How Home Insurance Works

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When you are a homeowner, it’s vital that you have home insurance to protect your future. If you own a home and need insurance for it, give us a call at JC Demo Insurance Group in Matthews, NC to find out more. 

Protection for Your Home

Home insurance protects your home itself. It will pay for repairs that are needed due to covered incidents that happen to your home. These may be disasters, accidents, etc. Without home insurance, all of those repair bills, and even the cost of rebuilding, would be yours to pay. It’s important to keep home insurance for as long as you live in your home because you never know when disaster is going to strike. 

Coverage for Your Possessions

The things that you own in your home are worth a lot and your home insurance protects them as well. If a serious incident were to happen to ruin your things or badly damage them, your home insurance could pay to either repair or replace the items, whichever is needed. This coverage is vitally important, as replacing all of the things in a home is outside the budget of most people. Having funds to replace items is also a good way to be able to move on quickly after a destructive incident. 

Protection Against Liability

When thinking about home insurance, many people think about the protection given to their home and their belongings, but few think about liability protection. With this coverage, when someone has an accident in your home, that accident can be paid for instead of the person having to sue you for the money for medical bills and lost wages. This is important coverage for protecting your finances. 

Get Your Home Coverage

Don’t be without home insurance. If you need this coverage, call us right away at JC Demo Insurance Group in Matthews, NC to get started. 

Required Auto Insurance in North Carolina

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When you have a vehicle in North Carolina, it is required to have the coverage mandated by state law. It’s also the law that you must have proof of your insurance when asked for it. To get the auto insurance that you need, give us a call at JC Demo Insurance Group in Matthews, NC.

Bodily Injury Liability

This coverage will cover accidents that are your fault when someone else is injured by the accident. The state requires you to have at least the required minimum amount for one person who gets injured in an accident. There is another number that is required for two or more people who become injured in the accident. 

Property Damage Liability

There is a set minimum amount of this coverage required for all motorists. This coverage pays for the damage done to someone else’s property in an accident that you are at fault for. 

Uninsured/Underinsured Motorist Coverage

This is another required type of coverage that is helpful when someone who causes an accident doesn’t have enough insurance to pay for your injuries and property damage, or they simply have no insurance at all. This coverage also covers the injuries and damage caused by a hit-and-run driver.  The amount of this that you get is generally tied to the limit of your bodily injury liability protection. 

Other Coverage

When you get all of these coverage types, there is no coverage for damage done to your vehicle if you were the cause of an accident. There is also no coverage for other incidents that can happen to your vehicle when it’s off the road. Many people add collision coverage and comprehensive coverage to cover these situations. 

Get Your Auto Coverage

If you don’t have the required insurance types for North Carolina, you aren’t driving legally, and you face fines and fees. To get your vehicle covered, call us at JC Demo Insurance Group in Matthews, NC.

How Whole Life Insurance Works

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When you are shopping for life insurance, there are a number of different kinds. One of the most popular of these is the whole life policy. This policy is run very differently from a term life policy, and it comes with a number of helpful advantages. If you want to know more about whole life insurance or other types of life insurance policies, give us a call today at JC Demo Insurance Group in Matthews, NC.

Whole Life

Whole life insurance got its name from the amount of time the policy lasts. It will last for the rest of your life as long as you pay the premiums as agreed. This is very different from the set term that governs a term life insurance policy. With term insurance, you would have to try to renew your insurance, for a higher rate, after the term is over. 

Cash Value

One of the reasons that this type of insurance is so popular is that it builds up a cash value over time. Some of the money that you pay into the policy is invested, and your policy can earn a portion of the profits. This allows you to borrow the full cash value amount if you need to. This is especially helpful to have if you run into financial trouble and need a loan quickly. The amount that you borrow is paid back like any other loan. If you pass away before the loan is paid off, your death benefit will be lowered by that amount. 

Get Your Life Insurance Policy

It’s important for those around you that you have a good life insurance policy that will pay out a death benefit to your beneficiaries. To learn more about them, give us a call now at JC Demo Insurance Group in Matthews, NC.

Should you always get commercial insurance in North Carolina?

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The Matthews, NC area has continued to be a great place to own and run a business. This area offers a lot of opportunity to those that want to build a business and have a strong local economy which offers a lot of support. If you would like to run a company here, you also need to get insurance for it. There are a few reasons that you should always get commercial coverage when you are here. 

