The Drawbacks of Not Having Renters Insurance

The Drawbacks of Not Having Renters Insurance

As a renter, you might feel like you don’t need insurance. After all, your landlord has insurance, right? And your belongings aren’t worth that much, right? Wrong. There are many drawbacks to not having renters insurance. Shield Insurance Agency in Michigan provides you with this guide to navigate the issues around not having this coverage. 

The Drawbacks of Not Having Renters Insurance

1. You Could Be Held Liable for Damages

Did you know that you could be held liable if someone is injured on your property? If a guest trips and falls in your apartment, for example, you could be sued for their medical bills. Without coverage, you’ll pay those bills out of your own pocket. This can quickly become very expensive, especially if the injury is serious.

2. Your Personal Belongings Won’t Be Covered by Your Landlord’s Insurance

Your landlord’s insurance policy covers the building itself, but it does not cover your personal belongings. If there is a fire or another type of disaster, you would have to replace everything yourself. This can be very costly, even if you don’t have a lot of possessions.

3. You Might Be Kicked Out of Your Apartment

Some landlords require their tenants to have renters insurance. If you don’t have it and your landlord finds out, they could give you notice to vacate the property. This means you would have to find somewhere else to live, which can be very difficult on short notice.

4. You Could Miss Out on Important Coverage

Renters insurance doesn’t just protect your belongings; it also provides liability coverage and can even help with temporary living expenses if your apartment is damaged and you have to move out. Without renters insurance, you could be left without a place to live while your apartment is being repaired.

Get Renters Insurance in Michigan

As you can see, there are many potential drawbacks to not having renters insurance. It’s important to weigh the pros and cons before deciding whether or not to purchase a policy. Shield Insurance Agency can help you find the right renter’s insurance policy for your needs. Give us a call today to get a free quote.


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DIFS Alerts Consumers to Recurring Scam and How to Avoid It

Tips Following Northern Michigan Tornado

FROM: Michigan Department of Insurance and Financial Services Offers Insurance Tips Following Northern Michigan Tornado

Media Contact: Laura Hall, (517) 290-3779, DIFS-press@michigan.gov 
Consumer Hotline: 877-999-6442, Michigan.gov/DIFScomplaints

FOR IMMEDIATE RELEASE: May 23, 2022

(LANSING, MICH) As residents across northern Michigan assess the damage and begin to recover from Friday afternoon’s tornado, the Michigan Department of Insurance and Financial Services (DIFS) is providing tips to assist residents when working with insurance companies to file claims and repair damages.

“DIFS stands ready to assist the residents of northern Michigan as they begin to recover from the incredible devastation wrought by Friday’s tornado, hailstorm, and power outages,” said DIFS Director Anita Fox. “It is important that those who have experienced damage understand their rights and responsibilities when filing insurance claims. They should carefully review their policies and work with their agents and insurers to see what coverage is available to them. DIFS is available to answer questions and assist consumers 8 a.m. to 5 p.m. Monday through Friday at 877-999-6442.”

Anyone impacted by storm damage should:

  • Contact their insurance company’s claims hotline and/or agent to report the claim. Have the policy number and other relevant information readily available. DIFS has prepared an Insurance Claims Tracking Sheet to make this process easier.
  • Take steps to protect the property and prevent further loss. Be sure to keep receipts for any purchases of supplies that are needed to protect the property.
  • Document the loss. Take pictures or videos of the damaged items and do not get rid of the items until instructed to do so by the insurance company.
  • Review insurance policies to understand their coverage and discuss with their agent or insurer if there are any questions.
  • If there is water damage to a home or other structure, consumers should tell their insurance company that there is water damage and they are looking to determine what coverage is available. Consumers should not simply state that the damage is due to a flood as there may be additional causes for water damage, such as storm-related rainwater intrusion, sewer backup, or failing sump pump, that may be covered under the policy.
  • If there is damage to a vehicle, consumers should contact their auto insurance company. They may have coverage for the damage if they carry comprehensive coverage on their auto policy.

More Information

Additional disaster recovery information is available on the DIFS website.

DIFS encourages consumers to first attempt to resolve any claim disputes directly with their insurance company. If a resolution cannot be reached, DIFS will help try to resolve disputes. To learn more and file a complaint, visit Michigan.gov/DIFScomplaints. Anyone with questions or concerns about their insurance coverage is asked to call the DIFS toll-free hotline 8 a.m. to 5 p.m. Monday through Friday at 877-999-6442.

