The thought of your home in Burlington, North Carolina being destroyed in a fire or storm can be worrisome. Homeowners face the need to make mortgage payments and rebuild their homes to continue to have a place to live. While home insurance policies differ between carriers, there are a few things to look for to ensure you are covered if your home is destroyed.
Most homeowner’s policies cover for events including fire, storms and vandalism. However, without additional insurance, you may not be covered for floods or earthquakes. You should check to see if your home is in an area that is prone to damage from earthquakes or flooding. Adding this insurance can be critical in paying your mortgage and rebuilding your home in a disaster.
Amount of coverage
You should take a close look at your policy limits. Your homeowner’s insurance will have limits for the amount allowed for home repair and rebuilding and a set amount for your personal property. If you have taken out a second mortgage, or owe more on your mortgage than your insurance covers, you are not fully protected. You will want to increase the amount of insurance you have to rebuild your home and cover mortgage issues.
Check your policy for living expense and loss of use coverage. Most policies do provide a certain amount to cover extra living expenses if you cannot live in your home while it is being rebuilt. However, this would be your extra expenses, not your existing mortgage. Insurance policies are generally designed to rebuild your home or pay off the existing mortgage, with any remaining amounts given to the homeowner for rebuilding.
Don Allred Insurance is your independent insurance agency in the Burlington area. Contact us today if you have any questions about what is covered under your home insurance policy. An independent agent will be happy to work with you to ensure you have the coverage you need.
Drinking and driving comes with serious consequences–consequences that affect everything from your driving record to your insurance rate. First off, it’s important to note that North Carolina lumps all driving infractions involving drugs or alcohol under the term Driving While Impaired (DWI), as opposed to the common Driving Under the Influence (DUI) nomenclature. While normal drivers are considered to be impaired with a Blood Alcohol Content (BAC) of .08 percent, commercial drivers and those who already have a DWI on their record are over the legal limit when they hit a BAC of .04.
If you get caught for DWI, you will most likely want to hire a lawyer, and in addition to their fees you will end up paying fines and court fees. You are also likely to face a license suspension and for some offenses, you could have to do community service or even face jail time. Any DWI conviction also runs the risk of increasing your insurance, since you represent a greater risk. If you,get multiple DWI convictions, have a lot of other moving violations or get your license suspended for any length of time, your insurance company might also decide to drop you altogether.
If you lose your auto insurance coverage or have your rates go up as a result of a DWI, it’s important to shop around and see if you can find insurance at a good rate. In Burlington, North Carolina, you should contact Don Allred Insurance. As your independent agent, we can get you multiple quotes, in fact you can use our website to get live comparative quotes, assuring that you get the best possible rate on auto insurance.
Sorting through the different types of auto insurance policies can feel like wading through a used car lot looking for the right car; everyone’s trying to sell you something, and it’s hard to believe that salesmen have your best interests in mind when they’re pitching their policies.
It’s easy to look only at the bottom line and choose the least expensive policy available to meet state insurance requirements. But this isn’t always the best option. When deciding between full coverage and liability-only insurance, the monthly premium is obviously a factor–but it shouldn’t be the deciding factor.
What’s the difference?
Liability-only policies generally meet minimum North Carolina state requirements–and nothing more. That means that they cover a minimum amount of damage caused to another vehicle or another person in case of an accident that you cause. But liability insurance won’t necessarily cover damage to your car or medical bills you sustain as a result of an accident for which you are found at fault.
Full coverage auto insurance doesn’t exactly exist. What do exist are insurance policies that cover more than the minimum damage. Collision coverage covers damages to your property in case of an accident. Comprehensive coverage also covers other damages your vehicle sustains that aren’t crash-related; this often includes theft, hail and weather damage, vandalism, and fire. Uninsured and underinsured motorist insurance covers your property damage and medical costs in case of an accident in which the other driver has an inadequate policy to cover your damages.
Making a Choice
When deciding what type of policy is best for you, your best bet is to talk to an independent agent in Burlington here at Don Allred Insurance. We’ll be able to help you make the best choice for your situation. You can also compare quotes here to get an idea of the different premiums for different types of coverage, so you can mix and match types of coverage to fit your needs.