Experiencing a fire in your rental unit around Escanaba, MI can be overwhelming, but renters insurance can offer vital financial relief. Knowing how to file a claim for fire damage is critical to ensuring you receive the compensation needed to recover.

Evaluating the Damage

Assess the damage once the fire has been extinguished, and it’s safe to return to your unit. Carefully document the scene by taking clear photos of all damaged belongings and the unit’s state. This visual evidence helps to demonstrate the full extent of the loss.

Reporting the Incident to Your Insurer

After documenting the damage, contact your renter’s insurance provider quickly. Insurance policies typically require prompt notification, so don’t delay. When you reach out to your insurer, provide them with comprehensive details about the fire, such as the date, time, and possible cause, along with your documentation of the damage.

Working with the Claims Adjuster

Adjusters are there to evaluate the damage to your personal property and the rental unit. The adjuster might visit the site for an in-person inspection or request additional documentation. It’s important to cooperate fully, providing any information needed to assess your claim accurately. The adjuster’s findings will influence the compensation amount you’re offered.

Completing the Claims Process

Once the adjuster has finished their evaluation, your insurance company will process your claim and present a settlement offer. If the offer is acceptable, your insurer will issue payment, helping you replace your belongings and recover from the fire. Take caution to review the fine print because once accepted, the offer closes.

Luft Insurance Agency Is The Go-To Insurance Company

Luft Insurance Agency offers its expertise in insurance needs. We serve the surrounding areas of Escanaba, MI. Call today.

Escanaba, MI, motorhome owners typically hit the road during summer, and Luft Insurance Agency wants them to drive safely. That means carrying the correct RV insurance with them on their road trip. When you update or upgrade your motorhome, you need to update your insurance to match it.

What Warrants an Insurance Review? 

When RV owners upgrade mechanical items, renovate their motorhomes, or add high-value items like solar panels, they need a policy review. By improving the RV, they increase its value, and the policy needs to reflect this updated value. 

Mechanical updates include a new or more robust engine, adding safety features, or installing a solar panel system. Renovating an RV refers to putting in new flooring, wallpapering, or updating the kitchen or bathroom with new appliances and fixtures. 

How RV Insurance Works 

When you purchase your RV policy, you either state the value of your RV, substantiated by your purchase paperwork, or an appraisal determines its value. That’s the value that the insurance company uses if you’re in an accident that damages or totals your RV. When you upgrade your motorhome, you must undergo an insurance review and upgrade your insurance. That upgrade involves updating the value of the RV in your policy, so if you’re involved in an accident, your collision coverage pays for the full value of your motorhome. 

When you buy your policy, the valuation also applies to your comprehensive coverage. If a vandal or hurricane damages your RV, for example, your comprehensive coverage pays for the repairs or replacement based on the valuation in the policy. 

Contact Us Today 

Ensure that your RV policy adequately covers all the improvements you made to your motorhome. Contact Luft Insurance Agency to update your insurance before you leave your Escanaba, MI, driveway on your next road trip.

Escanaba, MI, is an ideal place for boating. The sailing conditions are predictable, making planning boat trips easier for local residents. The sailing areas in this region can accommodate watercraft of all types and sizes. Michigan doesn’t require boat owners to have watercraft insurance before sailing.

Do You Ever Need Watercraft Insurance in Michigan?

Though not required by law, obtaining an insurance policy becomes necessary if you finance your boat. This is because the lender would want an assurance that the watercraft is fully insured throughout the loan repayment period. If there’s any confusion on which policies you need, your lender can provide you with minimum coverage requirements.

If you buy a boat without needing financing, buying insurance isn’t required. Once your boat loan is paid off, you can choose to discontinue your insurance policy. However, there are several compelling reasons to keep your boat insured. Liability coverage provides compensation for injuries to you or other passengers during a boating accident. Property coverage offers compensation for damages to your boat incurred during accidents on water or land. Additionally, it covers the replacement cost of a stolen boat. Uninsured/underinsured insurance coverage comes into play if you encounter an accident with a boater who has no insurance policy or an inadequate one.

Watercraft Insurance from Luft Insurance Agency

At Luft Insurance Agency in Escanaba, MI, we are a family-owned, full-service insurance agency committed to helping boat owners find the right insurance policy for all kinds of watercraft and boating activities. Our goal is to ensure that monetary compensation is readily available in case of any mishap. Contact us today to learn more about our policies or request a quote.

