Why Do I Need Home Insurance?

Buying a home can be a very good long-term decision. When you are buying a home in the Greenwood Lake, NY area, it is very important to make sure that you are being as conservative as possible. One of the ways to do this is to get a quality home insurance policy. Home insurance policies are always going to be required by your mortgage lender and could be required by any association you are a member of. Even if it is not required by insurance or your home association, there are several other reasons why you need to have home insurance in place.

Provides Necessary Protection

One of the main reasons why you need to have home insurance is that it will provide you with very necessary protection.  Your home is a very big asset that needs to be protected by a quality insurance policy.  Your home insurance policy will provide you with insurance coverage in the event it is damaged or destroyed by a storm, fire, or another calamity.

Provides Liability Coverage

When you are looking to provide yourself with the possible coverage, your home insurance policy can also be beneficial due to the liability coverage it provides. Homeowners take on a lot of liability on a daily basis when they own a home. Since they have responsibility for anyone that enters their home, making sure they are covered for unexpected incidents is extremely helpful. A full liability policy will provide anyone with enough protection.

For those that are in the Greenwood Lake, NY area and need a home insurance policy, speaking with Windermere Insurance could be a great option.  Windermere Insurance is a leading insurance provider that can help to ensure you receive the necessary coverage that you need on your next policy.  

When Your Bakery Burns Down, Will Commercial Insurance Help?

There are many bakeries in Greenwood Lake, NY that offer high-quality goods to a large number of people. Unfortunately, severe fires can impact your business and even obliterate it. Thankfully, we at Windermere Insurance have commercial insurance policies that can protect your bakery business.

Severe Fires Can Destroy A Bakery

Bakeries are often prone to fires due to their unique business type. For example, a buildup of debris in an oven can ignite and spread quickly through the bakery. When this happens, there will be a lot of fuel, including the baked goods, that will make the fire spread even more quickly. That’s why it is crucial to get commercial fire insurance to protect your investment.

What Fire Policies Will Cover 

When your bakery is affected by a fire, your policy will typically cover all repair or replacement needs caused by the fire. This coverage includes the building, your sign, furniture inside of the bakery, and your equipment. For example, if your oven caused the fire and was destroyed, commercial insurance can help provide you with a replacement for this essential item. 

Commercial Insurance Helps You Get Back On Your Feet 

Commercial insurance for a bakery will not only help you rebuild your bakery but provide you with loss of income coverage. This money helps you to stay financially solvent while you repair your bakery, rebuild it, or even temporarily relocate it. Most of the time, coverage of this type will usually last for about 12 months, but this will vary depending on your exact policy. 

Don’t Be Afraid To Get A Little Help 

At Windermere Insurance, we can help Greenwood Lake, NY bakeries like yours get the coverage they need to stay open after a fire. Talk to one of our agents now to learn more about the exact policy options, costs, and limitations that will apply to your specific policy. 

How to Apply for a Boat Insurance Claim

Do you worry about how you will handle getting a boat insurance claim if something happens to your watercraft? If so, read on to learn what is required to file a boat insurance claim. 

In order to have a solid understanding of what happened with your boat, you must provide your insurer with as many details as possible. The following are among the most important for you to submit: 

  • How many people were involved 
  • The contact information of everyone involved (names, addresses, and phone numbers especially)
  • Each individual’s insurance information (the names of the companies, their policy numbers, and contact details for the companies)
  • Descriptive information for the watercraft (the year, make, and model) 
  • The registration and license numbers for the watercraft involved
  • Contact details for anyone who will speak as witnesses 
  • Photographs of damage that has occurred

Once you file this boat insurance claim, you will be given a claims representative to assist you. He or she will have an inspection performed of the damage and work towards getting you a settlement. 

Confidence and reliability go a long way with boat Insurance in Greenwood Lake, NY

It can be incredibly nerve-wracking to figure out how to start a boat insurance claim if it is your first time. You may worry that you will do something wrong and not receive funds to cover damage of your watercraft and other related expenses. Do not worry, when you have a dedicated team of professionals such as Windermere Insurance on your side. Serving the greater Greenwood Lake, NY area for several years, Windermere Insurance will ensure that you are given proper assistance and excellent customer service from its experienced representatives. reach out to contact us today, and you will be glad when you see the results. 

5 Ways to Prepare for a 2018 RV Road Trip

RV’ing is a great way to see the country. By planning your travels in advance, you can make your first RV road trip of the year a raving success. Here are a few ways to prepare for your RV travels.

Give Your RV a Thorough Inspection

Use a checklist to inspect your RV thoroughly before hitting the road – both inside and out. Your checklist should include your RV’s batteries, tires, fluids, generator, water system, appliances, lights, turn signals and wipers. Make sure your vehicle is completely road worthy before taking it out.

