Michael Spath

6 posts
A small business insurance counselor and broker, Michael Spath joined Kapnick Insurance Group after more than four years of running his own small business. Michael has always been a champion for small businesses and believes not only in providing advice and service but investing in their success, offering an extensive collection of networks and potential partnerships that can be mutually beneficial.
business insurance
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When Do You Need Business Insurance?

A few weeks ago, I bought a new car. It was a stressful experience because of the shortage of vehicles at dealerships across the country. Incredibly, I was able to work out a sale price my wife and I were comfortable with, but we still purchased the car in a seller’s market. Worse, unlike homes...
errors and omissions insurance
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Errors and Omissions Coverage Is A Must for Technology Businesses

In early September, I attended the Ann Arbor New Tech showcase. This event featured several startups in the technology sector, ranging from software programming to app development. After three presentations, I offered a two-minute spiel on business insurance, how to procure it for new enterprises and the potential coverages needed to secure a business’ financial...
business owner's policy
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Business Owner’s Policy: Why Your Startup Needs This Type of Insurance Now

Like many industries, the insurance world has its own language, with a glossary full of acronyms that routinely spill out of an agent’s mouth: GL (general liability), E&O (errors and omissions), EPL (employment practices liability), BPP (building personal property), WC (workers’ compensation) and on and on. Insurance can be complicated, and the frequency with which...