3 Tips You Need to Look For When Deciding to Purchase Boat Insurance

Are you an actual or a potential boat owner living in Milwaukee, WI? If this is the case, then there are many things that you need to consider, purchasing boat insurance being one of them. The insurance policy that you will purchase will not only cover or protect your boat but also personal liabilities.

In Milwaukee, WI, apart from Dern & Company, there are hundreds of contact companies that have proven track records of not only insuring sailors but also paying claims. What then do you need to look for when deciding to purchase boat insurance? The following are three important tips to consider.

1. Windstorm Coverage

This is arguably one of the most necessary insurance policies that you need to consider. Tornadoes, storms, and floods could hit Milwaukee at any time, and windstorm coverage is an important tip to consider when purchasing boat insurance. Such eventualities could hit Milwaukee, and if you are an actual or potential boat owner in Wisconsin, you need to consider insurance companies such as Dern & Company.

2. Deductibles/Excess

Deductibles or excess is the amount you pay for in the event of a claim. Before deciding whether to acquire boat insurance, you need to be aware whether an insurance company of your choice is in a position to pay for a reasonable portion of the repairs, partly with your contribution, that you may need.

3. Cruising Area

It is important to keep in mind that the extent of cruising will have direct impacts on your premiums. Wider cruising areas call for higher premiums. If you fancy cruising into broader areas then you need to consider whether your contact company can cover such costs.

Reach out to Dern & Company to learn more about boating policies. Our agents can answer any questions you may have and further explain the benefits of an insurance policy.

Three Questions Answered About Your Homeowner’s Insurance

Owning your home is a wonderful feeling. It means you are independent, you have your own space, and you have moved up in life. Whether you own a large or small home, it’s yours and that’s what counts.

However, what if something were to happen to your home in Waukesha or Milwaukee, WI? That’s where Dern & Company insurance comes into play. Of course, you have coverage, but do you really understand it? Do you know what it does or does not cover? If not, you probably need to sit down with your Dern & Company insurance agent and ask these 3 questions.

What all is actually covered on my homeowner’s policy?

Your policy will cover your home’s structure, outdoor buildings such as garages, sheds, and so on, as well as your personal property within all of these structures. You need to have documentation of what personal property you own.

What if I have to leave my home while it gets fixed?

No one likes to think that their home will suffer serious damage, but sometimes that does occur. Your home may become unlivable due to an accident, act of nature, fire, or vandalism. If this should happen, you probably won’t be able to stay in your home. Do you know if your insurance covers your living expenses while your home is repaired? Dern & Company is happy to let you know that this can be covered under homeowner’s insurance.

What if someone gets hurt on my property?

Everyone has heard the horror story of the kid that comes over to visit, slips on the grass in the backyard, and breaks his leg. His parents end up suing you for all you’re worth. This story is probably why we tell kids not to run when they’re at our house. But the truth of the matter is, if someone were to get injured on your property, Dern & Company says reasonable medical expenses under liability limits are covered for the injured party. So, let the kids run!

Any more questions? Contact Dern & Company in Milwaukee, WI today!

Why Risk Management Is Important For Commercial Policy Owners

Risk Management with Dern & Company

Business owners in Milwaukee, WI are always interested in ways to improve safety while cutting costs. Many have a commercial insurance policy to protect their business assets in case of an unforeseen claim.  At Dern & Company, we strive to help our commercial policy customers make the most out of their business practices, especially when it comes to safety and standards. Here are some fantastic tips we’ve discovered, recommended by the State of Wisconsin’s own Commissioner of Insurance, to help your business with risk management.

What is risk management?

These are practices that help to limit the possibility of exposing yourself and your business to a future liability. Simply put, these measures increase safety in the workplace, which reduces the potential for an accident that you could be held responsible for. In most cases, these strategies are simple and easy, making them incredibly worthwhile.

Risk Management Tips

Here are just a few things you can do to improve safety in your workplace:

  • Commit to regular safety inspections, especially in areas of high-traffic for both customers and employees.
  • Invest in certified first-aid training for employees to limit the extent of injury in an accident.
  • Have wiring and other potential fire hazards inspected regularly. Make sure your fire alarm system is in proper working order, and consider installing a sprinkler system to help mitigate potential fire damage. 
  • Make sure employees are aware of any potential hazards in the workplace. Clearly designate certain areas that are most dangerous. Train your employees on the proper way to handle heavy or dangerous materials.

Let Us Keep You Covered

Dern & Company wants you to have peace of mind when it comes to the future of your business. We invite all Waukesha and Milwaukee, WI business owners to contact us to discuss commercial insurance and ways you can implement risk management to reduce your chance of liability claims.

Why Is It Important to Have Renters’ Insurance Coverage?

