The Salt Lake City, UT area is a beautiful place and can be a fun area to own a boat. Those that are boat owners in this area will enjoy all of the local lakes and other waterways that are fun to spend a day on. If you do purchase a boat when you are here, you do need to get proper insurance for it. There are several reasons that people here need to get boat insurance coverage. 

You Want to Be Protected for Liability

Those that plan to use a boat will know that they should be careful at all times. However, even those that are very careful and experienced could cause an accident by mistake. If you cause property damage or injuries to another person, you will be held responsible for the damages. Since this risk will always exist, you should get a boat insurance policy with liability coverage to mitigate it.

You Want to Protect Your Boat

Another reason that you should get boat insurance is that you want to protect your asset. Buying a boat is always going to be a big purchase and investment. When you get an insurance policy with full coverage, it will give you the protection needed to repair or replace your boat. This can prove to be helpful if your boat is damaged during an accident, vandalized, or even stolen. 

Boat insurance in the Salt Lake City, UT area should be considered a necessity for anyone that is in the area. If you want to pick a new policy here, you should speak with M8 Insurance. The insurance team at M8 Insurance understands the complexities that come with choosing a new policy and they can offer the guidance that you need. 

If you have not already winterized your bike by mid-November, get to it. Winterizing your bike protects it from the wear and tear that cold weather can cause. This can reduce the number of claims you need to make to M8 Insurance.

You probably will not want to ride in the snow and cold of a Salt Lake City, UT winter. You need to store your motorcycle. An indoor, heated garage provides the ideal location.

Before you park it for the winter in its toasty spot, ride it until the tank nears empty. Fill the tank with fresh gas and add a gas stabilizer to the tank.

Change the engine oil and oil filter, or take it for a service visit to have this done for you. This removes contaminants that could damage the crankcase. Engine oil becomes acidic as it ages, causing damage to engine gaskets and seals. 

Drive your bike home and park it in its winter home. Take the battery out. Store it separately on a battery tender and adding the correct amount of distilled water to it.

Check the tire pressure on the bike. Inflate the tires to the appropriate PSI. Also, check the chain – sprockets and lubrication, the brake pads, and the engine air filter.

Give it a bath. Clean your bike with warm soapy water. Rinse. Dry. Wax the bike. Polish the chrome and treat the seat with a leather protector.

Cover your motorcycle with a motorcycle cover to provide added protection from animals, moisture, and dust. Although you have parked it indoors, small animals such as mice and squirrels can still burrow into the garage and nest near or on your motorbike. Covering it simply provides an added layer of protection.

Contact M8 Insurance serving Salt Lake City, UT for information on motorcycle care. You can also count on us for motorcycle insurance that protects your bike and your financial liability.

As a boat owner in Salt Lake City, UT, it’s important to invest in boat insurance coverage. We provide boat insurance coverage at M8 Insurance. 

The following are three key considerations when you’re buying boat insurance.

The distance you’ll be traveling with your boat

One thing you need to understand about boat insurance policies is that they’ll usually only cover you within certain geographical limits. You’ll have to invest more in coverage if you’re going to be traveling far from your home port. 

Make sure you know how far you’ll be routinely traveling. You don’t want to deal with an unpleasant surprise that you won’t be covered for damages that happen when you’re particularly far from home. 

The coverage value you want

When you purchase boat insurance, you can generally choose between an agreed value policy and an actual cash value policy. An agreed value policy will likely compensate you for more, but could also cost you more in terms of premiums.

Be sure to evaluate the various advantages and disadvantages of investing in agreed value versus actual cash value policies. 

The liability coverage you need

When you purchase boat insurance, you shouldn’t only be thinking about coverage for your boat. You should also be thinking about coverage for liability expenses.

Liability coverage will cover the costs of damages you cause to other watercraft and personal property in your boat. This type of coverage also covers medical bills in some situations where you are involved in an accident that results in physical injury. 

Investing in boat insurance is important for boat owners in Salt Lake City, UT. At M8 Insurance, we can offer you boat insurance coverage. Contact us to learn more about the policies we offer. 

Life can get stormy, it isn’t always blue skies and sunshine. When those storms arise having an umbrella can come in very handy. There is a good reason a well-known insurance carrier has an umbrella as its logo. An umbrella represents protection and that is what umbrella insurance offers. However, all insurance offers protection of one sort or another and most people have no idea exactly the kind of protection an umbrella policy offers and why they need it. At M8 Insurance in Salt Lake City, UT, we aim to give all of our customers the finest service possible while providing access to a great selection of carriers. 

The most basic definition of umbrella insurance is that its excess liability. It is not the only type of excess liability but it is a very valuable one. The difference is umbrella insurance can cover somethings that the primary policy doesn’t cover while straight excess liability can’t. Umbrella insurance is unique, it is not a policy you can buy unless you already have a policy with liability coverage. This includes but is not limited to home and auto insurance. Now that you know what umbrella insurance is why do you need it? 

