Working out in your front yard the other day, you noticed something strange in the wooden posts near the front door. Little holes had formed near the ground where your shrubs are, and there are all kinds of white bugs near the worst section.
Uh oh. You realize you might have termites. You begin imagining collapsing ceilings, crumbling walls, and much more. It’s your worst nightmare as a homeowner.
The question now is, do you call your insurance company? Will your policy cover the damage?
In 2015, over $300 billion is expected to be spent on global business travel. That number doesn’t factor in what vacation travelers spend. To cash in on all that spending, hotels that want to stay competitive must offer at least a few amenities.
With added hotel amenities comes more risk to your business. Whether you already have all the amenities you want for your hotel, or you’re thinking of adding more, you’ll want to make sure you have the right insurance coverage when something happens. And something will always happen.
You spent countless hours preparing a bid, answering the client’s questions, and understanding their specifications. Beating out dozens of other major construction companies, you were awarded the job. It’s the biggest you’ve ever won. Now you’re hiring new people, finding new subcontractors, and looking forward to adding this project to your list of satisfied clients.
Then disaster strikes. A fire takes out most of the job site. The job is on hold indefinitely as the cause of the fire is investigated. Your clients have determined they don’t have the money to start over.
No one goes into business or makes a large financial investment in order to lose money. Whether it’s long-term financial security or simply an entrepreneurial spirit, you bought a multi-family apartment building for a reason. Make sure you protect your investment with the right insurance coverage.
SPEND A LITTLE MORE TO SAVE IN THE LONG-RUN
You’ve made the decision to go for it. You’re finally going to build your North Carolina home, new business, or commercial building! You know exactly what type of wood floors you want, the color of the marble for your bathroom, the exact brick you’ll use on the outside. The plans are finished, and you’re ready to go.
You’ve read through the contract between you and the builder multiple times. Your contractor has all of the necessary insurance policies in place, but do you have the insurance that you need? If you don’t have a Builder’s Risk insurance policy, the answer is “no.”
When one first moves in to their new home, the one thing in common is they must purchase a homeowners insurance policy. Most people do not understand the importance of periodically reviewing their policy and evaluating their needs. Often, the cost to rebuild increases, but some policies may not allow for an increase. What if there’s been a renovation or upgrade? How would one know whether this is covered without a review? Having a major loss is not the time to find out.
Auto-Owners Insurance is pleased to announce that Charlotte Insurance, of Charlotte, North Carolina, has been named the #1 agency of the Top 10 growth agencies for the Company in the state of North Carolina for 2014. The agency was recognized at a luncheon meeting in Charlotte and at a reception with all regional associates, where they and other recipients were presented with a plaque commemorating their accomplishment. Charlotte Insurance has represented Auto-Owners since 2014.
June 1 was the start of hurricane season. You’ve probably purchased your batteries and flashlights. You may even have a hurricane kit already set up and waiting. The moment a storm is named and headed your way, you know to fill up on gas, stock up on shelf stable foods, and hunker down to wait it out. You’re as prepared as you can be.
Or are you?
No one thinks it will happen to them. A devastating illness, a horrible accident, whatever it may be, your life can change in an instant. One moment you’re an active person, and the next you’re sick or injured with little to no independence and in need of constant care.
Long term care insurance, unlike health insurance, isn’t meant to help cover the costs of a cure. Instead, it’s used to help cover the often astronomical costs of the care you’ll need during your illness or injury, whether it’s part of recovery or learning to live with a new normal in life.
You may not think of your church or house of worship as a business entity. Why would you? You help worshipers get in touch with their spirituality. You counsel the downtrodden and visit the sick. Your church nursery is filled with precious children who may grow up to join the church as adults. You work with people. Why would you need a special type of insurance?
The fact of the matter is that churches often function as much more than places of worship. Your church may also be a day care, preschool, meeting location, counseling center, and more. Even though your intent is to take care of your community, you still have the same worries and concerns as any other business: damage, theft, destruction, and, unfortunately, potential lawsuits.
