Category: Insurance

Over the past decade, it has become increasingly more important than ever for churches and religious institutions to purchase religious institution insurance. Unfortunately, many religious institutions do not understand what this is or they think that the policy that they have had in place for years still offers them the level of protection they need. At The Insurance Shop USA, serving Sandpoint, ID, we want to educate religious institutions about this type of insurance. Here are two of the questions you may have about religious institution insurance and the answers. 

What is Religious Institution Insurance? 

Religious institution insurance helps to protect your religious institution in a variety of different situations. The insurance can help to cover the building against weather-related damage. The policy can help to pay for your legal defense if your religious organization is sued, or cover any award someone wins against you. And the insurance can help to pay for the damage done to the building and injuries to employees if an act of violence occurs on the land or in the building your religious organization owns. 

Why Would My Old Policy Not Offer Enough Protection?

If you have an old religious institution insurance policy, your old policy may not offer enough protection. The cost to defend lawsuits has drastically increased in the past decades, as has the awards given to those who win the lawsuits. Your policy may not take into account current costs and expenses and as such, may not provide enough coverage. 

If you have an old religious insurance institution insurance policy, or if you do not have one at all, now is the time to look into updating the policy or look into getting a new one. If you are in the greater Sandpoint, ID area, Contact The Insurance Shop USA today to discuss your needs and to obtain a religious institution insurance quote. 

When it comes to health insurance, there are some misconceptions about when you can and cannot purchase health insurance. If you are in the market for health insurance, The Insurance Shop USA, serving Sandpoint, ID, would love to help clear some of these misconceptions up. Here is some information you should know if you are looking to buy health insurance. 

Can You Buy Health Insurance Year Round? 

There is no one size fits all answer to this question. If you are buying private insurance, you can buy the insurance policy whenever you would like to. If you are buying insurance through your employer, you can only buy when you become eligible, when they have open enrollment periods, or if you have a qualifying life event. If you are buying through the health insurance marketplace, you can only purchase health insurance during open enrollment or if you have a qualifying life event.

What is a Qualifying Life Event?

There are a few different events that are considered qualifying life events that often allow you to change your policy or enroll in a policy outside of normal open enrollment periods. Some of these life events include getting married, moving to a new state or area where your old insurance doesn’t offer much protection, having a new baby or losing your job and/or current health insurance coverage. 

Can An Insurance Agent Help Me Obtain Health Insurance?

An insurance agent can help you obtain health insurance if you are buying private insurance or if you qualify for insurance coverage through the health insurance marketplace. They cannot help you with employer healthcare coverage. 

If you are in need of private health insurance or qualify to purchase health insurance from the health insurance marketplace, The Insurance Shop USA, serving the greater Sandpoint, ID area, can help. Call us today and let us help you get insured. 

There are some key differences between owning a condo and a home. These differences influence the way you should approach purchasing condo or home insurance. If you have specific questions, or just want to talk to a knowledgeable agent, contact The Insurance Shop USA, which serves Sandpoint, ID, for more information on this topic.

First, it’s important to know exactly what you’re required to insure when you have a house versus a condo. When you own a condo, you’re usually only responsible for the interior part of your residence. Everything else, such as the common areas, yard, and condo building structure, are often insured by your homeowner’s association (HOA). When you have a home, you’re generally responsible for everything inside your house and outside on the land.

Differences in Dwelling Coverage

If you’re getting a condo policy, you probably only need enough dwelling protection to rebuild the interior of your condo. For a homeowner, dwelling coverage should be able to cover the cost of rebuilding your house and other parts of your property, such as sheds, fences, and carports.

Differences in Liability Coverage

A condo owner may be responsible if visitors are injured inside the unit. However, if someone is hurt at a building common area, such as the community pool or lobby, your homeowner association’s insurance is generally responsible. Homeowners usually need more liability coverage than a condo owner, as they’re responsible for injuries that happen outside the home. As a homeowner, you’re liable if someone gets hurt running around on your patio or in the pool or trampoline in your backyard.

Differences in Personal Property Coverage

Condo owners usually only have to consider their personal belongings when determining how much insurance they need. This is typically the primary concern for a condo owner shopping for insurance. A homeowner also has to get enough protection to insure all their important belongings, however, there are a lot of other factors for a homeowner to consider.

Whether you’re a homeowner or a condo owner, you can get a quote or have questions answered by calling The Insurance Shop USA, which serves Sandpoint, ID.

The farms around Sandpoint, ID provide the world with potatoes, wheat, onions, corn, and a variety of other nourishing crops. These are often small family operations, driven by the love of the soil and tradition. When times get hard, however, who can these farmers turn to for help?

What is Farm Liability Insurance?

Farm liability policies are designed to protect farmers from financial loss. It covers your land, fields, and produce. Buildings, equipment, and other structures on the property may not be included in these policies. The experts at the Insurance Shop USA can tell you more about the coverages you need to fully protect your livelihood.

The purpose of a farm liability policy is to protect farmers from financial loss that results from accidents on their property. If a farmer is found liable for physical injury or property loss suffered by a visitor, this policy helps cover their costs.

Why You Need Farm Liability Insurance

The natural resources that growers depend on are shared by everyone in the area. If runoff from your farm pollutes local water sources or animal waste creates fumes that compromise your neighbors’ ability to use their own land in some way, you could be found liable for their loss or damage. Other policies may not cover the full costs of court-ordered restitution.

If you operate a farm that uses experimental methods, unconventional fertilizers, or your crops are just different from what is grown on adjacent lands, you need a farm liability policy to protect your investment. Teaching farms and other operations that allow visitors also benefit from the extra protection. If someone is injured or gets sick from contact with something on your land, the farm liability coverage will pay for their medical coverage and any other court-ordered costs.

The Insurance Shop USA helps farm owners in the Sandpoint, ID area keep their lands safe from all types of threats and potential problems. Contact our representatives to learn more about farm liability insurance.

What is religious institution insurance? Does my group need it? How do I minimize my risk for the benefit of my entire congregation? If you live in Sandpoint, ID, the Insurance Shop USA has all your religious institutions insurance questions answered.

What Is Religious Institutions Insurance?

Religious Institutions Insurance is exactly as it sounds. It is for congregations of all religions to ensure that they are protected. It can cover damage to properties, lawsuits, and for any other risks associated with running a religious group.

What Are the Benefits of Getting Religious Institutions Insurance?

Your institution’s mission has always been the same. You aim to be a beacon of light in your community and to offer support to your congregation. But what if something were to occur that hinders that mission? This is where insurance comes in. It is your responsibility to ensure that your church remains strong in the face of threat. Insurance can cover anything from property damage, general liability, and crime, to worker’s compensation and employee benefits.

How Can My Congregation Minimize Our Risk?

This is an excellent question. Although it is a great idea to have insurance for your religious institution, proactive risk management will reduce your need for it altogether. In order to be proactive, a church leader must take the lead in identifying potential risks. Consider organizing a committee which oversees the next task of prioritizing the risks. The risks can be mitigated. An excellent idea is to seek out people who specialize in risk management. A little guidance can really help your organization when it comes to managing risk.

If you have any further questions on the benefits of religious institutions insurance in Sandpoint, ID, get in touch with the Insurance Shop USA today.