Why should I get renters insurance in Idaho?

The Boise, ID area can be a great place to move to and live. If you are coming to this area, you should think about renting a home instead of buying. When you rent here, you will have more flexibility to move into a new home, which will give you more of a chance to explore the area. When you are going to rent a home here, you also need to get proper insurance. There are several reasons you should get a renters insurance policy here. 

Required By Landlord

One of the reasons to get renters insurance is that it is going to be a lease requirement. Landlords know that a renters insurance policy provides important coverage to a tenant, which indirectly benefits a landlord as well. Due to this, they will usually require that all tenants maintain insurance throughout the term of the lease. Most landlords will ask for evidence of insurance before the start of the lease term. 

Gives Valuable Protection

Another reason that you should get a renters insurance policy is that it can give you some very valuable protection. When you get a renters policy, it will give you coverage for all of your personal assets, which could be lost if you are a victim of theft or fire. Additionally, you are going to receive some liability coverage, which is helpful if there is an accident or other situation that results in property damage or injuries.

As you are looking for renters insurance in the Boise, ID area, it would be a good idea to call Fuhriman Insurance Agency. The team at the Fuhriman Insurance Agency can provide you with advice on how to get into a policy that will give you valuable coverage. This will also ensure you are in full lease compliance. 

Does renters insurance cover renter-made changes to the apartment?

When you build a bookcase inside your Boise, ID apartment or replace fixtures to update the place, you put your stamp on your domicile. Although you rent, if you have lived there long-term, it probably feels like home. You need to know which of your changes your renter’s insurance from Fuhriman Insurance Agency covers and which you need an add-on to cover.

Your renter’s insurance covers all of your personal property. If you could pick it up and take it with you, it gets covered. That applies to things you can unscrew, too. That means the light fixtures, drawer pulls, cabinet hardware, etc. that you purchased and installed without reimbursement from your landlord gets covered by your renter’s policy if damaged or destroyed.

If you built-in a desk or bookcase, that gets trickier. Sure, you bought the materials and built it, but you made it a permanent improvement to the apartment which you do not own. It became a permanent part of the structure which is not covered by a typical policy. You can make an add-on to your policy though to cover these unusual items, much as you would for high-end hobbyist equipment or business equipment.
A renter’s insurance policy covers your personal belongings, liability, and additional living expenses. It does not cover the structure. That falls under the landlord’s homeowner’s policy.

Some damage will not get covered by your renter’s insurance regardless. That is damage caused by a flood anywhere in the US plus damage caused by earthquakes in some states or hurricanes in others. For instance, in Texas, you must obtain a wind policy separate from renter’s or homeowner’s insurance to cover hurricane losses.

Understanding your renter’s insurance policy helps protect your personal belongings better. Contact Fuhriman Insurance Agency serving Boise, ID for more information on renter’s insurance.

Does Every Roommate Need Their Own Renters Insurance?

By default, a renter’s insurance policy only covers the policyholder’s possessions. A home insurance policy will cover possessions for everyone in the home and, in some instances, even the possessions of short-term visitors. But a renters policy in Boise, ID only applies to the person holding the policy.

That said, you can list roommates on your policy. If a pair of roommates want to go in on a renters policy together, that’s certainly an option. There will need to be a primary policyholder, but they can list their roommate, and divide the premiums between the two of them.

This arrangement might not always be logical, however. It doesn’t take much work to add someone to a policy or to have them removed from a policy, but remember that the nature of a roommate situation is, almost by definition, temporary. It’s not unusual to rent a room out to someone only to have them leave without notice halfway through the next month. Even longtime friends and family members may only need a place to stay for a few weeks, in which case it might be a little more hassle than it’s worth to get them covered on your renter’s policy when they might not even stay long enough to move all of their stuff in the first place.

If you have an ongoing arrangement with a roommate in Boise, ID, there’s no reason not to split the bill from Fuhriman Insurance Agency, but exercise some caution when agreeing to such an arrangement. If you’re still shopping around, give Fuhriman Insurance Agency a call and see what they can do for you in your new apartment.

Why You Need Renter’s Insurance

Many renters in Boise, ID like not being tied down to a particular place. They are not responsible for a mortgage, taxes, home repairs, and home maintenance costs because the homeowner pays for all of that. However, one expense that renters should never forget is renter’s insurance. Every renter should purchase renter’s insurance from Fuhriman Insurance Agency.

