While running your own business is rewarding, it also involves a lot of responsibility and stress. Fortunately, commercial insurance can provide business owners with security and help ensure a company’s financial obligations are met. Cross Creek Insurance offers commercial insurance to business owners in Hope Hills, NC.

The following are four things that you should keep in mind if you’re in the process of buying commercial insurance. 

Some types of commercial insurance coverage may be required by law.

Business owners shouldn’t assume that buying commercial insurance is always optional. In some situations, business owners are required by law to purchase commercial insurance coverage.

Commercial auto and workers comp insurance, in particular are types of commercial coverage legally required in many situations. 

It would be best to get quotes from a few commercial insurance providers.

Commercial insurance providers in your area can provide you with a quote on a policy. It’s essential to get numerous quotes that you can compare so that you can be sure that you’ve chosen a good option for your commercial insurance coverage. 

Commercial insurance coverage may be subject to various exclusions.

Don’t make any assumptions about what your commercial insurance covers. Commercial insurance policies can be subject to exclusions that ensure that certain expenses won’t be covered under your policy.

Be sure to read the fine print so that you know exactly what your policy covers and doesn’t cover. 

Your commercial insurance coverage needs may change over time. 

As your company grows, your insurance needs change. That’s why it’s so important to update your commercial insurance policy once in a while. 

Ensure that the right commercial insurance policy covers your company in Hope Hills, NC. Get in touch with us today at Cross Creek Insurance and learn more about the coverage options that we offer. 

Business owners should know the challenges they might face when they insure their company in Hope Hills, NC. At Cross Creek Insurance, we can help you overcome these challenges and protect your company and livelihood with quality insurance coverage.

The following are three challenges you may face when you buy commercial insurance. 

Understanding your legal responsibilities

In certain situations, businesses are required to have commercial insurance. For example, you may need to have workers’ compensation insurance if you are an employer depending on the state in which your business is located. 

You need to research your legal responsibilities and ensure you’re meeting them with your commercial insurance coverage. Otherwise, you could face fines and other penalties that may compromise your company’s profitability.  

Deciding how much commercial insurance your business needs

Many business owners buying commercial insurance for the first time aren’t sure how much coverage they need. The amount of coverage you need depends on various factors, including the size of your company, the industry in which you operate, and the structure of your business (sole proprietorship, LLC, etc.)

If you’re uncertain about how much coverage you need, you should discuss this issue with an insurance company representative or a financial professional such as your accountant. 

Knowing when it’s time to buy commercial insurance

Generally, you should purchase insurance immediately after starting a company. Even if your company is still just a tiny startup, it’s best to have insurance coverage. 

At Cross Creek Insurance, we’re happy to assist companies that need insurance in Hope Hills, NC. Contact us online or by phone to learn about your insurance options. 

Many think of life insurance as a way to financially protect surviving loved ones. And life insurance is that, but it can also be much more. When you’re ready to discuss your life insurance needs, please contact Cross Creek Insurance, serving Hope Hills, NC. We can help assess your situation so you get the life insurance you and your loved ones need. In the meantime, here are some essential things to consider when considering life insurance.

Life Insurance Can be an Investment

Whole life insurance policies have grown in value over the years. They can serve as a significant financial investment for later on in life. For instance, if you ever need a short-term loan, you could borrow a certain amount on your whole life insurance policy for a preferred rate. Then, you pay it back, which goes back to your insurance policy.

Life Insurance Can Help Pay For a College Education

When it comes time to fill out your child’s student loan paperwork, you don’t legally have to declare the value of a whole life insurance policy. Yet, you can cash in that policy and use it to help fund your child’s college experience.

Your Loved One Needs Time

When calculating your needs for a term life policy, many people think only about their loved ones paying for the mortgage and bills for the time being. But bear in mind that losing you will play heavily on their hearts. They’ll need lots of time off of work to grieve, emotionally heal and try to put the pieces back together. In short, whatever figure you came up with, you should increase it so your loved one isn’t forced to return to work too soon.

Contact Cross Creek Insurance, serving Hope Hills, NC for all your life insurance needs, including whole life, term life, and more!

