What are the Advantages of Umbrella Insurance For Seniors?

Most seniors want to pursue their interests and not worry about money. Yet, despite having the typical combination of home and auto insurance coverage, many leave themselves exposed by not carrying an umbrella insurance policy. So, we’ll review how umbrella insurance can be especially valuable for protecting seniors. After reading this article, consider contacting Fuhriman Insurance Agency, serving Boise, ID, to discuss including umbrella insurance in your insurance plan.

How Umbrella Insurance Helps Seniors

If you have reached retirement age, you know that accidents happen, and we use insurance to protect ourselves against the unexpected. You use your auto and home insurance policies to cover your liability for home or auto accidents for which you bear responsibility.

Your home and auto policy limits are high enough to cover your liability in most accidents. However, when your liability exceeds your policy limits, your responsibility for paying the difference may put your savings or other assets, including your home, at risk. Such a situation is especially problematic for seniors who are often past their prime earning years.

Umbrella insurance protects against those situations by providing coverage that extends beyond your standard policy coverage limits. Umbrella insurance premiums are relatively inexpensive since most people never tap their coverage. Yet, it offers an extra layer of financial protection and peace of mind since you know you have protected the assets you worked so hard to accumulate against misfortune.

Working With Fuhriman Insurance Agency

It is comforting to know that you and your family are fully protected in a world where anything can happen. The Fuhriman Insurance Agency, which serves the needs of seniors in the Boise, ID, area, is here to help. Call us at (877) 342-7935 to discuss whether umbrella insurance offers the protection you need.

When Should You Consider Purchasing Toy Insurance?

Are you a proud owner of recreational vehicle toys like ATVs, 4x4s, snowmobiles, or jet skis? While the thrill of riding these vehicles is undeniable, ensuring their protection should also be a priority. As you indulge in adrenaline-pumping adventures around Boise, ID, considering toy insurance from Fuhriman Insurance Agency could be your best move yet.

Protecting Your Investments

Your recreational vehicles are not just sources of fun; they are valuable investments that deserve adequate protection. Toy insurance covers damages caused by accidents, theft, vandalism, and natural disasters. With the unpredictable nature of outdoor activities, insurance ensures you’re not stranded in unexpected mishaps.

Peace of Mind for Your Adventures

Picture yourself cruising through the picturesque landscapes around Boise, ID, knowing that your recreational vehicles are safeguarded against unforeseen circumstances. Toy insurance gives you the peace of mind to fully enjoy your adventures, knowing that you’re financially protected in case of mishaps.

Tailored Coverage Options

At Fuhriman Insurance Agency, we understand that every recreational vehicle owner has unique needs. That’s why we offer tailored coverage options to suit your specific requirements. Whether you’re a weekend warrior or an avid outdoor enthusiast, our comprehensive insurance solutions are designed to provide you with the coverage you need at competitive rates.

Ready to Protect Your Toys?

Please don’t wait until it’s too late. Safeguard your recreational vehicles with toy insurance from Fuhriman Insurance Agency, serving the greater Boise, ID region today. Our experienced agents are here to guide you through the process and help you find the perfect coverage for your beloved toys. Call us now to learn more or get a price quote.

Who Should Carry Umbrella Insurance?

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.

What are the Different Types of Pest Control Insurance?

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.

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

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

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 comes with my toy insurance policy?

Many people love living in the Boise, ID area because it is an active community with many great trails and other places to spend time outside. If you enjoy being outdoors, investing in a recreational toy is a good idea as it will open up many possible activities. Along with this, it is essential that you get the right insurance. A full toy insurance plan offers various forms of coverage that can make it a good investment.

Coverage for Toy

When you invest in a recreational toy, you will want to be able to use it for a long time. A great way to ensure this happens is by getting insurance. When you have toy coverage, you will have support so you can always repair or replace your toy. 

Liability Risk Mitigation

A reason why all people should have this coverage is so they can reduce their liability risks. Even if you are very experienced and diligent when using a recreational toy, there is a chance you could cause an accident. If this does occur, you will need to pay for any resulting damages. If you have toy insurance, it will give support so you can cover these costs through the liability insurance provision. 

If you purchase a recreational toy in this part of Boise, ID, you will want to know that you have the right coverage for it. To ensure you select the correct type of toy coverage here, it would be ideal to start your search by calling our team with the Fuhriman Insurance Agency. There are a lot of important choices to make when looking for this coverage, and our team with Fuhriman Insurance Agency can ensure you select the right policy for your situation. 