The mission of the Michigan Department of Insurance and Financial Services is to ensure access to safe and secure insurance and financial services fundamental for the opportunity, security, and success of Michigan residents while fostering economic growth and sustainability in both industries. In addition, the Department provides consumer protection, outreach, and financial literacy and education services to Michigan residents. For more information, visit Michigan.gov/DIFS or follow the Department on FacebookTwitter, or LinkedIn.


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Flos Restaurant Gift Card given away from Shield Insurance Agency

Gift Card Winners Compliments of Shield Insurance Agency!

Friday, December 31, 2021

Every week, Shield Insurance Agency draws a winner of a local gift card from its clients and social media followers.

Why? Because we love giving stuff away!

Be sure to LIKE our Facebook Page to get yourself entered to win and see who the winners are!

Shield Insurance Agency has given away thousands of dollars in local gift cards over the last 20 years serving Michigan.

Look who is winning!

Shield Insurance Weekly Gift Card Winner
Shield Insurance Weekly Winner
Target Gift Winner from Shield Insurance Agency in Michigan
Subway Giftcard Winner from Shield Insurance
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Shield Insurance Agency Lowes Gift Card Winner!
Shield Insurance Agency Target Gift Card Winner!
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Panera Bread Gift Card Winner at Shield Insurance Agency
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Shield Insurance gives away another local gift card!
Target Shield Insurance Gift Card Give A Way
Red Robin Gift Card Winner at Shield Insurance Agency

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Shield Insurance is helping Roslyn & Maddox by donating $25 to the family for each non-client who gets a quote from Shield

Shield Referral Program Supports Local Family

Shield Referral Program Supports Local Sparta, Michigan Family

Your Referrals to Shield Insurance Agency Help a Local Family in Need

Your referral can make a difference for Roslyn and Maddox who both have a form of Arthrogryposis Multiplex Congenital. Shield Insurance is helping this Sparta, MI family by donating $25 for each non-client who gets a quote from us.

No purchase necessary!

CLICK HERE to get a quote and we’ll donate $25 to them! (Be sure to mention Roslyn and Maddox in the comment section!) You can also call or text the office (616) 896-4600 and one of our agents will take a few minutes of your time to offer up a quote. Don’t forget to mention Ros and Maddox

“The highest compliment we can receive is the referral of your friends, family & business associates. Thank you for your trust!”

Meet Roslyn
Roslyn and Shield Insurance Agency Referral Program

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e—and make it more organized, functional, and flexible . . . for whatever comes next - Shield Insurance Agency Blog

DIY Updates Your Home Needs Right Now

How to protect your home living space—and make it more organized, functional, and flexible . . . for whatever comes next

By Perry Santanachote, October 07, 2021

With 2020 being what it was and hindsight being 20/20, we’ve learned a lot about new ways of living—with a pandemic, climate change, and working (and working out) at home. We also know a few things we would do differently. But through it all, our appreciation for our homes has never been greater.

Whether you like it or not, you might still find yourself spending more time at home than normal this winter—but this time, you and your home will be ready.

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Shield Insurance Agency Home Office in Hudsonville, Michigan

Happy Halloween to All!

Shield Insurance Agency wishes everyone a Safe and Happy Halloween!

Stop by the office, any time of the year, and we will have some treats for everyone!

We are located at 3214 Chicago Drive in Hudsonville, MI

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What's lurking below your mobile home - Shield Insurance Agency Blog

What’s lurking below your mobile home?

What’s lurking below your mobile home?

Do you remember when you were young and had to check under your bed for monsters before you could go to sleep? I sure do! Because of my hyperactive imagination and the poor decision to watch one too many cheesy 80s horror movies, I was absolutely terrified of monsters when I was a kid. Every night I would thoroughly inspect all of the best hiding places in my room before I reluctantly switched off the light and frantically dashed for my bed, fully expecting to be ambushed by a mob of gremlins as soon as everything was dark. I certainly didn’t want any mischievous little critters to snack on one of my exposed limbs as I slept, so I wrapped myself in a cocoon of blankets as an extra precaution.

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ow to Clean an Oven - Shield Insurance Agency Blog

How to Clean an Oven

By: Jeremy Glass  |  Jan 4, 2021 | HowStuffWorks.com

It can be a dirty job, but someone’s got to do it.

It’s finally time to clean your oven. Yay.

