Choosing Home Insurance on More Than Just Cost

A critical mistake that many new homeowners make in Mishawaka, IN and the South Bend area is choosing homeowners insurance simply based on the cost of a policy alone and nothing else. However, the same policy will be expected to be available and relied on for anywhere from the next 5 to 30 years or as long as you live in the home. So, would it not make sense to do a bit of research on a policy to make sure it will be there if needed some 15 years down the line? Few people actually take the time to do so.

Taking the Time to do the Research

Researching what is needed from a good homeowners insurance policy is not hard, especially not with the help of Kevin Dennis Insurance Agency in Mishawaka, IN. First off, learn to disregard the cost factor alone. It can be a misleading element that gives you a policy that is no good when it matters because the underlying company is questionable. Second, you want the help of an insurance expert who can objectively look at the market, educate you on the various elements of a homeowners insurance policy that matters, and can find you real-time viable alternatives to choose from.

The Kevin Dennis Insurance Agency has done this service for dozens and dozens of customers. Vetting various insurance policies on the market and breaking them down for what really matters for customers. The homeowner’s insurance policy that a young family needs with a new dog is going to have a very different criterion set than that of a retired couple. And a homeowner running a small business out of a home office will need extra protections beyond what a private residential policy typically provides. The staff at Kevin Dennis Insurance Agency has seen, worked with, and regularly solved these challenges for customers. Let us give you a hand and pick the right coverage for your home. Reach out to us for a quote or try our online rating tool.

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.

What You Need to meet Proof of Motorcycle Insurance in Mishawaka, IN from Kevin Dennis Insurance Agency

When you’re riding your bike down a stretch of open highway, you want the peace of mind that comes with great insurance coverage. Also, motorcycle drivers in Mishawaka, IN need an insurance policy to prove financial responsibility in case of an accident involving damage or personal injury. In fact, Indiana requires all drivers to have certain coverage to pay for damages caused by uninsured and underinsured drivers. Kevin Dennis Insurance Agency is there for you and our agents can answer your questions on motorcycle insurance and establish financial responsibility.

Ways to Establish Financial Responsibility

You can prove that you can pay for potential liability on your motorcycle by buying liability insurance from a licensed insurance company. Liability coverage is just one way to show financial responsibility. You can also prove it by placing a deposit with Indiana’s state treasurer, establishing a trust fund or obtaining a bond issued through a surety company. These options all involve tying up resources unnecessarily. The easiest and ultimately most affordable way to prove that you can cover property damage and personal injury in a motorcycle accident is by obtaining motorcycle insurance.

Types of Coverage to Consider in Regard to Meeting Financial Responsibility

Ultimately, what’s included in your policy is an individual choice. If you ride your bike long distances for work or recreation, you may need more than just liability, comprehensive and collision coverage. Additional options include total loss coverage, medical payments coverage, and uninsured motorist coverage. You can also consider roadside assistance, towing and labor coverage.

Contact Us

Feel free to contact your Kevin Dennis Insurance agent for the best coverage options needed to meet your financial responsibility requirements in Mishawaka, IN. Set up an appointment today for a quote on liability and other coverage that you need to protect your motorcycle and yourself.

Does Motorcycle Insurance Cover Accessories?

There are many different types of motorcycles. From high-performance bikes to vintage bikes, regardless of the type that you have invested in, you will want to make sure you invest in the right type of insurance coverage too. In addition to protecting your bike with insurance coverage, you may be wondering if it is possible to protect your motorcycle accessories. Let’s take a quick look at the answer to this question.

Can my motorcycle accessories be covered by motorcycle insurance?

Yes, the accessories that you have added to your motorcycle can be protected with insurance coverage. However, you will need to let your insurance agent know that you have added these accessories to your bike and that you want to make sure they are protected under your insurance policy. There is a good chance that your insurance coverage will increase as a result, but it probably won’t be by much. Your standard policy likely does not provide accessory coverage, but for a small increase in your monthly premium, accessory coverage can be added. Do remember, though, that the more expensive the accessories, the bigger the increase in your monthly premium rate will likely be.

What are the different types of accessories that are covered?

The exact accessories that will be covered under your policy will depend on the exact policy that you invest in. Most times, however, you can have anything from sidecars to custom paint jobs insured under an accessory policy. You will want to speak with your insurance agent to let them know the accessories you have added the value that you want to insure them at.

To learn more about accessory motorcycle insurance coverage, please contact Kevin Dennis Insurance Agency serving the Mishawaka, IN area.

Top claims made under home insurance policies in Indiana

As a homeowner it is not only essential to carry a homeowners insurance policy it is important to make sure you have adequate coverage for the claims that are most likely to occur in the area in which you live. Below we have put together a list of the most filed claims in the Mishawaka, IN area. If you are unsure if you are adequately insured for these types of losses a specialist at Kevin Dennis Insurance Agency will be happy to review your current policy.

In Indiana, the most common claim made under homeowners policies are losses caused by wind and hail. It is impossible to control the weather, but there are things you can do to lessen the damage caused by wind and hail in addition to making sure you have adequate insurance coverage. Make sure to park your car in a protected area in the event of a hail storm. If strong winds are expected put away patio furniture that could be blown around and damage your home.

