Author: AgentInsure

Why You Need Renter’s Insurance

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Many renters in Boise, ID like not being tied down to a particular place. They are not responsible for a mortgage, taxes, home repairs, and home maintenance costs because the homeowner pays for all of that. However, one expense that renters should never forget is renter’s insurance. Every renter should purchase renter’s insurance from Fuhriman Insurance Agency.

Homeowner’s Insurance Won’t Cover Everything

Suppose something goes wrong at your rental unit. Maybe there’s a fire or a bad storm. What happens if the home is a total loss? The landlord, with his insurance, can pay to repair the house or apartment. His insurance will repair damages and replace appliances that were destroyed. However, his insurance will not cover the loss of your possessions. Everything that you have in the home, your furniture, your jewelry, or your electronics, will not be replaced by the homeowner’s insurance. Only the structure itself is covered by the landlord’s insurance policy.

Burglary or Vandalism

If you have a break-in, the homeowner’s insurance policy will only cover the repairs needed to the home. So broken glass, splintered doors, or vandalized walls will be repaired. But, this insurance policy will not cover the loss of your possessions in the event of a burglary. All of the money that you have invested in your possessions could be lost if you do not have renter’s insurance. You will have to pay out of your own bank account to replace these objects.

Loss of Use Coverage

If the home is damaged to the point that you cannot live in it until repairs are made, what will you do for a place to live? Some renter’s insurance policies will provide "loss of use" coverage to provide you a place to stay until your rental unit is available, keeping you from having to scramble to find a place to live for several weeks. 

If you have questions about rental insurance in the Boise, ID area, contact Fuhriman Insurance Agency today.

What is Umbrella Insurance?

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You may have heard of umbrella insurance policies, but not really understand how they work. However, not everyone in Boise, ID needs an umbrella insurance policy. To determine if an umbrella policy is right for you, read these insights from Fuhriman Insurance Agency.

Extra Insurance Coverage

An umbrella insurance policy provides additional liability coverage beyond the typical limits of a homeowner’s policy or other type of policy. So, for instance, if you have an insurance policy for your boat or automobile, an umbrella policy will give you extra coverage if you were sued due to an injury involving your watercraft or car. This means that you will have a higher dollar limit to protect you in a lawsuit, beyond that which the original policy covers. For instance, if you have an accident that is your fault and the auto damages are $40,000 and the other driver’s medical expenses total more than $400,000, your typical auto insurance policy may not cover these expenses, and you may have to personally pay for the other driver’s costs. If you have an umbrella policy, your expenses could be covered. In some instances, umbrella policies may cover things like libel, slander, vandalism or invasion of privacy.

Who Needs Umbrella Insurance?

Umbrella policies may be a good idea for everyone, but they make especially more sense for certain people. People who are obviously wealthy or live in the public eye may be particularly at risk for lawsuits. Also, people who coach children’s sports, volunteer, or participate frequently in sports where someone could be hurt may likewise run a higher risk of being sued. Those who own items that have some sort of risk involved in their use (pools, trampolines, watercraft) may want an umbrella policy. Additionally, people who express controversial views online, on the radio, or on television may find an umbrella policy useful to protect themselves against lawsuits. 

If you are considering an umbrella policy in Boise, ID, you can contact Fuhriman Insurance Agency with all of your questions. 

Why does my small business need commercial insurance

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As a small business owner in Boise, ID, there are many things that may be on your mind. Whether or not you need commercial insurance may be one of the things you have been thinking about. At the Fuhriman Insurance Agency, we are always available to give you any advice that you may need before making such an important decision. Every business is unique and has its own set of needs. 

Your small business needs commercial insurance because things happen. Not all things that happen are good. Some of them can really impact your ability to do business. Things like a fire or a severe wind storm can damage the building where your business is located. If you don’t have commercial insurance how will you be able to repair the damages? In the event that something happens to your building, how will you be able to pay your employees or to replace the damaged inventory? How will you be able to have an income while your business is out of business? If your answer is I don’t know, the answer is you need to have commercial insurance. 

If someone visits your business location and is hurt or is hurt by one of your products and decides to file a suit against you how will be able to afford legal counsel or to pay any judgment against you?  Again this is where your small business benefits from commercial insurance. 

These are just a few of the reasons why you need commercial insurance for your small business. Why not give our knowledgeable agents at the Fuhriman Insurance Agency in Boise, ID a call or stop by our office and let us help you design a policy that meets all your particular needs. Our website can also supply some valuable information. We are always happy to give you a no-obligation quote. 

