How Important is Commercial Insurance in Charlotte, NC ?

Your business couldn’t be doing better, but you have an unfortunate situation where someone tripped and fell in your retail storefront. You don’t think it’s the biggest deal in the world at first, but they sue and you didn’t look into liability coverage for your business. Instead of putting all of your energy into your business, you’re in court day in and day out, looking at mounting legal expenses as you attempt to defend yourself in court and reach a fair settlement. You can avoid the massive financial hit that comes from lawsuits by looking into NC commercial insurance.

While liability is the primary reason to pick up commercial insurance, the benefits don’t end there. You can also get protection for situations that result in you being unable to conduct business normally, due to damage to your property or essential equipment. This is called loss of use insurance, and it helps to get you past unexpected disasters without having to shut your doors.

Another type of beneficial NC commercial insurance policy involves providing your vehicles with commercial coverage. This ups your coverage limits and protects any business equipment contained within the vehicles, instead of dealing with much lower limits on personal auto insurance policies. If you use many vehicles for your business, you can bring down the cost even further with fleet insurance.

Commercial insurance is designed to protect the business against any major problems that would blindside someone without financial protection. Talk to our independent agents in Charlotte, North Carolina to find out what NC commercial insurance options are appropriate for your business, budget, and way of life.

Car Insurance Agents in Mooresville, NC

Purchasing car insurance probably isn’t the highlight of your week, but it doesn’t have to be a headache. For residents of Mooresville, NC and the surrounding area, the process might be simpler than you’d expect.

Take the time to stop here and get a live price comparison from some of the top insurance companies, then go from there. Our experienced independent insurance agents would love to talk to you about your coverage options to help you find the best deal. These are some of our top tips to help you save.

1. Don’t settle for minimum coverage.

It might seem illogical to pay more per month for extra coverage, but purchasing insurance beyond required NC liability is really a smart investment that can save you from financial disaster in case of an accident.

2. Know your options.

The following are the most common types of additional protection North Carolina drivers choose to protect their vehicles and the drivers in their family.

  • Uninsured/Underinsured Motorist: Protects you if you’re hit by a driver without adequate insurance to cover your property damage or medical expenses.
  • Collision Coverage: Pays for damage to your own property (up to the limits specified by your policy) and for personal injury damages. Minimum liability coverage generally only covers those risks to other drivers with whom you’re involved in an accident.
  • Comprehensive Coverage: Pays for damage to your vehicle that’s not related to an auto accident. Examples include wind or hail damage, vandalism, or theft of your vehicle or personal property inside your vehicle.

3. Read through your policy before signing.

Before you decide on a policy, talk to one of our agents about exactly what it does and doesn’t cover. Make sure you know what your deductibles are, and don’t agree to a deductible higher than you could reasonably pay if you were in an accident. Our agents will take the time to talk to you to make sure you understand what is and isn’t covered, so take advantage of that before you commit to an insurance purchase.