Why Do I Need Motorcycle Insurance in North Carolina?

Motorcycle owners in North Carolina should be proactive in ensuring their vehicles because it’s against the law not to. If you own a motorcycle and drive it in and around Brevard, NC, you are required to have a motorcycle insurance policy. Failing to do so will result in a fine or confiscation of the bike. 

What Does Motorcycle Insurance Provide Me?

Just as you would insure a car or any recreational vehicle, taking the steps to insure your motorcycle will protect you, the bike itself, and other drivers on the road. Brevard Insurance Agency Inc advises all of their clients to review their motorcycle policy annually to confirm appropriate coverage.

Insurance policies offer protection and coverage in accidents (whether you are at fault or not). They protect you in the event that you need medical care, or if you injure someone else and they need treatment or care. If you are out of work from your accident and are unable to work, your policy may cover that situation. Some policies can also provide coverage if a bike is damaged in an accident, due to severe weather, or if it’s stolen.

Insurance may be considered an unnecessary "what if" in any situation, but if the "what if" happens, you will be relieved that you took the time to be proactive and protect yourself and other drivers. 

Whether you use your bike on the weekends for a quick getaway, for long drives outside of Brevard, NC, or for daily use — maintaining a motorcycle insurance policy is of the utmost importance. If you need assistance finding the right coverage for you, contact Brevard Insurance Agency Inc. Our team of experienced agents can help you build a quality policy that you can rely on. 

Why Do North Carolina Residents Need Boat Insurance?

Similar to homeowner’s insurance, boat insurance for residents around Brevard, NC is highly recommended. Boat owners or those who are thinking of purchasing a boat should contact Brevard Insurance Agency Inc to assist you with finding the best coverage and policy that suits your needs.

Why Do I Need Boat Insurance?

Boating is a popular activity here in North Carolina, and because of this, accidents do happen. To give you peace of mind when using your boat, entertaining family and friends on the water, and participating in the water sports we all enjoy, boat insurance is essential. 

Owning a boat is a large investment, and should be protected as such. Boat insurance protects your investment in the event of damage and also minimizes the liability you could face in situations where damage or injury are relevant. While you may be a safe and educated boat owner, you can’t control the other knowledge and skills of others on the water, which is worth considering when you are thinking about getting boat insurance.

Insurance helps to offset the risks of operating a boat in the water. In the event of an accident, repair, or any other damage, you will want to ensure you are properly covered so you aren’t responsible for coming up with a large sum of money to make the necessary repairs.

If you’re going to make a financial investment in a boat, do your due diligence and shop around for the best coverage in boat insurance for your own peace of mind and investment protection of your vessel. The experts at Brevard Insurance Agency Inc specialize in boat insurance and can help you find the best insurance policy in and around Brevard, NC.

The 101 on Umbrella Insurance

Umbrella insurance is additional insurance that offers protection beyond the existing limits and coverage of other policies you may have. It’s a great option to guarantee you get significant extra liability coverage, should you need it. 

This type of insurance policy isn’t required for your daily life, but it provides the extra security and peace of mind that all your bases are covered in any event or situation. Can you really put a price tag on that quality of defense?

Brevard Insurance Agency Inc is here to answer any questions and provide expertise regarding umbrella insurance for residents in the surrounding Brevard, NC area.

Umbrella insurance does exactly what it sounds like it would — extending over and above the liability policies, you maintain on your home, cars, and various other assets. 

How Does Umbrella Insurance Protect Me?

It’s a special type of policy that begins where your standard coverage ends, and provides additional support and security should you need it. Say you exhaust your insurance limit before the entire cost is covered – this is where umbrella insurance is beneficial. 

The homeowner’s insurance policy you have provides coverage for your house and the belongings inside the home. The car insurance policy you have protects your vehicle. An umbrella insurance policy covers all of those we mentioned, and then some.

Families in the Brevard, NC area who are debating whether or not they should acquire umbrella insurance should reach out to Brevard Insurance Agency Inc. We’ve built an impressive team of insurance experts who can help you prioritize your needs and make an informed decision on whether umbrella insurance is the right move for you. Contact us to see how umbrella insurance can protect you and your family.

Is your van protected?

The two most important things you need to consider when insuring your van are:

1. How was your van customized?

2. Who customized your van?

We can help navigate the confusing world of van insurance. Remember, depending on the level of customization, simply adding your van to your auto policy may not be the right choice. Let us help you protect what matters because it’s not just the van, it’s the adventure.

Gauging Your Flood Risk When Choosing a Flood Insurance Policy

Insurance companies like Brevard Insurance Agency Inc provide Brevard, NC residents and others with flood insurance based on FEMA’s flood risk charts and maps. However, you can also gauge your risk of flood by looking at various other factors and deciding if you need a policy right away.

Investigating the Right Hazards

When you’re concerned about flood risk, you need to examine various hazards near you. The best way to figure out this situation is to ask the following questions:

  • How close are you to a river or lake that could flood?
  • What is your annual rainfall during the wettest seasons?
  • Are there any histories of floods in your area?
  • Do you experience floods at any time?
  • How destructive were floods around you in the past?
  • Are you downhill or uphill water sources?
  • Does your town take reasonable control of its water management needs?

These hazards must be carefully identified to gauge your flood risk. If you think you’re relatively safe (i.e., your home is high on a hill, and you are nowhere near a river or lake), you may want to skip out on flood insurance. That said, it is probably still a good idea to get this type of coverage anyway. It can provide a myriad of benefits if the worst happens, and you do suddenly experience a surprise flood.

Ways Your Policy Would Help

Your flood insurance policy will:

  • Repair broken foundations
  • Fix your home’s interior
  • Upgrade your carpeting and flooring
  • Replace damaged appliances
  • Give you peace of mind

If you want a high-quality flood insurance policy for your Brevard, NC home, please contact us at Brevard Insurance Agency Inc. We serve this city and many others in the area and will do what we can to provide you with the secure and robust flood protection you both want and deserve.

