Types of Commercial Insurance Your Business May Need

Your Small Business

Your small business runs the risk of a number of disasters, accidents, and calamities occurring. This is what makes it so vital to have multiple types of commercial insurance in place. If your business isn’t insured as well as it could be, give us a call at Dern & Company in Milwaukee, WI to talk to an insurance agent. 

Commercial Property Insurance

This insurance type covers the building that your company works out of against a number of catastrophes. Generally, they also cover important pieces of company property inside the building. Even if the area that your business works from is a home office or a garage, it’s still a good idea to have commercial property insurance in that area. 

Commercial Auto Insurance

Any vehicles that the business owns should have its own commercial auto policy. These policies can also cover vehicles that you privately own but that are used for business reasons. Most of the time, a regular auto policy won’t cover vehicles that are mostly used for business. 

Liability Insurance

Every business needs liability insurance. This covers your company should it face a lawsuit for negligence. In the event of a suit, this insurance type can cover damages if you lose as well as legal expenses and the medical expenses of people who are hurt by something your business has done. There are many different types of liability insurance, and your specific business should have the types that cover the way it does business. 

Workers’ Compensation Insurance

This kind of insurance covers the company in case of an accident, injury, or illness that occurs to employees while at work. It also covers the lost wages of the injured party should they have to miss work due to an accident or illness at work. 

Tak to an Agent

If your business doesn’t have its commercial insurance in place yet, contact us at Dern & Company in Milwaukee, WI.

Why Renters Insurance is a Must

When you have just put a deposit on an apartment, the thought of shelling out additional money for renters insurance may seem foolish; however, the extra peace of mind and security in knowing that your belongings are safe should disaster strike is well worth the nominal cost. While it may be tempting to assume that your landlord’s property or homeowner’s insurance policy will protect your belongings, the reality is that this is false as these policies only protect the home, apartment, or structure. Should your valuable belongings like clothes, appliances, electronics, computers, jewelry, and more be damaged in any number of incidents from fire to theft to natural disasters your renter’s insurance policy will help foot the bill for replacements. 

Additionally, renters insurance offers a number of additional benefits that most people don’t even think of. For instance, the majority of renters insurance policies will include a clause for additional living expenses which helps pay for the cost of staying at a hotel or Airbnb should your residence become uninhabitable due to a covered disaster. Other benefits include paying for medical benefits – up to your policy limits – for any visitors that are injured while at your place, legal fees if you are sued due to a liability incident, and any damage to your belongings that occurs while you are away from your home. 

When it comes to shopping for renters insurance, not every policy is created equal. As a result, it is always a good idea to work with a trusted source for insurance policies. At Dern & Company in Milwaukee, WI our dedicated team of insurance professionals will work by your side through the entire process of purchasing a renters insurance policy and are happy to answer all your questions. Give us a call today to schedule a no-obligation consultation. 

The Basics of Boat Insurance

You have gotten a boat and can not wait to explore the lake, ocean, and sea. And while it is exciting to fantasize taking in the sun, breeze, and other natural forms while on the water, you, as a responsible person, know that you, your family and friends, and your boat and its contents, need coverage just in case. This is why it is important to know the basics of boat insurance. 

There are variations when it comes to boat insurance in what it covers. For one, the type of boat is considered. Other considerations when it comes to boat insurance includes where you will traffic and the number of months you will travel on the boat. There are even more considerations when it comes to boat insurance. However, the following includes the basics when it comes to boat insurance: 

  • Liability Coverage

If you are at-fault by your boat and/or by your boat’s contents causing damage to other boats, property, and/or individuals, this coverage will cover the other party’s loss and injury caused by you. 

  • Physical Damage

This is coverage for your boat and its components, including anchors, motors, onboard safety equipment, extra batteries, extra fuel tanks, etc. If you have a boat trailer, it may or may not be covered.  

  • Other Types of Coverage

There may be medical coverage and other types of coverage available. 

  • Discounts

You can earn discounts by being a safe boater or if you successfully complete a safe boating course, for instance. 

To truly enjoy your boating experience, you must be at peace, and you can have that by ensuring you are properly covered with boat insurance. For more information for the state of Wisconsin, contact Dern & Company today. Located in Milwaukee, WI, they have been serving this and surrounding areas for more than 25 years now. Dern & Company are partnered with a broad range of carriers. Thus, with their experience and partnerships, they will lead you in the right direction concerning boat insurance. So, if you live in Milwaukee, WI, or a surrounding area, they are more than willing to assist you. Contact them today!

What are the benefits of a Wisconsin home insurance policy?

When you live in the Milwaukee, WI area, there are many different housing options available. Those that live in this area of the state should consider purchasing their home as it will offer a variety of long-term benefits and give you a stable and consistent place to live. If you are going to purchase a home in this area of Wisconsin, you should also make sure that you properly insure it. There are several benefits that come when you get home insurance.

