Why Every Renter Needs Renters’ Insurance

When you live in a rented home, no matter what type it is, you need to have a renters’ insurance policy in place. It protects you in a number of ways, and it’s dangerous to be without it. If you need renters’ insurance, call us at Dern & Company in Milwaukee, WI.

Protecting Your Possessions

One of the main types of coverage that you get from renters’ insurance is coverage for all of your possessions that are in your rented home. If you rented without any insurance and had a disaster or an accident that caused your belongings to be seriously damaged, you would have to pay for it all yourself. If you have condo insurance, you will get help with replacing your items that were destroyed or damaged. It’s important coverage for anyone who rents.

Your Standard of Living

Another important protection that comes from renters’ insurance is protection against a significant standard of living. If your rented dwelling were to be seriously damaged, it might not be safe to live there for a while. When a rental becomes uninhabitable, your renters’ insurance will provide you with another place to live while yours is being fixed. It can even pay for certain moving and ongoing living expenses for the whole process. 

Get Protection Against Liability

You likely intend to have guests in your home from time to time. If one of them should have an accident inside your home, your renters’ insurance will cover the medical bills through its liability insurance. This is a type of coverage that can save you an enormous amount of money in the event of an accident that you are liable for. 

Get Renters’ Coverage

If you are rending your home and need it insured, contact us at Dern & Company in Milwaukee, WI. 

Is Business Insurance Required By Law?

As a business owner in Milwaukee, WI, you might be wondering whether you need business insurance. This is a question that other business owners in Wisconsin have been wondering as well. There is a feeling that staying without business insurance can help you save some money. However, it is necessary to get advice from Dern & Company, a leading insurance company in this region. 

Is Business Insurance Required by Law?

Around the country, all the states require that your organization buy the necessary business insurance. This means that you cannot operate a company without having the essential insurance policy that will help in covering some of the eventualities that are likely to face your business. Here are some other policies that fall under the category of business insurance. 

Workers’ Compensation

The law requires that your business have a workers’ compensation policy. This is an insurance cover that is specifically meant to address the medical expenses of the employees who will get injured as they handle various activities in your organization. Employees signing for workers’ compensation waive the right to sue your business for medical expenses and compensation. 

Commercial Vehicle Insurance

You also need to have an insurance policy that covers the vehicle that handles your business operations. This is a different policy from standard auto insurance. It can be much expensive than auto insurance because it helps in addressing the needs of a commercial vehicle. 

Business Property Insurance

Protecting your property and the assets inside your business premises is very important. That is why you must make sure that you have business property insurance. This is an essential policy that you cannot ignore as a business owner. 

Do You Need Business Insurance?

From the notes above, it is obvious that you must make sure that you have the necessary business insurance. Dern & Company is the leading insurance company in Milwaukee, WI. Call us today for professional services and business insurance.

Can I get a home insurance plan in Milwaukee?

The Milwaukee, WI area can be a great place to buy a home. Those that live in this area of Wisconsin will enjoy all the great amenities that are available in the area including a good local job market and plenty of activities to enjoy all over the city’s area. Along with purchasing your home, you should also get an insurance plan for it. There are a few reasons why you should get this coverage here.

Coverage Protects Your Assets

The primary reason that getting a home insurance plan when you are in the Milwaukee area is to ensure that you can protect your assets. Buying a home is a very major purchase that you will want to protect as well as you can. If you get a proper home insurance plan, you are going to get the coverage needed to repair or replace your home if it is damaged following a situation that results in a loss.

Coverage is Required

You should also get coverage for your home because it will likely be required for you to have it. Those that would like to buy a home here may finance their purchase with a mortgage. If you do, it is important to follow the lender’s insurance requirements that typically expect you to have full coverage. 

If you would like to get a home insurance plan in the Milwaukee, WI area, it would be smart to call the team with Dern & Company. There are a lot of important decisions that need to be made as you are looking for this coverage. The team with Dern & Company can help you decide what type and level of coverage is right for your situation. This can help you pick a plan that protects your home and keeps you in full compliance. 

Who Needs Commercial Insurance

As an experienced business owner in Milwaukee, WI, you must have come across the term commercial insurance. This coverage helps your business deal with possible losses of income, property damages, worker’s compensation issues, and probably advertising liabilities. 

Dern & Company has learned that many business owners in Milwaukee do not have commercial insurance, mainly because they do not know who needs it. Here are some of the individuals who need to have commercial insurance. 

Mainstream Business Owners

As a mainstream business owner in Milwaukee, it is evident that you need to have commercial insurance for your business. There are many possible risks facing your company, and you cannot ignore the possibility of some of them happening to you. By having commercial insurance, you will be ready to handle any possible risk without jeopardizing the survivability of your Company. 

