Insurance claims that you file against your homeowners insurance aren’t always paid in lumpsum and to the owner. Some come in staggered installments, and at times it can even be paid to someone other than yourself. It’s important to know how the claims process works to ensure that everything is taken care of when you start repairs or replacement work.
Insurance companies usually recommend buying separate auto insurance policies for your business and personal vehicles. Finalizing terms for both personal and commercial auto insurance in NC can be complicated at times because of the differences in coverage and situations covered. Learning the similarities and differences between these policies and the potential liabilities covered will help you choose the right coverage
Once you understand the difference between renters insurance and personal insurance in NC, you’ll have a clearer idea of the plan you should pursue. The North Carolina Department of Insurance helps state residents navigate the complex world of insurance. Here are important points to know about the differences between renters and personal insurance. Personal Vs. Renters Insurance Suppose you move
Many people purchase homeowners insurance believing that it will cover all their possessions sufficiently. If you own valuable items like art, antiques, jewelry, or expensive electronics, your coverage may be sorely lacking. Your homeowners insurance is written to cover the possessions you use daily. If you own a variety of valuable items, it’s in your best interest to purchase a
Auto insurance helps keep you safe on the road and ensures that you are covered if an emergency happens. You must read the terms of your policy carefully. A few scenarios may impact your policy, such as getting involved in an accident while driving someone else’s vehicle. Many drivers automatically assume that their insurance covers them if they drive someone
Are you contemplating a life insurance policy vs. 401(k)? Are you planning for retirement? If the thought of a whole life insurance policy or a 401(k) overwhelms you, this article can help you weigh the benefits of purchasing life insurance vs. investing in a 401(k). Generally, a 401(k) plan is an employer-sponsored defined-contribution pension account defined in subsection 401(k) of
Having insurance helps you secure your business while protecting everyone on your job site. Choosing the right policy for your construction business can be difficult if you are doing it for the first time. However, selecting the right coverage from the right insurance company is a crucial task and must not be taken lightly. It is important to understand the
The coronavirus crisis has affected everyone. The unforeseen conditions and enforced lockdowns created by the pandemic have led to significant economic disruptions. With the world dealing with the effects of COVID- 19, managing your money has become crucial for everyone. For people who are not used to managing money, this crisis poses a significant challenge. Ensure better management of your finances by following these money