Liability insurance protects your assets. If you are found legally responsible, judgment can be leveled against you. The judgment will be paid initially by your primary policy and if the amount is higher than the amount of your coverage limit, you are responsible for the remaining amount. If you don’t have umbrella insurance, it will come out of your pocket. If you do have the coverage, then your umbrella will take over and pay to the limit of coverage you have. 

Having an umbrella policy offers peace of mind that your hard-earned assets are safe. Give the office of M8 Insurance in Salt Lake City, UT a call to set up an appointment to discuss why umbrella insurance is right for you. 

If you live in an area susceptible to flooding, it essential to have your property covered by flood insurance. At M8 Insurance in Salt Lake City, UT, we will customize a policy for you to ensure that you are fully covered, protecting from the financial obligation should a property be damaged by floods. But what is flood insurance?

What is flood insurance?

This refers to an insurance policy that covers property damage as a result of flooding. M8 Insurance agents will denote risks affecting specific properties based on topographical maps, flood plains, floodways, and lowlands. A flood insurance policy will protect you as the homeowner from the financial obligation due to damage to the physical structure of your property and its contents. Floods could be a result of inland flooding, flash flooding, or overflows from seasonal storms.

What is covered by flood insurance?

• The building and its foundation
• Plumbing and electrical systems
• Built appliances such as dishwashers and stoves
• Permanent installed paneling and carpeting

 Benefits of flood insurance

• Peace of mind

Severe weather and storms will naturally turn your thoughts to the security of your family and property. Having a flood insurance policy ensures that you go about your daily business without worry. Through our innovative insurance products, you are assured of your property’s safety.

• Flexibility and ease

While many individuals avoid buying flood insurance because they assume the process an overly complicated, at M8 Insurance in Salt Lake City, UT, we have a straight forward process that allows ease and flexibility in registration.

Reporting a flood insurance claim

If your property has been destroyed by floods, report immediately to our M8 Insurance agents who will visit your premises to analyze the damage. Where the property can longer be accessed, speak out agents on alternative places to reside.

Kindly visit or call our agents at M8 Insurance in Salt Lake City, UT, for further information on flood insurance.

If you live in a condo, it’s important that you invest in a good condo insurance policy. At M8 Insurance, we’re here to help. We offer a variety of different types of insurance coverage- including condo insurance- in Salt Lake City, UT. We can help you to find a condo insurance policy to meet your needs.

The following are three decisions you need to make when you purchase condo insurance.

The amount of coverage you need

You should probably purchase enough coverage to compensate you for the full amount of your assets within your condo. This means it could be wise to purchase add-on coverage if you have especially valuable items like high-end electronics in your condo unit. 

Whether to purchase backup coverage like water backup coverage

There are numerous add-on coverage types that you can consider purchasing. One, in particular, is water backup coverage. Unfortunately, this type of coverage doesn’t usually come standard on home insurance and condo insurance policies. However, you should have the option to purchase it as an add-on coverage. 

The provider who you will purchase condo insurance from

There are many providers offering condo insurance policies. It’s a good idea to research a few different providers and get quotes from them. Choose a provider with a good reputation and track record of experience with condo insurance in particular. 

All of these are considerations you’ll want to take into account to get the right policy. Do you have questions about condo insurance? You can contact us at M8 Insurance via our website or by phone. We’ll be happy to answer all your questions about condo insurance in Salt Lake City, UT. 

Opening a business can be fraught with danger simply based on the uncertainties of opening a business, but having a commercial insurance policy set in place is a great way to protect a full range of company equipment ranging from fleet vehicles to real property, as well as a range of physical assets that can give you the peace of mind that gives you the energy to concentrate on other equally important tasks and worries.  For business owners in Salt Lake City, UT looking to protect their commercial property, we welcome you to contact us here at M8 Insurance to discuss your full range of options and protections to protect your Salt Lake City, UT business.

Commercial Insurance Protects You When You Need it Most

No two business owners have the same needs and concerns, so it is important to sit down and craft a commercial insurance policy that is designed to protect your business specifically.  Our team is standing by to listen to your concerns to better craft a policy that will not only help you protect your Salt Lake City, UT business but will give you the security to continue building your business for years to come.  Should you have questions, we have answers, and with that information, you can make the informed decision designed to help make your business thrive.

Contact M8 Insurance for Your Commercial Insurance Quote

Entrepreneurs in Salt Lake City, UT worried about protecting their company assets have a great resource in the agents here at M8 Insurance.  Duly licensed by the state of Utah, friendly, caring, and knowledgeable, our team looks forward to showing you that peace of mind is just around the corner when you come to realize the array of protections afforded by a commercial insurance policy.  Contact us for a free, no-obligation quote and discover the feeling and joys of peace of mind.

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.