Commercial Package
Michigan Insurance Company’s Commercial Package Policy can be tailored to fit your business insurance needs with broad coverage and a unique group of discounts that will keep your coverage affordable.
Broadened Coverage
We make broad coverage affordable when we bundle those additional coverages that most business owner need into a single endorsement. Michigan Insurance offers endorsements that add coverage such as:
- Accounts Receivable
- Business Income - Actual Loss Sustained
- Contractor's Equipment (Including Tools)
- Employee Dishonesty
- Manufactures Selling Price
- Additional Insured - Broad Form Vendors
Industry Specific Programs
We offer programs with tailored coverage to meet the unique needs of these industries:
- Automobile Service and Repair
- Contractors
- Hotels, Motels, and Bed & Breakfasts
- Metalworking
Additional Coverage
To complete a Commercial Package Policy we offer a full line of additional coverages including:
- Equipment Breakdown
- Inland Marines Coverage
- Employee Benefits Liability
- Employment Practices Liability (EPLI)
Discounts:
Schedule Rating
Up to a 25% credit
Group Rating
Up to a 25% credit available to some groups
Experience Rating
Discounts are available for both “Small Risk” and “Larger Risks” who have favorable loss experience
Multiple Policy Discounts
Available when Commercial Auto, Workers Compensation, or Commercial Umbrella policies are also written with Michigan Insurance Company. Additional credit is available when a business owner has their personal insurance policies written with Michigan Insurance Company.
Paid in Full Discount
Available to customers who chose to pay in one annual installment.