Month: August 2022

Does Renters Insurance Cover Structures Leased in Boise, ID?

Posted on by AgentInsure

Have you leased a home or a structure in Idaho? If you are renting a home in Boise, ID, your space and belongings will need formidable coverage to safeguard them in case of an impending peril like fire and theft. Unfortunately, many Boise, ID residents with leased structures think their landlord’s homeowner’s insurance will also cater to their personal properties in case a calamity strikes. The truth is that the landlord is only responsible for the leased structures, not the belongings stored in them. Buying a formidable renter’s insurance from Fuhriman Insurance Agency is smart. It will cover your belongings, like furniture, clothing, and appliances, against imminent perils. Reach out to our agents today and buy renters insurance that meets your needs and budget.

At Fuhriman Insurance Agency, we offer the following types of renters insurance for leased structures:

Personal property: What will you do if your leased home is ravaged by perils such as hailstorms, theft, or getting vandalized while traveling? This type of coverage pays for the repair or replacement cost of your belongings like clothing, electronics, and furniture up to the limits in your policy.

Liability coverage: This safeguards a policyholder or their family members against lawsuits by third parties arising from physical injury or prevailing property damage. It also cushions you from damage caused by your pets.

Additional living expenses: If your leased condominium is damaged by a given peril stated in your policy and you are forced to relocate elsewhere temporarily, renters’ insurance pays for additional expenses such as hotel bills, restaurant meals, and other prevailing costs. It pays for expenses when your leased property becomes uninhabitable, and you incur additional costs as it is repaired or reconstructed.

Medical payments coverage: This type of coverage will cushion you from any accruing medical bills if a visitor staying on your leased structure or home gets injured, regardless of who is responsible.

Are you a Boise, ID resident searching for reliable renters’ insurance to safeguard yourself and your leased space? Please call or visit us at Fuhriman Insurance Agency today for a competitive quote. We fully understand renters’ insurance needs differ.

Will umbrella insurance cover things that my primary insurance doesn’t?

Posted on by AgentInsure

Umbrella insurance is designed to act as a second insurance policy. In other words, it’s designed to act as "extra insurance" that kicks in after your primary insurance limits have been exhausted. Our team at Fuhriman Insurance Agency is committed to helping Boise, ID residents understand umbrella insurance and what it can do for them. 

How Does Umbrella Insurance Work?

Umbrella insurance only kicks in if your primary insurance fails to cover something or the maximum limits of your primary insurance have been reached. The limitations of your primary insurance must be exhausted for umbrella insurance to kick in. Umbrella insurance can also cover things not covered by a primary insurance policy if the non-covered situation is something that umbrella insurance would typically cover. However, this is a rare occurrence because umbrella insurance isn’t designed to operate as primary insurance. 

Will umbrella insurance cover things that my primary insurance doesn’t?

As mentioned above,  umbrella insurance isn’t primary insurance. It’s secondary insurance. However, there are rare situations when a primary insurance policy may not cover something that’s covered by an umbrella insurance policy. In these situations, umbrella insurance would cover what’s not covered by your primary insurance policy. Instances like this are rare because many insurance companies will do their due diligence to ensure that your primary insurance provides the coverage you need. The umbrella insurance will only kick in if the policy limits are maxed out. 

Other Considerations…

Umbrella insurance isn’t designed to cover your car, house, or possessions. It covers the cost of injury to others as well as damage you may cause to other people’s property. It covers what your primary insurance excludes and exceeds beyond primary policy limits. If you have questions regarding the benefits of umbrella insurance, call us. We’re standing by.