Homeowner’s Insurance Won’t Cover Everything

Suppose something goes wrong at your rental unit. Maybe there’s a fire or a bad storm. What happens if the home is a total loss? The landlord, with his insurance, can pay to repair the house or apartment. His insurance will repair damages and replace appliances that were destroyed. However, his insurance will not cover the loss of your possessions. Everything that you have in the home, your furniture, your jewelry, or your electronics, will not be replaced by the homeowner’s insurance. Only the structure itself is covered by the landlord’s insurance policy.

Burglary or Vandalism

If you have a break-in, the homeowner’s insurance policy will only cover the repairs needed to the home. So broken glass, splintered doors, or vandalized walls will be repaired. But, this insurance policy will not cover the loss of your possessions in the event of a burglary. All of the money that you have invested in your possessions could be lost if you do not have renter’s insurance. You will have to pay out of your own bank account to replace these objects.

Loss of Use Coverage

If the home is damaged to the point that you cannot live in it until repairs are made, what will you do for a place to live? Some renter’s insurance policies will provide "loss of use" coverage to provide you a place to stay until your rental unit is available, keeping you from having to scramble to find a place to live for several weeks. 

If you have questions about rental insurance in the Boise, ID area, contact Fuhriman Insurance Agency today.

Does Renter’s Insurance Cover Damage To Other Units If You Are Liable?

Renter’s insurance is a product designed to help protect people from losses outlined in the policy such as fire or theft. Most people who rent a space to live in or store their personal items know that renter’s insurance is highly recommended to protect from losses, but does that mean that it covers damage to other units? 

Renter’s Insurance Coverage

Renter’s insurance can cover policyholders in a variety of different ways. Typically, a renter’s insurance policy will also cover damage to units surrounding the one used by the policyholder. This is a great way to provide a layer of protection from potential disastrous losses. Always make sure that an agent carefully explains the terms and conditions to help discover how much protection a policy is able to offer. Considering a few different options may be wise because not all renter’s insurance works the same. 

Work With An Established Agency

When working with an insurance agency, you want to make sure that they are established and have customer services oriented agents who can work closely with clients to help them discover options that work best for them. Anyone who is renting in or around the Boise, ID area is encouraged to check out Fuhriman Insurance Agency and let their helpful agents provide sensible options designed to offer the maximum amount of protection. 

When considering renter’s insurance, it is important to know what options are available by having access to professional agents with experience. Resident in and around Boise, ID should call or stop by Fuhriman Insurance Agency to speak with an agent for more details.  

 

How Much Renters Coverage Do I Need?

When it comes to understanding renters insurance, knowing what your insuring is easy. Your stuff. The hard part comes when trying to figure out how much protection you need. At Fuhriman Insurance Agency in Boise, ID we want to make sure you have you have the right amount of renters insurance. 

So here’s the thing, you may think to yourself, why do I need an exact dollar amount or I’ll just pick a high amount get newer, better stuff. Sure that sounds good. But, insurance companies aren’t going to pay a claim without proof that you had the items you are claiming to be damaged or stolen. 

Whatever the case may be.   They also don’t really care about sentimental value, sure Grandma Rose may have knitted you that sweet afghan, but it’s only worth what you could buy a new blanket for. 

When it comes to contents insurance, you want to pick an amount that truly represents your belongings. If you choose too much insurance, you will be overpaying in your monthly premiums, but not enough coverage and you will be out when it comes to claiming time.

Okay, so now you may be asking, how do I value all of my personal belongings? How much is my stuff worth?

Now, this may take a bit of time but, is totally worth it.  Maybe invite a friend over to help, and make it fun. There are several ways you can figure out how much your the contents of your home is worth. You can make a list of the items in each room, then go back and value those items.  Basically shop for that item online, once you find the cost of replacement, put the value next to the item. Now, this is probably the most time-consuming method, and then you have to find a safe place to keep the inventory.  Or you can try a home inventory app. These apps keep the list of your belongings in one place, and you can even add photos. Making it super easy to communicate with the insurance company if you ever have a claim. 

Fuhriman insurance agency in Boise, ID makes it easier to protect the things that are important to you. 

What is Renters Insurance?

