How does commercial insurance help a business?

Owning a business in the Mishawaka, IN area can be a great option for anyone that wants to be their own boss. When you do own a business in this area, there are a lot of risks that you will be taking on. Fortunately, having commercial insurance in place could help you to mitigate against a lot of these risks. There are a variety of ways that a commercial insurance policy can help a business.

Protects Against Liability

One way that a commercial insurance policy can help a business is by providing protection against liability. All businesses and business owners end up taking out a lot of liability potentials whenever their product or service is sold. If someone is hurt or becomes sick as a result of it, you could end up facing a large liability lawsuit. When you have a commercial insurance policy in place, you will receive protection against this risk.

Protects Assets

A business owner will need to invest a lot of money in business assets. This can include investments in inventory, equipment, and even real estate. If these assets were stolen or damaged, it could be very bad for business. When you get a commercial insurance policy, you can get protection on these assets. This could prove to be very valuable in the event your business loses a valuable asset of any kind.

For those that have a business in the Mishawaka, IN, speaking to a professional about your commercial insurance needs is very important. One company that could provide you with great insurance advice is the Kevin Dennis Insurance Agency. The professionals at the Kevin Dennis Insurance Agency know all of the risks that a business takes on and can help you to mitigate these risks with insurance.

What is a partial helmet law?

Motorcycles are everywhere. More and more residents who live in the Mishawaka, IN area are jumping on the bandwagon to enjoy some wind therapy. The agents at Kevin Dennis Insurance Agency encourage all of the clients who own or ride motorcycles always to wear a DOT-approved helmet. Helmets are designed to prevent head injuries and are proven to save lives.

What Is a Partial Helmet Law?

Indiana has a partial helmet law in place. This means that even though everyone is encouraged to wear a helmet while they are riding, only select groups are required to. In the state of Indiana, riders who are under the age of 17 are required to wear a DOT-approved motorcycle helmet at all times while riding. This includes dirt bikes and other low-power bikes like mopeds. 

Why Helmets Are So Important

Since the early ’70s, studies have been used to prove that wearing a motorcycle helmet reduces the risk of injury and death if an accident occurs. While there are still some states like Illinois and Iowa, that have no helmet law in place, other states have chosen to enact some form of law governing their use. Indiana is one of 28 states that have what is known as a partial helmet law.

The agents at Kevin Dennis Insurance Agency can provide motorcycle owners who live in or near Mishawaka, IN all of the information they need to know concerning helmet laws in the state of Indiana. They can provide statistics on how helmets save lives as well as the benefits of consistently wearing your helmet when you are out riding. Call and schedule your appointment at your earliest convenience and get your motorcycle policy reviewed by one of our professionals.

 

How does commercial insurance work?

First of all, you should know there are numerous types of commercial insurance. Some include the following: Commercial property insurance, commercial auto insurance, commercial asset insurance, commercial service insurance, commercial liability or risk insurance, general or business commercial insurance, commercial renter’s insurance, commercial law insurance, commercial crime insurance, commercial E & O insurance, commercial malpractice insurance, commercial workers’ comp, insurance, and more. We hope this has at least given you a broader perspective into the many sections, and even subsections, that commercial insurance can branch off into and it can get a little complicated the further you get into a matter. Let’s start by taking a look at a few of these mentioned.

For example, let’s take "commercial debris removal insurance," something many people today purchase. It falls under commercial services insurance and helps the insured to cover any costs that may associate themselves with removing all debris needed in a particular area. Let’s say a major wind storm, flood, hail storm, or fire just occurred leaving your building damaged or gone. Now, before starting to rebuild, it’s needed that you properly get all debris removed, in order to comply with legal building ordinances. And to further add, the regular commercial property insurance you currently hold is probably effective in terms of covering your major rebuilding costs, but definitely not when it comes to debris removal.

Another example is commercial E & O insurance. Let’s say you or a team member of your organization inadvertently harms a third party. And on a larger scale, this type of coverage excels commercially. Think "corporate."

There is a great commercial insurance provider in Mishawaka, IN. They go by the name of Kevin Dennis Insurance Agency. Check us out today. It just might help with your current insurance needs.

3 Questions To Ask Before Buying Motorcycle Insurance

Are you planning on owning a motorcycle soon?

If so, you’re probably shopping around for motorcycle insurance in Mishawaka, IN, and wondering what your coverage might entail. Before you purchase a policy, here are three questions you should know the answers to. These answers aren’t specific to any Kevin Dennis Insurance Agency policy, in particular, so you can apply them to whichever type of coverage works best for you.

1. What Is the Minimum Liability Coverage I Need?

In the state of Indiana, the following minimum liability is required in order to register your bike with the Department of Motor Vehicles. The absolute minimum coverage you can legally ride with is:

  • 10 thousand dollars to cover property damage
  • 25 thousand dollars to cover bodily injury for one person per accident
  • 50 thousand dollars for bodily harm per accident for multiple people.