The second most common claim filed in Indiana is the result of water damage. Water damage is often caused by melting snow or ice or the result of freezing pipes. If there is a significant snowstorm, be sure to have your roof cleared of snow to prevent damage to the roof. In the winter make sure your outside hose bibs are turned off, and your pipes are properly insulated to avoid pipes freezing and bursting. It is important to keep in mind that water damage caused by flooding may not be automatically covered under your policy. If you have concerns about flooding in your area, you should consider purchasing flood insurance.

If you are interested learning more about homeowners insurance and whether or not your policy offer adequate protection, please reach out to an insurance specialty at Kevin Dennis Insurance agency. We proudly serve the Mishawaka, IN area.

Motorcycle Insurance Coverage Options

Whether you own a single motorcycle or a fleet of them, whether you use them occasionally or every day, you must have an insurance coverage for them. Motorcycle insurance protects you against financial losses emanating from unforeseen circumstances such as accidents, theft, loss or damage. Again, it’s against the law to ride a motorcycle on Indiana roads without insurance. The premium you’ll pay towards an insurance policy depends on factors such as riding history, type of motorcycle, security levels of where you store your bike, usage, etc. There are many different motorcycle coverage options offered by Kevin Dennis Insurance Agency in Mishawaka, IN. They include:

Comprehensive Coverage

Covers damages caused to your motorcycle that are not due to a collision. This includes damages due to falling objects, vandalism, floods, fire, storms, and wind. You are covered for all repairs as long as they don’t exceed the actual cash value of the motorcycle.

Collision Coverage

This covers physical damages due to a collision. When your motorcycle hits or is hit by another motorcycle, object, or vehicle.

Liability Coverage

Liability coverage covers bodily injuries and property damages caused when you are at fault in an accident. Bodily injury liability covers expenses towards an injured person by paying for medical expenses, lost wages or death.  Property damage liability covers damages towards someone’s property.

Uninsured or Underinsured Coverage

Uninsured or underinsured coverage covers your injuries and those of your passengers if you get into a no-fault accident with a driver who doesn’t have liability insurance or insufficient insurance.  This coverage will also protect you against hit-and-run accidents.

These coverage options vary from one state to another. In Mishawaka, IN, finding an expert agent in motorcycle insurance will help you understand the different coverage options and how well they will work for you. At Kevin Dennis Insurance Agency, we strive to help you with all your motorcycle insurance needs. Contact us today for more information about our products and services, or if you need a quote.

How Often Should You Have Your Commercial Insurance Policy Reviewed?

Business owners in Mishawaka, IN need to have their commercial policies reviewed occasionally to make sure they have the coverage they need to protect themselves from financial loss. The agents of Kevin Dennis Insurance Agency can review your policy and identify areas where more insurance is needed. In some cases, they may be able to create an umbrella policy that will offer additional benefits at an affordable cost.

How Often Should You Review Your Policy?

While there is no normal statute as to when a policy needs to be renewed, the rule of thumb is two to three years. One reason for this is that guidelines change as to how much insurance is required for certain things, like liability and Workers Compensation. Having your commercial policy reviewed every few years will ensure that you remain in compliance with these guidelines.

What Happens If My Business Changes?

Another reason to have your policy reviewed on a regular basis is growth or expansion. If your business continues to grow each year, you will eventually outgrow your current policy making you at risk for financial loss if something happens that suddenly affects production. It’s important to maintain sufficient coverage, even during periods of continued growth.

The agents at Kevin Dennis Insurance Agency can evaluate your current policy and let you know if changes need to be made. If you live in or near Mishawaka, IN, call and set up an appointment to have your policy reviewed. The agents can help you find the right policy for your business and make sure you continue to have sufficient financial security.

When Does my Business Require a Commercial Insurance Policy?

Commercial insurance is an important protection for a business and its assets. This is especially true for small businesses, who may be susceptible to losing their entire business over authentic- and frivolous lawsuits or claims. In Indiana, commercial insurance is not required by law, but having insurance is encouraged to be proactive in protecting your business.

Indiana is a modified comparative negligence fault state. What does this mean? It means that even if the blame for an accident is fully shared, your business can still be sued- and deemed liable- for damages for up to 2 years after an accident. Kevin Dennis Insurance Agency serving Mishawaka, IN understands the importance of commercial insurance policies and how to educate- and protect- its consumers. Agents are here to help.

Having an affective commercial insurance policy in place is the only way to assure that your business is not at risk for claims that could damage your business professionally, as well as financially. Living in a digital media era, it is easy and fast for a customer to complain via social media and start a potential lawsuit just through word of mouth. Are you prepared to combat this?

A good commercial insurance policy will usually include: workers compensation insurance, lawsuits, attorney fees, business and commercial automobiles, disability for employees, theft, fire and various other natural disasters, business losses and claims. Having a knowledgeable and experienced agent on your side to guide you through securing the right policy for your company will be the edge you need to be competitive and smart in picking your policy. If you are in the Mishawaka, IN area and think you may be in need of a commercial insurance policy for your business, contact the Kevin Dennis Insurance Agency today.