Coverage Protects the Business

A key reason anyone here should get a commercial plan is so they can properly protect their business. If you want to run a business, you will need to find ways to mitigate your business risks. A commercial plan can be used to do just that. With this insurance, you will get coverage that can be used to repair or replace core assets or provide support if you are named in a liability claim. 

Coverage is a Requirement

You should also pursue a commercial plan as it can be a requirement for you to do so. If you are going to take out a business loan, raise money from investors, or sign a lease agreement, you are bound to have insurance requirements. Your commercial plan will give the right coverage needed to ensure you meet these requirements. 

As you are trying to build a business in the Matthews, NC area, you will continue to find having commercial coverage is very important. If you are interested in obtaining a plan here, calling the JC Demo Insurance Group is a good idea. The professionals with the JC Demo Insurance Group can offer the support that is needed to build a commercial plan. This will help ensure they remain fully covered at all times. 

Remodeling and Home Insurance

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Remodeling a home is a great way to make it feel more comfortable for the family and add value to the house. However, as you make these significant changes in your Matthews, NC home, you want to make sure it is protected and covered by your homeowner’s insurance. Keeping your policy up to date may require letting the insurance company know about the construction and remodeling projects, which may increase your premiums. 

The JC Demo Insurance Group agents can assist in ensuring your home during and after your remodeling project. 

Home Renovations

Home renovations can alter the structure of your home, which can increase the value and require changes to your home insurance policy. Additionally, there may be a liability concern and increased risks associated with the construction project. Your existing policy may not cover these risks, and you may need to increase your policy coverage. 

Insurance Coverage

In most cases, your insurance premiums will go up once you have completed all the renovations. Your insurance premiums may go up because the value of your home has increased, so the coverage you have needs to increase too. Renovation projects, such as adding a new room, kitchen, or bathroom, all increase the home’s value and affect your insurance coverage. 

Before starting renovations, call your insurance agent to discuss your plans and how they can affect your policy. Your insurance agent can walk you through your plans and provide details on insurance coverage changes required for your upgraded Matthews, NC home. The agent can let you know how much your premiums will increase and discuss other add-on options you may benefit from having. 

If you have questions about renovations and how they affect your home insurance, call the JC Demo Insurance Group experts for additional information. 

Does my auto insurance cover me if I rent a car

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It’s summer and thoughts are turning to vacation. If you are flying to your destination, you may be renting a car when you get to your chosen spot. Online reservations are the most common these days and as soon as you choose the dates, the location, and the type of vehicle you want you will be confronted with a variety of insurance options. To know what you need can be confusing. Having an independent insurance agent who knows you and whom you trust can help. In Matthews, NC, you can count on JC Demo Insurance Group to have your back. 

When determining the amount of coverage you might have for a rental car, it depends a great deal on exactly what your auto coverage on your primary vehicle looks like. If you have basic coverage only, that is what you will have on the rental. If you get into an accident, you will have liability protection but nothing else. That is not going to be acceptable to the rental car company. You need to protect their vehicle which chances are is new and expensive. 

If you don’t have collision and comprehensive on your own vehicle you need to get that coverage either through the rental company or through your credit card if you happen to have that type of coverage with your card. Check with your insurance agent about the amount of coverage you have, and it is a wise idea to call your credit card company to verify what coverage they offer.

If you want peace of mind, you should probably just get the LDW (loss damage waiver)  the rental car company offers but if your liability coverage is adequate on your policy don’t add any additional liability they may offer.  

At JC Demo Insurance Group in Matthews, NC, our experienced team will be here to guide you through all your insurance questions and needs including rental cars. 

Why should some people get life insurance in North Carolina?

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When you are in the Matthews, NC area, you are going to have many insurance needs. A form of insurance that all people need to consider seriously is life insurance. When you have a life insurance plan, you can provide financial support to those that you care about. There are several reasons the typical person here should get this coverage.

Provide Financial Support

A key reason to have this coverage is so you are able to provide financial support to those that rely on you. If you have dependents or people that rely on you and your income, protecting their financial future should be a priority. With a proper life insurance plan, you will get the coverage that is needed to ensure their future financial costs are covered. You are able to build a plan that is personalized to meet their needs. 

Investment Benefits

You should also get life insurance as it can come with investment benefits. One life insurance option you can consider is whole life coverage. When you have a whole life plan, some of your monthly payments will go into an account and slowly build with value. It also accrues interest and is considered a low-risk investment. This can make whole life coverage a great addition to your full investment strategy. 