The state of Indiana also requires you to carry liability coverage for uninsured and underinsured persons, in case you are injured in an accident by someone who has insufficient coverage.

2. Does My Insurance Coverage Change Based On Whether I Wear A Helmet While Riding My Motorcycle?

In Mishawaka, IN, you can legally ride your motorcycle with or without a helmet as long as you are 18 years or older. That is the state law regarding helmets.

However, this does not necessarily apply to private insurance policy requirements. For instance, your insurer might require you to wear a helmet in order for your coverage to be in effect. You should ask your insurance agent whether no helmet at the time of an accident means that your coverage is void.

3. Do I Need Motorcycle Insurance To Ride My Motorcycle in the state of Indiana?

In order to register and ride your bike in Indiana, you have to show proof of motorcycle insurance at the state’s Department Of Motor vehicles. If you don’t have adequate coverage and therefore cannot register your bike, you are not legally allowed to ride it.

Are you ready to insure your motorcycle? Contact a friendly agent at the Kevin Dennis Insurance Agency to explore your options. We’re standing by to help you today.

Insuring Your Commercial Fleet

Indiana state law requires that company vehicles from small cars to 18 wheelers carry, at the very least, a minimum amount of liability insurance. Company vehicles which carry passengers or haul a significant amount of weight may require a much higher limit of liability then personal vehicles. Most Commercial Fleet Insurance policies cover “named drivers” only. Kevin Dennis Insurance Agency in Mishawaka, IN serves businesses throughout Indiana and has extensive experience insuring commercial vehicles. We will develop a personalized commercial fleet insurance plan to ensure the protection of your company’s assets in case of a significant motor vehicle accident involving one of your company’s vehicles.

Indiana Commercial Vehicle Minimum Liability Coverage

Indiana state law requires a minimum liability coverage amount of 25/50/25 for all drivers. This translates to coverage of $50,000 for bodily injury for all persons injured or killed in an accident if multiple persons are injured, $25,000 coverage for bodily injury if one person is injured and $25,000 coverage for property damage.

Optional commercial Vehicle Coverage

Some optional coverages include comprehensive coverage, medical payments coverage, and collision coverage:

  • Comprehensive coverage covers damage to your vehicle other than from a car accident. This pays for repairs or replacement of the vehicle and includes theft, damage from vandalism and fire damage
  • Medical Payments coverage covers accident-related medical or funeral costs of any covered driver or passenger without taking fault into consideration
  • Collision coverage covers costs to repair your vehicle when involved in a collision

Call or Contact us Online Today for a Free Commercial Fleet Insurance Quote

Call today at 574-254-7070 or contact us at https://www.bettercoverages.com for a free commercial fleet insurance quote. Kevin Dennis Insurance Agency, serving clients throughout Indiana, stands ready to work with you to provide affordable and comprehensive commercial vehicle coverage. 

Choosing a Motorcycle Coverage That Offers Protection When You Need Medical Attention

Just like vehicles and motorcycle auto coverage in Mishawaka, IN comes in different packages that range from the very basic to full protection known as a comprehensive policy. For anyone who has driven for a long time knows, the question of a crash isn’t an "if," situation, it’s a "when." However, until the accident occurs, many riders only see the cost in a policy and typically lean towards less expensive choices that usually only provide liability protection. Or maybe they choose a step up with a policy that has a bit more property protection. Either way, none of these base coverage packages do more than provide the minimum in medical coverage for the driver or those involved, and that can be a real problem.

Unlike someone who is driving a car, a motorcycle rider is entirely exposed. So even if the accident is not the fault of the rider, he or she can easily be put into intensive care by the simple nature of the impact physics involved and a lack of body protection. And that can turn into some costly medical bills after the fact, both for immediate treatment as well as rehabilitative care after the fact. This is why every motorcycle rider who has the option should always look at the medical portion of coverage first before settling on anything else in a motorcycle policy.

Kevin Dennis Insurance Agency has worked with motorcycle riders for years, helping them find the right protection that focuses on getting them back on the road and healthy in Mishawaka, IN. You use a helmet to protect your brain when riding; use a good policy to protect everything else. Kevin Dennis Insurance Agency can help today. Give us a call.

 

Do I Need a Commercial Policy for Every Vehicle?

Business owners face a lot of challenges, and operating in Mishawaka, IN does not spare you from any of them. A unique set of challenges arise for any business that owns and operates motor vehicles. Issues of specialized commercial insurance can be convoluted, especially if you own multiple vehicles. To make things easier, Kevin Dennis Insurance Agency is here to make things clear for one of the most confusing components of commercial insurance: multiple policies. If you aren’t sure how many or what kind of policies you might need, you’re in the right place.

Operating a Fleet

Coverage will always vary from policy to policy, but many insurers offer fleet options. When you go this route, you can have a consolidated policy that covers every vehicle in your fleet. Whether you want to think of it as one policy or multiple is up to you. This is the typical route taken by businesses that use multiple vehicles with multiple drivers, but it is not the only situation that exists.

