Car Insurance Is a Necessity, Not an Option
We may not like paying for car insurance, but it’s one of those costs that can’t be avoided if you own a car. Think of car insurance as part of the annual cost of operating a vehicle, along with the gas, maintenance and repairs. The truth is, that if you are ever involved in a car accident, you’ll be glad you had car insurance to repairs, replacement vehicle rental, and in the case of severe accidents – medical costs. Read more about why we recommend keeping the Unlimited PIP option for your car insurance in Troy, Michigan.
Do you Drive for Work?
If you use your vehicle for work purposes, there may be situations that your personal auto insurance will not cover. Check with your auto insurance provider or the best insurance agency to find out if you need should have commercial auto insurance instead. Commercial auto insurance covers you for accidents and damage that occurs while using the vehicle in a business capacity. Call us for a quote for business insurance for your vehicle, and to protect the rest of your business.
Rideshare Drivers Need Additional Coverage
Driving for a rideshare company seems like a grey area in the world of car insurance in Troy. Your personal insurance generally does not cover you or your passengers while on the clock, however commercial vehicle insurance is not cost-effective for someone driving part-time. With the popularity of rideshare driving, insurance providers have begun offering a rideshare add-on to personal insurance. It offers the protection that rideshare drivers need, at a lower cost than commercial auto insurance. Get in touch with us to find out more, and add rideshare insurance to your car insurance policy.
The Good News – Car Insurance Is an Eligible Expense
The cost of commercial auto insurance is an eligible deduction on your income taxes. If you are self-employed or a small business owner, that’s good news, as the tax break can help offset the cost of the insurance. Call us to discuss your business, including commercial liability insurance, business interruption insurance, commercial truck insurance, bobtail insurance. We are also tax preparation experts, so we can advise you on deducting insurance costs at tax time.
Have You Reduced Your PIP Coverage?
In Michigan, drivers now have the option to choose the level of personal injury protection (PIP) that they are willing to pay for. In some cases, drivers with other types of coverage can opt-out altogether of paying for the coverage. However, there are significant implications for doing so. In our opinion, as an insurance agency, we recommend that drivers continue to choose the Unlimited PIP option. Get in touch by calling (248) 362-1313 or submitting the form below to learn more. E&Y Agency can help you find an appropriate car insurance policy to protect you and your family at a price you can afford.