Covers Assets

One of the main benefits that come when you get a quality home insurance policy is that it can cover your assets. Anyone that purchases a home in Milwaukee will want to make sure that their investment in the property is protected. A full home insurance policy can offer you protection for the dwelling as well as any of your personal belongings. 

Gives Liability Protection

You should also offer a home insurance policy because it will give you valuable liability protection. Anyone that wants to own property will take on risk if they have a guest in their home. Since you could be found liable for a guest’s injuries, you will want to ensure that you are properly covered by insurance. A home insurance policy will give you the coverage you need. 

There are a lot of advantages that come when you get proper insurance for your Milwaukee, WI area property. When you are shopping for insurance here, you should call the team at Dern & Company. The insurance professionals at Dern & Company can help you to pick a policy that will properly protect your home and offer liability protection. This will ensure you continue to receive the coverage and protection that you need. 

Importance of Disaster Prep for Your Small Business

Disaster prep is just as important to a small business as it is for large corporations. If you own a small business in Milwaukee, WI, it’s your responsibility to develop a plan for handling emergency situations that may arise. Purchasing commercial insurance from Dern & Company is a good start to protect your business assets against catastrophes. Here are a few other reasons why disaster prep is so important to your company.

Protects Your Employees

A disaster preparedness plan can protect your employees in the event of a disaster. Your plan should include a means of warning your employees of impending dangers and secure routes of evacuation to enable them to escape quickly and safely. An effective emergency plan can help prevent injuries or even death of your employees.   

Supports Business Continuity

Preparing your business for disasters can help prevent shutdowns and delays in business operations. Your supervisors and employees will know what to do to keep the business going after a disaster. This may include working from home or opening a new business site in Milwaukee WI where you can communicate with your clients and business partners and carry on.

Facilitates Recovery

Disaster prep can help facilitate your recovery from a disaster. Your commercial property insurance will help cover disaster repairs to your business location or replacement of business equipment and inventory that are essential to business operations. Having business interruption coverage is a plus as you’ll be compensated for lost revenue and other business expenses if your company has to close for disaster repairs. The right commercial insurance coverage will expedite your recovery by providing valuable financial resources to get your business up and running again after a disaster.

To purchase commercial insurance protection for your small business in Milwaukee, WI, contact Dern & Company today.

Some Unique Benefits Of Purchasing Renters Insurance That Wisconsin Renters May Be Unaware Of

Dern & Company serves the Milwaukee, WI community and the surrounding areas through ensuring that people receive the coverage and policies that they are looking for. We help our clients find unique policies that suit their individual needs.

Renters Insurance

Renters insurance is important because it covers you in the event that your property is damaged due to vandalism, natural disasters, or other circumstances. While you are researching different policies, here are some unique benefits of renters insurance that you may not be aware of.

You Are Covered If The Property Needs To Be Repaired

The coverage in your policy will make sure that you’ll be able to stay somewhere else until your rental property is fully repaired. That takes a heavy burden off of your shoulders because you do not have to worry about finding a place to stay.

Liability Coverage

If someone gets injured while visiting your property, the liability coverage in your rental insurance policy covers you. If you have a pet, in the event that your pet bites someone, you’ll also be covered.

Your Belongings Are Protected

While you are away from your rental property staying somewhere else, you are still covered if someone steals your belongings. Likewise, if you are borrowing an item and it gets stolen, you are protected.

Children Are Covered

If you are a parent, you can breathe easier knowing that you are covered if your child accidentally damages the property.

Consult With Dern & Company

Providing excellent customer service is one of our top priorities. We will sit down with you and figure out which renters insurance policy is best for you. Contact us and find out how we have been able to assist people in the Milwaukee, WI community for over 20 years.

When Does Boat Insurance Protect You?

When you own a boat it is always highly recommended to take out boat insurance. Unlike auto insurance, boat insurance is not something you specifically are mandated to have, nor is there set minimums you need to meet in order to operate a boat. However, you shouldn’t leave your boat up to chance. You never know when an accident might happen. And while even if you are protective of your boat while out on the water, some elements are completely out of your hands. If you live around greater Milwaukee, WI, and own a boat, let our staff at Dern & Company help you find boat insurance that properly protects your watercraft. 

While on the Water

Naturally, boat insurance will protect you while on the water. This includes not only damage sustained from striking other watercraft, but from objects that might be submerged, or from hitting the dock too hard. 

Out of the Water

Your boat is more likely to be damaged while in transit than while in the water, so you’ll want to protect the boat while you’re traveling. Boat insurance does this. Additionally, it is available for when you’re boat is in storage during the off-season. You never know when an accident might happen. 