Map Out Your Travels

Map out your trip and check road conditions around Greenwood Lake, NY or other areas where you plan to travel. There are various websites to include the DOT Federal Highway Administration that provide information on road conditions, construction and closures. Advanced planning can help you avoid trouble spots on the road so you can enjoy safer, more pleasant travels. 

Make Reservations in Advance

Make reservations for campgrounds in advance and confirm them several hours before stopping to avoid last minute problems with places to stay. To be safe, make a list of alternative campgrounds in the area just in case your reservations don’t pan out. If you can’t make it to your reserved campground, call to cancel so they can give your spot to someone else. 

Keep Tabs on Weather Conditions

Check the weather forecast for the time and places you’ll be visiting so you’ll know what to expect. With advanced warning, you can avoid severe storms or dangerous road conditions altogether by choosing alternate routes of travel.

Update RV Insurance

Update your RV insurance with Windermere Insurance, Greenwood Lake, NY, to ensure you’re fully protected against any eventuality on the road. To learn more about RV coverage options, talk to a Windermere Insurance agent today.

Does Boat Insurance Cover Sound Systems?

After buying a boat, you may install a pricey sound system in your boat. This allows you and your guests to enjoy music while you are out cruising the waterways. One of the questions that many of our customers at Windermere Insurance, serving the greater Greenwood Lake, NY area, are asked is whether boat insurance will cover this pricey sound system in the event it is stolen, vandalized or damaged in a boat collision. Here is what you need to know.

Does Boat Insurance Cover Sound Systems?

In most cases, your boat insurance policy will exclude parts that are not original to the boat. This includes items such as new motors, light systems and sound systems. If these items are excluded, that means that they are not covered by your boat insurance policy in the event of weather-related damage, vandalism or theft or collision-related damage. 

Is There Any way to Protect Your Sound System?

If you are looking to protect the aftermarket parts that you add to your boat, you will need to purchase supplemental or add-on insurance policies. Depending on what you need to be covered, you may need a custom parts add-on policy or a sound system policy. If you are simply looking to insure the sound system, a sound system policy may be best for you. If you are looking to ensure a variety of extra parts, a custom parts supplemental policy may be ideal for you. 

If you are in the market for boat insurance in the greater Greenwood Lake, NY area, Windermere Insurance would love the opportunity to assist us. Contact us today and let us find you the right boat insurance policy and add-ons to best suit your needs. 

How Umbrella Insurance Can Keep You From Losing Your Business

Business owners often have risks that they may not even be aware of until something bad happens. It is our goal at the Windermere Agency Insurance serving the areas in and around Greenwood, New York to give business owners the insurance protection they need to avoid serious financial loss from these “hidden” risks.

Here are a few examples of why having umbrella insurance for your business is important.

Lawsuits

As a small business owner, litigation risk is a major concern. Each year in America, CommonGood.org reports that there are over 15 million civil lawsuits filed, many of them directed at businesses. The most annoying ones are frivolous, which are attempts to force a settlement of some kind from a business owner who wants to avoid having to pay expensive legal fees for defense.

If there has been a real problem that the business is liable for, awards can be in the multiple millions and literally wipe out the value of the business overnight. Sometimes these problems are caused by a supplier used by the business, such as for example when a restaurant owner receives tainted meat from a wholesaler and the restaurant owner’s customers get ill from eating it.

Commercial Vehicle Accidents

Operating commercial vehicles is often a necessity in business. Many owners do not understand that anything that is done with those vehicles can create a liability for the business owner. There have been cases where the vehicles were stolen and then involved in an accident causing the company that owned the vehicle to get sued for the damages created by a thief. If the damage is extensive, it may exceed the commercial vehicle insurance limit and that would mean umbrella insurance would be called upon to pay the claim.

Sexual Harassment

Sexual harassment in the workplace has been in the news quite a bit lately. A business owner is ultimately responsible for what any employees do in this regard.

Defamation

Using social media carries a risk of unintentionally creating a defamation claim against a company. Employees, using a company’s account, who cyber bully others online can cause this risk to the business owner.

Summary

These are just a few examples of the types of things that can occur, which put a business owner at risk of losing the business. There are much more. Umbrella insurance can be customized to provide adequate coverage for your specific needs. Discuss the details with your agent at the Windermere Agency Insurance serving the areas in and around Greenwood, New York.

Reasons to Have a Personal Umbrella Insurance

Personal insurance is a broad term used to describe insurance that covers human life in terms of injury, illness, death or accidents. It also classifies insurance policies designed to protect personal or family possessions or health. Personal umbrella insurance is insurance that covers the cost of any personal insurance claim that exceeds the limitations of a personal insurance policy.
 
Examples of Personal Umbrella Insurance Usage
Let’s say you’re participating in an event with other people, and you accidentally harm somebody severely. You’re responsible for covering the cost of the hospital expenses. Although you might have insurance that covers an event like this one, the expenses might exceed the amount of insurance you have. If you should happen to be held accountable, the amount of your insurance will cover the cost, but you have to pay for whatever insurance didn’t cover. If you don’t have the money, you could find yourself severely in debt and having to sell your possession to cover the expenses. 
 