Is your new home build protected?

Chad Banner, our Commercial Lines Manager, sits down at Ecusta Brewing to break down helpful and relevant insurance information on builders risk to help you protect what matters.

If you take anything from this episode of Between 2 Claims on builders risk it is this:

🏠Either the builder or the home owner can purchase builders risk insurance. So communication is key.
🏠 One of the main protections this policy offers is protection from theft of building materials.
🏠 It is very easy to roll your builders risk insurance into a homeowners policy when the build is complete.
🏠You can value the policy at several different levels.
🏠 We are here to help you protect what matters. After all: it’s not the house, it’s the home.

Let us know if you’re planning to build a new home – we’d love to be a part of helping you protect what matters!

How Does Life Insurance Work?

There are many benefits of life insurance for anyone who wants to protect their loved ones or beneficiaries. However, as much as most people know it is essential, they also admit they do not understand how it works. That is why Brevard Insurance Agency Inc of Brevard, NC takes explains how life insurance works.

What is Life Insurance

It is a contract between you (the insurance policyholder) and the insurance company where if you pass away, your loved ones receive a lump sum of cash based on the premiums you paid when you were alive. Below are the different types of life insurance and how they work.

Term Life Insurance

Just as the name suggests, this type of coverage is for a specific length of time, and you will find most people opting for it as they consider it affordable. If one dies during the years they were earning, the family members can use the payout to replace the income they were getting, especially if they were the sole provider in that family. Beneficiaries can put that money into various uses like funeral expenses, kids’ tuition fees, and other house expenses. This policy comes with flexibility, where you can choose the length of term you want.

Universal Life Insurance

This is a permanent type of life insurance accompanied by a flexible premium structure. One benefit of this type of policy is that you can adjust it when your financial circumstances change, as long as you sufficiently pay the required premiums.

Whole Life Insurance

Whole life insurance provides one with coverage to last them their entire life as long as they keep paying the premiums on time. It comes with a fixed cost based on your age when buying it and guarantees a growing cash value. After you die, your beneficiaries will receive a payout as long as you made sufficient payments.

Variable Universal Life Insurance

This type of policy helps protect your beneficiaries while giving you the flexibility to invest. You, therefore, get to choose where you are comfortable investing your cash.

To enjoy life insurance benefits, Brevard, NC residents can contact Brevard Insurance Agency Inc for assistance in picking the right life insurance policy to protect their beneficiaries.

Is your bike protected?

Have you ever wondered how to make sure your bike is as protected as possible?

Whether it’s a mountain bike, gravel bike, road bike or cross bike…we’ve got you covered. In our first episode of Between 2 Claims, Racheal talks about what you need to know when it comes to insuring your bike (or fleet of bikes). Tune in to this one.

After all: it’s not the bike you’re protecting, it’s the ride. Protect what matters.

When to Review your Auto Insurance Coverage

Auto insurance is usually paid by the year or half a year. When your policy renewal time arrives, you will get a package from your insurer. The front page is usually the declaration page. This page contains most of the information you need to know about your policy. It tells you who is named on the policy, the amount of liability coverage, and any other coverage that you may have. At Brevard Insurance Agency Inc in Brevard, NC, we have an experienced team who will work very hard to make sure your insurance fits your needs and your wallet. 

When your policy renews

The ideal time to review your auto policy is when you have the declaration page right in front of you. You may find you need to raise the liability limit, depending on your financial situation. If your vehicle has a meager value, you may need to consider whether collision and comprehensive coverage are necessary. The deductible can also be considered. 

When you change vehicles

When you purchase a new or used vehicle or sell a vehicle you currently have on your policy, it is a good opportunity to review your current coverage and make sure it is adequate for your needs. A newer vehicle requires complete coverage than one that is worth only a small amount. 

When a driver needs to be added or removed 

When you add or remove a driver, this is another time when it is wise to look over the amount of coverage you have. When you have a teen driver, adding additional liability insurance and complete coverage is a practical addition. 

Auto insurance is something that needs to change as your life changes. Reviewing it frequently is good for the security of your financial situation. 

Contact Brevard Insurance Agency Inc in Brevard, NC, when you require auto insurance

How commercial protects a small business

With almost 200,000 businesses, North Carolina is an attractive place to start a company. But no matter how attractive a place is, the risk for businesses is always lurking. Being prepared is the best way to make sure your business can survive anything life decides to throw at it. At Brevard Insurance Agency Inc. in Brevard, NC, we are an independent agency that caters to the needs of our customers.

Commercial property insurance

As a small business, you may rent the building you operate out of. You may even not have a brick and mortar building but operate from your truck or your home. It would be best if you still protect your tools, machinery, inventory, and your records. All of these are valuable to your business, and you need to make sure they will be replaced in the event of a covered peril. If you own the building, it will also cover that. 

Commercial liability insurance

All businesses need protection from legal actions taken against them. Someone may be injured while visiting your business or by a product you produce. They may not be satisfied with the services they received from you or by the timeframe of delivery. For any or all of these reasons, they decide to file an action against you. Liability insurance covers judgments and the cost for your legal defense up to the limit of your policy.

Workers compensation insurance

North Carolina requires every employer with three or more employees to cover them with workers’ compensation insurance. 

Business interruption insurance

When you are hit by a peril, even a covered peril, it can be weeks or even months until you are back in full operation. Your bills will not go away during that time, nor will your payroll obligations. This insurance will help you with the cash you need to keep things current until you can start doing business again. 

Contact Brevard Insurance Agency Inc. in Brevard, NC for all your commercial insurance needs.