The March Insurance Group, provides auto insurance throughout Idaho and Oregon. If you're new to the area, just want to switch to a different auto insurance company, or are looking for a lower car insurance rate, choose the March Insurance Group. By having us shop for lower car insurance rates, you could save hundreds on your auto insurance. We work with several carriers, for you, and are not tied in with one company, and one rate. We will find you the best program, at the best rate we have available for you. If you are in Eagle, Boise, Meridian ,Star, or any other city here in the Treasure Valley, or Garden Valley, we would be happy to help.
In addition to saving you money on your auto insurance, we oftentimes have multi-policy discounts available to you, by combining your home insurance, life insurance, umbrella, or specialty vehicles with your policy.
In Idaho, your requirements for a registered vehicle are as follows;
Bodily Injury Liability(BI): Idaho motorists must have $25,000 minimum per person and $50,000 per incident. This coverage will pay for lost wages, medical expenses and funeral expenses that you are deemed liable for.
Property Damage Liability(PD): This coverage will pay for damages done to private or public property as the result of an accident. Idaho drivers are required to carry $15,000 minimum of this coverage.
Keep in mind, these are the bare minimum amount of coverage to have a legally registered vehicle driven in Idaho. It is highly recommended that coverage be increased from these limits. Give us a call to discuss your options
The March Insurance Group, provides Homeowners Insurance, Renter's Insurance, Condo Insurance, Cabin Insurance, Dwelling Insurance, Farm Insurance, Ranch Insurance, and Landlord Insurance. Home insurance provides coverage for damage to your home's structure, and damage coverage for separate structures on your property, like a shop,shed or barn. Along with coverage for your personal belongings, temporary expenses, personal liability, and in some cases farm and ranch liability.
Whether your home is located in a beautiful subdivision in Eagle, on a farm in Kuna, or on the lake in McCall, we have a program for you. We are centrally located in the Treasure Valley, and easy to get to, whether you live in Boise, Meridian, Star, or any other Treasure Valley city. Give us a call to discuss the various options you have available.
Term Life vs Permanent Life/Universal/Whole Life Insurance
Experts have spent a lot of time debating over whether it is more advantageous to obtain Term Life or Permanent Life Insurance coverage. Each type of life insurance has its benefits and drawbacks. Premiums for term insurance are very inexpensive compared to permanent insurance for healthy people up to about age 50. After age 50, premiums for term life begin to get progressively more expensive, although nowhere near as high as those for permanent life insurance. Young families with financial obligations are in most cases better off with term insurance. Significantly lower premiums enable them to purchase substantial coverage to protect against loss of income.
Permanent Life Insurance is usually purchased by older, more affluent individuals with a large amount of monthly disposable income necessary to support the higher premium requirements for this type of coverage. They have a higher net worth and may need insurance for tax and other financial planning purposes. As with any insurance, your particular situation will dictate need.
Personal Umbrella insurance is designed to give added liability protection above and beyond the limits on homeowners, and auto, insurance policies. With a personal umbrella policy, depending on the insurance company, one can add an additional 1-5 million in liability protection. This protection is designed to “kick-in” when the liability on other current policies has been exhausted.
Liability insurance is the portion of a homeowners or auto policy that pays for expenses such as the injured persons medical bills, rehabilitative therapy, and lost wages due to the negligence of the at fault person.The liability portion of an insurance policy also covers a legal defense representative if the negligence would happen to land the at fault person in the court room. After adding up all of the medical expenses for the injured and the legal fees of the negligent person, the standard liability in one’s homeowners or auto policy is often not enough. Almost every state has financial responsibility laws that will hold drivers accountable for bodily injury and property damage resulting from car accidents and the at fault driver could be sued for the damage. Personal assets from the at fault driver could be seized resulting from a lawsuit. Similar laws are also in force for home and watercraft owners. There is good news. A personal liability umbrella insurance policy can give one added liability protection without a large added cost. Additional liability insurance is often inexpensive, especially compared to the added coverage one gains. Furthermore, liability insurance covers one’s non-business activities anywhere in the world. Having the added protection of a liability umbrella policy is coverage no one should go without.
Most companies will require a minimum auto coverage liability of 250,000/500,000, and a minimum of 500,000 on your home owners liability, in order to place an Umbrella policy on top. In addition, any Specialty Insurance polices you have, motorcycle, RV, boat, etc, will also have to match the auto coverage.
Do I need an Umbrella or Excess Liability policy?
Do I need it? If you have assets that you are not willing to forfeit in the event of a loss, yes. Remember, the Umbrella is worse case scenario insurance. It is above and beyond your regular insurance, for the truly catastrophic losses. Are you a college kid, that can barely afford state minimum liability only insurance on your car, and rent a shared apartment, probably not. Do you own a home? Have teenagers driving? Rental properties? Please ask for a quote.
How much will it cost me?
That will depend on the amount of underlying coverage, the number of properties covered, and the number of people covered. Normally, they start at around $200 per year for a million in coverage.
What is SR-22 Insurance?
The SR-22 Financial Responsibility form is a standardized form required to be filled out with the Department of Transportation by insurance companies on behalf of an insured. This form notifies the State that you have insurance that meets the States minimum requirements, and it allows you to keep, or reinstate, your driving privileges. An SR-22 policy does require more paperwork than a standard policy, and will incur an extra fee, though the coverage works the same as a standard policy.
Is SR-22 Insurance affordable?
Yes! Bad things can happen to good people. SR-22s come into effect not only due to DWIs or DUIs. But what if you borrow someones car, and get pulled over? Did you know, even if you have insurance on your vehicle, you can receive a "no-insurance" ticket, if the vehicle you are driving is not insured. We have several companies that offer this protection, and will find you the best rate available.
What happens if my policy cancels while I have an SR-22?
Under the reporting aspects of an SR-22, the insurance company is required to alert the State of an interruption, or lapse of your policy. An SR-26 form will be filed, and in most cases your license will be suspended, resulting in additional fees with the DMV. Too many interruptions can result in a long term suspension, or revocation of your license. Give us a call to discuss your options.