Michigan Cheap Salon Insurance

To get cheap Salon insurance in Michigan, you must first start with Michigan’s minimum Salon insurance requirements. After all, there is no reason to purchase cheap Salon insurance if it is not going to be deemed a legal amount of coverage.

With the exception of motorcycles and commercial motor vehicles, all Salon in Michigan must carry no-fault insurance. You can not register your Salon in Michigan without first having no-fault Salon insurance. In a nutshell, no-fault insurance provides Salon insurance coverage for you, the policyholder. The other party involved is covered by his or her own Salon insurance company.

There are three kinds of Salon insurance coverage required by Michigan: personal injury protection (PIP), bodily and property damage (BI/PD) and property protection insurance (PPI). A Salon insurance policy in Michigan covering these three components is a basic Salon insurance policy.

None of these Salon insurance requirements provide insurance coverage in the event your Salon is damaged or stolen. In Michigan, you must purchase collision insurance coverage and comprehensive insurance coverage in order to insure your Salon in the event of damage or theft. Collision Salon insurance coverage provides coverage for damages to your car, while comprehensive Salon insurance coverage provides coverage for theft of your Salon or its components and contents.

Michigan drivers are able to get cheap Salon insurance when they opt to purchase only the PIP, BIPD, and PPI Salon insurance coverage requirements. Collision Salon insurance coverage and comprehensive Salon insurance coverage is not normally required of Michigan drivers unless they have borrowed money to purchase their cars and their lenders require those coverages.

Of course, there are many other ways to get cheap Salon insurance in Michigan without simply purchasing the minimum Salon insurance coverage requirements. Ask your Salon insurance company or agent about the various discounts for good drivers, good students, driver education course completion, and multi-line policies that they offer and whether you are eligible.

To get free quotes and learn more about insurance please visit the following recommended sites.