One key aspect to consider when transitioning to Medicare is Prescription Drug Plan (PDP) insurance. Understanding the nuances of PDP can appear complex, particularly if you’re unfamiliar with managing prescription drug insurance. At Luft Insurance Agency in Escanaba, MI, we’re devoted to making this process easier for you. Let’s discuss some fundamental elements of PDP insurance and how it can serve your needs.

What Is PDP Insurance?

PDP, or "Prescription Drug Plan," is a standalone product that delivers Part D – the Medicare prescription drug coverage component – through a private insurance company.

Who Needs PDP Insurance?

Medicare Part D insurance is available to those who are enrolled in either a Medicare Part A or Part B plan. Part D covers your prescription drugs and is crucial for ensuring you have affordable access to the medications you need as your physician prescribes.

Choosing a PDP: Factors to Consider

When selecting a PDP, consider these questions:

• Will your regular prescriptions be financially manageable under this plan? If you take medications consistently, verify that your policy will cover these costs.
• Where can you fill your prescriptions? Ensure that your preferred or most convenient pharmacies are included under your policy.
• Will prior approval be necessary before refilling routine medications? Pre-approvals can be time-consuming, and knowing whether your plan requires this is crucial.

At Luft Insurance Agency in Escanaba, MI, we’re dedicated to providing tailored insurance solutions. Contact us today for help with acquiring PDP insurance.

Have you decided to rent a house or apartment in 2024? Don’t forget to consider getting renters insurance as well. Renters insurance remains one of the most forgotten types of insurance. Not every landlord or tenant understands how important it is. Keep reading this blog post with the answers to the most common questions about renters’ insurance. 

Who needs renters insurance?

Any renter who has personal belongings should consider buying renters insurance. Even if you think you do not have expensive stuff to replace, renters insurance is beneficial because it also covers liability. 

Is there a difference between renters and home insurance?

Yes, renters and home insurance are pretty similar. They both cover personal belongings. However, home insurance aims to protect the building itself, while renters insurance covers personal belongings only. 

Is renters insurance legally required in 2024? 

No, this insurance type is not mandatory. That is why most renters prefer to rent housing without renters insurance. About 56% of adults do not carry renters insurance. 

Can roommates share one renter’s insurance?

Yes, it is possible. For example, you can add your roommate to your renters insurance policy. However, you have to think about it first because you may double the amount of personal belongings you cover, which means you will reach your insurance coverage limit faster. 

As you can see, renters insurance is not a luxury – it is a necessity that will protect you and give you peace of mind. If you are renting housing in Escanaba, MI, or any other nearby area in Michigan, and you need renters insurance to protect your personal items, make sure to contact Luft Insurance Agency, an experienced insurance company. At Luft Insurance Agency, we specialize in different types of insurance, including renters insurance as well. Whether you live in Escanaba, MI, or any other surrounding town, we will help you find the necessary policy. 

Getting Your Recreational Vehicle Insured: Guidance for Residents of Escanaba, MI

Getting your recreational vehicle adequately insured is about more than just protecting your mode of transport. It’s about safeguarding your home away from home. Before you can do this, you’ll need to review the type of vehicle you own and its intended use. With these steps completed, you’re ready to get in touch with an agent in Escanaba, MI, for help with your RV insurance documentation.

Understanding the Vehicle’s Needs

First off, conduct a thorough inspection of your recreational vehicle. This can help identify any potential issues that could negatively impact your safety while on the road or comfortable living in the vehicle. Once the vehicle’s condition is assessed, document its size as well as all personal belongings stored within it. This information will play a crucial role in determining the amount of coverage you need, particularly for personal loss—which would cover theft and damage, including those caused by weather events.

Assessing the Use Value

Take the time to work out exactly how you will use your RV. A basic insurance policy may suffice if your vehicle is primarily used for transportation. However, more comprehensive coverage might be required if the RV is also used for traveling and accommodation during vacations. Should you travel with others, it would be prudent to consider additional liability protection. This additional coverage will safeguard against any injuries, financial losses, and other damages incurred.