Unique Vehicles

Some businesses have specialty vehicles that may require specialized licensing to operate. If you employ such vehicles alongside traditional cars or trucks, you might find your situation is a bit more complicated. Again, things vary by policy, but many insurers will separate the specialty vehicles from the more standard ones. This could require you to have multiple policies to insure all of your assets.

Whatever the particulars of your Mishawaka, IN, business happen to be, you’ll find that a conversation with your Kevin Dennis Insurance Agency representative is usually the best first step. We can help you understand the peculiarities that often arise with commercial insurance and help you find a policy package that best fits your needs.

Should I Get Collision and Comprehensive Coverage for My Motorcycle?

Riding a motorcycle can be a very exhilarating experience and a fun way to enjoy a commute. While they are a lot of fun to drive, a motorcycle is also an asset that needs to have proper insurance. In the state of Indiana, all drivers are required to carry liability insurance on their motorcycle. However, while collision and comprehensive insurance coverage are not required, there are several situations in which having this type of coverage would be beneficial.

Loan or Lease

If you have a loan or lease on your motorcycle, having collision and comprehensive coverage is likely a requirement. Since collision and comprehensive coverage will provide you with coverage in the event you are in an accident, or if the bike is stolen or damaged, the lender will likely need you to maintain this type of coverage until the loan is paid off.

Replacement Cost

Another factor to consider when deciding whether or not to get collision and comprehensive is the replacement cost of the motorcycle. A motorcycle’s value and price can range significantly from one bike to the next. If your motorcycle is valuable and would be too expensive for you to replace, then getting collision and comprehensive coverage is a necessity.

Risk Factors

Finally, those in the Mishawaka, IN area need to consider their specific risk factors. If you live in an area that is prone to vandalism or theft, having additional insurance coverage would be beneficial. A full collision and comprehensive policy will help to address these additional risks that occur in your area.

For those that are in the Mishawaka, IN area, meeting with Kevin Dennis Insurance Agency to discuss your insurance needs can be very beneficial. Kevin Dennis Insurance Agency will be able to help educate you on the topic of motorcycle insurance and get you started with a policy. Reach out to our agents to get a quote.

Business Interruption Coverage and Its Importance With Commercial Insurance

It is essential for every business to stay open, allowing customers to flow in to buy products and services.  What happens, though, when you are unable to operate your business as expected?  It could be due to a severe weather event, major construction, or some other reason that could force your business to close.  Serving the Mishawaka, IN area, business interruption insurance is often a topic among Kevin Dennis Insurance Agency clients.

Understanding the Coverage

Business interruption insurance is also known as business income insurance.  It is a type of insurance that will cover you for the loss of income to your business following a significant event.

The coverage will protect you if you are losing income as a result of forced, involuntary closure.  It could also help you beyond just closing if you have to rebuild the business following a disaster.

Common Coverages

The coverages typically included with business interruption insurance are net income you would have earned, as well as coverage for regular operating expenses, cost to minimize the loss, as well as extra expenses as you restore the business.

Loss of Income is Crucial

Small businesses need income to continue to flow in the day-to-day.  Once the income stops coming in, it can be challenging to keep the lights on.  The value of paying an added premium for business interruption coverage is that if closure happens, the income will be replaced.  The cash flow will continue so that the business doesn’t have to miss a beat.

Business interruption insurance should be a consideration for all businesses.  If your company is forced to close its doors, the coverage will help to replace the income you have lost as a result.  Serving the Mishawaka, IN area, the Kevin Dennis Insurance Agency can help educate on business interruption insurance and its value.

Empty Nest Syndrome – Impact to Car Insurance?

Kids grow up fast and even though as teenagers they can be a primary reason that auto insurance goes up in Mishawaka, IN, eventually they move out of the house. And that can mean big savings on a car insurance when the kids are officially on their own and living elsewhere. An auto insurance policy typically has to be crafted with all the real risks in mind for a car covered. And that includes all the legal drivers in a household, not just the driver stated on the insurance policy as the premium payer. It’s a well-known fact that teens have a higher probability of accidents with far less experience on the road, so coverage for a car in a family home is going to go up to compensate for this risk being possible on a covered car. The only way to avoid it, quite frankly, is to specifically agree that a teen cannot drive the car at all, and that’s not realistic in most family homes.

To get a good idea how much the cost of an auto policy can change once the kids have moved out, the Kevin Dennis Insurance Agency staff are available to provide quotes from various providers. They can run a comparison with the current market, detailing just how much of a difference a policy can change by with a rewrite. So if you’re a Mishawaka, IN driver whose just about to see the kids off to college and empty out the house, give Kevin Dennis Insurance Agency a call. You’ll be amazed at what a quick analysis is likely to find in terms of market options available for auto coverage.