Owning a second home or a vacation home is a dream come true for most people. Having somewhere to escape to when you need a break from the daily grind is a great feeling. Just like you need to protect your Burlington, NC home, you need to protect your vacation home, no matter where it is. For most people, this means obtaining a completely separate policy from your primary policy.
Of course, each policy differs, so it is always best to check your primary policy before purchasing new insurance. If you are concerned about what your particular policy covers, here at Don Allred Insurance, we are happy to help you understand your policy and obtain any additional protection you might need.
Whether your primary policy does or does not cover a vacation home, you will likely need to supplement your policy with additional coverage for hurricanes, floods, earthquakes, and other events that basic policies do not cover. If you choose to use your vacation home as a rental property when you are not using it, there is other coverage to consider, such as insurance that covers a loss of rental income should you experience a covered event. In some cases, using it as a rental property may even require business insurance. We will be happy to help you assess your unique situation and determine the exact type of coverage you need.
Don Allred Insurance is here to help our Burlington, NC family and friends get the protection they need from the curve balls that life throws your way. Contact us today to see what we can do for you and receive your free, no-obligation quote!
Anyone that lives in the Burlington, NC area likely needs to own a car in order to get around town. When you are a car owner in this area of North Carolina, it is very important that you carefully consider all of the responsibilities that come along with owning a vehicle. One important task that you will have to do is get into a quality auto insurance policy. There are several reasons why it is so important that you get a good auto insurance policy.
Required by Law
One reason why it is important that you get auto insurance in North Carolina is that it is required by law. In the state of North Carolina, you are required by law to carry liability insurance at all times. This ensures that you are able to pay for damages if you are responsible for an accident. Those that do not have this coverage could face a variety of penalties.
Provides Coverage for Asset
Another advantage of getting auto insurance here is that it will provide coverage for your asset. If you would like to receive financial coverage if your car is damaged or stolen, you will want to have a full collision and comprehensive insurance policy. This will give you the coverage that you need to protect your car against a wide range of situations that could cause a risk.
If you are in the Burlington, NC area and are thinking about getting auto insurance, it is important that you fully understand your needs and options. The team at the Don Allred Insurance agency can help you to better determine what type and level of coverage that you need. Don Allred Insurance will provide you with a personalized assessment to ensure you get into the best policy for your situation.