North Carolina has one of the most ecologically diverse areas to travel through, with ocean front, mountains, and near tropical biomes. When you’re driving around and enjoying all of the sights that North Carolina has to offer, you want to keep the state’s requirements in mind for auto insurance coverage. Otherwise, the North Carolina insurance rules mean that you get points on your licenses or a fine if you don’t have it.

North Carolina requires you to hold liability insurance on your car to meet the legal requirements of the state. Liability insurance means that if you have liability financially in an accident, the insurance pays for your costs instead of you trying to pay tens of thousands of dollars out of pocket because of an accident. Likewise, the person who hits you in North Carolina would have their insurance pay out due to their liability in the accident.

Liability insurance often comes with a rider that accounts for uninsured motorists as well. While it’s legally required to have insurance in North Carolina for your car, some people will drive around without it and only deal with the issue when they get caught. Your liability insurance has uninsured motorist riders that help to pay for the damages, both physical and medical, caused by these drivers.

Looking for insurance in North Carolina? One of the best ways to find out what options you have available is by getting in touch with an independent agent and using their online quote system so you get all the quotes you need without spending a lot of time on the process. There’s nothing quite like finding out how much insurance is going to cost you when you don’t even have to get out of bed or pick up a phone to start the process.

Choosing a term life insurance policy for yourself or your loved one in Hope Mills, NC gives you the opportunity to explore a wide variety of options. With a little help from one of our independent agents, you can easily find the right type of coverage from a variety of carriers at reasonable and competitive prices. When choosing your next life insurance plan, you may be asked which premium mode you’d prefer.

Premiums for term life insurance policies can be paid in monthly, quarterly, semi-annual or annual installments. These payment types are known as “premium modes” and, in most cases, you’ll be given an opportunity to choose one as you set up your life insurance coverage. The term is also used by some insurance providers to describe available payment options such as automatic electronic funds transfer, credit cards and checks.

Each premium mode has its own set of unique benefits and drawbacks. For instance, choosing an annual premium mode may not only be cheaper in the long run, but it also allows you to pay off the yearly amount in one go. Monthly and quarterly premium modes are usually more convenient, but they also come with a slightly higher cost when compared to annual and semi-annual modes. The more frequent the payment schedule, the more it’s likely to cost you over time.

Whichever premium mode you ultimately choose for your term life policy depends largely on your specific circumstances. It’s important to give us a call so that we can best help you find the right payment methods for your plan. You may also be able to find helpful discounts that bring down your payment amounts and benefit from the best policies available.

Finding the right life insurance plan for your needs and family may result in considering a whole life policy in Hope Mills, NC. Depending on your plans and concerns, traditional whole life policies that are appropriate for your needs can vary. Understanding the type of plans that are available can make it easier to select a policy when you are ready to buy life insurance.

Traditional Plans

A traditional whole life policy refers to the basic plan that carries forward as long as you make payments on your premium according to the details of your contract. It will not expire and your family is guaranteed to obtain the funds after you pass away.

In a traditional plan, many insurers may offer a clause that allows you to withdraw from coverage if your circumstances change or you are not able to pay the premium.

Universal Plans

Universal life insurance policies are similar to a basic whole life plan, but it offers a little more flexibility when it comes to your payments and premium. The policy will still carry forward for your entire life and will pay out to your beneficiary when you pass away, but you have the opportunity to make changes to the plan, the amount that you will receive and even the premium that you pay. As a result, it is more flexible when unexpected life events occur. It allows you to limit the cost when times are tough so that you are not struggling to keep up with your policy.

Finding a policy that is appropriate for your goals and needs can be challenging. Contact us to today to talk to an agent for more details about your options and the type of life insurance plans that are available.

If your home in Hope Mills, NC is damage by a covered event, your home insurance is designed to help you make the required repairs. Your insurance deductible is the amount you pay out of your pocket for the repairs. You only need to pay this amount once per any event. The method for how it is paid depends on whether the company pays the contractor directly or reimburses you after the work is completed.

Direct Payment to a Contractor

In many cases, your insurance company will work directly with the contractor you have selected for the repairs. The first step is having the insurance company adjuster determine what the repairs should cost or what the company is willing to pay. You should get a few estimates from reliable contractors and the estimates need to be within the amount the insurance company is offering.

If the company decides that the repairs should cost $3,000, a payment would be made to the contractor for that amount minus your portion. For example, if your deductible is $500, the insurance company would pay $2,500. You would be responsible for paying the balance.

Homeowner Reimbursement

In the same situation, your insurance company might pay you directly. You would pay the contractor the $3,000 and receive a reimbursement from your insurance company for $2,500. However, if you have a mortgage on your home, the reimbursement check may be made out to both your and your mortgage company. Lenders often want to ensure the work actually was completed before the check will be signed over to you.