Most Boise, ID renters often think that their landlord’s insurance coverage will cover their possessions, but that isn’t the case. The landlord’s policy is designed to cover the building itself – it may not protect your personal belongings or cover injuries you or your guest might sustain within the structure. This is where the renter’s coverage from Fuhriman Insurance Agency comes in.

A renters insurance plan protects your personal property in a rented home, apartment, or condo from unexpected circumstances. Your carrier will pay you for damaged or lost possessions. This policy can also protect you from liability if a person gets injured on your property. Renter’s coverage resembles a homeowner’s insurance policy, with the exception that it doesn’t offer coverage for the house itself or other structures.

How it works

When you suffer a covered loss in your rented space, your renter’s coverage will help to cover the expenses. The amount you will get normally depends on the loss you have incurred and the coverage amount you have. Note that there are two main coverage options under a standard renter’s policy: Replacement Cost and Actual Cash Value plan. The Actual Cash Value plan will pay you for the exact value of the possessions at the time of loss or damage while the Replacement Cost plan will cover the expenses for replacing the damaged or lost items.

What will renters insurance cover?

This coverage protects the destruction or loss of your personal belongings when a covered risk occurs. This may include risks like theft, hail, vandalism, lightning, fire, windstorm, or a frozen plumping system. You can always get additional coverage depending on your needs, so talk to your insurance agent first.

If you are searching for a renter’s insurance policy in Boise, ID, contact us at Fuhriman Insurance Agency. We will help you get a coverage that’s designed to suit your requirements.

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

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!

Your Car: Is It Covered By Renter’s Insurance?

At Fuhriman Insurance Agency, we have seen just about every kind of problem that could affect a homeowner. One that is sadly common is losing a rented home through a fire, including the vehicles parked in the garage. Will your Boise, ID renter’s insurance policy cover your car?

Sadly, Your Car Is Not Covered

Renter’s insurance will not cover vehicles or cars that are damaged as a result of any circumstance. In fact, most policies will expressly state that they do not cover this kind of damage. While this can be a frustrating situation, it is understandable. It would cost the company too much to pay for your car repairs.

There is one instance, however, in which renter’s insurance may cover your car damage. That is if your car is used to service the residence, rather than being used on the road. This situation can be confusing to understand, though, so it is vital to discuss how it works.

When Renter’s Insurance Covers Your Car

As mentioned above, renter’s insurance will cover your car’s physical damage if the vehicle is used to service the home. This means that the vehicle is used only on the property and to service it. For example, if you live on a piece of rented property and you own a truck that you use to do farm work, then it is likely to be covered by renter’s insurance.

The tricky part of this is that your vehicle cannot be used for any roadworthy purposes. In fact, it can’t even be registered to drive on the road at all. In this instance, your vehicle is considered part of the property and is covered. Otherwise, renter’s insurance does not cover your vehicle.

Covering Your Vehicle And Home

Don’t hesitate to contact us at Fuhriman Insurance Agency today if you live in Boise, ID or in the surrounding area. We will provide you with the high-quality help you need to protect your vehicle and your rented home from serious damage.

Ways To Improve Your Rental

As a renter, there are not many things that you can do to improve a property. This is simply because you do not own it and cannot make any permanent changes without approval from your landlord. There are a few ways you can make improvements to the property without making permanent changes. These improvements can make the home reflect your personality more while you live there. Follow these tips to make your rental more appealing!

  • Add a mirror to a room that may feel small. Adding a large mirror in a corner of a room can really open up the space. This will need to be a mirror that you can stand up on the floor so you do not make any actual changes to the rental. 
  • Use a colorful rug to hide ugly flooring. Sometimes in rentals, you do not get brand new carpet or flooring before moving in. If you do not like the look of the flooring, cover it up with a rug of your choice.
  • Add some plants to bring life to the property. It is amazing what a few plants can do to the look and feel of a room. If you want some more life in a room, add some plants, even if they are fake.
  • Consider painting a wall or two. You will want to check with your lease but if you can paint the walls, as long as you repaint them the generic color upon move-out, do it! You may want to consider just painting an accent wall for a few rooms.

If you are renting a property, you should be insured. If you do not currently have rental insurance, contact Fuhriman Insurance Agency serving Boise, ID, to get a quote for a policy that fits your needs.