Month: April 2017

Benefits of Having a Basement

Posted on by AgentInsure

When building a new home, one of the most important things you will want to consider is whether or not to build a basement. There are so many uses of a basement, which is why it is imperative to consider what you could use one for. Let’s take a quick look at why you should put a basement into the next home you build. 

Easy to heat and cool

Did you know heating and cooling a basement is much more energy and more cost-efficient than heating and cooling the other parts of your home? In fact, some people choose to build a new home in the form of a basement; this type of home is known as a basement home. The heating and cooling of this type of home tend to cost about 20 to 30 percent less than above the ground homes. 

Great way to add space

Adding a basement to your home is also advantageous because you can use it for just about any purpose. Want a space to throw darts? Shoot pool? Need space for an extra bedroom? No matter what you need the space for, you can likely use your basement. Some people even put full kitchens in their basement and rent it out as an apartment; this is a great way to earn extra income. Basements are also considered to be living square footage as long as the walls and floors are finished out; this means a basement increases the value of your home. 

To learn more about putting a basement in your home and the many advantages you will gain, contact Fuhriman Insurance Agency serving the Boise, ID area. 

Personal Factors Impacting Car Insurance Rates

Posted on by AgentInsure

Most insured drivers are unaware that their personal information impacts car insurance rates. Unfortunately, the factors play a role so it is important you about those that are important. The following is a list that details said factors:

Car Year and Model

According to the Insurance Information Institute, auto insurance premiums are partially based on the sticker price of the car, repair costs, likelihood of theft and safety record. The cost to the insurance company for fixing a new high-end sports car will be significantly more than a mid-class sedan which shows in the premium.

Credit Score

Many insurance companies utilize credit scores and an indicator toward at-risk drivers which factors into the final rate. However, this practice is under attack as numerous states have been passing regulations with regards to credit information usage as a factor in setting car insurance rates.

Driving Profile

Although this should be of no surprise, factors like your violations and accident history have a major impact on your insurance rate. In the eyes of the insurance company, the less you drive, the less risk of a claim. This can be improved by consistent, safe driving and no moving violations. Find out more about your driving profile today at Fuhriman Insurance Agency, located in Boise, ID.

Essential Personal Information

Age, gender, and occupation all factor into setting your rates as insurance companies look for patterns of claims. A teenager is more likely to have higher insurance rates than a middle-aged driver since, statistically, teenagers have more accidents than 40-year-olds. Also, your occupation plays are role if it involves a lot of time on the road. Most insurance companies see that more miles put on your car, the higher the risk. Additionally, as a whole, women have fewer accidents than men and less DWI’s. Therefore, women pay less for auto insurance than men.

Location

The location that is registered on your driver’s license can impact the cost of insurance. Urban drivers pay a higher price than those in smaller towns and cities due to higher rates of theft, vandalism, and accidents. For instance, a driver in New York City is going to pay more for insurance than a driver in Boise, ID. Check with Fuhriman Insurance Agency today to determine how much of a difference there is in rates.