Fuhriman Insurance Agency

Who Should Carry Umbrella Insurance?

Posted on by AgentInsure

Many Boise, ID, residents, and business owners can benefit from umbrella insurance. It significantly adds liability coverage to your existing home, condominium, renters, vehicle, and business policies. This gives you greater protection from some types of lawsuits, especially those involving accidental injuries. Not everyone needs this kind of insurance, but it’s often desirable for individuals and companies with substantial amounts of valuable assets.

Assets

If the value of your personal assets exceeds the liability limits on existing auto, home, or renters’ insurance, consider signing up for an umbrella policy. The same goes for businesses. Consider obtaining umbrella coverage if the total worth of your business assets surpasses your commercial liability insurance cap. An alternative is to add more liability coverage to an existing policy, but this isn’t always possible.

Risk Level

You may also want to consider your vulnerability to claims. Your company might need an umbrella policy when numerous people visit your place of business, or you perform services at customers’ homes. Likewise, it could prove necessary if you sell a product with the potential to cause significant damage or injuries. An individual who holds large parties at home or frequently travels long distances by car could also benefit from umbrella coverage.

If you decide an umbrella policy is right for you or your company, talk to the coverage experts at Fuhriman Insurance Agency. Our Boise, ID, agency has over six decades of experience and strives to serve customers promptly, efficiently, and reliably. We’ll independently help you compare options from a variety of dependable insurers. Please call 208-327-3400 or 877-342-7935 to reach the friendly staff at Fuhriman Insurance Agency.

Protect Your Investments While Renting A Home

Posted on by AgentInsure

Renters insurance protects a tenant’s possessions while they are actively renting a residence. After reviewing how renters insurance works, contact one of our agents at Fuhriman Insurance Agency. One of our agents from Boise, ID will prepare your insurance documents.

Coverage Basics

Your rental home could become burglarized or vandalized during your tenancy. It could also be subject to damage from a storm. Renters insurance provides adequate protection from monetary loss. It covers the cost of repairing or replacing damaged items. It is a tenant’s responsibility to acquire rental insurance when they move into a new rental.

Inspection

An inspection of the rental property should be conducted first. This inspection should be done before a rental agreement is signed. An inspection will allow you to determine a rental’s level of security. It will also indicate the current condition of the dwelling.

Assets and Personal Possessions

A list of your assets and personal possessions should be prepared. The list should indicate each item of value that you will be moving into your rental. Information about the value of each item should be documented. If you own artwork, jewelry, and other valuables, you should have these items appraised. This information should be submitted to your insurance agent.

Changes

If you sell any of your items, you should take note of each sale. Selling items may require modifying your existing insurance policy. If you invest in new items, you will need to make a note of the purchases that you have made.

Contact Fuhriman Insurance Agency

Now that you know the insurance you need while renting a property, schedule a meeting with an agent at Fuhriman Insurance Agency. An agent who serves Boise, ID, will advise you on the insurance coverage you need.

Commercial Insurance: FAQs

Posted on by AgentInsure

As a business owner, you understand how complicated it is to have a company. There are many things to take care of to help your business grow and succeed. You should consider the interests and needs of employees working for you is important. Also, buying business insurance is one of the most efficient methods to protect your business. 

What does commercial insurance cover?

Usually, commercial insurance pays for the expenses of lost business income, commercial property damage, lawsuits, and other losses. You can purchase several coverages to ensure your business is fully covered. 

What are the various types of commercial insurance?

Depending on the type and features of your business, there are several types of business insurance to consider. The most common are general liability insurance, commercial property insurance, business income insurance, and more. 

What are the benefits of having commercial insurance?

The main benefit is the protection of your business. Each type of commercial insurance protects businesses in different ways. Protecting your business is the most important thing for any business owner and investor because of the energy and effort they have put into it. 

If you are thinking of getting business insurance for your company but still have questions or do not know where to start, Fuhriman Insurance Agency is here to help you. Our agency has served clients in Boise, ID, and other areas. We specialize in commercial insurance, as well as other types of insurance. For more information, you can either call us or visit our website. 

The Differences Between Term and Whole Life Insurance

Posted on by AgentInsure

Getting a life insurance policy is the responsible thing to do when you have people who rely on you. With life insurance, you can leave something behind so that your loved ones aren’t financially devastated after you pass away. Many people don’t want to think about life insurance, but it’s essential to consider it and figure out how much your beneficiaries will need once you’re gone. Call us at Fuhriman Insurance Agency in Boise, ID, to get a policy and learn more. 

