Why Your Small Business Needs Commercial Insurance

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.

 

Farm Insurance Basics: Protecting Today’s Farmers for Tomorrow

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!

What Does Workers Comp Insurance Cover?

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. 

When Your Toy Is Your Livlihood: When Your Vocation Includes Your Recreational Toy

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.

Why Idaho residents need flood insurance

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!

What is Group Benefits Insurance

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.

 

Tips to get you Through the Cold and Flu Season

According to the Centers for Disease Control (CDC), “Seasonal flu viruses are detected all year round and the flu season activity begins as early as October and can last until May, with the peaks between December and February.” That’s why it is recommended that you have health insurance from Insure It All to get a flu vaccine yearly in Idaho Falls, ID and to prevent colds and the flu with the following tips.

1. Get a flu shot to reduce your chance of getting the flu by approximately 60% when the peak of cold and flu season arrives. Alternately, there are also nasal mists of the flu vaccine that work as well as an injection.

 2. Diligently wash your hands and make sure your children do too. Our hands come into contact with many surfaces throughout the day that may have germs on them. It’s a good idea to keep an alcohol-based hand sanitizer at your fingertips while at work and at home. Remember never to touch your hands to your face when you and your family are on the go.

3. Tidy up your home and office in Idaho Falls, ID to reduce the germ-breeding capabilities that clutter harbors. You can wipe your laptops, keyboards, tablets and phones with anti-bacterial wipes before you use them to get rid of germs before you touch these items to protect yourself and your family.

4. Throw out the toothbrush of a family member that has a cold or the flu. This is one of the easiest manners to keep from re-infected a person that has been ill from a cold or the flu.

5. If you are a coffee drinker, replace your coffee with tea. It has antioxidants to flush toxins out of your body and the warmth stimulates your breathing to help flush out germs. Adding honey will help fight colds with its antibacterial properties and lemon has vitamin C to help loosen mucus.

6. Listen to your body and when you first start feeling under the weather, visit your doctor for fast relief.

We at Insure It All realize that it can be difficult to find the right health insurance and we are here to help you. Call us or come by the office to find out more about our health insurance plans for your family.

A Primer on Life Insurance

Life insurance protects your loved ones in the case of your sudden death. The Insure It All policy pays out a specific amount of money to the beneficiary that you name when you pass away. The money provided can pay hospital bills, funeral costs and provide money for the future cost of living expenses for your family members.

Who Should Buy Life Insurance?

If you are just starting your career and you are young and have no dependents and no assets yet, you may just want to get a small insurance policy through your work if it’s available. That should be enough to cover your burial expenses in the event you die.

After you get a bit older in Ammon, ID and are making more money in your career, you should consider getting life insurance, especially if you have a child or a spouse. When you die, your family will need the money for their expenses so they are financially taken care of without your salary coming in to pay bills. This is also true if you have guardianship of a younger spouse or relative.

Term Life Insurance

Term life insurance typically has less expensive rates than whole life insurance. Term life insurance is for a certain term or number of years. You simply choose the term at a set price. Most commonly, people choose a 5-, 10- or 20-year policy. If you are still alive at the end of the term, you can simply purchase another term life policy.

Whole Life Insurance

Whole life insurance policies are cash value policies that you purchase once and they last until you die. Cash value is seen as an investment because you can withdraw money out of the policy or borrow against the amount while you are still living.

Our staff at Insure It All can help you to decide which type of life insurance is best for you. You can call us or come by the office to speak to a knowledgeable agent in Ammon, ID.

Pets and Home Insurance: What Damage Does It Cover?

Being a pet owner in Idaho Falls, ID is often a rewarding experience but can be frustrating if your pet has destructive urges. At Insure It All, our customers often come to us with home insurance policy claims for dog damage and ask “can you cover this?”

Well, let’s get the bad news out of the way right away. In most cases, your home insurance will not cover damage to your home caused by pets. For example, if your pup chews through the wood surrounding one of your door frames, that damage is not covered by your policy. Most policies will also not cover personal property damage, such as a broken television.

The reasons for this lack of coverage are simple to understand. First of all, personal property insurance is designed to go into effect when devastating and unpredictable events – such as a fire – happen. A dog chewing your rug is considered typical damages and something to which you contributed simply by owning a pet.

This situation is often referred to as “known risks,” which means that you take on the risk of damaged carpets simply by owning a pet. Therefore, the damage they cause to the home is something that you understood simply by owning the dog. However, there are situations in which your liability policy will protect you from the actions of your dog.

For example, if your pet bites a friend or destroys somebody else’s property, then your liability coverage will protect you by paying for those damages. It might seem strange that insurance will pay for damage to somebody else’s fence or home – and not your own – but that’s the purpose of liability coverage. These policies are designed to protect you in instances when you are liable for damage to another’s property or person.

And as the pet owner, you are considered liable for any injuries that they cause. So if you are confused about the differences in coverage and own dogs, please don’t hesitate to contact us at Insure It All to get coverage in the Idaho Falls, ID area.

Why Is Commercial Insurance Important for Your Business?

Commercial insurance is one important investment any business can make. Such policies will protect your business against severe loss when it comes to your financial health. Such incidences may be critical to a business since they may the difference between staying afloat and going under in an event a lawsuit has been filed.

Therefore, every business needs commercial insurance to cushion it against such claims and lawsuits. The reality of the matter is; you never know what might come up.

Drive worry-free by investing in the right commercial companies from professionals such as Insure It All. This way, when something happens, you will be prepared. Are you still not convinced? Read below to understand why this is the right choice for your business.

Accidents Can Happen Anywhere

Anything can happen in your business. Anyone living in Idaho Falls, ID can attest to this. And indeed anyone in the world. Can you be sure that no one will slip while coming up your stairs or trip over a cable and fall in your business? Have you ever thought what will happen when a person is hurt in your business premise? Odds are you won’t have enough money to cater for the medical bills.

Commercial insurance will take care of such expenses. With this insurance, your business will cover the medical bills and any other expense that may accrue.

Disasters Strike When You Least Expect It

While this may never happen, and we truly wish it doesn’t befall you, catastrophes may strike and will hit when you least expect. How will you take it when you drive up to your business one day only to find the door smashed and all your business property is stolen? What if you wake up to the news that your business went up in smoke? You will suddenly be ambushed with thousands of dollars in expenses.

Commercial insurance will easily cover such losses. You will not have to stress over such instances. All you need is to get an insurance cover for your business and you will be ok. In case you are in Idaho Falls, ID and you need more information on commercial insurance, contact your local professional such as Insure It All to help you through.