your home and valued possessions. 

Want to learn more about your options for condo insurance? Call or stop by the M8 Insurance office today and we can help you make sure that your greater Salt Lake City, UT area home has the protection you need to enjoy your retirement years!