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Did you know. . .

August 25, 2011 By Jon DeKok

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According to statistics released by the Insurance Research Council in April of 2011 that in the U.S. that approximately 1 in 7 drivers are uninsured?

This is an increase and studies blame the economic decline.

It might be a good idea to call your agent and see what your policy covers if you’re in an accident with an uninsured motorist.

Jon

226-8121

[email protected]

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Filed Under: DeKok Insurance Group, Independent Agent in MN, Uninsured Motorist Coverage Tagged With: better policies, better prices, DeKok Insurance Group, Insurance, Jon DeKok, MN insurance, MN Insurance Information, Uninsured

Watercraft (Boat) Insurance

August 12, 2011 By Jon DeKok

Sailing

With Boat Insurance, there are normally two coverage options regarding physical damage to your boat, motor, trailer, and accessories.

Actual Cash Value or Agreed Value

It is important to understand the difference between Actual Cash Value (ACV)
and Agreed Value.

If a policy is an ACV policy and you were to have a total loss, the adjuster looks at the value of the boat at the time of the loss and pays based on its current actual cash
value (market value).

If your policy is an Agreed Value policy, the insurance company will honor  the value of the boat as agreed upon at the time the policy was written. For example, you buy a new boat for $30,000 and insure it for that value. Five yeas later it’s stolen. Although the boat may not be worth $30,000 due to depreciation, you would be entitled to $30,000 under the Agreed Value policy.

Not all insurance companies offer the Agreed Value coverage. Some companies offer it on newer watercraft, but not on older boats. Some companies like Safeco only offer Agreed Value coverage.

Typically, the premium for an Agreed Value policy is 25% higher than ACV.  The Agreed Value coverage eliminates depreciation in the event of a claim.

It is a good idea to review your watercraft values every two to three years.

Not sure what coverage you have or is in your best interest? Call me and together we can review your current policy.

507-226-8121

Jon

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Filed Under: Blog Tagged With: better policies, better prices, Boat Insurance, DeKok Insurance Group, Insurance, Jon DeKok, MN insurance, MN Insurance Information

A Weekend Ride

August 8, 2011 By Jon DeKok

This is my mom and I taking a ride this weekend around my land. I enjoyed showing her some of my favorite spots.

Jon

Filed Under: Blog Tagged With: better policies, better prices, DeKok Insurance Group, Insurance, Jon DeKok, MN insurance, MN Insurance Information

Apple Season

August 4, 2011 By Jon DeKok

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We have twenty apple trees on our land – more if you count the wild ones found here and there down by the pond. I’m the official apple guy at our house. This includes mixing up a big batch of organic insect repellent
for the trees, picking up the fallen apples before the rot, harvesting the good ones and finally turning them into organic juice I freeze. (we can also safely pick, polish, and eat apples right off the tree worm and chemical-free)

These days, picking up fallen apples is hot work and I share the space with hundreds of bees. They don’t bother me too much. I pile the apples into the back of our John Deere Gator and haul them away where they can deteriorate uninterrupted. The bees follow the apples. Joy says when drive off with the apples piled high and a cloud of bees above the sweet, sticky fruit, it reminds her of cartoons she watched as a kid.

When the apples are ready to pick, I fill up the Gator again (this happens weekly Aug – Oct) and clean the fruit. Using an old-fashioned apple press, I “juice” the apples, strain the juice, and fill up one gallon jugs with juice. We have three freezers we use just for juice.

I don’t separate the different kinds of apples. Instead, I crush whatever is ripe at the time. This results in many different flavors of juice.

Some of the apples are almost ready for the first batch of this season. The crop is abundant and I’m going to busy. When winter comes and the squirrels and blue jays are feasting on the few frozen apples still on the trees,
I’ll be inside enjoying the fruits of the trees labor and mine. That makes the sweat and a bee sting now and then worth it.

Jon

Filed Under: DeKok Insurance Group, Independent Agent in MN Tagged With: apples, better prices, DeKok Insurance Group, Insurance, Jon DeKok, MN insurance, MN Insurance Information

Uninsured & Underinsured Motorist Coverage

July 14, 2011 By Jon DeKok

Although having insurance is required by law, some states report 25% of their drivers don’t have insurance.

That’s why it’s so important for you to understand the value in an insurance policy that includes Uninsured (UM)  and Underinsured Motorist(UIM) Coverage.

 

What is UM and UIM?

UM covers you or anyone in your vehicle if you are injured or killed by a driver who has no insurance. Your coverage will be up to the limit you have on your policy.

UIM covers you or anyone in your vehicle if you are injured or killed by a driver who has liability insurance, but doesn’t have high enough limits to pay for your injuries. In this case, the at fault driver’s bodily injury liability limit will be exhausted, and your underinsured motorist coverage will pay in addition  to their coverage up to your limits.

What’s In It For You?

These protections help cover you physically and fiscally.  They take out the uncertainty of what happens if we are injured by an uninsured or underinsured driver.

Don’t get hit without them!

Common Limits:  Most of us have um & uim limits that are the same as the Bodily Injury liability limits.

This coverage is not required on motorcycles in Minnesota, however, because the risk is much greater, most motorcycle drivers also purchase it.

Did you know?

If you have a personal Umbrella liability policy you can add um & uim to that policy.  For instance if you have a $1,000,000 Umbrella policy you can add $1,000,000 um & uim coverage also.  Feel free to call me at 507-226-8121  for details. Or, you can email me at [email protected].

Jon

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Filed Under: Underinsurance Motorist, Uninsured Motorist Coverage Tagged With: better policies, better prices, DeKok Insurance Group, Insurance, Jon DeKok, MN insurance, MN Insurance Information, Underinsured, Uninsured

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