North Carolina does not require homeowners to buy flood insurance, but those residents who own houses in flood-prone areas may be required to buy coverage to qualify for a mortgage. It is also wise for residents who do not reside in high-risk flood areas to consider buying flood insurance because standard homeowners policy does not cover damages related to flooding.
The price of flood damage can easily reach tens of thousands of dollars, even with a few inches of water. Studies reveal that North Carolina is susceptible to many flood-related disasters, including seasonal heavy rains and hurricanes annually. It is vital to understand that NFIP(National Flood Insurance Program) does not cover some events such as loss of income. Therefore it’s prudent to consider buying some policies from authorized private insurance companies in the state of North Carolina.
The private flood insurance companies provide a wide range of policies, and there is the likelihood of meeting your needs. Contact our agents at Lee Insurance Agency LLC in North Carolina and acquire an outstanding insurance policy that will guarantee your protection if flood-related damages occur unexpectedly.
What is covered under the flood insurance policy offered at Lee Insurance Agency LLC?
We have two coverages as prescribed by NFIP:
Structure coverage covers:
- Standard home systems like central AC, furnace, and electrical wiring.
- Wall, windows, doors, and roof.
- Built-in appliances such as refrigerators.
- Permanent carpeting.
- Detached garages.
- Debris removal.
Property coverage covers:
- Furniture and movable -floor covering like rugs.
- Portable appliances such as window air conditioners and microwaves.
- Frozen food but not refrigerated.
What is not covered under flood insurance.
- Trees and plants.
- Hot tubs and pools.
- Precious metals.
- Cash and stock certificates.
- Outdoor paths.
Flooding is an imminent natural calamity in the entire United States, costing billions annually. Contact us or visit our Lee Insurance Agency LLC in North Carolina to avert financial ruin associated with inefficient flood insurance coverage.
Life insurance allows you to provide a safety net for your loved ones in the event you pass away. No matter what point you are at in your life, you may not have acquired the assets to maintain the lifestyle you are currently enjoying. Life insurance provides the additional funds you may need to bridge the gap. Residents of North Carolina can turn to the Lee Insurance Agency LLC for the help needed to decide how much life insurance is enough. Our family-owned agency is committed to putting our customer’s needs first.
The amount of life insurance that is enough for you personally is not a one size fits all amount. Many different factors go into determining that figure. Even in your own lifetime, your life insurance needs are likely to change.
If you are very young or alternately very old, your insurance needs will be smaller than they will be during the prime of your life. The cost of life insurance is lowest for the young so getting a policy to keep for life when you are young is a good investment.
Your life insurance should be enough to clear any debt you have. This can be a mortgage or just normal monthly bills. Your final expenses should also be included when figuring this.
Not everyone has people who count on them and their income. But for those who do, providing for them in the event of your death is something they are counting on. You need to make sure your children are provided for and your spouse or partner as well. How much life insurance is needed depends on the age of your children and your income. It has been suggested a minimum of seven years of your income is what is needed.
If you live in North Carolina, contact the Lee Insurance Agency LLC, and we will be happy to help make sure you have enough life insurance.
Many occasions arise when you are driving a rental car. If you are flying to your vacation destination, you may want to see the sights, which requires renting a car. You may rent a truck to move something or your entire family. You might have a problem with your vehicle and need to get it serviced. While it’s in the shop, you need a rental. Whatever the reason, you will be faced with many questions about insurance and whether or not you want to get the insurance offered by the rental company. At Lee Insurance Agency LLC in North Carolina, we place our customers first, and we are there for you no matter what you need.
Rental car companies offer a variety of coverages.
- Loss/collision damage waiver
- Supplemental liability coverage
- Personal accident insurance
- Personal property coverage
The simple answer to the question, does my auto insurance cover me in a rental car is maybe. It really depends on what type of coverage you have on your auto insurance policy. Whatever you have should cover you the same way when you are in a rental car. If you have liability coverage that you feel comfortable with while driving your own vehicle, it will be just as comfortable in a rental vehicle. So you can skip the supplemental liability insurance.
If you have full insurance coverage, you are covered for accidents and damage to the vehicle, but it may or may not extend to a rental car. You should call your insurance carrier to verify if your coverage extends to rental vehicles. When in doubt, take the collision damage waiver.
If you have health insurance, you don’t need personal accident insurance, and if you have a home or renters insurance policy, you don’t need personal property coverage.
Contact Lee Insurance Agency LLC in North Carolina to discuss all your insurance needs.
Lee Insurance Agency LLC assists residents throughout North Carolina by helping them find multiple types of insurance coverage. We offer our clients policies that suit their individual needs. We are proud to serve the community.
As a business owner in North Carolina, it’s important that you protect your investment. Commercial insurance will assist you as you deal with many of the challenges associated with running a business daily. The policy primarily protects your business against an emergency that could damage the long term future of your business.
You will also be protected if your property and inventory are damaged or stolen. Business interruption coverage protects your business if a natural disaster causes severe damage to your business and leaves you unable to operate or perform daily tasks for an extended period of time. Liability coverage is also important. Accidents can happen at any time. Liability coverage protects your business if a customer is injured on the premises or if a faulty product damages them. You can add workers’ compensation to protect your business and your employees if one of your employees gets injured in the workplace.
You can amend your policy based on your needs. If using vehicles is an important part of your business, you can add commercial auto coverage. This will cover your vehicles while you and your employees are out on the road, and a collision occurs. Commercial vehicles are also protected if they are vandalized or someone attempts to steal them.
If you have a large online presence, consider adding cyber liability coverage. Your business will be protected if hackers infiltrate sensitive data related to your business. The policy also covers you if someone alleges slander based on an online post.
Lee Insurance Agency LLC Will Help You Protect Your Business
For more information on commercial insurance, visit our website today!
Lee Insurance Agency LLC assists residents throughout North Carolina by offering them different types of insurance coverage. We strive to offer our clients personalized policies designed to help them protect their assets and make life a little bit easier.
Every year, thousands of people are moving to North Carolina. If you have recently purchased a home in the state, insurance allows you to protect your investment. Home insurance covers your property if it is damaged or vandalized. Your personal items are also covered if you are a victim of theft. If you have friends over to your home, liability coverage will protect you if someone suffers an injury on your property. While you are researching different policies, avoid some of these popular home insurance myths.
Flooding Is Covered
Your policy does not cover any damage caused to your home or personal items due to flooding. You’ll have the look into another type of insurance coverage.
My Luxury Items Are Protected
This is incorrect. If you have scarce luxury items at your home, you’ll have to amend your policy to cover those items. Do not assume that those items are automatically protected if they are stolen or vandalized.
I’m Covered If I Have An Issue With Insects
It’s important that you take care of your home. Maintaining proper maintenance will decrease the likelihood of you having to deal with uninvited guests in the form of insects. Your policy does not auto cover damages caused by insects. 444444
My Policy Doesn’t Cover Natural Disasters.
This is incorrect. Your home is covered if it is damaged by a natural disaster such as a hurricane or tornado. Research your policy carefully to see if your home is covered if an earthquake or landslide occurs.
Consult With Lee Insurance Agency LLC
Visit our website today to learn more information about home insurance.