Month: April 2025

Does Condo Insurance Cover Natural Disasters?

Posted on by AgentInsure

Your home is likely your most valuable asset, and you’ll want to ensure you have sufficient insurance coverage for it at all times. If you own a condo in Sandpoint, ID, your homeowner’s association likely has a master insurance policy that provides coverage in the event of a storm, fire, or vandalism. However, this policy only covers the home exterior and roof. Moreover, it most likely won’t cover earthquakes or flooding.

What About Condo Insurance?

You’ll need an individual condo insurance policy to cover fire, storm, or vandalism damage to your home’s interior and belongings. If you own valuable items such as antiques, you’ll need separate coverage specializing in compensating for expensive assets. If you run a business from your home and store business inventory or assets in your condo, you’ll need a commercial insurance policy to cover these items, as condo insurance won’t provide compensation for business assets.

If you live near a lake or a regional fault line, investing in coverage that specifically covers earthquakes and flooding is wise. Furthermore, bear in mind that your vehicle isn’t covered under any condo insurance policy or even a basic auto insurance policy. You’ll need comprehensive coverage if you hope to receive compensation for your vehicle in the event of a natural disaster.

Get Expert Insurance Help from Selkirk Insurance Services

If you aren’t sure which forms of condo insurance will best meet your needs or you want to learn about your policy options, give us a call at your convenience. Selkirk Insurance Services has many years of experience helping Sandpoint, ID residents get the best coverage at the best possible price. Our team offers multiple options, including standalone policies and policy bundles, to meet the needs of individuals of all ages and walks of life.

How to Update Your ATV Insurance Policy for Summer Fun

Posted on by AgentInsure

As the weather begins warming up, you might spend more time outdoors. Riding ATVs is a fantastic way to unwind before returning to the hustle and bustle of the workweek. However, before planning your next outdoor adventure, it’s crucial to consult with Safechoice Insurance Agency of Rochester, MN, on how to update your ATV insurance policy for summer fun.

Quick Reminders on ATV Insurance

Remember that your ATV cannot be added to your current auto insurance policy. You’ll want to have a separate policy that includes liability coverage. It’s your responsibility to specify the terms of your intended use of your ATVs in the policy agreement. Also, confirm if you want an age restriction on who can operate a recreational vehicle off-road. If not, you may want to include additional coverage to your existing ATV insurance policy.

The Most Common ATV Insurance Policy Additions

ATV owners typically change their insurance policy before taking their vehicle out of storage. In the off-season months, policyholders temporarily remove collision and liability coverage. However, each should be reinstated to active status before taking your ATV out of storage.

Collision covers all repairs and replacement of your ATV if you collide with another recreational vehicle or hit an immovable object during an off-road ride. Liability coverage assists with all injuries sustained by the rider in an accident. Other owners will add comprehensive coverage to their existing ATV insurance policy. It protects them against events that occur beyond their control. The coverage includes protection from theft, vandalism, striking an animal, fire, or extreme weather damage.

Updating your ATV insurance policy is the first step to summer fun. The staff at Safechoice Insurance Agency of Rochester, MN, can ensure your coverage needs are met. Call and schedule an appointment today.

Will Renters Insurance Cover Water Damage?

Posted on by AgentInsure

Water can potentially damage many of your belongings, such as furniture, rugs, electronics, and tools. It can be particularly harmful if it causes mold to grow. Fortunately, renters insurance can protect Sandpoint, ID residents against losses associated with certain types of water damage.

What’s Covered?

Renters insurance often covers water damage caused by wind-driven rain, ice dams on roofs, vandalism, burst pipes, or overflowing plumbing fixtures. However, there are some exceptions for negligence. Sewer backup coverage is frequently offered as an optional rider. Remember that one insurer may not cover the same things as another.

What’s Not Covered?

A renters policy probably won’t cover your belongings if they’re damaged by flooding associated with a body of water, such as an overflowing stream, river, lake, or ocean. If you risk flooding in your location, you can purchase separate flood insurance for a rented house or apartment.

Keep in mind that renters insurance covers most of your dwelling’s contents but not the building. If water damages things like doors, windows, flooring, or electrical fixtures, your landlord is generally responsible for the repairs. Separate building insurance is available for landlords.

Documentation

If your policy covers water damage, it’s important to have proof of the losses. Take photos that clearly show the damaged or destroyed belongings. Keep your receipts for the original items, replacements, and any repairs. If you lose a receipt, you might be able to print it from an email message or your account on a retailer’s website.

Selkirk Insurance Services has served the people of northern Idaho for more than 15 years. Our friendly Sandpoint, ID staff can help you find the right renters policy. To learn more about Selkirk Insurance Services, please call 208-263-0888 or text us at 208-427-3341.

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