Important Things to Note about Bar & Restaurant Insurance

Owning a bar or restaurant can be very rewarding. These are not only places where people come to take meals, drinks and watch games but also they are places where most of the best memories with families and friends are made.

You may realize that when clients pick the best place to be spending their weekends or holidays, they will stick to it. The best way to appreciate their loyalty is by ensuring that they are protected, and they can feel safe while in your bar or restaurant in Boise, ID.

Fuhriman Insurance Agency provides bar & restaurant owners with numerous policies and also we can assist you to select the best coverage that suits you. Before buying a bar & restaurant insurance policy, there are several things you need to know which include;

The basic policies

Bar & restaurant insurance comes with numerous basic policies, and you will need to choose the one that suits your specific needs.These policies are similar to commercial insurance coverage which includes;

Property coverage – This is to protect the things and inventories that your business own.

Liability – The policy protects your customers and helps you pay for the damages that may occur to them when they are on your business premises.

Workers compensation – It caters for medical benefits and wage replacement if an employee is hurt in the workplace.

Commercial auto insurance – If your business owns vehicles, the coverage is meant to ensure that they are protected.

Things affecting your insurance needs

The type and the premiums you need for your bar & restaurant insurance depends on various factors which include; location, lease requirement, losses history, hours of operation, property type and volume just to mention a few. You should note that if your bar or restaurant leases its space, there are specific insurance requirements expected to meet the lease without violation.

To learn more about bar & restaurant insurance in Boise ID, contact Fuhriman Insurance Agency today. We will help you learn more so that you can make a sound decision before settling on a policy.

Who Needs Workers Compensation Insurance

Owning a business is a dream for many people. When you do own a business, there are many things that you need to take into consideration that you may not have thought about. For those in the Boise, ID area, one thing could be the need for workers compensation. There are several situations in which you will need to have a worker’s compensation policy.

Business with Employees

Workers compensation insurance is a requirement by law in almost every state in the United States. In the state of Idaho, all businesses that have one or more employee is required by law to carry workers compensation insurance. In fact, you are required to have the full policy in effect before your first employee even starts working for you.  

Contract Employees

Even if a business does not necessarily have direct employees, they still may be required to have Workers Compensation Insurance if they have employees hired on a contract or temporary basis. All employees will need to be covered.  If you have received the employees from a temporary placement or contract-consulting agency, they may be covered under the other company policy.  In these situations, you may not need to pay for the insurance, but it is important that you confirm that all employees are covered.  

Volunteers or Interns

Many businesses also receive seasonal help from volunteers or interns that are looking to gain experience. While these employees may not receive any form of compensation or other benefits, you are still taking on risk when they are at your place of business. Because of this, you will need to have a worker’s compensation policy in place to cover them, unless they are covered by a different program.

For businesses in the Boise, ID area that are trying to figure out their insurance needs, working with Fuhriman Insurance Agency could be a great option.  Fuhriman Insurance Agency will help you better understand your requirements and help you get a sufficient policy.