Author: AgentInsure

Do I Need Recreational Toy Insurance?

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If you and your family own recreational toys, then you have probably asked yourself if they need to have insurance on them. Riding four wheelers, campers, and jet skis make for great memories but there is no better feeling than enjoying your recreational vehicles and knowing that if something breaks or an accident happens, that the insurance will have it covered. There are different types of insurance coverage to choose from depending on the type of vehicle you own, and here is a quick look at a few types of coverage you can get.

Please note that not all policies will be the same from one insurance carrier to the next. This is why it is so important that you speak with a qualified insurance agent to make sure you are investing in a policy that has you properly covered.

Liability- Property Damage and Bodily Injury

This coverage is great for off-roading and boating. Accidents happen both on and off-road and with liability coverage, you can rest assured that financial help will be given to pay for any damage or injuries that may be caused by you.

Collision

In an event that you are hit by another boat or ATV, or you hit an obstacle like a tree, this coverage will pay for any damage to your toy vehicle.

Comprehensive

Collision covers your recreational vehicle from accident damage, whereas comprehensive covers damage from non-collision damage like vandalism, weather, theft, and fire.

Recreational toys are designed to be driven fast and accidents do happen, this is why it is important to get coverage. If you would like to learn more about recreational toy insurance and the different types of policies offered in Boise, ID, please contact the Fuhriman Insurance Agency today.

Understanding Toy Insurance: What Is It and What Are the Benefits?

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What Is Toy Insurance?

All-terrain vehicles, golf carts, and snowmobiles are meant to be used for fun, but it is also important to use them with care. If you and your family operate these types of toys, then you know how important it is to keep them in good working condition. Toy insurance can come into play when something happens, such as property damage or if you are involved in an accident while operating one of these devices. Just the same as with regular auto policies, there are several types of toy insurance you can choose from, such as liability, collision, and comprehensive coverage.

Why Do You Need Toy Insurance?

Recreational vehicles can be dangerous and accidents do happen, but luckily you can take steps to protect yourself and your toys by making sure you have the right insurance in place. Just the same as it is not smart to drive a car or truck with auto insurance, it is also not wise to operate a toy, like a four wheeler, without proper coverage. 

The Benefits

Accidents happen and when they do, toy insurance may help pay the cost of damage to the vehicles, medical bills in case of injury, physical/property damage, and bodily injury. Toy insurance also gives you peace of mind in knowing these valuable types of assets are protected in the event of an accident. Depending on where you are using the toys, it may be mandated that you provide proof of coverage. 

If you would like to learn more about the different types of toy coverage you can purchase, please contact the Fuhriman Insurance Agency serving the Boise, ID area. 

Liability Of Bar and Restaurant Owner Without Insurance

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Opening a Bar and Restaurant is walking into many liability landmines.   The following activities create liability: food poisoning, alcohol abuse,  slip and fall, assaults caused by fighting patrons, the danger of fire and employee injuries.  This type of business exposes itself to significant liability because it serves the public that feels free and comfortable to express all their emotions while consuming food and drink.  

There are standard types of Insurance that the business owner must consider such as:

Commercial Property Insurance
General Liability Coverage
Liquor Liability Coverage
Assault and Battery Coverage 
Fire Insurance 
Loss of Business Insurance 
Income Coverage
Food Contamination Insurance 
Workers Compensation Insurance
Commercial Auto Liability Coverage

Dram Shop and Liquor Liability Law

The liability of a bar and restaurants can overwhelm a business owner with the death of a patron and innocent bystanders that were harmed by the patron that just left the bar and restaurant drunk. Dram Shop laws are designed to protect the bar owner and the public.  Restaurants and bars are prevented by law from serving alcohol to minors and those intoxicated. If the Dram Shop law is ignored and a patron injures an innocent person the business can be held responsible for the injuries.

Best Practices To Reduce Liability

* Create an employer/employee manual clearing establishing the  training and sanitation practices
* Ensure that practices comply with health and sanitation legal and administration requirements that have jurisdiction over the bar and restaurants
*  Put in policies to control food safety, quality and preparation according to state and federal standards
*  Liquor control policies
*  Fire and safety inspections
*  Record keeping of the date and time establishing when procedures are enforced

The agents of Fuhriman Insurance Agency in Boise, ID will guide you as your business develops.  Please call!!

Will my Umbrella Policy Cover a Worker’s Compensation Award?

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Umbrella insurance can be a lifesaver for a small business if it is used correctly. Members of the Fuhriman Insurance Agency who serve the Boise, ID area and the surrounding communities can explain the nuances of umbrella insurance and what types of companies will benefit the most from adding it to their portfolio.