Many renters in Wisconsin erroneously assume that their property is covered by their landlord’s policy, but that only goes as far as the building is concerned. Your personal belongings, as a renter, require a separate coverage. Many people underestimate the value of their belongings, but it could rise to unimaginable value. Dern & Company, based in Milwaukee, WI, can explain this.

While a renters’ insurance coverage is affordable, depending on how much coverage you require, type of coverage you go for, and the amount of the deductible, it still covers for losses to your personal property. The property includes electronics, clothes, furniture, jewelry, computers, and luggage. A standard policy covers for damage caused by aircraft, water, vehicles, falling objects, explosions, windstorm, smoke, theft, and civil commotion. However, losses arising from floods and earthquakes are covered in a different policy.

The coverage again comes in handy by providing protection for someone injured in your home. This is called liability coverage, and it also pays for any court judgment or legal expense up to the stated policy limit.

Many cases of theft and vandalism are reported when people are away from home, say for a vacation or other needs. The good thing about a renter’s policy is that your property is compensated whether you are at home or anywhere else outside of Milwaukee, WI or around Wisconsin. Additionally, if your house is damaged by any of the factors earlier stated to a point where it is uninhabitable, the policy may cover the associated costs such as food and the cost of living that you will incur in your temporary residence.

If you want to apply for a policy or want to clear up some things about your existing one, you can visit Dern & Company at any of our offices. We are here to serve all your insurance needs directly and reliably.

 

Does Boat Insurance Cover Non-Accident Injury?

Boats are a great summer toy, but for many, there are tons of boat insurance questions that are simply not answered. For those that live in the Wukesha or Milwaukee, WI areas, the agents with Dern & Company can answer any and all boat insurance questions you might have.

Does boat insurance cover non-accident related injury?

This is where boat insurance is a bit tricky. For the most part, it is not going to cover you slipping on deck and hurting your leg or falling overboard and getting a bruise. Boat insurance, especially basic policies, are in place to protect the vessel itself and to protect the people that are on the water with you.

Average liability boat policies are going to cover collision with other watercraft, collision with things like docks, and other unavoidable accidents. You may be able to get a comprehensive policy that covers more, but without talking to an insurance agent, it ‘s hard to know if even a comprehensive policy is going to cover any damages.

For those that are looking into getting a boat policy, for the most part, your policy is only going to cover an injury that you incur, or that is inflicted on others as a direct result of an accident or collision. In these cases, your policy will help pay for repairs to the boats involved as well as medical bills of those that are injured in the accident. This is to make sure that, like when driving a car, everyone is covered and that no one is going to be saddled with large bills. For those in the Milwaukee, WI area, the agents with Dern & Company can help you find the perfect policy every time.

Tips for Filing a Homeowners Insurance Claim

No one wants to have to file an insurance claim, but if you need to do so, there are steps you can take to make this process go more smoothly. In this article, we will talk about some of the things you can do to make filing a claim easier.

Take Inventory

Before disaster strikes, make sure to have a list of the things you have in your home. Grab a video camera, and use it to take stock of your possessions, and make sure to take photographs of your property from different angles. It also helps to mark your high-value items in ways that will make them identifiable to you later. If you have antiques or fine art, you should have these appraised, and you should keep your insurance policy, appraisal, and your inventory records in a secure place away from your home.

Filing Your Claim

It is important to make your claim as soon as you can. You will need to submit your proof of loss, and after that, your insurance company has 30 days to approve or deny your claim, unless there is a mitigating circumstance preventing them from doing so. You can hire your own appraiser if you’re at odds with your insurance company over the value of your claim, and you can hire an attorney to represent your best interests. The insurance company will need to notify you in writing every 30 days if the claim is still ongoing.

Dern & Company Provides Homeowners Insurance

Residents of Milwaukee, WI are not required by law to have homeowners insurance, but their lenders will usually require them to do so. Homeowners insurance protects your assets by providing compensation when your home is damaged by vandalism or natural disasters, and it will provide liability coverage in certain situations. Dern & Company has experience serving the Milwaukee, WI area and even Denver, CO, and we invite you to call or stop by the office to get a quote on a homeowners insurance policy today!

 

The Underwriting Process for Wisconsin Commercial Insurance Policies

Businesses have to deal with certain liabilities, and the costs associated with them can be damaging to their future. If you don’t have a policy to cover these liabilities, you may have to pay for any costs that can be associated with these types of perils. It can include any accidents that can occur at your place of business, and it may also include any legal fees that you may incur during the defense of a lawsuit. These costs could be high enough to put you under financial hardship, and it can lead to bankruptcy.

Standards of Insurance Underwriting

Each insurance company will have its own set of standards when it comes to commercial insurance underwriting. The process is meant to determine if your business is eligible for a policy, and it’s used to determine the premium that you’ll have to pay to keep it in force. An insurance company will have certain tables that can be used to determine your overall risk, and it will use that information to put you in a certain classification. It will look at the nature of your business, and it will charge you a rate that’s based on the group in which you’re placed.

