Category: Insurance

Does Condo Insurance Cover Routine Maintenance?

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Condo insurance in Sandpoint, ID, is considered essential for condo owners. It can provide financial protection in the event of a liability lawsuit. Some policies also cover personal belongings and appliances. However, it’s important to note that insurance policies don’t cover everything.

Covered Perils

For an insurance policy to apply, the damage must be caused by a covered peril. When it comes to damage to your belongings or parts of your property, such as the sidewalk, the event must fall under the list of covered incidents. Common covered events include:

  • Fires
  • Wind damage
  • Lightning
  • Vandalism
  • Theft

Coverage for natural disasters depends on the insurance company and the specific policy. Be sure to consult an agent at Selkirk Insurance Services to understand what events are covered under your policy.

Routine Maintenance

Insurance policies typically do not cover routine maintenance. Standard wear and tear is not considered a covered event and is the responsibility of the condo owner. Preventive maintenance, such as removing a leaning tree to prevent future damage, is also generally excluded from coverage.

Master Condo Policy

The Condo Association or HOA usually maintains a master policy to address damage to shared areas, such as the roof or shared amenities like tennis courts. This policy follows the same guidelines regarding covered perils. For example, insurance will not cover the cost of maintaining amenities or replacing a roof unless a covered event, such as severe weather, causes the damage.

Condo owners typically share the cost of maintenance for common areas. The HOA may collect monthly fees to cover these expenses or request additional contributions from owners when necessary.

Understanding how your condo insurance policy works is crucial. Agents at Selkirk Insurance Services are here to help you learn more. Contact us today. We proudly serve the Sandpoint, ID, area and are ready to assist you with your insurance needs.

Liability Coverage: An Insurance Protection Many Renters Forget

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Renting your living space may seem like a simpler arrangement compared to owning a home. However, as a renter, you are still exposed to certain risks and losses that can occur unexpectedly. Fire damage, theft, vandalism, and liability for accidents are all concerns that can impact your financial stability. At Selkirk Insurance Services in Sandpoint, ID, we are here to answer your questions about renters insurance coverage.

Why Do I Need Liability Coverage If I Rent My Living Space?

Accidents can happen anywhere, and renters are not immune to these risks. A house guest could slip and fall, or your furniture or equipment could injure someone. Your dog might bite someone either in your home or at the dog park. Any of these incidents could lead to a lawsuit, resulting in significant financial strain. Renters insurance is designed to provide coverage for these situations, so you don’t have to bear the financial burden alone.

Renters Insurance Offers a Variety of Protections

A renters’ insurance policy covers your personal belongings if they are damaged or stolen. It also provides protection against liability claims from accidents. Additionally, your policy can cover temporary housing costs if your apartment becomes uninhabitable due to damage. Renters insurance may even offer coverage for losses that occur away from home. Best of all, renters insurance is very affordable, making it a cost-effective way to protect yourself from unexpected financial losses.

Make Selkirk Insurance Services Your Agent for Renters Insurance

If you’ve never considered renters insurance before, you may have questions about its coverage. Our agents are here to provide clear and understandable answers to all your inquiries. We offer a wide range of insurance options for home, auto, business, and life. Contact Selkirk Insurance Services in Sandpoint, ID, today for a no-obligation quote on renters insurance that will protect you from unexpected liability losses.

Farm and Ranch Insurance Covers Your Home and Farm

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Your farm is not just your home; it is also your business location. This means you have a lot at stake when it comes to protecting everything you need to live and operate your agricultural business. At Selkirk Insurance Services, we help agricultural operations in and around Sandpoint, ID, secure protection from the challenges that operators commonly face. Here’s how farm and ranch insurance works.

Why Get Farm & Ranch Insurance?

A farm and ranch insurance policy combines multiple types of coverage into one comprehensive policy. It provides insurance for your home, outbuildings, equipment, crops, and more. This eliminates the need for multiple policies to protect every aspect of your operation. With farm and ranch insurance, you can rest assured that you’re covered for damage or loss to nearly everything you use or grow on your land.

How Farm & Ranch Insurance Coverage Works

This type of insurance is tailored to reflect the unique needs of families who live and work on their property daily. It covers your residence, barn, and work shed. If you experience a crop loss, the policy can reimburse you for the financial impact. In the event of a fire at your home, the policy covers repair and replacement costs. Additionally, if a covered event damages your equipment, you’ll receive funds to repair or replace the item.

Learn More About Farm & Ranch Insurance Today

At Selkirk Insurance Services in Sandpoint, ID, we understand the unique insurance needs of agricultural operations. We’re here to help you learn how farm and ranch insurance provides coverage for your home and business under one policy. Contact us today to speak with an agent and find the right policy to protect your investment.

FAQ Questions About Religions Institute Insurance

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When it comes to protecting a place of worship, it is natural to have questions. At Selkirk Insurance Services in Sandpoint, ID, we understand that religious institutes have unique insurance needs. Whether you are a church, mosque, synagogue, or temple, having the right coverage in place ensures peace of mind for your community. Below, we have answered some of the most frequently asked questions we hear from religious organizations.

What Exactly Does Religious Institute Insurance Cover?

Religious institute insurance typically covers the property, liability, and sometimes even the people who serve the organization. This includes protection for your buildings, sacred objects, furnishings, and musical instruments. It also includes liability coverage in case someone gets injured on the premises or if there is a claim made against the organization for something like counseling services.