Extending the life of your tires when summer hits requires proactive precautions and maintenance. The specialists at Cross Creek Insurance in Hope Hills, NC provide these helpful suggestions to help maximize your tire’s lifespan during the summer months –

Check/Maintain Proper Tire Pressure

Tire pressure should be checked and adjusted routinely all year. However, when the heat arrives, the tire’s air expands and overinflates the tire. It is best to refer to the owner’s manual (or the label inside the driver’s door) for the best or recommended tire pressure.

Regularly Rotate Tires/Maintain Wheel Alignment/Balance

Rotate the car’s tires following the manufacturer’s recommendations or every 5K to 8K miles. Routinely rotating the tires ensures they wear evenly–extending their useful life.

Don’t Overload the Vehicle

Be aware of your vehicle’s weight limit and avoid excessive weight, as this adds stress to the tires, increases the heat, and accelerates the tire’s wear. Hot weather further aggravates this situation.

Check Tire’s Tread

For the tire to maintain control and traction, the tread depth must be enough to match the desired performance. The minimum legal tread depth varies by jurisdiction.

Avoid Excessive/Aggressive Speed & Driving

Fast and aggressive driving generates additional friction and heat, increasing the wear on the tires.

Park in the Shade

When available, park the car in the shade or use a car cover, as extended sunlight exposure can degrade the compounds used to manufacture tires.  

Regularly Inspect for Damage

Check the tires for bulges, cuts, or other damage. Driving on damaged tires can be needlessly risky.

For additional information about automobile insurance and policies available for those who live or work in the greater Hope Hills, NC area, contact Cross Creek Insurance at 910-423-2900.

It’s not uncommon for Hope Hills, NC residents to think of life insurance as only beneficial to those in specific demographics. Or, most often, something that can be pushed to the back burner and dealt with later. However, the truth is that many families and individuals from various backgrounds and financial situations can significantly benefit from having a life insurance policy in place but don’t realize it. Today, we’ll examine who needs life insurance and when you should get it.

Who Can Benefit From Life Insurance

The decision and reasoning behind purchasing a life insurance policy can be deeply personal. But at the end of the day, a life insurance policy can make all the difference to those you leave behind, relieving the stress and anxiety that often follows the passing of a significant provider. With a life insurance policy, anyone with a mortgage, rent, car payment, debt, or other expenses can rest easy knowing that their loved ones won’t have to worry about paying all those bills on their own. Even if you don’t currently contribute a regular income to your household, you likely do things that can be difficult to keep up with upon your passing without some financial support.

Find the Right Life Insurance Policy For You Today

Like with other insurance policies, there’s no one-size-fits-all approach to life insurance. With a range of policy types and values from a vast pool of providers, it’s essential to work with an experienced Hope Hills, NC agent to ensure you buy the right plan. At Cross Creek Insurance, our team will go the extra mile to help you find the coverage that’s right for you. Contact us today to learn more!

If you’re a Hope Hills, NC business owner, the right commercial insurance policy is an absolute must to protect yourself from potential liability. But if your company sells products, your policy really isn’t comprehensive enough until it includes product liability coverage.

We at Cross Creek Insurance will be happy to review your policy with you and ensure it’s thorough enough. But in the meantime, here’s a brief look at some of what business owners should know.

Why Do You Need Product-Specific Protection?

Naturally, you put a lot of care and effort into ensuring your products are right before releasing them to the general public. But mistakes, accidents, and chance mishaps can happen to anyone, so planning is essential.

Commercial insurance that includes product liability coverage protects you if one of your items is ever connected to an accident or other unfortunate incident. It’s essential if your company sells or manufactures products like:

• Clothing
• Food
• Pharmaceuticals
• Motor vehicles
• Electronic, industrial, or mechanical equipment

What Types of Claims Should Business Owners Watch Out For?

A product-related claim could materialize from anywhere and for a multitude of reasons. Savvy business owners need to be aware of them when considering their commercial insurance options. Examples include the following.

• Manufacturing errors are usually isolated incidents but can cause injuries, side effects, and more, depending on the product.
• Design flaws can cause similar problems. However, the issues involved are usually further reaching and may call for solutions like recalls.
• Deficient operating instructions, disclaimers, and safety warnings can also open a business up to liability, so be as thorough as possible when packaging your products.

Ultimately, there’s no such thing as being too protected if you manufacture and sell products as part of your Hope Hills, NC livelihood. Cross Creek Insurance’s insurance experts can help you understand your options. Call us today and let us know how we can assist you!