Commercial Auto-Owners

If you have a truck that has been doing deliveries and long-distance shipment of goods, you need commercial auto insurance. In this case, your truck is your business, and as such, you need to protect it at any cost so that you can continue to operate despite the challenges you will be facing ahead. Commercial insurance can help in repairs, replacement of damaged trucks, and sometimes compensation for damaged goods. 

Home-Based Business Owners

Home-based business owners are incorporating any available strategy to cut operational expenses. However, operating a home-based business does not exempt you from having commercial insurance. Your company continues to face all the possible risks regardless of the official operational area. 

If you have been operating your retail outlet in Milwaukee, WI, without commercial insurance, it is obvious that you have been putting your business at risk. Contact Dern & Company for commercial insurance for your business and secure the future of your retail organization.

Does Home Insurance Protect Unattached Structures?

When you have a house in the Milwaukee, WI area, you want to take good care of it. One of the ways you can do that is through a good home insurance policy. Whether you’ve lived there for a long time or it’s a home you’ve just purchased, having it covered the right way matters. There’s no reason to settle for less than a quality policy, and you’ll want to make sure that policy is covering everything that’s on your property and important to you, as well. That includes unattached structures, which can be protected as part of your home insurance. Dern & Company can help you find a policy that meets your needs.

Most coverage for structures that aren’t attached to the home, such as sheds and barns — along with detached garages — is part of a homeowners insurance policy. The coverage limitations are often a percentage of the coverage on the home, and it’s up to you to let your agent know if there are reasons that this should be different. For example, someone who has a large barn on their property may be interested in more coverage for it than someone who has a small storage shed. Having a knowledgeable agent to work with can help you get the proper type and level of coverage.

By reaching out to us at Dern & Company, you can get the home insurance protection you need for your house and any unattached structures that are located on your Milwaukee, WI area property. That way you have good coverage, but you also have peace of mind in knowing that the level of protection on your home is the right one for everything that’s important to you. We’re here to help you choose the policy that fits your life and property.

Important Facts Regarding Renters Insurance Milwaukee Residents May Not Be Aware Of

For over 20 years, Dern & Company has helped Milwaukee, WI residents find insurance coverage. We offer our clients a wide variety of policies so that they can find the right one for their individual situation. We have successful partnerships with multiple carriers throughout Wisconsin.

Important Renters Insurance Facts

If you are staying in a rental property in Milwaukee, WI, you have to deal with the potential of an unexpected situation. Perhaps you are a victim of theft or maybe your rental property is damaged due to a natural disaster. Renters insurance will protect you regardless of the situation. While you are researching different policies, remember these important renters’ insurance facts.

The policy covers any damage to your personal items. However, if you have rare and luxurious items at your property, you’ll have to amend your policy in order to cover those items if something happens to them.

If your rental property suffers severe damage, you’ll be covered while your unit is repaired. Renters insurance will assist you as you seek temporary housing until your property is repaired. This should give you peace of mind while you deal with unique living conditions for a few months.

If you have any alterations done to your rental property, you’ll be covered if damages occur. Once you finish the project, consider having your property appraised to reflect the new value of your property.

Also, if you are sharing your rental property with a roommate, make sure that you have your own policy. Having a split policy with your roommate is not ideal, especially if a potential liability dispute occurs.

Dern & Company Will Help You Protect Your Investment

Visit our website today to learn more information about renters insurance.

Tip for getting your home ready for winter

Winters in Wisconsin can be brutal. Since winter cold weather can start quite early, getting your home ready for winter should begin a little sooner in this part of the country. Start with a walk around to see if anything jumps out at you, crumbling masonry, loose or missing shingles, and obvious gaps around windows or doors. In Milwaukee, WI, Dern & Company our 25 years of experience means we have the knowledge to help our clients find the policy they need at a price they can afford. 

Begin at the top of your home. Snuggling in front of a fire on a chilly night is part of winter but before you have your first fire of the season, you should get your chimney cleaned and checked to make sure there are not places where fire can escape and cause damage. Home fires cause great damage and chimney fires can smolder for hours and even days. 

When the leaves are falling from the trees, they also fall into your gutters. They clog the gutters and downspouts and cause water damage. They send water under the roof and rot wood and facia. It can also cause damage to your foundation. They need to be cleaned and if possible hire someone to climb the ladder. 

Caulk and weather striping are a homeowner’s best friend. Check your doors and windows for any leaks and plug them with one or the other. It makes your home airtight and saves on heating costs. 

Twice a year you should change the batteries on the carbon monoxide detector and your smoke detectors. These devices are lifesavers and especially in the winter when the house is closed up tight, carbon monoxide is a scent-free killer. 

Contact Dern & Company in Milwaukee, WI to get a free no-obligation home insurance quote. 

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!