Reach Out to Luft Insurance Agency

Ensuring you have appropriate insurance coverage in place prevents potential unexpected expenses, giving you peace of mind while you drive or relax in your recreational vehicle. For any RV insurance queries or concerns, contact a representative of Luft Insurance Agency. Our agents are ready and willing to guide you through any of your insurance needs.

We can help you at Luft Insurance Agency if you need to insure your boat. We provide insurance solutions to boat owners in Escanaba, MI. 

Here are four important resources you can take advantage of when you’re on the market for boat insurance. 

Word-of-mouth insurance referrals

It could be a good idea to ask around among your friends when you need boat insurance. If you know people in your area who own boats, they may be able to make suggestions to you about good insurance providers who could protect your finances as a boat owner.

Online forums

You might also want to consult online forums when you’re looking for the right boat insurance solution. With online forums, you could look up information that boat owners just like you are looking for to meet their insurance needs and protect their investment in their watercraft. 

Marinas in your area

In many cases, marinas provide suggestions and resources to boat owners who are looking for boat insurance. If you plan to keep your boat at a local marina, you should consult this marina for information on boat insurance providers in the area who could meet your needs. 

Boat dealers

When you purchase a boat, you might want to ask the boat dealer you purchase from about what boat insurance option is best for your needs. Boat dealers can often provide boat owners with invaluable information on the area’s best boat insurance providers for the watercraft they sell. 

You can call us today at Luft Insurance Agency for a quote on a boat insurance policy in Escanaba, MI. We provide insurance solutions that can protect your finances!

Boat owners in the greater Escanaba, MI, area can rely on the team at Luft Insurance Agency. If you’re ready to upgrade your current boat policy or are considering buying a boat, we’re here to help with all your insurance needs. Contact our office today to learn more about the many benefits that a comprehensive boat policy can provide. 

Benefits of a Comprehensive Boat Insurance Policy

The main benefit that comes with upgrading to a comprehensive boat policy is the additional protection that it provides. Some policies also have added features like coverage for at-sea towing and other helpful options. The other major advantage is more robust liability coverage. This protection will come into play when your boat is involved in an accident that causes injury or damage.

Many boat owners also need protection when transporting their vessels from storage to water. Boats stored at marinas or dry docks also need this type of protection. It makes a lot of sense to sit down with one of our knowledgeable agents to learn more about the different types of boat insurance policies available and their benefits.

With some research, you can make an informed decision and determine if upgrading to a comprehensive boat policy makes sense.

We’re Here to Help!

Luft Insurance Agency is proud to provide residents in Escanaba, MI, and the surrounding area with all their insurance needs. When you have questions about your current insurance coverage or want to make changes to a policy, you can count on us. Give us a call or stop by today to learn more about our services.

We look forward to seeing you soon!

As they get older, your parents will likely start to develop some serious health problems. Obtaining a health insurance plan for them is very important. It’s also vital to find a quality plan that fits their needs. Our insurance professionals at Luft Insurance Agency serving Escanaba, MI could provide you with various options in searching for that quality health care plan.

Find out which Health Plans They Qualify for

Your parents could qualify for certain health insurance plans depending on their age. For example, when they reach the age of 65, they may qualify for Medicare, Medicare Advantage, and Medicare Supplement (Medigap). They would need to be permanent US residents or citizens for five years to qualify for Medicare. In addition to this, they will have to pay ten years of Social Security taxes.

How Much Will They Have to Pay for Out-of-Pocket Expenses?

When searching for a health plan that meets their needs, you must consider out-of-pocket expenses. These expenses include their monthly premium, deductible, co-insurance, and co-payments. One plan may have a low premium but a high deductible, while the other plan may have a higher monthly premium but a lower deductible. Examining which is right for your family’s budget is important.

Which Health Plans Cover My Parent’s Provider?

Another important consideration is which health plan covers your parent’s provider. If your parents have a regular physician they normally go to; you need to find out which plan has them in-network. Otherwise, they’ll have to pay more if their doctor is out-of-network. PPO plans may allow them to continue to see their regular doctors.

Find out about your Health Care Options

Your parents are getting older, and it’s vital that you find a healthcare plan that meets their specific needs. Contact our office at Luft Insurance Agency in Escabana, MI to schedule an appointment today.