Deciding How Much Umbrella Insurance You Need
You obviously want enough insurance that covers the cost of your assets. For instance, if you have $1,000,000 worth of assets, you want $1,000,000 worth of insurance. If you have $2,000,000 worth of assets, you want at least $2,000,000 worth of insurance. Keep in mind, if you earn an annual income that exceeds $100,000 per year, you need umbrella insurance to protect your income. You’ll need even more if you make $200,000 per year. We’ll ask you specific questions regarding your income and financial situation, so we can help you determine the amount of umbrella insurance that’s ideal for your particular needs.
 
To get a quote from umbrella insurance, contact The Windermere Agency, serving Greenwood Lake, NY, by calling 845-595-1555.

 

Essentials of flood insurance

Most people assume that their home insurance covers damages caused by floods, but that is not the case. Most insurance companies including Windermere Insurance offer home insurance separate from flood insurance. It is important that you check the terms of your policy before signing any agreements.

If you are in Greenwood Lake, NY, it is recommended that you take a flood insurance coverage since it is an area susceptible to floods. Floods can be caused by hurricanes, storms or even melting snow. Therefore, even if you are in a low-risk area, it is good you take this cover just as a precaution.

We at Windermere Insurance want you to have peace knowing that your home is protected from floods if it occurs. We have a team of dedicated personnel who are always ready to listen and guide you through our coverage options. To know if your home needs or qualifies for flood insurance, feel free to contact us at any time.

We provide flood insurance which is authorized by the Federal Emergency Management Agency (FEMA). Some of our coverage options include:

Building Coverage

With this coverage, your home’s physical structure is protected against floods. Note, however: flood insurance does not cover the land where your house is built.

Contents Coverage

Contents coverage covers items or belongings in your home. Some examples of contents covered include clothing, electronics, furniture, dishwashers, grills, microwaves and carpeting among others.  We recommend that you evaluate your home inventory before signing any agreements so you can know what you are insuring.

Replacement Cost Coverage

If your home is a primary residence or that of a single family, we give you a reimbursement for any cost you may have incurred replacing your home. However, this coverage depends on your policy so make sure you understand all the terms of your policy.

We are honored to serve the people of Greenwood Lake, NY, and that is why our priority is your satisfaction. Feel free to contact us or visit our offices for more information.

 

Transferring Life Insurance After Marriage

We help you take stock of your life at  Windermere Insurance in Greenwood Lake, NY. What better time to reevaluate your insurance needs than after you say " I do"? 

Recently married couples need to take a few moments – needless to say, of course after the honeymoon – to consider revamping all of your insurance policies. If you haven’t taken care of this before your wedding vows, it is a good chance that your life insurance policy needs to be adjusted after your nuptials.

Some items to be considered… 

If this is a second marriage review who the beneficiaries are on your life insurance policy. If you were previously single you may want to consider increasing your coverage amounts since you have the responsibility of a spouse now. Speaking of increase, if you plan on having children it is a good idea to plan for them accordingly as well.

If you have insurance through your employer only you may want to consider taking out additional insurance. Checking all beneficiaries on all policies is a word to the wise.

Transferring a beneficiary is not difficult to do, however you need to speak with your insurance agent since it also involves who has taken out the policy. 

Speaking with your agent about transferring to a whole life policy if you currently have a term life policy is key at this juncture in your responsibility. Whole life policies feature cash value building as well as other investment facets that may be helpful as your family grows. 

Contact us as at Windermere Insurance as soon as possible after you have been married to discuss your life insurance needs. You and your significant other are welcome to come in to see us if you are in the Greenwood Lake, NY area or nearby locations. 

How Long do you Have to File an Insurance Claim?

In general, it is best to file insurance claims as close to the date of the incident as possible for a few different reasons. For starters, the closer to the incident the better the recall, the more accurate the damage, and the quicker the policy can pay out. For those in the Greenwood Lake, NY area the agents with Windermere Insurance can help to answer any questions you might have.

In most cases, insurance companies do not have a specific time limit on when you can file a claim. Though there is no technical limit, you should still work to file your claim as quickly and timely as possible. The further from the time that the qualifying event occurs or the harder it is to prove the damage, the more likely it is that your home insurance will reject the claim.

With any claim, it is important that you take the time to quickly and efficiently file in the hopes of having your claim approved and paid out quickly. You are also going to want to make sure if you are filing a late claim that you follow every single possible step that is outlined in your policy to insure that the claim is not rejected.

In most cases, a late claim is not the end of the world and filing a claim six or seven months after the fact is not going to lead to an immediate rejection by your insurance company. Waiting a year or more can however severely damage your chances at getting an adequate pay out. If you live in the Greenwood Lake, NY area the agents with Windermere Insurance can help you to find out what a timely claim is and how to file on time.