Located in the Southeastern corner of Idaho is the town of Ammon, which is just a short drive to the Wyoming border and more notably Yellowstone National Park. Ammon, ID isn’t a big town but there is still plenty to do and residents will undoubtedly need all of the forms of insurance people need when living or setting up a business in an American town these days. Below are some of the types of insurance you should look for through a company like Insure It All when living or working within Ammon, ID.

COMMERCIAL INSURANCE

If you are operating a business of any kind in Idaho, you will need a form of commercial insurance. Now the amount of this insurance and coverage of this policy will obviously vary based on the business you are running, as some will require more than others. But every business will need some kind of insurance to protect both the customers and the business owners from injury or lawsuits, as well as the items that are sold or used within that business itself if they are stolen or damaged.

AUTO INSURANCE

Driving in Ammon, Idaho requires insurance by law, but it is also just a generally good idea. There is bad weather, ice on the roads, major blizzards for half of the year which can lead to auto accidents, not mention moose and other large animals that can wander in front of your car on the highway. Better to have full coverage than end up paying a bundle to fix your vehicle.

HOME INSURANCE

With the inclement winter weather and constant threat of wildfires in the hotter, dryer months, having home insurance is also a must in Ammon, Idaho. Having full coverage on your dwelling will undoubtedly allow you to sleep easier at night.

Keeping your business running in Ammon, ID is a long and arduous process. If your place is damaged, you may be without an income for a long period of time unless you have commercial property insurance. Commercial property insurance is a policy for businesses that give you protection if your building is damaged from unexpected circumstances.

Types of Commercial Property Insurance

Basic Business Insurance – generally covers the cost of replacing or repairing the building if it has been ravaged by fire, weather, and other natural and unnatural causes.
Broad Business Policy – can offer coverage from common damages, such as those caused by structural collapse, leaks, and water damage.
Specific Business Insurance – excludes risks that are covered under your basic insurance policies. Floods, hurricanes, acts of terrorism, tornados, nuclear disasters, and other extraordinary occurrences can be covered under the specific business policy.

Other Commercial Property Insurance Options

Business Interruption – insures you if you lose your business income from risks outlined in your policy.
Off-Premise Coverage – is available for items that are carried off your property, but are still used for business purposes, such as cell phones and laptops.
Newly Constructed Space – should be insured separately for complete structural coverage.

Replacement and Actual Cash Value

Actual Cash Value – is the current value to replace your damaged property. If your place of business were completely destroyed by a fire, then you would receive the fair market value for your business.
Replacement Value – is the amount you would receive for replacing, repairing, or rebuilding your property.

For more information, check out the independent agents at Insure It All in Ammon, ID. Not only will they be able to assist you with commercial property insurance, they are available to research other policies that you may be interested in, including home, health, auto, and life.