Monthly Archives: April 2015

Getting Your Boat Ready for Summer

Get started early to get your boat ready for summer

If you love the water, few things are better than boating season.  Summer just wouldn’t be summer without spending those long, hot days on Pewaukee Lake, Big Muskego, etc., cooling off with a lazy dip in the water, dropping a line in hopes of catching a “big one,” or having an action-packed day of waterskiing and tubing.

Boating is not without its share of pre-summer preparation.  Without making the preparation a priority, it’s easy to find yourself midway through July still on dry land.

At the Insurance Center of Milwaukee, we want to ensure you are the first one in line at the boat launch this summer, so here are a few tips for being ahead of the game.

  • Tune it up. It’s always a good idea to have your boat winterized at the end of each season and make sure to get a full tune-up before you hit the lake this summer.  
  • Charge it. Make sure your battery is fully charged.
  • Clear it out. If there is any gas from last season still in your tank, fill it up with fresh gas as well as a stabilizer; this will prevent buildup in the gas lines and injection system.
  • Give it a test. Before you get the boat all the way into the water and off the trailer, lower your motor into the water and make sure it will turn over.
  • Plug it up. Ensure your drain plug is in and the bilge pump is functioning properly.
  • Double- and triple-check. The last thing you want is to get all the way to the lake and realize you don’t have an updated registration or are missing your life vests.  Double check that your documents are updated and that your boat is fully stocked with everything you need.

We at the Insurance Center of Milwaukee wish you a fun-filled and safe boating season!

If you have insurance questions about your boat, please call us at 414-744-6614 or send an email to info@insurancecentermilwaukee.com

Flood Insurance

What you should know about flood insurance

 You’ve probably heard this story before — someone loses a home due to a flood and learns after the fact that standard homeowners insurance doesn’t cover flood damage.

At the Insurance center of Milwaukee, we want to talk to you about the risks you may face – before a loss occurs – so you can determine what insurance coverage is appropriate. Spring is a prime season for flooding, so now is a good time to review flood insurance.

In 1968 the U.S. government created the National Flood Insurance Program (NFIP). Available to homeowners, renters, and business owners, this insurance often is required to obtain a mortgage in areas at high risk of flooding.  You also might want to look into a policy just for peace of mind, even if you don’t live next to a river that may flood. According to the NFIP, nearly 25% of the program’s claims occur in moderate- to low-risk areas. Check out the questions and answers below to help determine if flood insurance is right for you.

Is flood insurance available in my area?

To participate in the NFIP, a community must adopt and enforce a floodplain management ordinance with rules regarding construction in certain flood-prone areas. In exchange, the government makes flood insurance available within that community. Most communities in Milwaukee and Waukesha counties participate, but just give us a call at 414-744-6614 and we’ll help you determine if your city participates. You can also visit http://www.fema.gov/fema/csb.shtm

 What does it cover?

The NFIP provides coverage for both the structure and its contents. Coverage for contents is optional in some cases, giving you flexibility in choosing coverage.  Please note that not all structures can be covered (for instance, a building completely over water).

Keep in mind that you typically can’t purchase flood insurance and have it take effect the next day. There is usually a 30-day waiting period. (There are exceptions to this rule however, particularly when the insurance is required by a lender and is purchased during the process of securing a mortgage.) If you think you need flood insurance, don’t wait to buy a policy!

How much does it cost?

As with all insurance policies, the cost of flood insurance varies depending on your situation. If your home or business is in a high-risk area, such as a “special flood hazard area,” your premium naturally will be higher than those in low- or moderate-risk zones. Premiums are based on how old the building is, how many floors it has, the location of its contents, your deductible and more. Renters insurance is typically less expensive, as renters generally insure their belongings and not the building.

Where can I find more information?

As always, we are happy to help you determine your insurance needs. Stop by our office in Bay View or call us at 414-744-6614.