Term Life Insurance

This type of life policy has an active period and an expiration date. When you get one of these policies, it will be clear how long the policy will stay in effect. You will be given several years, such as 20, for which the policy is good. You’ll also be given an expiration date. Once that date rolls around, the policy expires. You’ll need to apply for a new policy to protect your loved ones again. This type of insurance is inexpensive and fits into a budget much better than a whole life. 

Whole Life Insurance

When you don’t want an expiration date, you might want to get a whole-life policy. These don’t ever expire. They stay good for as long as you live. Even if you become quite elderly, the policy will stay good. The trade-off is that this type of policy is more expensive than a term life policy. These policies also grow a monetary value you can borrow against during rough financial times. 

Get Life Insurance

Regardless of your choice, life insurance policies are a must for everyone. When you’re ready to choose a life insurance policy, you can contact us at Fuhriman Insurance Agency in Boise, ID.

What are the Different Types of Pest Control Insurance?

Posted on by AgentInsure

Pest control and exterminator companies in Boise, ID, have unique business insurance needs. While you may need policies covering risks common to all types of businesses, additional types of insurance can help keep you, your employees, and even your customers safe. Fuhriman Insurance Agency can assess your needs and recommend policies to protect your pest control company from various risks.

Illness is a Huge Risk

Perhaps the most significant risk for pest control companies is what can happen if employees performing extermination or homeowners receiving the service develop illnesses from exposure to the chemicals used. A standard business owner’s policy (BOP} will not meet your unique needs. Although your pest control operation still needs the protections offered in a BOP, consider getting the following:

  • Pollution and fumigation liability
  • Professional liability
  • Business auto insurance
  • Tools and equipment coverage
  • Inland marine coverage
  • Umbrella and excess liability coverage

Additional liability coverage is essential, as customers injured or whose property is damaged by your operations can sue for millions of dollars. The additional coverage will protect your company once the liability limits for other types of insurance have been exhausted.

A sound worker’s compensation policy would also be best because of employees’ potential exposure during their workday.

Inspections Can Also Be Costly

Sometimes, the initial step of inspecting a property for pests can cause unintended. Pest inspection damage liability helps cover legal fees, settlement costs, judgments against your company, and the cost of repairs.

Ensuring you have enough coverage can make the difference between staying in business after a mistake and closing the shop. Fuhriman Insurance Agency, serving customers in Boise, ID, can help you determine appropriate coverage amounts for your pest control business. Contact us to get started on a policy.

What unique coverage options should I consider when building an auto insurance policy?

Posted on by AgentInsure

Owning a car is important for those in the Boise, ID area. If you plan to buy a car in this area, you need to get the right insurance for it. There are many unique coverage options when building your next auto insurance plan.

Rental Reimbursement

If your car is ever damaged and you need repairs, you could be without a vehicle for days or weeks at a time. A rental reimbursement clause in your insurance plan will provide you with rental car reimbursement during this time. 

Gap Insurance

Auto insurance tends to provide compensation up to the market value of a vehicle. For many car owners, particularly those who have taken out a loan, there is a time when the loan balance exceeds the market value. A gap insurance benefit and policy will cover this gap to ensure you can pay off the loan. 

Uninsured Motorist Coverage

There are situations when a motorist may cause an accident. While they are responsible for damages, they may not have the proper insurance in place. With an uninsured motorist coverage plan, you will get the support necessary to cover your damages if the at-fault party does not have enough coverage to pay for all damages incurred. 

There are many important factors to consider when you are building an auto insurance plan in the Boise, ID area. If you choose to purchase a car here and want insurance support, call our Fuhriman Insurance Agency team. Our team knows all about this coverage and will offer the help you need to build your next policy. 

Why Every Business Needs Workers’ Comp Insurance

Posted on by AgentInsure

When you own a business, it’s essential to have workers’ compensation insurance, often called workers’ comp, to protect your business and employees. This insurance provides clear benefits to both. No business with any number of employees should be without it. Even if you only have seasonal help, getting this insurance is important before they begin to work for your business. Call us at Fuhriman Insurance Agency in Boise, ID, when you need workers’ comp insurance.

Protecting Your Business

One of the reasons that you need this insurance is because it gives your business valuable coverage. When you have employees and workers’ comp insurance, it will pay for the costs associated with an accident or illness at work. This includes if an employee contracts an illness related to their job. Accidents often lead to injuries, and these can be expensive. It could irreparably damage your business if your business has to pay for the medical bills, legal costs, lost wages, etc. These costs can be extremely high and may damage the entire business. 