Do We Really Need Insurance if We Are a Small Congregation?

Absolutely. Even small religious groups face risks. A simple slip-and-fall accident or a storm damaging the roof can lead to major expenses. Insurance provides a safety net, allowing your institution to continue its mission without unexpected financial stress.

Can Volunteers or Clergy Be Covered?

Yes, many policies offer optional coverage for both paid staff and volunteers. Depending on the structure of your organization, you may also want to consider professional liability or abuse and molestation coverage. Every institute is different, which is why a customized policy is so important.

How Do We Get the Right Coverage?

It starts with a conversation. At Selkirk Insurance Services in Sandpoint, ID, we take the time to understand your mission, your people, and your property. Reach out today, and let us make sure your religious institute is protected so you can focus on what matters most, serving your community.

Does Wedding Insurance Cover Illness?

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Although it may seem unlikely, you or your future spouse could fall ill or become injured just before a planned wedding. This might also happen to other important wedding participants, such as your parents. You could suffer major losses as a result, potentially making it impossible to hold a wedding at a future date. This is one reason why it’s important to have wedding insurance.

What Does It Cover?

Wedding insurance policies normally cover cancellations involving unexpected, serious medical problems. This is true if a health condition prevents the groom, bride, or immediate family members from participating in a wedding. It usually doesn’t apply to more distant family members, such as your cousins.

Coverage may go beyond illness-related cancellations. Some types of wedding insurance also cover harmful effects resulting from a wedding. This means that they could compensate wedding attendees who experience non-communicable illnesses caused by participating in the event. This might happen if meals or beverages served at a Sandpoint, ID wedding venue trigger food poisoning.

Common Exceptions

Be aware that wedding insurance doesn’t always cover illnesses. Many policies don’t provide coverage for pre-existing health problems. Certain contagious illnesses could also be excluded. The same applies to some mild illnesses. Take the time to carefully read your policy’s terms to determine exactly what it does and doesn’t cover.

If you’re interested in wedding insurance, don’t wait until the last minute. Some types of policies can’t be obtained less than two weeks before the event. The experts at Selkirk Insurance Services can help you select the right policy. We have reliably served clients in the Sandpoint, ID area for more than 15 years. To learn more about wedding insurance or request a quote, please call 208-263-0888 to reach Selkirk Insurance Services today.

Does Boat Insurance Cover Injuries Sustained by Guests?

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Many people believe that the primary reason for getting boat insurance is to protect their watercraft if it becomes damaged due to a covered risk. However, what happens if a guest on your boat sustains an injury onboard, even if the incident isn’t your fault? Selkirk Insurance Services, serving Sandpoint, ID, can help you understand how your policy will cover guest injuries.

The Importance of Liability Coverage

Most boat insurance policies include liability coverage, similar to how auto insurance protects you if a motor vehicle accident occurs. Your boat policy may also include medical payments coverage, which will help pay for doctor visits, therapy, and more if someone is injured on your boat. This coverage is particularly beneficial if your guest has no or inadequate health insurance policy, or if the policy has a high deductible. This coverage is valid only if you use your boat for private purposes. Read your policy to determine if it has any exclusions. Your policy may not pay for injuries sustained from specified careless acts.

Should I Get Extra Liability Coverage?

If you frequently entertain guests or have parties on your boat, consider getting additional liability coverage. A higher liability amount will provide protection if someone sues you because of the incident. However, enhanced liability limits in a boat policy may not be enough in the event of catastrophic injuries. Some people may press multi-million-dollar lawsuits that could leave you responsible for medical costs if litigation is successful. Consider buying an umbrella policy that would protect you from medical and litigation costs and ultimately save the investment in your boat.

Learn more about how boat insurance can protect you and your guests when injuries occur. Contact the professionals at Selkirk Insurance Services, serving Sandpoint, ID, and environs, for an appointment.

What types of situations would be covered by umbrella insurance?

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Living in the Sandpoint, ID, area, it’s crucial to ensure you’re adequately insured. One type of insurance everyone needs here is umbrella insurance, which provides personal liability coverage. This type of insurance covers various situations and scenarios.

Accidents with Serious Damages

An umbrella plan typically covers situations where you’re involved in an accident that results in severe damages. When you’re driving a vehicle, there’s a chance you could cause an accident. Unfortunately, your coverage will be limited to the levels set in your auto insurance policy. If you have an umbrella plan, it provides additional coverage on top of your existing policy.

Dog Bites

If you have a pet in your home, such as a dog, having umbrella coverage is a good idea. An umbrella policy can cover liability damages you may incur if your dog attacks another animal or person. This is particularly important if you don’t have liability coverage through a home or renter’s plan.

Libel and Slander

Libel and slander are liability risks that people need to consider. These can occur if you’re found to have written or said something untrue that led to damage to another party. If you’re covered with an umbrella plan, you’ll have support in these situations.

It’s always essential to ensure that you’re appropriately covered by insurance when you’re in the Sandpoint, ID, area. If you’re looking for coverage here, you should call our team at Selkirk Insurance Services. Our team will provide the necessary help to build your next plan.

Does Condo Insurance Cover Natural Disasters?

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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.

Will Renters Insurance Cover Water Damage?

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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.

How to Update Your ATV Insurance Policy for Summer Fun

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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.

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