Matthews NC

Do You Need to Call The Police Following a Fender Bender?

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If you are a driver in the Matthews, NC, area, you may have been asked, or perhaps have asked, if you need to call the police following a car accident. What if the incident is just a fender bender? JC Demo Insurance Groups believes informed drivers are better drivers, so here is what you should know about what North Carolina law says about reporting car accidents.

Car accidents involving a death or injury must be reported.

If you are involved in a vehicle accident that results in a death or injury, NC law requires it to be reported to police authorities.

If severe damage occurs.

You may also be required to call the police if severe or significant property damage results. This could include damage to vehicles or property, such as signage, fencing, etc.

If local laws require it.

Local municipalities may require a police report in an auto accident.

If your insurance provider requires it.

Some insurance carriers require a police report to file a claim.

What about fender benders?

North Carolina does not require minor fender-bender accidents to be reported to authorities. However, ensure any information exchanged is accurate and that photos document any damage. Without a police report or filing, recovering damage from another party or insurance company may be challenging.

When practical and possible, report an incident.

There may be times when traffic, workload, or the sheer volume of incidents make reporting problematic. However, if injuries, death, or serious damage occur, incidents should be reported.

Car insurance quotes from JC Demo Insurance Group.

Are you looking to lower your car insurance premiums? We may be able to help. In the Matthews, NC, area, contact JC Demo Insurance Group. We look forward to answering your questions and providing a price quote.

Top Mistakes Homeowners Make When Filing Insurance Claims

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If you have to file a home insurance claim, it can be intimidating for homeowners around Matthews, NC, especially if the party experienced a horrific event. It’s essential to be aware of common mistakes they make when navigating the complexities of insurance claims and understand how to avoid them.

Underestimating the Damage

One of the most common mistakes homeowners make when filing insurance claims is underestimating the extent of the damage to their property. It’s crucial to thoroughly assess and document all damage before filing a claim to get everything you are entitled to regarding adequate compensation.

Delaying the Claim

Some homeowners make the mistake of delaying their insurance claims. It’s important to file a claim as soon as possible after damage occurs, as delaying the process will ultimately lead to problems and the denial of the claim.

Incomplete Documentation

Incomplete or inadequate documentation is another common mistake homeowners make when filing insurance claims. Thoroughly documenting all damage, including photographs, videos, and written descriptions, is crucial to supporting your claim and ensuring a smoother claims process.

Neglecting Regular Maintenance

Neglecting regular property maintenance can result in denied insurance claims. Homeowners should ensure routine maintenance tasks are carried out to prevent avoidable damage and maintain their home’s insurability.

Not Understanding Policy Coverage

Many homeowners make the mistake of not fully understanding the coverage provided by their insurance policy. It’s important to carefully review and understand your policy to ensure that you are adequately covered and aware of any limitations or exclusions.

JC Demo Insurance Group Helps Guide You

JC Demo Insurance Group will help guide you and show you how home insurance can save you money in the long haul. Our team covers the Matthews, NC, region. Contact us today.

Tips for Choosing a Beneficiary for Your Life Insurance Policy

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What is a Beneficiary?

Your beneficiary is an individual, trust, or entity that you declare to receive the financial aspects of your estate and life insurance policy. The recipient is the person who is legally entitled to receive funds after your passing. Here are some tips from our JC Demo Insurance Group experts in Matthews, NC.

Tips For Selecting a Beneficiary

Selecting a beneficiary is a serious and personal decision and is different for every person. In some situations, you might want to have your death benefits help loved ones financially. Here are some things to keep in mind when choosing a beneficiary.

Insurable Interest

The person you name as your beneficiary must have an insurable interest or be financially dependent on you. This can be a spouse or child as long as they have a legitimate financial interest in you.

Age Qualifications

Many insurance providers won’t pay out benefits to individuals under the age of 18. However, a trust can be created for minors to hold the funds and manage the account until the age you specify in your policy is reached.

Ability to Manage Finances

To be eligible properly, your beneficiary must be able to handle and manage finances. If they are not of an age where they can handle this, establish a trust and dictate a trustee to disburse and invest funds on their behalf.

Have a Contingency

Should your primary beneficiary pass away before you do, be sure to name a secondary beneficiary, known as a contingency. This allows the secondary individual to claim the policy without having to go through probate.

Get Your Arrangements in Order Today

While planning these details can seem challenging, it is essential to consider your beneficiary. If you need guidance or a life insurance policy, contact us at JC Demo Insurance Group in Matthews, NC.

Business Insurance Solutions for Pharmacies

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If you’re a business owner or manager, you’ll want to protect your business with the suitable types and insurance amounts. If you are in the Matthews, NC, area, we encourage you to contact our JC Demo Insurance Group, Inc. team. We have provided insurance solutions for North Carolina and South Carolina businesses for over 20 years. To give an example of how we customize insurance for the many industries we work with, here are some of the policies needed by a pharmacy.