Why life insurance is important even if you are young and healthy

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When is the right time in life to buy a life insurance policy? Most people think that life insurance is only something that older people, with families and children, have to carry. However, the Fuhriman Insurance Agency serving Boise, ID would like to inform you that a life insurance policy is a good thing to have at any age.

When you are young and starting out, chances are you feel so healthy that you are practically immortal. But the sad truth is that death can come for us all at any age, by accident or a sudden onset of a fatal disease.

Even if you are young and single, a life insurance policy can help with your final expenses and pay whatever debts you are carrying. The payout and the corresponding premiums do not have to be especially large.

The more you progress in life, the more life insurance becomes important. When you get married, start having children, and take on the responsibility of owning a home, a life insurance policy can not only help whatever loved ones you leave behind should you pass away, it will pay off even more debts that you have incurred.

Thinking about life insurance can be a difficult thing when you are young. It means that you have to acknowledge your own mortality, an unpleasant thing to contemplate. However, life insurance can also bring peace of mind. When you know your loved ones will be taken care of should you pass on at a young age, you will have one less thing to stress over.

For more questions about life insurance, feel free to contact the Fuhriman Insurance Agency, serving Boise, ID.

 

Want to drive a car? Learn more about your Idaho insurance requirements here.

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Driving a car in Idaho is a necessity for a lot of people. When you are looking to drive a car, it is important that you know all of your requirements. People that are shopping for insurance in the Boise, ID area will have a variety of auto insurance requirements that may need to be met in order to stay in compliance.

Lender and Lessor Requirements

When you are shopping for auto insurance, it is important that you know what your requirements are with your lender. If you have taken out a loan or lease to get your car, you will need to have a full auto insurance policy. This will have to include collision and comprehensive coverage. When you have this type of coverage you will have protection against a wide variety of losses. The lender will require that you have this as long as the loan is outstanding. 

State Requirements

Similar to other states, Idaho will require that you have liability auto insurance whenever you are on the road. In Idaho, the requirements include having $50,000 in bodily injury coverage per incident and $25,000 per person. You will also need to have personal property liability insurance protection of at least $25,000. If you do not have this coverage, you will be in violation of state law and could face stiff penalties.

Once you are ready to start looking for your next auto insurance policy in Boise, ID, you should come to the Fuhriman Insurance Agency. The team at the Furhiman Insurance Agency can help you to better understand your auto insurance needs. They can then help you get into a policy that will provide you with the right level of coverage for your personal situation. 

What is Pest Control Insurance

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Pest control is a lucrative business but it does take the right types of insurance in order for everyone involved to be safe and covered. Pest control insurance works to protect the exterminator and the people they serve. For those that live in the Boise, ID area, the agents with Fuhriman Insurance Agency can help you to find the right policy for your business.

So what is pest control insurance, this type of insurance is in place to help those that have a pest control business to cover things like their vehicle, their business, liability coverage and more all into one policy. This is going to make it easier and faster to get all your policies taken care of without having to have tons of different policies to cover their business.

This means that you can use one single policy to cover your pest control vehicle, your property insurance, your commercial insurance, and your liability insurance into one policy so that you can make sure your business is fully covered and that you do not need to get ten different policies. Pest control insurance is going to help you make sure your business and your customers are all protected and that you can go about your pest control duties without having to worry about coverage and about insurance.

For those that live in the Boise, ID area, the agents with Fuhriman Insurance Agency can help you find the policy that is going to work for you, for your business, and for your customers as well so that you can be sure that even if something does happen, everyone is protected and everyone is able to get their issues handled. Pest control insurance is essential and can make a huge deal of difference for any company.  

Items You Might Not Have Realized Toy Insurance Covers

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The term toy insurance probably sounds misleading. Fuhriman Insurance Agency of Boise, ID is here to explain its meaning. It refers to policies that cover grown-up toys like RVs, jet skis, golf carts, and dune buggies.

Toy insurance, also known as recreational vehicle insurance, covers a plethora of items for both liability and physical damage. It is actually a category of insurance. The items covered include:

  • all-terrain vehicles (ATVs),
  • antique vehicles,
  • classic vehicles,
  • dune buggies,
  • motorhomes,
  • golf carts,
  • personal watercraft,
  • sailboats ( to 40’ and 200 horsepower),
  • snowmobiles,
  • trailer/campers,
  • watercraft (up to 26 feet).

You might notice that the category of the toy does not just cover land vehicles, but watercraft, too. This category is what small boat insurance falls under.

