Understanding Replacement Cost vs. Actual Cash Value in Home Insurance

Written By Charlotte Insurance on May 2, 2023. It has 0 comments.

Understanding Replacement Cost vs. Actual Cash Value in Home Insurance

If you’ve looked at your homeowner’s insurance policy in depth, you’ve no doubt come across a few different values listed on the paperwork. These values commonly consist of replacement cost and actual cash value, among others. Usually, your insurance policy will cover one or both of those amounts. But what do they actually mean? How […]

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Home Insurance Inspections: What to Expect

Written By Charlotte Insurance on March 14, 2023. It has 0 comments.

a home insurance inspector with a clipboard

Sometimes your insurance company will insist on doing an inspection of your home prior to a home insurance policy renewal. They may also want to conduct an inspection if you’ve just bought a new home to make sure that everything is in good condition before your new policy kicks in. There are generally two parts […]

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What is the Average Cost of Homeowners Insurance in North Carolina?

Written By Charlotte Insurance on October 21, 2022. It has 0 comments.

What is the Average Cost of Homeowners Insurance in North Carolina - Charlotte Insurance

According to a 2022 Bankrate study of average premium prices, the average cost of homeowners insurance in North Carolina is $1,317 for $250,000 coverage. That’s just the tip of the iceberg in understanding how much you can expect to pay for insurance coverage. Here’s what you need to know. Average Homeowners Insurance Costs Vary North […]

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What Can You Do About North Carolina Home Insurance Rate Increases?

Written By Charlotte Insurance on September 25, 2022. It has 0 comments.

What Can You Do About North Carolina Home Insurance Rate Increases

Home insurance rates are on the rise in North Carolina. Before you panic, it’s important to get the facts…and learn what you can do about it. Here’s what you need to know.   Almost 43 Percent Proposed Rate Increase Requested Over Two Years The North Carolina Rate Bureau has proposed a 42.6 percent rate increase […]

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Can You Trim Your Neighbor’s Trees?

Written By Charlotte Insurance on September 20, 2022. It has 0 comments.

Can You Trim Your Neighbor’s Trees - man trimming tree

A tree growing on your neighbor’s property fully belongs to them. You can’t tell them how to take care of their tree or when to trim it. But if the limbs grow over into your property, you have more options than you realize. Here’s what you need to know.   When Tree Limbs Grow Into […]

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How to Prepare for Hurricanes in North Carolina

Written By Charlotte Insurance on September 7, 2022. It has 0 comments.

How to Prepare for Hurricanes in North Carolina - hurricane season road sign

Hurricane Florence may have been the last major hurricane to hit North Carolina back in 2018 but even when we’re not in the direct path, we’re still impacted by storms every hurricane season. It’s important to prepare so that you can keep yourself and your family safe. Here’s what you need to do. Build Your […]

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What is Subrogation?

Written By Charlotte Insurance on January 26, 2022. It has 0 comments.

subrogation Charlotte Insurance Blog

You’ve been told over and over again to make sure you read your insurance policy in full so you know exactly what’s covered. If not, you might be severely disappointed when you file a claim because you didn’t know what was and wasn’t covered. Now you’re reading the policy and come across a term that […]

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What Is Coinsurance?

Written By Charlotte Insurance on January 20, 2022. It has 0 comments.

a stack of coinsurance documents

Coinsurance is a little known, little understood, but very common clause for most property insurance coverages. Not understanding how it works – as well as not re-evaluating your homeowners insurance policy from time to time – can cause serious problems when you need to file a claim. Here’s what you need to know. What is […]

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When Do You Need a Landlord Policy?

Written By Charlotte Insurance on January 18, 2022. It has 0 comments.

a landlord with landlord insurance giving keys to their tenant

Thinking of renting out your home when you move? Feel like your second home could help pay for itself when you’re not using it? If you’re considering renting your property, make sure a landlord insurance policy is part of the plan. Here’s what you need to know. How Do You Know You Need a Landlord […]

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How Does the Increase in Home Values Impact Your Home Insurance?

Written By Charlotte Insurance on January 13, 2022. It has 0 comments.

the exterior of a home with an increased value owned by people wondering if they need to increase their home insurance

The news is inundated with the fact that home values are on the rise. You may have even received a few postcards and flyers encouraging you to refinance or even sell your home and make some serious cash. With values going up, you may wonder if you have enough home insurance to cover your home. […]

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