Even though you think you have enough coverage on your homeowner’s insurance policy, it never hurts to have some extra precautions in place. For example, an umbrella insurance policy, which is designed to provide some additional liability coverage, can be added to your homeowner’s policy. Since these umbrella policies are inexpensive, they provide plenty of […]
Category: Homeowners Insurance
The Importance of Understanding Your Homeowners Insurance Policy Exclusions and Limits
Written By Charlotte Insurance on May 15, 2023. It has 0 comments.
When it comes to your homeowner’s insurance policy, how much do you understand? Have you read the policy in full? If not, you might have some questions about the exclusions and limits on your policy. These can prevent you from having damage and other things covered, should the issue fall under specific circumstances. In addition, […]
The Benefits of Having a Home Inventory for Home Insurance Claims
Written By btbcontent on May 5, 2023. It has 0 comments.
Do you know exactly what’s in your home? Well, you probably have a good idea of the important items that you use every day, such as your couch or loveseat, your television, everything in the kitchen that you use to cook, and so on. But what about the little things? Can you name everything in […]
Understanding Replacement Cost vs. Actual Cash Value in Home Insurance
Written By Charlotte Insurance on May 2, 2023. It has 0 comments.
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 […]
Home Insurance Inspections: What to Expect
Written By Charlotte Insurance on March 14, 2023. It has 0 comments.
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 […]
What is the Average Cost of Homeowners Insurance in North Carolina?
Written By Charlotte Insurance on October 21, 2022. It has 0 comments.
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 […]
What Can You Do About North Carolina Home Insurance Rate Increases?
Written By Charlotte Insurance on September 25, 2022. It has 0 comments.
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 […]
Can You Trim Your Neighbor’s Trees?
Written By Charlotte Insurance on September 20, 2022. It has 0 comments.
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 […]
How to Prepare for Hurricanes in North Carolina
Written By Charlotte Insurance on September 7, 2022. It has 0 comments.
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 […]
What Is Coinsurance?
Written By Charlotte Insurance on January 20, 2022. It has 0 comments.
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 […]