renters insurance

Power Failures and Renters Insurance: What’s Covered

Posted on by AgentInsure

Power outages can occur in Boise, ID, at any time for a variety of reasons. They can last several hours to several weeks, depending on the severity. While many use the downtime to figure out how to navigate and recover from it, one overlooked option is their renters’ insurance from Fuhriman Insurance Agency.

Is Renters’ Insurance Reliable During a Power Outage?

It depends on what caused the power to go out and what happened during the outage. Renters’ insurance policies typically cover the following causes:

  • A lightning strike to the rental location or electrical equipment nearby
  • High winds breaking power lines or damaging electrical equipment
  • Damage to nearby power lines caused by an object falling on them
  • Electrical system destruction caused by fire

Power outages caused by flooding are typically covered under flood insurance policies. If you’ve added earthquake coverage, you would have protection for outages caused by earthquakes. However, renters’ insurance typically does not cover power grid failures, utility company issues, or outages that occur outside the coverage area.

What Does Renters’ Insurance Cover During a Power Outage?

Acceptable situations covered in your renters’ insurance policy include temporary housing and spoiled food. For spoiled food, the average reimbursement is $500, though this amount varies by carrier. For temporary housing coverage—such as hotel stays, laundry, storage, and meals—the rental area must be deemed uninhabitable. If you qualify, coverage will remain in effect until you secure another permanent rental place to stay.

Do Both Guidelines Need to Be Met for Coverage?

Yes, coverage requires that both the situation (spoiled food or living arrangements) and the acceptable cause listed above occur during the outage period.

While renters’ insurance has its limitations, the advantages outweigh the disadvantages. Fuhriman Insurance Agency partners with several renters’ insurance carriers to suit your needs. Whether you’re switching carriers or taking the first step toward renters’ insurance, we’re here to help. Contact us or visit our office in Boise, ID, for more information.

The Benefits of Renters Insurance for College Students

Posted on by AgentInsure

College life is full of firsts—your first apartment, your first taste of independence, and, unfortunately, your first encounter with unexpected expenses. As exciting as this new chapter can be, protecting yourself and your belongings is important. For college students, renters insurance is a simple and affordable way to create a safety net. At Fuhriman Insurance Agency, we provide renters insurance throughout Boise, ID, and we understand the unique needs of students and are here to help you stay prepared.

Protection for Your Belongings

Consider everything you own—your laptop, phone, clothes, furniture, and even that gaming console you love. Now imagine what it would cost to replace all of it if a fire, theft, or another disaster struck. Renters insurance ensures you won’t have to drain your savings to replace your belongings. It can help cover the cost of damaged or stolen items so you can bounce back quickly without added stress.

Coverage Beyond Your Belongings

Renters insurance isn’t just about protecting your stuff. It also provides liability coverage, which can save you from expensive bills if someone gets injured in your apartment or if you accidentally damage property that doesn’t belong to you. As a student, the last thing you need is a financial setback that could have been avoided with the proper coverage.

Affordable and Easy

Renters insurance is a great budget-friendly option. For a small monthly payment, you can enjoy the peace of mind that comes with knowing you’re protected. It’s a wise investment, especially for students living off-campus.

Please don’t wait until it’s too late. Contact Fuhriman Insurance Agency in Boise, ID to learn more about renters insurance and how it can benefit you. We’re here to help you protect what matters most.

Coverage For Disasters You May Experience While Living in Your Rental

Posted on by AgentInsure

Living in a rental comes with risks similar to those homeowners face. Therefore, it’s important to have adequate insurance protection throughout your tenancy. Let’s review some categories that may encourage you to acquire a rental insurance policy.

Protection from Natural Weather Events

Natural weather events could lead to the destruction of your rental. If the structural materials of your rental are compromised, the contents within could become damaged.

Items of value that you’ll be storing within your rental unit should be added to your rental insurance policy. This coverage will provide protection during unforeseen weather events you may encounter in the future.

Coverage for Household Failures

Household failures could cause an injury within your living space. For instance, an improperly installed bookcase or shelving unit could fall and injure someone. Liability protection will cover incidents for which you are held liable.

This coverage will reimburse you for out-of-pocket costs that you incur during court proceedings. Such protection will prevent you from needing to spend your hard-earned cash on medical bills and other expenses that result directly from someone being injured in your rental.

Security Against Criminal Activity

Criminal activity that occurs within your rental could result in the vandalism or theft of your property. Personal protection insurance will protect your belongings. This type of protection will cover the cost of repairing or replacing items that you currently own.

Additional Insurance Information for Idaho Residents

Are you ready to review some insurance products designed for renters? If so, contact one of our Fuhriman Insurance Agency representatives at a time that works for you. An agent who serves Boise, ID, will be glad to schedule a consultation for you, which will provide you with additional information.