As your independent agent, we will work with the insurance company on your behalf. If you have any questions or concerns, please contact us. We can also help you compare home insurance costs online to ensure that you are getting the best rates.

If you have been in an accident recently you may be wondering about how the insurance will work in regards to your medical bills and other damages. The answer to "Does the liability insurance cover my medical bills?" depends entirely upon the type of insurance that you have, and upon who was responsible for the accident.

Liability insurance is the type of coverage that is designed to cover the medical bills of other people if you were the responsible party for the accident. Thus, if you are hurt in an accident because of another person’s negligence, their liability coverage will pay your medical bills once liability has been firmly established.

On the other hand, if you are the driver responsible for the accident and you incurred medical bills as a result of the accident, your liability coverage will not generally cover your medical costs. While liability is designed to protect other people, comprehensive insurance is designed to protect you.

If you are driving and cause an accident that generates medical bills for both you and the other people involved, your insurance may be involved in a couple of ways. The liability coverage will usually be used to pay the medical costs of the other persons in the accident while the comprehensive coverage will pay the medical costs that you incur.

Having a well rounded auto insurance policy means having several different types of coverage in most cases. Your insurance agent can create a bundle that includes all the insurance you need to be sure to protect both other people and yourself in case of accidents. Check out our live comparative quotes or feel free to give us a call for a free quote today!

There are different types of endorsements available for commercial insurance policies in Hope Mills, NC. Depending on the type of business, you may need an automobile endorsement and if you run your business from your home, you may be able to purchase an endorsement with your homeowners policy to cover extra business costs.

Most business carry BOP or Business Owner Policy coverage on for commercial insurance. This plan covers property, lost production time, and basic liability. This policy does not cover vehicles used for business purposes. You will want to speak with an independent agent at Cross Creek to find an endorsement to add to your BOP plan that will protect your vehicles. You will also want to compare quotes and rates to find a plan that will fit your needs and your budget.

BOP insurance plans also do not cover professional liability. You need to purchase an endorsement that will protect your interests in the event you are sued. Business owners are expected to be proficient in their business, and they can be sued for negligence. A professional liability endorsement will take care of this type of protection. You may also want to speak with an independent agent if you work from home. Sometimes the most economical insurance choice is to add an endorsement to your homeowners policy.

If you are looking for options when purchasing commercial insurance in Hope Mills, NC, you need to speak with us about the endorsements available to make sure you have all of the coverage you need. Your business is important and protecting your investment is essential. Contact your independent agent at Cross Creek today.

There are several factors that determine commercial trailer insurance rates and there are also discounts available in Raeford, NC. One of the main factors is the make a model of the trailer and the annual mileage. Other factors include what types of cargo the trailer carries, the destination, and the drivers of the vehicle. You will need to take all of these factors into account when determining how much you can afford to pay for commercial insurance on your trailer. You will also want to speak with an independent agent at Cross Creek about available discounts.

The older the trailer, the less expensive the insurance coverage. Just like with a car, you will pay more for insurance if you own a newer vehicle. Also, if your trailer hauls hazardous or dangerous materials, you will pay more for commercial insurance. When hiring employees to drive your trailers to their destination, you need to look at their personal driving record and make sure they have not had several accidents or tickets. All of these factors will increase the price you pay for insurance. At Cross Creek we can easily help you compare quotes to find a commercial insurance rate that will fit your budget.

You will also be able to find discounts on insurance if you hire drivers over the age of 25 who also carry a CDL license. These are trained professionals and insurance companies are more likely to give you a discount. Speaking with an independent agent in Raeford, NC about your commercial insurance options will help you determine the type of coverage you need and the discounts you can receive. Call and speak to one of our agents today.

There are several types of tax benefits when you purchase life insurance in Fayetteville, NC. You can purchase term life using pre-tax money that is not taxed until you withdraw the funds and permanent life insurance provides tax free benefits for the beneficiary. Speaking with an independent agent at Cross Creek will help you find the answers you need about taxes and life insurance.

One of the best tax benefits with life insurance is using pre-tax money to pay the premiums on term life insurance. Your employer may offer this through company benefits and you may be able to transfer the premium if you leave your job. Using this method, you do not have to pay taxes on the amount held in the plan until you receive the benefits.

Other types of tax benefits can be found with permanent or universal life insurance coverage in Fayetteville, NC. While you will pay taxes in the beginning, the beneficiary of the policy will not have to pay taxes when he or she receives the benefits. It is best to speak with an independent agent about all of the available options.

If you are thinking about purchasing a life insurance policy in Fayetteville, you need to speak with us so we can explain all of the benefits. Many policies are very affordable and can provided protection for your family and give you peace of mind. You will need help to determine the amount of life insurance you need. Call your independent agent at Cross Creek today.