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Wedding Season is coming!

3/4/2022

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Forbes is expecting a wedding boom in 2022. They cite a new survey from The Knot that estimates 2.6 million weddings this year alone. Getting engaged is a beautiful moment for a couple which is sure to be the source of many stories in their future. It also triggers an essential conversation between you and your agent to ensure you're appropriately covered as you are prepared to say "I do."
  • Ring Coverage: The story often starts with at least one ring. Providing coverage for the ring provides coverage for that moment in time when someone said "yes" to forever.
  • Event Coverage: Martha Stewart Weddings estimates planning a wedding takes 10-18 months. A lot can happen in that time. Things like venues and caterers are booked far in advance and subject to potential losses. Why worry if these service providers have enough coverage and are there when you need them. Provide yourself with some peace of mind; purchase Wedding Event Coverage; work with a good wedding planner, like Availed Wedding and Event Planning
  • Talking about the correct form of property coverage and the benefits of combining auto insurance seems more natural than ever before. ( Combining Insurance: At one time living with your significant other before marriage was taboo—times have changed. According to the National Center for Family and Marriage Research, in the years between 1965 and 1974 only 11% of couples lived together before their first marriage. That number increased to 69% between 2010 and 2013.
If you have questions about Wedding or Event Insurance, please reach out to us.
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Who needs a Personal Umbrella

3/2/2022

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Lately, I have been asked about Personal Umbrellas and who needs one.
Personal Umbrellas will help protect you from the rare but expensive claim which exceeds your liability limits.
Umbrellas are for everyone.
All of you need this policy — even if (and especially if) they're not millionaires. Do they drive? Have kids? A dog? Own rental properties? A loss can happen to anyone at any stage of their life. I bought my first Umbrella Policy when I was in my 30's, and one of my dad's friends asked why? "you don't have $1m in assets to protect.
I replied I was protecting my future income. He replied, Didn't think of that, smart move.
An umbrella pays for medical and legal expenses beyond homeowners/renters and auto.
An umbrella sits on top of homeowners/renters and/or auto policies, adding an extra layer of coverage above and beyond those limits. Insureds may not know their current policies may not be enough when a loss occurs. Even with limits of $250,000/ $500,000, you may exhaust your limit. How much does an air ambulance ride to the hospital cost?


When a covered loss occurs, the Umbrella kicks in to protect assets and pay expenses.
An accident can wreak financial havoc quickly – how high will a judgment go? Anything above their homeowners/renters and/or auto policies limits will come out of their pocket. And a full 75% of folks recently surveyed said they didn't know an umbrella can protect them from financial loss, but it sure can!
The critical part of the Umbrella that some people often miss is to add Uninsured and Underinsured Motorist Coverage to the Umbrella. This protects you if the at-fault party has lower limits. Your Umbrella will pay you if you need it.


​Send your questions to davidwinters@Mnipn.com
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    David Winters

    Independent Insurance Agent

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(612) 325-3516
(612) 430-9170
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D Winters Insurance Services
13312 Inverness Rd
​Minnetonka, MN 55305

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