Worker’s Compensation Coverage

Worker’s Compensation coverage is a unique form of insurance that protects a company from financial loss after an employee has been injured while on the job. Depending on the severity of the injuries they receive, the treatment they need can last months or even years. This can be extremely costly and may surpass the funds the company has available to cover their medical expenses.

The Benefits of Umbrella Coverage

Umbrella insurance doesn’t include coverage for Worker’s Compensation claims, but it does help to take up the slack during liability cases. This type of coverage may also be beneficial in terms of storm damage, especially if the cost to make the necessary repairs the exceeds your current policies limits.  Umbrella coverage works better for some types of businesses than it does for others, so it’s important to talk to your insurance agent before making a final decision.

Umbrella insurance is an excellent way to protect your small business from financial loss and devastation. Although umbrella insurance doesn’t help with Worker’s Compensation cases, it can help in many types of liability cases where your traditional coverage may not be sufficient. In Boise, ID, the agents of Fuhriman Insurance Agency encourage small business owners to call their office if they have any questions about this type of coverage.

What’s Covered by an Umbrella Insurance Policy- and what Isn’t?

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A general insurance policy has limitations on coverage that many don’t realize until they experience a situation not covered by the policy. Having an umbrella policy is added protection on top of your home insurance policy, and is proactive instead of reactive.

What is an Umbrella Insurance Policy?

An umbrella insurance policy is put in place to offer additional coverage to protect a person’s home from theft, lawsuits, injuries, disasters and more. An umbrella policy can be customized to a policy holder’s specific needs and the policy picks up to cover where a general policy caps out.

If you are in the Boise, ID area and considering an umbrella policy, remember to work with an experienced and professional Insurance Company, like Fuhriman Insurance Agency to help you pick the right umbrella insurance policy.

What is Covered Under an Umbrella Policy?

An umbrella policy is separate, additional liability coverage purchased on top of a general policy. Coverage includes legal situations and lawsuits- including fees and damages- rental properties, injuries and other unexpected situations that may arise.

In example- you have $250,000 worth of liability insurance on your policy and someone falls in your house and gets hurt, sues you and a judgment of $400,000 is found against you. The umbrella policy will now kick in to pick up the balance of the $150,000 not covered by the general policy.

What’s Not Covered Under an Umbrella Policy?

An umbrella policy will not cover personal property, business contract disputes, or intentional, reckless criminal behavior.

Having an umbrella policy adds a sense of safety and protection for you and your family, as well as your belongings. If you are seeking an umbrella insurance policy, Fuhriman Insurance Agency services the Boise, ID area and has experienced, professional insurance agents available to steer you toward the right policy for you. Contact one of our agents today to get started.

What Happens If You Don’t Buy Workers Comp Insurance as an Employer?

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By law, everyone who employees one or more person in Idaho is required to have some form of workers compensation coverage. This may be placing a bond with the state, having a self-administered program or purchasing workers compensation insurance. Here at Fuhriman Insurance Agency, serving the Boise, ID area, we are often asked what happens if an employer does carry workers compensation coverage through one of the options allowed by the state. Here is the answer. 

Who is Required to Have Coverage?

In the state of Idaho, you are required to have workers compensation coverage if you have one or more employee who works for your business. This law excludes business partners and owners, as well as a potential spouse who may be working for you. In most cases, the law also excludes any freelance employees. All other employees must be covered by a workers compensation coverage plan. 

What Happens If You Don’t Have Worker’s Compensation Coverage?

If you do not have worker’s compensation coverage, there are many potential problems you could encounter. You could be forced to pay a fine by the state, you may face increased premiums when you finally do get insurance, and if an employee becomes injured and you lack coverage, you may be forced to pay for their injuries and future compensation out of your business or personal money. 

If you are looking to meet the worker’s compensation coverage guidelines required by the state of Idaho, Fuhriman Insurance Agency, serving the Boise, ID area, can help. Contact us today to discuss your needs and let us provide you with a quote. 

Throwing Parties as a Renter: Why You Need Insurance to Protect You

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When you decide to throw a party in your apartment, it’s unlikely that you put ‘buy renters insurance’ on your to-do list. You’re probably far more concerned about serving the right appetizers and getting the right decorations than you are with anything else. But the people in Boise, ID who want to protect themselves from liability claims may want to reconsider their actions before going any further. 

How Liability Works 

While every situation is different, renters are typically held liable for what happens to their guests when they’re on their property. This means that if a person slips and falls on your kitchen floor because another guest spilled a drink and didn’t clean it up, you may have to pay for the injured party’s medical bills due to negligence. You’re also responsible for keeping your guests on the premises if they happen to become impaired from alcohol or drugs. If they leave in their car and hit someone else, there’s a chance that you’ll be asked to pay the medical bills. 