Unlike auto insurance, there are no state minimums. You do need insurance for these though, especially to cover liability. While you can pick up a golf cart or dune buggy for less than $4,000, the cost of medical care after an accident on one can be significantly greater. Accidents on ATVs and other recreational vehicles can cause more damage because most riders do not wear helmets, according to a study conducted at Memorial University. These accidents can result in serious head trauma and neck/spine injuries.

Fuhriman Insurance Agency of Boise, ID wants you to ride safer. Always wear a helmet when you ride an ATV or a life jacket when on your boat, and always carry toy insurance. The policy sounds fun, but it provides serious coverage you need. It pays your medical bills in case you’re in an accident on your toy, plus pays to replace it.

My business only has two employees besides myself. Does my company need workmen’s comp insurance?

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Workmen’s Comp In Idaho

Your small business in Boise, ID is probably already protected by at least a couple of different kinds of insurance, like commercial property insurance and general liability. If you got your coverage through Fuhriman Insurance Agency, you hopefully spoke to your agent about any other kinds of protection your business might need.

One kind of policy many people don’t realize they need if they own a business with just a few employees is workmen’s compensation insurance. In Idaho, any business with at least one or more employees is required to have workmen’s comp insurance. This rule applies whether the workers are full-time or part-time, and there are very few exceptions.

Exceptions to the Workmen’s Comp Rule

Some of the exceptions have to do with whether your business is a sole proprietorship or partnership, or if your employees are family. Household domestic workers may also be excluded. 

Other exceptions include any workers you have who are already covered under federal workmen’s comp laws, real estate brokers, and agricultural pilots. Volunteer ski patrollers won’t need to be covered, or anyone who works casually in a position which isn’t really associated with regular business activities.

How Workmen’s Comp Helps Your Business 

Your employees are doubtless the greatest asset of your Boise, ID business. Carrying workmen’s compensation insurance means that if one of them gets sick or hurt at work, they can receive the treatment they need without worrying about the cost. They can relax knowing that if there is an accident, their medical bills and even lost wages can be compensated.

If you need to protect the employees at your small business, call Fuhriman Insurance Agency today so we can find a policy that suits your needs.

Protect Your Personal Assets with an Umbrella Insurance Policy

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When people think about umbrella insurance policies they generally consider them something that only businesses need. However, if you are a high-net-worth person living in the greater Boise, ID area you may want to think again. Protecting your hard work and your family is possible when you add an umbrella insurance policy to your current suite of personal insurance products. It is typical for ID insurance policies to have a cap on the amount of coverage that they provide. In most cases that limit is $250,000. With this level of protection, the responsibility for liability or damages above that amount may fall to you personally. The team at Fuhriman Insurance Agency is here to guide you through the umbrella insurance policy process.

How umbrella insurance can protect you and your family

When your assets are such that you may become a target for unscrupulous people, or you have belongings that require a high level of protection, umbrella insurance can help meet those needs. Liability can often be excessive in our litigious society, and leaving yourself at the mercy of the courts can end in heartbreak and disaster. With a comprehensive personal insurance bundle that includes umbrella insurance, you can make sure that your hard work and assets are protected. Don’t leave your family open to personal liability in the event that your primary policy limits are exceeded due to loss, damage, or liability. Make sure that you have the appropriate level of personal insurance protection that can help you weather the toughest of storms.

Interested in learning more about the umbrella insurance policy options that are available in the greater Boise, ID area? Contact Fuhriman Insurance Agency today and set up a consultation to find out more from our team of professionals!

Does Renter’s Insurance Cover Damage To Other Units If You Are Liable?

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Renter’s insurance is a product designed to help protect people from losses outlined in the policy such as fire or theft. Most people who rent a space to live in or store their personal items know that renter’s insurance is highly recommended to protect from losses, but does that mean that it covers damage to other units? 

Renter’s Insurance Coverage

Renter’s insurance can cover policyholders in a variety of different ways. Typically, a renter’s insurance policy will also cover damage to units surrounding the one used by the policyholder. This is a great way to provide a layer of protection from potential disastrous losses. Always make sure that an agent carefully explains the terms and conditions to help discover how much protection a policy is able to offer. Considering a few different options may be wise because not all renter’s insurance works the same. 

Work With An Established Agency

When working with an insurance agency, you want to make sure that they are established and have customer services oriented agents who can work closely with clients to help them discover options that work best for them. Anyone who is renting in or around the Boise, ID area is encouraged to check out Fuhriman Insurance Agency and let their helpful agents provide sensible options designed to offer the maximum amount of protection. 

When considering renter’s insurance, it is important to know what options are available by having access to professional agents with experience. Resident in and around Boise, ID should call or stop by Fuhriman Insurance Agency to speak with an agent for more details.