When is having home insurance a requirement?

There are many different great investments that someone can make. However, one of the best long-term investments that you could make would be to purchase your own home. If you are in Mishawaka, IN, buying a home will come with plenty of short-term and long-term advantages. When you do purchase a home here, you need to remember that it is a very big asset and investment that you need to properly protect. A great way to do this is with home insurance. In fact, there are several situations when having this will be a requirement.

When Financing the Home

A very common situation when you will need to have home insurance is when you are going to finance the purchase of the home. Anyone that takes out a mortgage will need to carefully review their insurance requirements. Most of the time, it will include specifications for the type and level of insurance that you need. 

When in an Association

If you live in a property that is governed by a home association, you also likely will need to have home insurance. A condo association will want all owners to have home insurance to ensure they can pay for damages they cause and to repair their home. You will likely need to provide evidence of coverage each year. 

Property owners in the Mishawaka, IN area often are required to get home insurance. Even if it is not a requirement for you, having this coverage is almost always a good idea. When you are in the market for home insurance here, you should speak with the team at Kevin Dennis Insurance Agency. If you do call Kevin Dennis Insurance Agency you can learn a lot more about the advantages of this insurance policy and how it could protect you. 

Three features of motorcycle insurance you should be aware of

If you want peace of mind and financial security while you’re biking, it’s important for you to have the right motorcycle insurance policy.

We provide motorcycle insurance to Mishawaka, IN bikers at Kevin Dennis Insurance Agency. We can help you navigate the complexities of this important financial product.

The following are three features of motorcycle insurance you should be aware of.

First accident waiver

Some motorcycle insurance policies offer a first accident waiver. With this type of policy feature, getting in one accident won’t cause your premium to go up at all. This helps to keep your premium constant and removes some of the uncertainty of motorcycle insurance premiums.

You might need to meet certain driving record requirements to qualify for a first accident waiver on your motorcycle insurance policy. 

Motorcycle replacement coverage

Bike replacement coverage is a good feature to have on your motorcycle insurance policy. With this feature, you can be sure that you will get enough back from your insurance company in the event of a total loss to replace your bike. 

Accessory coverage

A lot of bikers add accessories to their bike that provide enhancements. It’s important to be aware of the insurance ramifications of adding accessories.

You may need to update your coverage after you have accessories added so that you can be sure that you’re covered for new features you’ve put on your bike. This is especially true if you’ve invested in a particularly valuable motorcycle enhancement like the addition of a custom exhaust to boost horsepower. 

You can learn more about motorcycle insurance features by contacting us at Kevin Dennis Insurance Agency. Get in touch with us today to explore motorcycle insurance policy options in Mishawaka, IN. 

Do You Need Commercial Insurance for Your Indiana Business?

You have invested your time, hard work, and money into your business and to protect your business, you should consider obtaining commercial insurance. In the state of Indiana, all businesses must carry two types of commercial insurance:

Workers’ Compensation Insurance

State law in Indiana requires that all businesses that have any employees, full-time or part-time, must carry a workers’ compensation insurance policy. This type of insurance will help pay the medical bills and wages of your employees if they are hurt on the job or become ill due to a reason associated with their job and cannot work for a period of time.

Commercial Auto Insurance

All vehicles used for business purposes associated with your business must be covered under the state laws in Indiana which require all drivers to at least have liability insurance. This type of coverage pays a certain amount per person who is injured in an auto accident deemed to be the fault of you or one of your employees and any property that is damaged as a result of the accident.

General Liability Insurance

This type of insurance will provide coverage for injuries sustained by a customer or visitor to your business or injuries caused by your business. For example, if you own a construction business and a ladder falls on top of a person walking by on the sidewalk near a job site, this policy will help cover their medical bills and lost wages due to their injuries sustained in the incident. It will also cover any property damage that occurs due to an incident caused by your business.

Professional Liability Insurance

This type of coverage will help pay your legal fees if someone files a lawsuit against you due to a faulty product or some other reason.

Cyber Liability Insurance

If there is a breach of data or a cyberattack that causes your customers’ personal information to be hacked, this type of policy will cover fees and other costs associated with clearing up this situation, including the costs associated with informing all of your customers about the breach of security.

To create the best policy for you and your business, you will want to enlist the help of an experienced commercial insurance agent. The agents at the Kevin Dennis Insurance Agency in Mishawaka, IN are ready to serve all of your commercial business needs and to provide you with the peace of mind you deserve. Call for an appointment today!

Three features your home insurance policy should offer

If you’re a homeowner in Mishawaka, IN, you need to purchase home insurance to protect the investments you’ve made in your property. We offer home insurance policies at Kevin Dennis Insurance Agency. 

Here are three features you should be sure to look for in your home insurance policy.

Coverage for temporary living costs

If something happens to your home that makes it temporarily uninhabitable, you’re going to need a place to stay. You should know that some home insurance policies will offer coverage for temporary living costs brought about by the destruction of a policy holder’s property.