How Workers Comp Insurance Works in Idaho

Workers’ compensation insurance offers employers in Idaho financial protection if and when an employee is injured. This type of policy helps pay for lost wages and even medical care as needed. It also helps protect employers from lawsuits. If you’re currently looking for workers’ comp insurance in or near Boise, ID, contact us at Fuhriman Insurance Agency to learn more. In the meantime, continue reading to see how workers’ comp insurance works in Idaho:

  • Coverage Requirement: In Idaho, with few exceptions, every employer who has one or more employees, full or part-time, must provide workers’ compensation coverage either by purchasing an insurance policy or by becoming self-insured.
  • Reporting an Injury: If an employee is injured on the job, they should report the injury to their employer as soon as possible. The employer is then responsible for filing a report of the injury with the Idaho Industrial Commission within ten days of learning about the accident.
  • Medical Treatment: The employee can choose their physician if an injury requires medical attention. However, Idaho employers can limit the choice of treating physicians if they provide a written list of physicians or a managed care organization has been designated.
  • Wage Replacement: If an employee cannot work due to a work-related injury or illness, workers’ comp insurance provides temporary disability benefits. The amount typically equals about two-thirds of the employee’s average weekly wage, up to a maximum amount set by law each year. Permanent partial or total disability benefits are also provided if the worker’s injury leads to permanent disability.
  • Legal Disputes: If there’s a dispute about the benefits, such as a denial of a claim, the worker can request a hearing before the Idaho Industrial Commission, which is the state agency that administers and enforces Idaho’s workers’ compensation laws.

And remember, if you’re currently looking for workers’ comp insurance in or near Boise, ID, be sure to contact us at Fuhriman Insurance Agency today!

What is toy insurance, and what all does it cover?

Many people have expensive toys like snow machines, four-wheelers, and other fun recreational motorized vehicles. These toys can be costly to replace if you get into an accident. Because of the expensive nature of ATVs, getting insurance for those toys might be a good idea. What exactly is toy insurance, and what does it cover?

What is toy insurance?

Toy insurance covers big expensive toys such as four-wheelers and golf carts. It is necessary to keep these toys maintained so that they stay in working order. If you happen to get into an accident or something damages your expensive toy, insurance will help cover the costs to replace or repair it.

What does toy insurance cover?

Medical payments

Like auto, boat, and RV insurance, toy insurance has the option for medical payment coverage. If you get into an accident and someone in your party gets injured, your insurance coverage will step in to help pay for those medical expenses.

Liability

Almost everything has liability as part of the coverage options, and toy insurance is no exception. Liability insurance covers property damage, injury to other parties, and legal fees if you are at fault for an accident.

Uninsured and underinsured motorist coverage

Sometimes you get into an accident that is the other person’s fault. If so, their liability insurance will help cover your expenses. What if they don’t have any insurance or don’t have enough to cover the total cost? That is where uninsured and underinsured motorist coverage comes in. If you have that as part of your policy, your insurance will cover the damage expenses that the other person caused.

Contact Fuhriman Insurance Agency

If you need toy insurance for your ATV, contact us at Fuhriman Insurance Agency in Boise, ID.

How much umbrella insurance should I get?

When getting the right amount of umbrella insurance coverage, you want to make sure you’re considering all the potential risks and liabilities that could occur. You don’t want to leave yourself or your family underprotected, but at the same time, you don’t want to overpay for coverage you may not need. That’s why working with an experienced agent from Fuhriman Insurance Agency in Boise, ID is essential – we can help you get the right amount of protection. 

What is Umbrella Insurance? 

Umbrella insurance provides extra liability coverage beyond what a homeowner’s policy or auto policy covers. If someone sues you for damages beyond what your current policies cover, an umbrella policy will provide additional protection for these losses up to its limit. This type of coverage is often used when liability claims exceed the limits of a person’s existing policies, such as auto and homeowners insurance. 

How Much Coverage Do I Need? 

It depends on your individual situation, but generally speaking, most people should consider getting at least $1 million in umbrella coverage. This level of coverage will protect you if someone sues you and wins a judgment against you that exceeds your existing homeowners or auto policy limits.

When deciding how much umbrella insurance coverage to get, there are several factors to consider, such as your income level and assets owned. It’s also important to consider any high-risk activities or hobbies, such as skiing or boating, that could increase your risk for liability claims. 

For more detailed advice about how much umbrella insurance is right for you in Boise, ID, contact an experienced agent at Fuhriman Insurance Agency. We can help determine what type and amount of protection fits your situation.