All people in the Matthews, NC area should take their life insurance needs seriously. As getting this coverage is important, understanding your needs and options is critical when it comes to picking a plan. By working with the JC Demo Insurance Group you can learn what you need to choose and the ideal plan. The JC Demo Insurance Group can help you carefully assess your needs and options and build a plan that is right for you and your situation. 

Do all business owners in North Carolina need to get commercial insurance?

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The Matthews, NC area has continued to be a popular place for people to move to. This area has a growing economy, which can also make it an ideal location to start a small business. As you are looking to start a company in this area, you should also spend the time needed to assess your insurance needs. All business owners in this area of North Carolina will need to have commercial insurance for a few reasons. 

Coverage is a Requirement

A reason that a lot of business owners in this part of the state will need commercial insurance is that it is a requirement. Businesses in this area could be required by lenders, investors, landlords, and other parties to carry commercial insurance. Further, depending on the industry you are in, many savvy customers will want you to have proper insurance at all times due to the liability coverage you will receive. Getting this coverage can keep you in good standing with your requirements and help to protect your reputation.

Coverage Offers Valuable Support

Commercial insurance is also a necessity due to the valuable support that comes with it. A full commercial insurance plan offers both commercial asset protection and liability support. If your core business assets are ever lost or damaged, or you are named in a liability suit, this coverage can prove to be helpful. 

As you are evaluating your commercial insurance needs in the Matthews, NC area, you will want to call the team with the JC Demo Insurance Group. If you do call the JC Demo Insurance Group, you will learn a lot about your various insurance needs. The team can then provide any support needed to build a new insurance plan that will offer the right coverage and protection. 

When is it necessary for a car owner to get auto insurance?

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People that are in and around Matthews, NC will likely want to own a vehicle. If you do own a vehicle here, getting around the community will be much easier. Along with buying a car, you also need to enter into a quality insurance plan. Those that are vehicle owners in this area of the state will need to carry this insurance coverage for a few reasons. 

Insurance Will Ensure Compliance

A reason that you will need to get an auto insurance plan is that it will ensure you stay in compliance with various requirements. Insurance for a vehicle is almost always required as car owners need to have liability insurance in order to drive a car legally. Also, many vehicle owners will take out a car loan to buy a car and need to maintain collision and comprehensive insurance protection. 

Insurance Offers Valued Coverage

Even if you are not obligated by a lender or the state to carry insurance, having it is still a good idea. Those that would like to purchase a vehicle will want it to last for a long time. If you are a victim of theft or involved in an accident, your auto insurance can provide you with valued support. This could help ensure that you are able to repair or replace your car in the future. 

When you are looking for auto insurance in the Matthews, NC area, it would be a good idea to call JC Demo Insurance Group. If you are looking for insurance when you are in this area, JC Demo Insurance Group can help you better assess your needs. They can provide the guidance that is needed to evaluate your options and pick a plan that is right for your situation. 

Why Bother With Home Insurance?

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Since home insurance isn’t a legal requirement, many homeowners in Matthews, NC, wonder why they should invest in it, especially when their home isn’t under a mortgage. Well, you need home insurance whether it’s required or not. Your home faces numerous risks ranging from theft, fire, vandalism to numerous natural calamities. Without home insurance, the investment you have worked so hard to bring into fruition can go down the drain in a matter of minutes! If you are contemplating buying home insurance, here are the benefits you enjoy, according to JC Demo Insurance Group.

Dwelling protection

Since it has cost you blood, sweat, and soul to own your house, you need proper home insurance to ensure you don’t start all over again from scratch when disaster strikes. Home insurance pays for repairs or rebuilding of your home up to your coverage limit. Otherwise, without insurance, you will have to pay these costs from your pocket.

Personal assets protection

Your home is beautiful because of the assets and appliances in your house. That vase, furniture, and electronics make your house stunning. Unfortunately, danger is always lurking around the things we value. Theft, fire, smoke, vandalism, and other perils can lead to damage or loss of your assets. However, when you have home insurance, your insurer compensates you when a covered peril destroys your assets.

Liability protection

Here is why home insurance is interesting. Suppose your son punches your neighbor’s kid and knocks out their teeth? Or perhaps a tree falls on your neighbor’s house, damaging the roof? Whether accidental or intentional, home insurance can cover you in both instances. The liability coverage on your home insurance protects you against bodily injuries, property damage, and legal claims for losses you or your family member cause to third parties. 

If you are getting second thoughts about home insurance, don’t. Home insurance protects what you value most. Are you renewing or shopping for a new home insurance plan in Matthews, NC? Please contact JC Demo Insurance Group for an affordable quote.