Property insurance is essential for a pharmacy to cover damage incurred to its building by fire, disaster, theft, or vandalism. A pharmacy can repair or replace the building or its damaged equipment with property insurance. While any business needs liability coverage to prevent financial loss in case a client is injured or harmed by their product or at their office, a pharmacy is more likely to cause harm due to the nature of their business inadvertently. Since pharmaceutical products directly impact a client’s health, this results in an additional potential to cause harm.

Businesses are required to protect their employees, and pharmacies are no exception. Workers’ compensation insurance can provide coverage for medical treatment if clients are injured on the job. Many NC clients have found they can best address all their needs with one of our Business Owners’ Packages. Those customized packages combine liability and property insurance to streamline your coverage. 

Call Us Today for an Appointment 

Pharmacies are only one of the types of businesses we work with. At JC Demo Insurance Group, Inc., clients in the Matthews, NC, area can learn about and purchase insurance suitable for their unique needs. Call us for an appointment to discuss your insurance needs and protect your business’ assets.

What Type of Insurance Covers Burst Pipes and Water Leaks?

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Most Matthews, NC homeowners know about the importance of flood insurance. After all, flooding can occur just about anywhere and at any time in the Tar Heel State. However, it’s important to realize that not all types of flooding are covered by flood insurance. If your home floods due to a burst pipe or water leak, your flood insurance policy won’t cover the damage. For such instances, you’ll likely need personal property coverage and loss of use coverage.

Personal Property Coverage

A regular homeowner’s insurance policy typically includes dwelling coverage, which will cover the cost of repairing your walls, floors, ceilings, and other areas of the home that burst pipes and water leaks have damaged. However, you’ll need personal property coverage to cover the cost of replacing personal valuables such as electronics, furniture, and clothing. If your items are very valuable, you may want to have them appraised to determine how much coverage you’ll need.

Loss of Use Coverage

It takes time to clean up flooding in your home, identify the cause of the damage, and do needed repairs. Loss of use coverage compensates you for relocation expenses such as hotel and restaurant bills.

Contact JC Demo Insurance Group Today

JC Demo Insurance Group serves Matthews, NC, homeowners of all ages and walks of life. We offer various insurance policy options to make obtaining the coverage that best suits your needs and budget easy. Get in touch with us at your convenience to find out more about our policy options or to obtain the policy of your choice.

The Consequences of Letting Your Auto Insurance Lapse

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Have you ever found yourself in a spot where your auto insurance lapsed? Maybe you forgot, or maybe life just got too busy. We get it—things happen. But here at JC Demo Insurance Group, serving Matthews, NC, and the surrounding areas, we want to give you the scoop on why it’s super important to keep that coverage uninterrupted.

Keeping Your Insurance in Check is Key

First thing first: driving around without insurance is a no-go. It’s not just about dodging fines; it’s straight-up illegal. And let’s not even talk about the nightmare of getting into an accident without coverage. You’d be staring down some pretty hefty bills for repairs, medical costs, and possibly even legal issues if things get messy.

The Aftermath of a Lapse

Catching up on a missed payment might seem like an easy fix, but there’s more to it when your insurance lapses. Insurance companies might start seeing you through the ‘high-risk’ lens, which can mean your premiums take a hike. And if you’re still paying off your car, a lapse could throw a wrench in your loan agreement, adding more headaches to the mix.

Reach out to us today!

Navigating the ins and outs of auto insurance can feel like a puzzle, but that’s what we’re here for at JC Demo Insurance Group. Whether you’re in Matthews, NC, or a stone’s throw away, we’re all about helping you understand your coverage and how to steer clear of lapses. Do you have questions or feel a bit unsure about your insurance status? Reach out to us. We’re here to help you get back on track, ensuring your auto insurance is one less thing to worry about. Let’s keep you covered and cruising with peace of mind.

Why You May Be Required to Have Home Insurance

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Safeguarding Your Investment with Home Insurance – JC Demo Insurance Group in Matthews, NC

Buying a home is a significant milestone, and safeguarding it should be given due consideration. This is where home insurance fits in. It’s not just an essential protective measure but often a requirement for many homeowners. Even if it’s not obligatory, this security layer can save you from unforeseen adversities. If you’re exploring home insurance options, contact us at JC Demo Insurance Group in Matthews, NC.

Why do Lenders Insist on Home Insurance?

If you’re financing your home, your mortgage lender will most likely require you to have home insurance. They technically own a share in your property until the mortgage is paid off, so they have an interest in safeguarding their investment. The coverage should be active from the day you take ownership of the home. If your home encounters harm and lacks insurance, the financial burden might fall on the lender, leading to significant losses.

