Why Your Small Business Needs Commercial Insurance

If you’re the owner of a small business, you know how important it is to protect all the hard work you put in day in and day out. While you likely already have a property insurance policy, it’s important to have a solid business commercial insurance policy in place as well.

Here’s why commercial insurance matters: 

– Commercial insurance doesn’t just protect you- it protects your employees as well. If something happens to your business, you want to make sure that your employees aren’t left high and dry. While basic commercial insurance is necessary for any small business, you may also need additional commercial insurance coverage.

– You already have auto insurance, but if you drive at all for your business, you need commercial auto insurance as well. Your personal auto insurance policy is not enough to cover your vehicle(s) used for business. 

– Running a business online? In today’s day and age, it’s key for you to have commercial cyber insurance to make sure you’re protected in case your symptom gets hacked. 

– If you have employees, you need workman’s compensation insurance. When purchasing your commercial insurance policy, be sure that you have an amount of workman’s compensation coverage that makes you feel comfortable. The more employees you have the more workman’s compensation insurance you’ll need.

Call Insure It All, Serving Idaho Falls, ID

If you’re interested in making sure that your small business is fully covered with commercial insurance, Insure It All is here to help. Stop into our office, serving Idaho Falls, ID, to talk with one of our agents about protecting your small business.

Farms need to be protected with farm insurance.  If you are producing a large garden as a hobby, there is the potential that your home insurance policy will cover it.  It may cover some of the equipment and outbuildings.  If you decide to start selling at the local farmers market or are farming professionally, a farm insurance policy will be needed.  The agents at Insure It All work with all types of farmers in the Idaho Falls, ID area to get them the coverage they need. 

For those running a hobby farm, there are specific policies.  To be classified as a hobby farm, it must be less than 500 acres with no employees.  Also, the maximum annual earnings must be less than $10,000.  For full-time farmers, farm owner’s policies include property insurance and liability coverage. Special amendments can be added to address the unique features of the farm and its operations.  As every farm is different, the coverage reflects these special aspects of the operation.

Two areas you may want to consider are crop insurance and livestock insurance.  These are similar policies and are partially funded by the US Department of Agriculture.  There are two types generally offered:  Individual and Blanket.  Individual coverage is usually used for high-value animals that need to be covered for a specific amount.   Blanket policies will cover the entire farm including equipment, livestock, and buildings in one policy.  It is important to ensure correct values when using a blanket policy.  Being underinsured could present difficulties in the future.  The team at Insure It All work with farmers throughout the Idaho Falls, ID area.  Visit their website for general information then come into their offices.  Their agents will get the coverage needed to protect your farm today!

Workers compensation is required in Idaho Falls, ID and will cover expenses that are related to an employee’s work-related injury or illness. It can cover immediate costs, as well as long-term costs. There is also a portion that will cover legal fees if an employee is suing your organization.

1. Medical Costs for Immediate Illnesses and Injuries: While a business should take every precaution to prevent illnesses and injuries, accidents can still happen. When an employee does get injured, an employer is usually responsible for covering the cost. Workers comp insurance can pay for the emergency room visit, ambulance ride, and other medical bills.

2. Lost Wages: If an employee has an accident and he or she can’t work for a while, you may still be required to pay a portion of their missed wages when they are in recovery. This may also mean you still need to find, train, and pay for a temporary replacement worker. Missed work can be a huge expense, so workers comp can reduce this financial burden. When choosing a policy, you have the option of a fixed dollar mount or to cover a percentage of lost wages. Ask an agent at Insure It All to figure out what is best for your business.

3. Ongoing Care: If an injury is severe and the employee needs ongoing care, these policies can cover the cost.

4. Death Benefits: If there is a tragedy and it ends with an employee’s death, insurance can cover funeral costs and death benefits for support payments to the employee’s dependents. These benefits can be useful if you work in a high-risk industry.

5. Legal Costs: If you face a lawsuit because of an injury, your worker’s comp policy can cover the associated fees.

Contact Insure It All, serving Idaho Falls, ID, to get a quote on workers comp insurance. 

The term toy insurance is basically an oxymoron. When you think of a toy you think of being a child and being carefree. Conversely, when you think of insurance you think of being an adult – a responsible adult. The professional staff that you will encounter at Insure It All knows exactly how to bring the two together beautifully. You love your toy and you enjoy getting out there and playing it or playing on it.  

Getting paid to do what you love is awesome. Whether you are a jet ski instructor or if you give tours a board your  ATV  you have managed to combine your recreational hobby with a paycheck. Let us help you keep your focus where it needs to be, on your business, by protecting your toys and your commercial laibilities and concerns sufficiently. You are able to make certain that you are a responsible business owner. Sit down today with an agent who can advise you on how to protect your toys through toy insurance as well as protect your business. We can sort out the interlocking facets of your business and write your policy including its recreational, toy and commercial insurance features. 

Located in scenic Idaho Falls, ID, Insure It All can be found at 919 South 25th East. Idaho Falls ID 83406. If you’d rather give us a telephone call please contact us at 208-522-3388. Our agency has a distinction of servicing each state in the United States of America. So not only do we Insure It All we also can "Insure it Everywhere" As a result our agents are knowledgeable in the insurance laws and practices that cover the entire country. Take advantage of our knowledge today by contacting us.

Flood insurance does not typically come as part of your primary home insurance policy, and Idaho residents are wise to carry additional flood insurance. In fact, there are areas of the state where this insurance is mandatory. However, even if you do not live in a flood plain, there are a number of reasons why flood insurance should be a part of your comprehensive insurance portfolio. The team at Insure It All is proud to serve the greater Idaho Falls, ID area and provide our friends and neighbors with the insurance coverage that they need. Don’t be left exposed in the event that flood waters cause damage to your family home!

Why flood insurance is a good idea for Idaho residents

Water damage can cause a lot of upheavals when it affects your home, and damage from flood waters can be even more extensive. Don’t be caught without the coverage that you need! Flood insurance can cover you in the event of the flash flooding that can occur during heavy rainstorms that occur quite often in Idaho.  Run-off waters from storms can cause damage to your foundation in addition to the mess that standing water can create. If you want to protect your home and family from the disruption that these events can cause, we recommend that you add flood insurance to your primary home insurance policy. This coverage can provide you with the peace of mind that comes with knowing you will be covered in the event of a flood in your area. 

Now is a good time to learn more about the benefits of flood insurance and review your policy options. Call or stop by Insure It All and find out how we can help you protect your Idaho Falls, ID area home today!

Insurance is something that can be difficult to understand, knowing what something like group benefits insurance is can help you determine what type of insurance is right for you. All in all, group benefits insurance is a great way to get a good rate on insurance. For those that live in the Idaho Falls, ID area, the agents with Insure It All can help.

Group benefits insurance is a coverage that is offered by many employees. The insurer can get a break on premiums and overall costs with the more people that sign up for the group. Group benefits are often those that are offered in office settings or in workplace settings where there are a large number of people that need coverage all at once. In most cases, insurance companies will offer discounts for employers that seek to insure a large group of employees all at once.

Group benefits insurance is fantastic for those that work at a place of work with a great number of people as they will get a discounted rate for their own policy based on how many people are in the group. For high-risk jobs like firefighting and police, the cost may still be somewhat high but having a larger number of people insured can still help to reduce the overall costs. Group benefits insurance is great for both the employer and the employee as it does offer a discounted rate for something that is necessary in any case. Group benefits vary from insurance company to company and you should take the time to speak with an agent to see just what your group policy covers.

For those in the Idaho Falls, ID area, the agents with Insure It All can help you to find the policy that works for you quickly and easily.