insurance

Do I need life insurance at 18 years old?

Posted on by AgentInsure

Life insurance is often misunderstood by many people, especially regarding its benefits and who should invest in it. Life insurance is something that individuals may choose to invest in at different stages of life and for various reasons. At Fuhriman Insurance Agency in Boise, we understand that life insurance can be confusing, which is why we are committed to educating our Idaho clients about its advantages.

What is life insurance?

Life insurance is designed to provide financial support to your loved ones in the event of your death. This financial support, known as a death benefit, is paid to your designated beneficiaries. Life insurance can be purchased for a specific period, referred to as term life insurance, or for your entire lifetime, known as whole life insurance. Whole life insurance often includes financial benefits that you can utilize while you are still living. Life insurance can cover a wide range of expenses, including final expenses and more.

I’m only 18. Do I need life insurance?

At first glance, 18 may seem like a young age to consider life insurance. However, there are significant benefits to investing in life insurance early. Purchasing life insurance at a young age often allows you to lock in a lower rate that remains affordable as you grow older and build your life. This can be a valuable financial advantage as you acquire assets, start a family, and advance in your career. Even if you don’t have a family yet, life insurance can help protect your financial assets and prevent financial hardships for your loved ones in the event of your passing.

Our Boise team is dedicated to helping both current and future clients understand the benefits of life insurance. We can assist you in exploring your options and answering any questions to determine if life insurance is a worthwhile investment, regardless of your age. Contact us today to learn more.

Do I need life insurance at 18 years old?

Posted on by AgentInsure

Life insurance is often misunderstood by many people, especially regarding its benefits and who should invest in it. Life insurance is something that individuals may choose to invest in at different stages of life and for various reasons. At Fuhriman Insurance Agency in Boise, we understand that life insurance can be confusing, which is why we are committed to educating our Idaho clients about its advantages.

What is life insurance?

Life insurance is designed to provide financial support to your loved ones in the event of your death. This financial support, known as a death benefit, is paid to your designated beneficiaries. Life insurance can be purchased for a specific period, referred to as term life insurance, or for your entire lifetime, known as whole life insurance. Whole life insurance often includes financial benefits that you can utilize while you are still living. Life insurance can cover a wide range of expenses, including final expenses and more.

I’m only 18. Do I need life insurance?

At first glance, 18 may seem like a young age to consider life insurance. However, there are significant benefits to investing in life insurance early. Purchasing life insurance at a young age often allows you to lock in a lower rate that remains affordable as you grow older and build your life. This can be a valuable financial advantage as you acquire assets, start a family, and advance in your career. Even if you don’t have a family yet, life insurance can help protect your financial assets and prevent financial hardships for your loved ones in the event of your passing.

Our Boise team is dedicated to helping both current and future clients understand the benefits of life insurance. We can assist you in exploring your options and answering any questions to determine if life insurance is a worthwhile investment, regardless of your age. Contact us today to learn more.

What Does Commercial Insurance Cover On Your Building?

Posted on by AgentInsure

Commercial insurance helps protect business owners from financial loss if something happens to their building. While building owners often have property coverage, it’s crucial to understand what is covered rather than assuming your insurance company will cover all damages.

Covered Perils

Every property insurance policy includes a list of covered perils. Commonly covered events include lightning, certain types of wind damage, fires, and other incidents. However, many policies exclude events such as hurricanes, tornadoes, floods, and other natural disasters. It’s important to discuss your policy with an agent at Fuhriman Insurance Agency in Boise to ensure you fully understand what is covered.

Additional insurance can be purchased to cover excluded events like floods or hurricanes. These specialized policies are designed to provide protection for damages that standard policies typically do not cover.

Building Coverage

Most policies cover structural components of the building damaged by a covered peril, such as the roof, floors, drywall, walls, doors, and windows. In some cases, coverage may extend to the parking lot, but this depends on the specific policy.

Many policies only cover the main dwelling, which may include attached structures. However, they often exclude detached structures, such as parking lots or storage sheds. Additional coverage can be purchased to protect these extra structures on the property.

Building Systems

Policies often include coverage for essential building systems, such as HVAC systems and fire safety systems. This can also extend to components like water heaters or furnaces. Generally, the policy will cover items necessary to make the building functional again.

It’s vital to speak with an agent at Fuhriman Insurance Agency in Boise, ID to understand the specifics of your policy. Contact us today to learn more.

Do I Need Pest Control Insurance for My Family-Owned Business?

Posted on by AgentInsure

Pest control businesses in Boise, ID provide essential services for property owners and commercial enterprises. Having the right insurance is a critical consideration for business owners, including family-owned operations. Fuhriman Insurance Agency is here to help you create a policy that protects your business effectively.

Pest Control Insurance: What It Covers

As a business offering pest control services to the public, the state requires your company to have liability insurance. Before obtaining a license to provide professional pest control services, you must show proof of financial responsibility.

There are three key areas where your company must have insurance coverage: general liability insurance, workers’ compensation insurance, and commercial auto insurance for any vehicles used for company operations.

The Risks of Insufficient Coverage

Operating a pest control business in Boise comes with unique risks, including the use of hazardous chemicals that can lead to spills or contamination. Having adequate coverage is essential in case a claim is filed against your business. Our agents can discuss the benefits of additional specialized coverage tailored to your needs.

Specialized policies may include liability coverage for professional negligence, environmental damage caused by pollution or fumigation, and damages that may occur during property inspections. You may also want to consider commercial property insurance, which provides protection for your business assets in the event of fire, theft, or vandalism. Coverage typically includes your business office, equipment, chemicals, and storage facilities.

Contact Fuhriman Insurance Agency

If you’re ready to secure a policy for your family-owned pest control business, contact Fuhriman Insurance Agency. Our knowledgeable agents are here to provide prompt service and help you get the coverage you need to operate safely and securely.

Do You Need Auto Insurance For Parked Vehicles?

Posted on by AgentInsure

It might seem unnecessary to insure a vehicle you don’t drive, but you may still need insurance for parked vehicles, including those stored in your garage. Here’s everything you need to know about auto insurance for non-operational vehicles.

State Requirements

Many states require insurance coverage for all registered vehicles, even if they are not being driven. If you fail to maintain insurance, you could face penalties such as fines or the suspension of your driver’s license. To ensure compliance, consult with a professional at Fuhriman Insurance Agency to determine the legal insurance requirements in the Boise, ID, area.

Penalties

Not having insurance for parked vehicles can result in significant consequences. You may lose your driver’s license, and the cost of insurance could increase over time. Some insurance companies impose penalties or additional fees if they discover a lapse in coverage during any period.

Insurance Discounts

While many people avoid insurance due to its cost, it may be more affordable than you think. You could qualify for discounts based on factors such as your age or an excellent driving record. Additionally, parked vehicles often qualify for lower insurance rates since they are not actively being driven.

Rather than risking fines or penalties by forgoing insurance, it’s often more cost-effective to maintain coverage. An insurance agent at Fuhriman Insurance Agency can assess your situation and help you find an auto insurance policy that fits your needs. Contact us today to learn more. We proudly serve the Boise, ID, area.