Protecting Your Employees

An expensive accident or illness on the part of an employee could be complicated for a small business to pay for. If an employee gets injured or ill at work, they need to have the funds available to pay for their costs. When you have workers’ comp insurance for your employees, they’ll know that there is protection in case the worst should happen. Even if the problem is costly, the funds will be available for the employee’s related costs. 

Get the Coverage Your Business Needs

If your business doesn’t yet have workers’ comp insurance, it’s time to get your policy. Call us at Fuhriman Insurance Agency in Boise, ID to learn more. 

     

Is it worth it to just get liability toy insurance in Boise, ID?

Posted on by AgentInsure

You may not realize how important it is to carry toy insurance in Boise, ID. Many people are not aware that toy insurance exists. At Fuhriman Insurance Agency, we can talk to you about what kinds of vehicles qualify as toys for toy insurance and help you determine what type of coverage you need.

What Is Toy Insurance?

Toy insurance covers several kinds of all-terrain vehicles, such as golf carts, snowmobiles, and other vehicles that are not considered automobiles. Toy insurance acts much the same way as auto insurance. If you are in an accident, you can provide your information to the other parties involved to cover the damages.

How Much Protection Will You Get From Liability Coverage?

Liability coverage is the most important kind of coverage because it will protect you if you are at fault in an accident. If you damage someone else’s property or that person is injured, your insurance will pay for the damaged property and medical bills up to your policy limits.

Unfortunately, liability coverage will not protect you if you are injured, or your toys are damaged or stolen. Without that protection, you could suffer a permanent loss because of an accident or theft.

The critical thing to remember is that if you enjoy toys in Boise, ID, you are responsible for anything that happens while operating them. You also assume the risks if anything happens while using them. Luckily, several kinds of coverage will help to protect you and your family so you can enjoy your toys in peace. If you would like to discuss a toy insurance policy or have questions about toy insurance, please call Fuhriman Insurance Agency today.

Umbrella insurance isn’t just for the wealthy

Posted on by AgentInsure

At Fuhriman Insurance Agency in Boise, ID, we know that as a small business and an independent insurance agency, we work for our customers. We strive to make sure you get the best policy at the best possible price. We have been in business since 1962, and we have the experience you are looking for in an insurance agent. 

What is umbrella insurance?

Umbrella insurance is an additional layer of liability coverage that can be added to any policy that you already have that has liability protection. This can be auto, home, condo, renters, and more. Liability coverage protects your assets from legal action that may be taken against you. If you are sued, it can help to make sure that your assets are not attached if the judgment is higher than the coverage that you have on your primary policy. For example, if you are sued and the judgment is $200,000.00, and your liability coverage is $100,000, This leaves a gap of $100,000 that you are responsible for. If you have an umbrella policy, it will kick in and pay the additional $100,000. 

Who benefits from umbrella insurance?

As you can see from the example, this could happen to someone who is a renter. In this case, it might be that your wages would be attached to help pay the judgment. You don’t need to be wealthy to understand that is not something you want to happen. Umbrella insurance is an affordable option that can protect your assets no matter how big or small they are. The reality is, it may be even more important for those who are not wealthy. 

At Fuhriman Insurance Agency in Boise, ID, we will help to make sure you understand and appreciate what an umbrella insurance policy can do for you. 

 

What coverage does renters insurance provide

Posted on by AgentInsure

Less than half of all renters carry renters insurance. It is unclear whether they think that their landlord covers them or they don’t understand what is at stake if you don’t have it. In Boise, ID, at the Fuhriman Insurance Agency, we are an independent insurance agency, and we can show you how important protecting yourself with renters insurance is. 

Personal property

Much of what you own as a renter is probably located within your rental. Imagine a fire or tornado destroyed your rental property and all of your possessions. Would you be able to replace everything easily? What about if your rental was burglarized and your valuables stolen? How would you cope? If you have renters insurance, you will be able to replace the things that you lost. It is stressful enough to have to go through a loss, but wondering how you are going to pay for it is a stress you can avoid. Your possessions are covered away from home as well. 

Liability

If someone is visiting your rental and gets injured, they may have medical expenses and could sue you for damages. Renters insurance protects against legal action and the costs that may accompany it. 

Loss of use

If your rental is damaged so badly that it is not habitable, where would you go, and how would you pay for it? If you have rental insurance, it should have loss of use coverage so that you can get temporary lodging and some meals paid for if you cannot cook. It helps make a stressful situation less stressful.  

If you call Boise, ID home, you can count on the Fuhriman Insurance Agency to provide for all your renter’s insurance needs. Call our office today to get a no-obligation quote.