Look, we understand the inherent lack of fun in such a laborious activity, but to clean an oven means a cleaner household with fewer harmful fumes infiltrating your kitchen and food. With little more than baking soda and vinegar, you can give your oven the kind of makeover that’ll eviscerate grease, dirt, and burned-on odor. Here’s how it’s done.

How to Clean an Oven

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4 risk-management challenges of using cross-laminated timber in construction - Shield Insurance Agency Blog

4 risk-management challenges of using cross-laminated timber in construction

In the last few years, a surprisingly conventional material has swept the sustainable building industry: wood. Cross-laminated timber (CLT) construction, a building method in which wood is layered to create a strong and durable frame, is now competing with traditional concrete and steel foundations. This method, which has become increasingly popular in Europe, is now making headway in the United States. According to the Globe News Wire, the industry is projected to grow by 12 percent between 2021 and 2027.

Construction companies, architects, and environmental advocates alike are embracing CLT because it’s more sustainable than traditional materials, durable, lightweight, and suitable for prefabricated construction projects. But this building method also poses new risk-management challenges for owners, builders, and insurance providers. In this article, we’re examining the challenges of CLT across multiple insurance lines—and sharing suggestions for contractors to help mitigate potential risk.

Challenge 1: protecting the project during construction

In terms of builders’ risk coverage, CLT has some benefits. Because it can be built off-site and transported, the method can result in shortened building cycles, which means contractors may save money on insurance costs. However, builders will need coverage in the event of fire or water damage. CLT is made entirely of wood and—even though the material has been proven to burn slowly in fire tests—it is at a higher risk of fire damage than more traditional materials. On top of that, staining and charring of the wood from water and fire damage can cause aesthetic issues, and project owners might require builders to replace the panels even if the building is still structurally sound.

How to mitigate risk: contractors should ensure that CLT is pre-treated with a fire retardant before building. It’s also crucial that all members of the building team understand transport, storage, and staging best practices to limit exposure to the elements.

Challenge 2: evaluating environmental risks

When it comes to environmental risks, CLT has a leg up over traditional building materials. Although CLT is bonded with glue, most manufacturers use formaldehyde-free adhesives to improve air quality and reduce off-gassing. However, when building with CLT, construction companies should take notice of potential water damage and subsequent mold exposure risks. The 2021 International Building Code allows for CLT buildings up to 18 stories—but these taller buildings are exposed to the elements for more extended periods during construction, increasing the risk of water damage and mold growth. If property owners discover mold, contractors may be liable for any damages or associated health risks.

How to mitigate risk: builders should treat CLT with water repellents, particularly on the end-grain where the wood is more porous. During construction, using tent structures that cover exposed materials can also reduce the risk of water damage that can lead to mold growth.

Challenge 3: understanding cross-laminated timber performance capabilities

Because CLT is a newer material for many builders, design-build contractors should take special care to ensure their designs are structurally sound and materials meet quality standards. Both designers and builders should reference and comply with the applicable International Building Codes and stay up to date on evolving research. For example, as this study highlights, the shape and number of layers of CLT can influence the risk of delamination, in which the adhesive holding boards together fails and can put a structure at risk.

As an example of delamination, work came to a halt on a $79-million building under construction at Oregon State University after two layers of CLT floor panel came unglued and fell. While the incident did not cause any injuries, it did result in a several-month-long investigation, extensive rework to replace the damaged panels, and a delayed opening.

By staying informed on CLT performance capabilities, designers and builders are better able to build safely and on schedule and help mitigate the risk of damage, work delays, and related builders’ risk and liability claims.

How to mitigate risk: designers and builders should ensure that building codes align with the use of cross-laminated timber. Using building information modeling (BIM) during the planning process can also help ensure that all stakeholders—including owners, designers, engineers, and architects—are on the same page during the project. 

Click here for the rest of the story…

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8 Fall Chores You Can't Afford to Ignore - Shield Insurance Agency Blog

8 Fall Chores You Can’t Afford to Ignore

Do these maintenance tasks now and reap the rewards later

By Paul Hope | Published October 15, 2016, | Updated September 22, 2021 | Consumer Reports

Early fall is the right time to get your yard and house in order because come winter, small problems can turn into expensive nightmares.

Consumer Reports’ money-saving checklist covers everything from fallen leaves to your furnace. And many of these fall chores cost little more than time and effort. “A little bit of preventive maintenance now will help you avoid big hassles in the future,” says John Galeotafiore, who oversees CR’s testing of outdoor power equipment and other home gear.

Outdoor Fall Chores With Immediate Payoff

Close Your Hoses

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