This is a useful feature for a home insurance policy to have. With this feature, you don’t have to worry about finding a way to pay for alternative housing until your home gets repaired. 

Added coverage options for especially valuable possessions

A standard home insurance policy should offer coverage for the possessions within your home. However, there will be coverage maximums on this type of coverage. If you have especially valuable possessions in your home, a standard home insurance policy might not offer enough coverage for your needs.

This makes it important to choose home insurance from a provider who can offer added coverage for valuable possessions. 

Coverage for damage to outbuildings on your property

If you have outbuildings on your home like a detached garage or guest cottage, it’s essential for you to make sure your home insurance will cover these outbuildings. Otherwise, you might end up having to pay out of pocket for repairs if your outbuildings become damaged. 

Are you interested in learning more about important home insurance features? Get in touch with us at Kevin Dennis Insurance Agency to learn more about home insurance in Mishawaka, IN. 

Protect Your Motorcycle With These Insurance Add Ons

There are all kinds of insurance options for your motorcycle. It doesn’t matter what sort of bike you have; you will want to protect it adequately. With the varying insurance options available to you, it can be a bit tricky to know which one is right for your riding needs. Some may be of no use for you, while others may be essential. So which should you opt for? Our staff here at Kevin Dennis Insurance Agency is here to help you with this. So, if you live in or around Mishawaka, IN, and own a motorcycle (or are considering the purchase of one), let our staff aid you in finding insurance coverage options. 

Medical Payments / PIP

With Medical Payments, also known as MedPay, this insurance is designed to offer protection for your medical bills. These bills will aid with your health insurance, assisting you in covering varying injuries you might have. You may also want to consider Personal Injury Protection or PIP. This will help not only pay for medical expenses but also lost wages if you’re injured and can’t work. 

Roadside Assistance

Should your bike break down in the middle of a ride, or if the battery should fail on you, it is vital to seek assistance. Roadside assistance will provide you with this assistance and save you money in the process. 

Protect your Motorcycle With The Right Insurance Add Ons

These are just a handful of the motorcycle insurance add ons you can consider for your bike. With so many other options to choose from, you may not know what to go with. But don’t worry, our staff here at Kevin Dennis Insurance Agency is ready and waiting to help. So, if you live around the greater Mishawaka, IN area, and own a motorcycle, give our staff a call. We’ll answer all your questions, address all your concerns, and help you find the right motorcycle insurance protection for your needs. 

Do I need commercial insurance in Indiana?

Anyone that owns a business in the Mishawaka, IN area likely knows that many essential responsibilities come with business ownership. One important responsibility that you will have is the need to carry commercial insurance. There are several reasons why a business owner in this area will need to have this coverage. 

Required by Lender

One reason why you need to have commercial insurance for your Indiana business is that your lender can require it. Starting a business requires a lot of capital, and to obtain it, many owners decide to take out a small business loan. If you do decide to take out a loan to finance your business, you need to comply with your insurance requirements. Most business lenders will require you have a full commercial insurance policy as it can provide a variety of essential protections.

Required by Law

Another reason why you may need to have commercial insurance is that it can be required by law. Similar to other states, business owners of a certain size in terms of employee count are required to carry workers’ compensation insurance. This insurance will provide valuable protection to your employees and your business. To ensure you stay in compliance, you need to make sure it is included in your commercial insurance plan.

Ultimately, there are many reasons a business in the Mishawaka, IN area should have commercial insurance. When you are looking for your next policy, you should call the team at the Kevin Dennis Insurance Agency. If you do call the Kevin Dennis Insurance Agency, you are going to receive the support that you need to choose a new policy. This will help to ensure that your business is covered, and you comply with all requirements. 

What First Time Home Buyers Must Know About Home Insurance

Taking the keys to your first home and opening the front door is one of the most energizing and validating experiences in American life. To see the value of your hard work manifest in a physical location means a lot, especially the first time it happens. 

While you revel in the experience of being a new homeowner, consider taking the time to learn about what the right home insurance can do for you. 

The easiest way to learn about home insurance is to call Kevin Dennis Insurance Agency. Your dedicated insurance agent will patiently explain homeowner insurance to you, and get you started on your homeownership journey.

Coverage

The coverage your home requires depends on several factors. 

Your home insurance should cover the cost of replacing your home. If you purchased your home using a mortgage loan, your mortgage provider might require that your coverage equal 80% of the cost to replace your home.

Deductible

Home insurance policies typically require the payment of a deductible if the policy needs to cover a loss. When purchasing a home, it’s essential to consider the amount you will be willing to pay in deductible, should you need to utilize the policy to cover damage or loss.

What is Not Covered 

Most homeowner insurance does not cover flood damage, as flood insurance is issued separately. Call Kevin Dennis Insurance Agency to learn more about what is and is not covered by a typical homeowner insurance policy. 