If you have been sued or had a legal claim filed against you, you could pay a higher rate, and your classification can increase as well. In the State of Wisconsin, insurance companies are required to give you at least a 60-day notice if they decide to increase your rate by more than a certain percentage.

Purchasing Commercial Liability Insurance

Businesses are concerned about certain liabilities, so they look for ways to control their costs. If you live in Milwaukee, WI and need a commercial insurance policy, then you need to get in touch with Dern & Company. We have agents who would be more than happy to talk to you about your commercial insurance needs, and they have years of combined experience in the laws and regulations that apply to the State of Wisconsin. That’s why so many people in Milwaukee, WI rely on Dern & Company to help them find a policy that they can afford.

If you want to find a commercial insurance policy for your specific needs, get in touch with us by phone or an office visit today! We will be happy to answer any questions you may have.

What You Should Know About Driving After Age 70

There is good news for drivers who are senior citizens. According to the State of Wisconsin’s Department of Transportation, 1 out of 3 drivers is over the age of 55 and they are statistically considered the safest demographic on the road due to their experience and level of responsibility. That being said, it is important that senior drivers keep their driving skills up to date because according to the same source people over the age of 75 are actually more likely to be in an auto accident and more likely to sustain serious injuries during said accident. We care about our seniors in the Milwaukee, WI area and want to keep you up to date on what you need to know.

Keeping Safe on the Road is Vital for all Ages 

Dern & Company knows that information is power. So the more information people have about the top causes of traffic incidences in each age group the more likely they can be avoided. As people continue to drive over age 70, they need to be aware of any health issues that may arise that make driving difficult. For example, if a driver has not had an eye test in a few years, they may not be aware that their sight is a risk to their safety on the road. A pair of glasses could be an easy fix that can save a life and prolong driving years. Medications are another risk for drivers of all ages, if a doctor changes the dose or prescribes a new medication it is vital to make sure to read the precautions and take the first few doses without driving, just in case. Knowledge of your capabilities and how to fix any safety issues can mean a longer lifespan.

Contact us at Dern & Company for all of your insurance needs in and around Milwaukee, WI. We want to help all of our customers enjoy the privilege of driving for as long as possible.

Is Your Home Ready for Spring?

It may have been a cold winter in Milwaukee, WI but the warmer weather of spring is just around the corner. Even if you are already prepared for spring and are patiently waiting for it to arrive, your home may not be in the same condition. As a homeowner, there are a few things you need to do to ensure that your home is ready for spring. Use these tips from Dern & Company to get you started. 

  • De-winterize your home. if you took the time to winterize your home before the colder weather hit, then you also need to de-winterize it now that spring is coming. 
  • Do some spring cleaning. Take the crisp, fresh air and channel it into cleaning inside your home. You will be amazed by home much better you feel once it is done. Not to mention, it will look great as well. 
  • Get your HVAC checked. Now is the perfect time to ensure that all of your air conditioning hardware is working correctly. The last thing you want is to need it on a hot day only to find out that it is broken. 
  • Plant some flowers. Spring is not complete without flowers so if you have some yard space you can plant some, then take advantage of it and plan an afternoon of planting. You will love the way it looks when everything starts blooming right outside of your windows.

Even if you do all of these things, your home is not fully protected without a home insurance policy. You need to go ahead and get a great home insurance policy if you do not already have one. Contact Dern & Company, serving Milwaukee, WI, to get a free quote that fits within your budget and meets your needs. 

Tips to Avoid Hydroplaning

Driving in rainy weather conditions can be dangerous in the Milwaukee, WI area because hydroplaning can occur. Hydroplaning can happen when there is standing water on the road and sufficient speed that causes your tires to lose contact with the road. A loss of road contact results in a loss of ability to steer and brake. The loss of control feeling often causes drivers to panic and overcorrect, which can lead to an out of control car.

Avoid Hydroplaning

If you’re traveling in the rain, do not use the cruise control so you can stay aware of your speed and adjust as needed. Make sure your tires have adequate tread and rotate your tires regularly to maintain even wear and maximize the life of your tires. Replace tires when the tread is getting low. The better the tread, the more efficiently the tire will push rain and snow out of the way. Avoid standing water on the road and pay attention to cars in front of you to see how much water is coming from their tires.  It will help you know when you need to slow down.

Handling Hydroplaning

Remain calm because hydroplaning tends to be a short situation and that feeling of a loss of control will be short. Do not panic and hit the brakes. Gently lift your foot off the gas to allow the weight of the front of the car to bring things back under control. Avoid over-correcting by gently steering in the direction you need to go. 

Dern & Company

We have been providing auto insurance coverage to those in the Milwaukee, WI area for over 25 years. Dern & Company agents are experienced and are here to help you find the auto insurance policy that’s perfect for your situation.