Help Finding The Right Watercraft Insurance

There is no shortage of boat insurance options. You just need to identify the insurance that best protects your boat, both while it is on land and while it is in the water. Our staff here at Dern & Company thrives on connecting boat owners with watercraft insurance. So, if you want to make sure your boat is properly protected and you live around metro Milwaukee, WI, our staff here is ready and waiting to help you out. Give us a call today. 

Why Is The Roof So Important To Home Insurance?

We don’t need to tell someone from Milwaukee, WI how important the roof is, do we? That’s your first line of defense against harsh weather, it’s what’s going to keep the heat in and the snow out during the winter. To an insurance company like Dern & Company, it may be the very most important part of your home.

All other things being equal, a home with a roof that’s past its prime is going to cost more to insure than a home with a new roof, if it can be insured at all. Many insurers won’t touch home with a roof more than twenty years old. 

Building material is important too. Cedar roofs, for instance, are more likely to catch fire than many other types of roofs. Natural materials, in general, can have a harsh effect on the life expectancy of a roof, being more likely to rot and mold should moisture be trapped underneath after a rainy summer.

A well-maintained, quality roof can also be indicative of how well a homeowner takes care of their house. A roof that is missing some shingles and has a few unpatched leaks may be seen to signify a homeowner who has a "When I get around to it" attitude about other things, like leaky pipes and cracked windows. A quality roof suggests a homeowner who treasures and cares for their domicile.

If you’re looking for a home insurance company to protect you and your home in Milwaukee, WI, get in touch with Dern & Company by phone or online. They’ll help you to get set up with a home insurance policy that you can count on.

Everything You Need to Know About Commercial Insurance Coverage Options in Wisconsin

Starting your own business, large or small, is risky to the say the least and you will want to protect the investment of time and money you put into your Wisconsin-based business through obtaining the proper insurance policy. Commercial insurance is one way to guarantee that your business is protecting but what is and what does it cover?

What Is Commercial Insurance?

Commercial insurance is designed to provide coverage for businesses and corporations, including each business’s property, employees, and products. It covers anything that can threaten the success of a business. Most of the time, owners of businesses and corporations can work with their insurance agents to create the best insurance policy for their situation based on their needs and preferences.

Commercial Insurance Coverage Options

Property insurance is an important option for commercial insurance. It will cover losses caused by weather-related disasters from hail, windstorms, fires, and lightning along with vandalism, theft, and civil disturbance like a riot or other commotion. This type of insurance also can cover supplies, appliances, office equipment, and machinery that is needed for the business to function after a disaster or other incident occurs. Business interruption insurance can also be added to your policy which will cover employee salaries and other things that must continue even if your business burned down or was otherwise destroyed. It will cover your net profits before the incident occurred.

Liability insurance is incredibly important for a business owner since it covers injuries that may occur to people while on your property or while using a product you produce and/or sell. From bodily and personal injury to damage to someone else’s property or injuries to someone through your company’s advertising, this is an important policy to have to ensure the protection and sustainability of your business.

Commercial insurance is imperative in keeping you and your business protected in Milwaukee, WI. Call an experienced and knowledgeable insurance agent at Dern & Company today to assist you in creating the best commercial business policy for your company.

Neighbor Slipped On Your Icy Driveway? What to Know About Milwaukee, WI Home Insurance

In Milwaukee, WI, snow and ice are a natural part of life. In fact, the inevitability of snow is so understood that there are several key ordinances on the city’s books when it comes to how residents should approach snow and ice that gathers on the sidewalks and hydrants in front of their home. To understand the answer to whether a Dern & Company home insurance policy will reimburse your neighbor if they slip and fall on your property, it’s first important to understand these ordinances.

Keeping Your Property Snow-free

Milwaukee Wi ordinances dictate that all homeowners must clear the sidewalks abutting their property, including any corner crosswalk areas, of snow and ice within 24 hours of when snow stopped falling. Getting caught with a driveway full of snow and ice can result in fins.

But it can also go much further than fines! When it comes to injuries to others like slip and fall injuries, your home insurance policy will likely be separated into two types of injury coverage:

  • Medical pay coverage which will cover all medical bills up to a certain limit but no extraneous costs like pain and suffering and
  • Liability coverage which protects you from a lawsuit that might arise from the injury.

Most policies will pay for guests’ direct medical payments (up to coverage limits) in any type of slip and fall accident. But in order to be approved for liability coverage, you must have shown that you did everything reasonably you could to protect others from injury on your property. In terms of slipping on snow and ice, you must have followed the ordinance and cleared driveway, sidewalks, and other pavement within 24 hours.

Contact Dern & Company to Learn More

To update your home insurance policy, contact our team today.