Are you getting ready to move into a new condo that you have recently purchased? If so, consider the condo insurance coverage you may need throughout your ownership.

Temporary Living Expenses

If you encounter a situation that will require you to live outside the condo on a temporary basis, you will be responsible for the cost of securing an alternate residence. Your condo insurance policy can cover temporary living expenses. The insurance coverage will reimburse you for the cost of staying in a hotel or another type of dwelling. It will also cover out-of-pocket costs for food and other essentials you need while you are unable to occupy your condo.

Structural Materials

As a new condo owner, you will need to familiarize yourself with the responsibilities of the condo association that oversees the property where your condo is located. The paperwork the association furnishes you with will outline the property for which the association is responsible. Interior walls, flooring, and ceiling materials that comprise your condo may be your responsibility. The structural materials that you are responsible for maintaining should be added to your condo insurance policy.

Personal Possessions

Furniture, clothing, and household goods can be added to your condo insurance policy. Before your insurance documents are prepared, inventory the items you plan on storing within your condo. Take into account if any of the items are at risk of being stolen or vandalized. Assess the risk of a weather event destroying your possessions. Plan on insuring items of value that would be difficult to repair or replace.

Condo Insurance Plans in Idaho

Contact an agent who serves Sandpoint, ID. One of our agents at Selkirk Insurance Services will prepare your new condo insurance policy.

Farmers and ranchers have unique needs, and this is especially true in Sandpoint, ID. This is why the insurance policy that protects your property and its operations should not be the same as those used by neighboring properties. Customizing your insurance policy is crucial in getting suitable protection for your operation. Selkirk Insurance Services is here to assist you.

Primary Areas of Protection

While all policies may differ based on individual needs, there are four main categories of coverage for a farm or ranch policy. These are:

• Your personal home, its contents, and other buildings for personal and family use
• Ranch work-related buildings
• Property housed inside ranch structures
• Liability

The home portion of your policy will provide some liability coverage for guests within that structure. However, this provision is distinct from the liability coverage for your farming and ranching operations. In addition to your home, remember to account for all other buildings, including barns, silos, and the like, associated with your farming operation. This section also covers equipment like tractors, plows, balers, etc. Insurance coverage for these high-value items is crucial should they get damaged.

Add Provisions That Address Your Operations

Many farming operations in Idaho have substantial livestock counts. Additionally, crops also need coverage. Basic policies won’t include them, but raising livestock or growing crops aims to sell them for profit. Adding a rider will enable you to cover specific risks to horses, cattle, chickens, and more or have crop-specific coverage. You might also want to consider including a disruption of farming operations provision to cover loss of income and expenses related to a covered loss. Finally, farming and ranching equipment pose considerable dangers. Adding an umbrella liability policy can help save your business from a catastrophic event.

Let the experts at Selkirk Insurance Services, serving the Sandpoint, ID community, and surrounding areas, help you customize your farm or ranch policy. Don’t delay. Contact us today to get started.

Many owners of religious establishments don’t realize that there’s insurance tailored specifically for their needs – religious institute insurance. This specific type of insurance bundles several coverages to meet the requirements expected from a religious institution’s protection needs. If you’re in the Sandpoint, ID area, we encourage you to contact one of our professionals at Selkirk Insurance Services for a detailed explanation of what this insurance can offer. Here’s an overview of what a typical religious institute policy covers.

What is Religious Institute Insurance?

Religious institute insurance is a specialized policy designed to meet the unique needs of religious establishments. It provides safeguards against a range of risks, from physical property damage to financial liabilities. However, it’s worth noting that religious institute insurance may not be suitable for every institution.

What Does it Cover?

Religious institute insurance is a comprehensive policy providing wide-ranging protection for institutions. Instead of purchasing separate coverage for each kind of risk, this insurance offers full-spectrum protection, ensuring your institution is entirely covered. While the specifics of coverage vary between insurance providers, they generally cover the basics. Here is some potential coverage provided by this insurance:

• Liability
• Medical
• Property damage
• Fine art
• Business automobile
• Employment practice liability

What Type of Institutions Are Covered

While churches might be the first type of establishment that comes to mind when thinking of religious institutes, religious institute insurance aims to be inclusive. It covers a wide array of institutions, including temples, mosques, synagogues, and even schools. Essentially, any institution operating on a religious premise qualifies for this coverage, further validating their valuable societal contributions.

The Bottom Line

Don’t hesitate to reach out if you’re in the Sandpoint, ID area. Our representatives at Selkirk Insurance Services can help you determine if religious institute insurance is the right choice for your institution. All you need to do is contact us today.

Wedding insurance will protect against unforeseen events that could delay or cancel your wedding ceremony. Learn how this type of coverage could benefit you. Then, conduct a wedding ceremony assessment to assist with preparing your insurance policy.

Wedding Issues

• Extreme weather
• Sicknesses
• Venue cancelations
• Food shortages
• Inventory mistakes or shortages
• Transportation issues
• Clothing damage
• Personal possession theft

Overview

Wedding insurance provides coverage for all the uncertainties that could be faced leading up to your wedding day. This coverage also protects against unforeseen events that occur during your wedding ceremony and reception.

If your wedding needs to be postponed due to no fault of your own, your coverage will ensure that you can reschedule your ceremony without being liable for additional costs.

If damage or theft occurs during your wedding ceremony, the coverage will handle the costs associated with the incident that you experience.

Considerations to Make

Keeping records of the items you need for your wedding will be helpful. Your records should include a list of all the items you will be responsible for supplying. If you purchase items through several vendors, you should review each contract you are furnished with.

If you are responsible for materials that will be set up at the venue where your wedding will be hosted, you will benefit from insuring them.

Assisting with Insurance!

Our agents who serve Sandpoint, ID can assist you with any wedding insurance concerns you have. After you contact one of our Selkirk Insurance Services agents, provide them with details about your proposed wedding ceremony. The agent will offer suggestions to provide you with the wedding insurance protection you need.

In today’s litigious society, the threat of lawsuits looms large for individuals and families in the Sandpoint, ID region. While standard insurance policies provide valuable protection, they may not always be sufficient to cover the full extent of damages in a lawsuit. This is where umbrella insurance steps in, offering additional financial security and peace of mind.

Understanding Umbrella Insurance

This liability insurance provides coverage beyond the limits of standard home, auto, or watercraft insurance policies. It serves as a safety net, protecting policyholders from terrible financial losses in lawsuits where damages surpass the limits of regular insurance coverage. 

Comprehensive Coverage

Umbrella insurance offers broad coverage for various liability risks, including bodily injury, property damage, personal injury, and legal defense costs. It extends coverage worldwide, providing protection wherever the policyholder goes, whether at home or traveling abroad.

Protection Against Lawsuits

Umbrella insurance shields policyholders from the consequences of lawsuits. When a lawsuit happens, umbrella insurance kicks in when all resources are exhausted, providing additional funds to cover legal expenses, settlements, and judgments.

Peace of Mind

Umbrella insurance offers peace of mind for individuals and families, knowing they have an extra layer of protection against unforeseen events and legal liabilities. With umbrella insurance, policyholders can go about their daily lives confidently, knowing they are financially protected from the risks of lawsuits and legal claims.

Cost-Effective Coverage

Despite its comprehensive coverage, umbrella insurance is relatively affordable, especially considering the significant financial protection it provides. The cost of umbrella insurance premiums is typically low compared to the potential economic losses it helps mitigate, making it a cost-effective safeguard against lawsuits.

Let Selkirk Insurance Services Give You Information

Selkirk Insurance Services answers your umbrella insurance questions and serves the Sandpoint, ID, region. Call us today.