Your Mishawaka, IN Home

Whether your first home is a condo, a townhome, or a single-family home, your family will be delighted to organize and decorate– knowing this place will be your very own for years to come. Watch your daughter’s room change as she moves from figure skater posters to boy bands. Your wife will love selecting window treatments for the front room and choosing the perfect tile backsplash for the kitchen.

But before you get cozy in Southbend or Mishawaka, IN, contact Kevin Dennis Insurance Agency for a free home insurance quote. Make a choice to protect yourself and your family today. 

Common Mistakes Made by New Motorcycle Riders

As a new motorcycle rider, it’s only natural that you make some mistakes as you grow accustomed to your bike and learn the ins and outs of city and highway riding. Motorcycle insurance from Kevin Dennis Insurance Agency in Mishawaka, IN will provide some protection against accidents on the road. By avoiding the following mistakes you can also reduce your risk of harm.  

Not Taking Motorcycle Training

Motorcycle training can help you learn valuable riding skills and techniques that will keep you safe on the road. You’ll have a chance to practice these skills in a safe, controlled environment. You can also learn riding tips from experienced instructors that can help you be a safer, more proficient rider.

Not Investing in Protective Gear

Not investing in protective gear to save money can be a tragic mistake for new riders. Motorcycle gear like a DOT helmet, leather jacket with elbow protectors, motorcycle gloves and a solid pair of boots that provide ankle support can protect you from major injuries in the event of an accident. As an inexperienced rider, you’re more prone to having an accident, so suiting up properly is a must.

Getting a Bike that’s More Powerful than You Can Handle

As a new rider, you need a bike that maneuvers easily and is easy for you to control for city and highway riding. As you become more experienced, you can always upgrade your bike to a more powerful model. If you make the mistake of buying a bike that’s beyond your capability of controlling due to your limited riding experience, you’re more susceptible to causing an accident.  

By making wise riding decisions, you can enjoy your motorcycle to the full with a reduced risk of accidents. When you’re ready to purchase motorcycle insurance, contact Kevin Dennis Insurance Agency in Mishawaka, IN for the protection you need.

Tips for Buying Commercial Insurance in Indiana

Owning a business comes with many perks: you’re your own boss, you work your own hours, and you can take a vacation whenever you want. Freedom comes to mind when thinking about business owners and entrepreneurs. To protect your business and your freedom, it’s crucial to maintain a commercial insurance policy. To help you get started with this process, Kevin Dennis Insurance Agency in Mishawaka, IN put together these three simple tips.

1. Work with a Reputable Insurance Agent

Before diving into the world of commercial insurance, it’s best to contact a reputable insurance agent. This individual will help you choose the right policy for your business needs and find you savings. Our reliable agents work with customers through the entire process by answering questions, comparing quotes, and pointing out the small details.

2. Compare Several Insurance Quotes

Because each commercial insurance quote is different, it’s important to compare each one carefully. An agent will help you with this so that you understand each policy and what it offers.

3. Bundle Your Insurance Policies

A great way to save money on a new commercial insurance policy is to bundle it with your other policies under one insurance carrier. Your auto, life, home, recreational, and other insurance policies can all be grouped together, saving you money on your premiums. Be sure to go over this with your insurance agent.

To learn more about purchasing a commercial insurance policy in the South Bend and Mishawaka, IN areas, contact the Kevin Dennis Insurance Agency. Our friendly, reputable agents are ready to accept your call and help you get started on your way to protecting your business or company.

 

 

How to create a home inventory

Owning a home comes with plenty of work and worries. You update your home to fit your needs and you have good home insurance to protect you in the event that something bad happens. But, if something bad does happen, are you prepared to be able to tell the insurance company all the things that you had in your home before the damage occurred? When you file a claim, you need to account for your possession if you want to be able to make sure that you are able to replace everything that you had. If you live in or near South Bend or Mishawaka, IN, the Kevin Dennis Insurance Agency can help you to understand the value of a home inventory.

Why Do I Need a Home Inventory?

Creating a home inventory is going to take some time. The more detailed your inventory, the better. Begin by taking photos of every room in your home. Take a few photos of each room from different angles. Then list the items in the room one by one. The more information included the better. Brand names, models, and serial numbers should be included. If you have the sales slip for the item, even better, attach it to the inventory. 

If you have expensive items, it is wise to include an appraisal. Once you have done all the rooms, do the attic and basement. Open closets and cupboards. When everything is documented, place your papers in a safe place preferably off the premise. At the very least, place it in a water and fireproof container. 

A home inventory is one of the single most important documents that you can have when you are filing a claim for a covered hazard on your home. At Kevin Dennis Insurance Agency, we offer the residents of South Bend, Mishawaka, IN, and surrounding areas the benefit of our years of insurance experience. Give our office a call or stop by for a no-obligation quote.