Help from Fuhriman Insurance Agency

Our agency is here to help renters in Boise, ID get a handle on their responsibilities so they don’t make a mistake that could haunt them for the rest of their lives. Throwing a party is a fun event that will typically go off without a hitch. It’s not a reason to become scared to have people over to your home or to hide away from the world. But at the same time, it’s foolish to pretend there aren’t risks involved when it comes to your next big bash. For more information call Fuhriman Insurance Agency for a free quote. Renters insurance is one of the most affordable types of insurance available!

3 Scenarios Where Umbrella Insurance Could Possibly Be Used

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Umbrella insurance is an “extra” type of liability insurance. This policy is designed to help protect you from serious lawsuits and claims, which will also help to protect your assets and your future. While you will have your basic auto, homeowners, and boat insurance policy, the umbrella insurance will cover any damages that exceed this amount, ensuring you don’t face significant losses in an accident or other unexpected situation.

Three situations when umbrella insurance from Fuhriman Insurance Agency may be beneficial in Boise, ID can be found here.

1. The Neighbor’s Kid Falls Down the Stairs and is Injured

When it comes to injuries at your home or on your property, your homeowner’s policy is going to determine a set amount that will be paid. However, if a child falls down your stairs and suffers long-term injuries or even a permanent disability, the costs of medical bills and recovery could far exceed your insurance liability. In this situation, umbrella coverage can kick in and ensure that all bills are paid and that you don’t have to sell your home or take other drastic steps to cover the expenses.

2. Your Dog Bites a Guest

This situation is similar to the one above. When something happens to someone on your property, regardless of if it is an accident or something else, liability falls to you. You are the one who is expected to cover the bills and expenses related to the accident or issue. This is another example of when umbrella insurance can be beneficial.

3. Your Teenager Takes Your Car Without Permission and gets in an Accident, Injuring the other Party

Unfortunately, this is an all-too-common occurrence. Another bit of bad news is that if your child is not listed on your auto insurance policy, the insurance company may not pay for the damages or injuries they have caused. This is another example of the benefits offered by having umbrella insurance coverage.

To learn more about umbrella insurance and the benefits it offers to Boise, ID residents, contact the professional staff at the Fuhriman Insurance Agency.

 

4 Questions to Ask About Bar & Restaurant Insurance

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For anyone operating a bar and/or restaurant in the Boise, ID area, or people who are thinking of starting up this type of business, there are a lot of details to consider. One of those details that sometimes goes overlooked is bar & restaurant insurance. Fortunately, the Fuhriman Insurance Agency can help. There are a number of great options with companies that provide this type of insurance, and getting multiple quotes in one place makes everything easier and less complicated. Additionally, talking to a knowledgeable agent can make things feel less stressful, as well, and help get concerns addressed and questions answered. Here are four questions that should always be asked:

1. Is additional coverage needed beyond this policy?

2. How much is the deductible?

3. What kinds of things are specifically not covered by this policy?

4. How does the serving or not serving of alcohol affect the insurance coverage?

While there are other things a person will want to know about bar & restaurant insurance for their Boise, ID business, these are the main types of questions they will want to ask their insurance agent before they pick a policy and get started. Then they can work with that agent to compile the proper information and determine what else needs to be known.

The more information the agent has about the business, the easier it will be for them to determine the right level of coverage. Someone operating a small restaurant that does not serve alcohol at all may need very different coverage than someone who has a large bar that also serves some food. Both of these can be very viable businesses, and reaching out to the Fuhriman Insurance Agency can help protect those businesses and keep their owners moving forward with their plans and goals.

Are You Legally Required to Buy Workers Compensation Insurance?

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If you own a business, you may find yourself wondering if you are legally required to purchase workers compensation insurance. This is a question that we at Fuhriman Insurance Agency, serving the greater Boise, ID area, are often asked. Here is what you need to know about whether you are legally required to buy workers compensation insurance. 

You Have No Employees

If you are self-employed and you do not have any employees, you are not legally required to buy workers compensation insurance. This includes those who only have a spouse that works for them or those who utilize the services of sub-contractors. As long as you do not have anyone that is legally deemed to be an employee, you are not required to obtain and carry this type of insurance. 

You Have Employees

If you employee anyone, even if it is only other person, you are legally required to carry workers compensation insurance by law. This insurance covers the cost of medical bills, lost wages, and permanents injuries if your employee is injured on the job. If you do not carry this type of insurance, you could face heavy fines by the state your business is located in, or your business can even be shut down until you obtain the correct insurance. 

Having the right worker’s compensation insurance is vital to the operation of your business. If you are looking to purchase workers compensation insurance in the greater Boise, ID area, turn to Fuhriman Insurance Agency. We can help you find the right coverage for your business needs. Call us today to schedule an appointment to sit down and discuss your worker’s comp insurance needs.