HOAs, Covenants, and the Need for Home Insurance

You might believe that home insurance is no longer necessary to pay off your home. However, you could still have to maintain coverage. Many residential communities have charters or covenants defining certain standards like yard maintenance. Often, these also admonish residents to uphold home insurance. The rationale here is to uphold the neighborhood’s property value. So, even with no mortgage, housing regulations may still make insurance mandatory.

Time to Safeguard Your Home with a Home Insurance Policy

If you’re yet to secure a home insurance policy, now is the right time. At JC Demo Insurance Group in Matthews, NC, we are committed to helping you find the proper protection for your home. Give us a call today, and let’s get started.

Three Types of Coverage in an Auto Insurance Policy

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Understanding Auto Insurance Compliance and Protection in North Carolina

In North Carolina, all vehicle owners must comply with the state’s law of maintaining an auto insurance policy. However, there’s more to auto insurance than just legal compliance. It offers significant protection, preventing a serious accident from causing financial ruin. Consider contacting JC Demo Insurance Group in Matthews, NC whenever you need an auto policy.

Bodily Injury Liability Coverage

This type of coverage is crucial in paying for injuries to other parties after an accident involving your vehicle. Medical bills can be prohibitively expensive, and without this coverage, you could be facing these costs directly out of your own pocket. This policy takes care of medical bills for the other party, easing the financial load on your end.

Property Damage Liability Coverage

Property Damage Liability differs from Bodily Injury coverage as it pays for repair costs when your vehicle damages someone else’s property, such as a building, another vehicle, or roadside items. With this coverage, property owners receive financial support for necessary repairs, which can otherwise be expensive.

Collision Coverage

Although not obligatory, Collision Coverage is integral to your insurance. It covers your own vehicle’s repair expenses after an accident if another policy doesn’t cover the costs. It’s an essential protective measure for your financial well-being.

Secure Your Auto Insurance Today!

Whether you’re purchasing a vehicle or thinking of switching your auto insurance provider, don’t hesitate to reach out to us at JC Demo Insurance Group in Matthews, NC. We’re here to help you navigate your auto insurance needs.

Do You Need Commercial Insurance Products If You Have a Home-Based Business?

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While a home-based business in Matthews, NC provides convenience and flexibility, recognizing your insurance needs is critical. JC Demo Insurance Group is at your service to clarify whether commercial insurance is necessary for your home venture.

Assessing Your Business Risks

Your business faces potential risks despite operating from home, such as property damage or liabilities, which could disrupt your venture. Commercial insurance is essential as homeowner’s insurance often doesn’t cover business-related losses.

Limitations of Homeowner’s Insurance

Homeowners insurance is designed to cover residential property liabilities and personal items. Typically, it excludes any claim related to business activities. Hence, relying solely on your homeowner’s policy could expose your business to financial losses.

Commercial Insurance for Home-Based Entrepreneurs

Tailored commercial insurance products provide comprehensive coverage for home-based businesses. Property insurance covers your business equipment, inventory, and supplies at home. Liability insurance protects against lawsuits resulting from damages or injuries related to your business.

Professional Liability Insurance

Professional liability insurance is indispensable if your home-based business involves providing services or advice. Known as errors and omissions insurance, this coverage safeguards against negligence, mistake, or omission claims.

Protecting your home-based business investment with the correct insurance coverage is essential, even with the added convenience and flexibility. JC Demo Insurance Group is committed to helping Matthews, NC home-based entrepreneurs navigate their insurance needs effectively. Contact us today to explore tailor-made commercial insurance solutions for your business.

Three Reasons to Talk to Your Agent About Life Insurance Updates

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Whether you are a first-time subscriber or looking to update your existing policy, life insurance is a significant consideration for those in the Matthews, NC area. JC Demo Insurance Group understands the unpredictable nature of life and the importance of protecting your family. Here are three key scenarios where consultation with our agents is necessary for life insurance updates.

Marital Status Changes

Marriage, divorce, or the necessity to change beneficiaries influences updates in your policy. It’s crucial to list the correct person as your beneficiary. Prompt adjustments assure peace of mind for you and your loved ones.

Childbirth or Family Expansion

Welcoming a new child or planning for more can significantly reshape life. You may need extra coverage to ensure family protection. Consulting an insurance agent simplifies these adjustments and assures you have appropriate protection for your growing family’s future.

Significant Changes in Employment or Lifestyle

Significant lifestyle or employment changes may require policy updates to maintain your family’s living standards if you pass away. Balancing these new elements with insurance coverage becomes easier with expert guidance.

For any reasons necessitating changes to your life insurance policy in the Matthews, NC area, contact JC Demo Insurance Group. We are here to ensure you and your family confidently navigate the complexities of life with the proper insurance protection.