Click to Call
Get Directions
If your business is like most, you have commercial insurance that covers your property, liability, and perhaps some other risks. Fuhriman Insurance Agency in Boise, ID, wants to help you understand the process of renewing your policy to ensure you have the coverage you need at a price you can afford.
Here are some questions to ask yourself as you begin the renewal process:
1. Have You Changed Your Location?
When you move your business, you may face new risks, and your old policy might not cover them. Please make sure you tell your insurance agent about any changes in location so they can help you find the right coverage.
2. Have You Changed Your Hours of Operation?
If you’ve changed the days or hours when your business is open, that could affect your insurance needs. For example, if you’re now open later at night, you may need more liability coverage in case a customer is injured on your property.
3. Have You Added Any New Employees?
You may need to add or adjust your workers’ compensation insurance if you’ve added employees. You may also need to update your liability coverage if your business poses a greater risk of injuring someone.
4. Have You Purchased New Equipment?
If you’ve made significant purchases, like new vehicles or expensive machinery, you’ll need to ensure your insurance policy covers those items.
5. Have You Changed Your Business Model?
Business operations that were once low-risk may now pose a greater liability. For example, if you’ve started selling products online, you may need to increase your product liability coverage.
Make Your Business Insurance Renewal a Breeze With Fuhriman Insurance Agency
At Fuhriman Insurance Agency in Boise, ID, we understand that renewing your commercial insurance policy can be daunting. But with our help, it doesn’t have to be. We’ll work with you to understand your business’s evolving needs and find the right coverage at the right price. Contact us today to get started.