How do flood and windstorm insurance differ?

Brevard, NC has a moderate flood risk, with nearly 20% of properties having a greater than 26% likelihood of flooding in the next 30 years. Your decision about flood and windstorm insurance may depend on your home’s exact location and whether you have other properties closer to the coast. Brevard Insurance Agency Inc. is ready to advise you on the insurance coverage that best meets your needs.

Homeowners, Flood, and Windstorm Insurance

To begin, let’s distinguish between homeowners, flood, and windstorm insurance. Homeowners insurance covers unforeseen damage to your home, property, and belongings and generally handles injuries to others on your property. However, your homeowner’s insurance does not cover damage from water entering your home from the street, creeks, or rivers. Instead, flood insurance, which is purchased separately, covers those damages.

Flood insurance may also cover damage due to erosion and mudslides.

Damage resulting from high winds and hail may or may not be covered by your homeowner’s policy, depending on your location. Locations subject to hurricanes generally require separate windstorm insurance to cover those damages. Many areas in North Carolina need windstorm insurance to adequately protect home and vacation properties. 

Of course, none of us control whether or how severe weather will affect our homes and families. Still, we can protect our families against the financial effects of extreme weather by acquiring the right combination of homeowners, flood, and windstorm insurance.

Working with Brevard Insurance Agency Inc.

Our Brevard, NC team will be happy to review your situation and recommend the best coverage based on your location and preferences. Call or stop by today to discuss your insurance options.

When Is the Best Time to Get Life Insurance?

At Brevard Insurance Agency Inc in Brevard, NC, we frequently hear that folks have a hard time deciding when is the right time to get life insurance. While life insurance might seem like something you can put off, it is best to consider how it could prepare you for an unexpected tragedy today. No one wants to think about using their life insurance benefit to support their family, but it is ideal to ponder how it could help your family have a sense of security if they lost you and your income sooner rather than later.

When is the best time to get life insurance?

As a joke in the insurance industry, we always like to say that the best time to get insurance for something you value is yesterday. While we might say this in jest, there is a little kernel of truth to it. Although no one can decide when the best time for you to get life insurance could be, we would recommend that you at least look into policies now instead of waiting until you have a life-threatening circumstance.

While it might seem counterintuitive, if you get a life insurance policy while you are relatively young and healthy, you can enjoy lower rates, higher peace of mind, and an overall sense of confidence in your ability to provide for your loved ones even in the event of a tragic end to your life.

As an added perk, you may have more options for life insurance policies that are affordable and desirable to you in terms of their conditions.

Reach Out To Us

If you would like to learn more about our life insurance policies and when we would recommend getting one, call Brevard Insurance Agency Inc in Brevard, NC today.

How can an auto insurance plan protect me?

Anyone living in the Brevard, NC area will want to be assured that they have proper insurance support at all times. One asset that all people here need to consider getting insurance for is their vehicle. It is important to have this type of coverage as it could protect you in various ways.

Liability Coverage

Having liability coverage is mandatory for anyone in the Brevard area. This coverage ensures that you have financial resources to cover damages if you have caused an accident. This can include making repairs for other vehicles and covering medical bills for the other driver or passengers. With this coverage, you can stay in good standing and receive very helpful financial support.

Protect Your Vehicle

One of the largest investments that someone will need to make comes when they purchase a car. Due to the value and importance of your vehicle, ensuring you and your vehicle are covered is important. When you get a comprehensive and collision plan, it can provide support for virtually all situations that could result in a loss. This includes if you are involved in an accident, if the car is stolen, or if it is damaged in another way. If you are financing the purchase of a car with a loan, your lender undoubtedly will require a full insurance plan with comprehensive support.

Give Us A Call

In the Brevard, NC area, having auto insurance continues to be a necessity. When you are looking for this coverage here, it can be a great idea to call our team with Brevard Insurance Agency Inc. There are always going to be choices to make when looking for insurance, and our professionals at Brevard Insurance Agency Inc can help you build a plan that will properly meet your needs.  

Three rules to follow when you buy commercial insurance

It’s important to insure your business. Insuring your business protects your livelihood. Business owners in Brevard, NC can meet their business insurance needs with the assistance of Brevard Insurance Agency Inc.

There are a few rules that it’s essential to follow when you’re insuring your business.

Here are three rules to follow when you buy commercial insurance:

Understand the different types of commercial insurance

A commercial insurance policy will typically include numerous different types of coverage. These can include general liability, property insurance, workers’ compensation insurance, commercial auto coverage, and more. 

You need to understand what these different types of coverage are and know whether you need them when you buy a policy. 

Consider your risks

The unique risks that your company faces depend on factors like your industry, the size of your company, and the assets that your company has. A commercial insurance policy needs to address the unique blend of risks that a particular company faces. 

Ideally, you should conduct a risk assessment to identify the types of insurance coverage and the amount of insurance coverage that your company needs. 

Update your policy periodically

You haven’t finished with all your company’s insurance issues once you’ve bought a policy. Your company will change over time. Your company’s financial risks can change as well. 

You should be sure to update your commercial insurance policy periodically. In particular, update your policy if any big changes have happened at your company. If your company invests in new equipment or gets involved in new operations, you definitely need to reconsider your insurance coverage. 

We Are Here To Help!

Get a quote today to ensure your business in Brevard, NC. Brevard Insurance Agency Inc can provide you with a quote and answer any questions you have about insuring your commercial venture. 

Is Siding Damage Covered Under a Home Insurance Policy?

Here at Brevard Insurance Agency Inc., providing home insurance in the greater Brevard, NC area, we are often asked by our customers what may or may not be covered under a home insurance policy. People often ask about surfaces around the home, including the roof, driveway, or siding. Read on to learn more about the exterior siding of your home and whether siding damage is covered by a home insurance policy or not. 

Is Siding Damage Covered Under a Home Insurance Policy?

Unfortunately, the answer to this question is not a simple yes or no. Siding damage might be covered under your home insurance policy if the event that damaged your home’s siding was a covered peril. For example, if hail damaged your siding, strong wind gusts ripped your siding off or fire destroyed part of your siding, the siding damage is likely covered as these are typically considered to be covered events under a home insurance policy.

On the other hand, if your siding is damaged due to a river flooding its banks and your policy excludes floods, your siding damage will probably not be covered. Additionally, siding that is damaged due to old age or poor maintenance is not covered by home insurance policies. 

Siding damage may or may not be covered by a home insurance policy, depending on what caused the damage to the siding. If your siding is covered, having enough home insurance coverage is important to ensure all of the damage can be repaired.

Reach Out To Us

We at Brevard Insurance Agency Inc, providing insurance in the greater Brevard, NC region, can work with you to help you find the right policy and determine how much coverage you truly need to ensure you are fully protected against the unexpected. Call or email us now if you are in the market for a new home insurance policy. 

How Much Can You Drive with Classic Car Insurance?

Don’t let the age of your car stop you from enjoying it. Classic car insurance allows you to protect and use your classic car without worry. Let’s learn about this coverage and how it can benefit you in Brevard, NC.

What Is Classic Car Insurance? 

Classic car insurance is a type of coverage that provides special protection for cars older than 15-20 years. It covers damages to the vehicle that may arise from an accident or other peril, such as weather damage or theft. It also covers liability issues related to the accident. 

Why Do I Need Classic Car Insurance? 

Classic car insurance is essential because it ensures it adequately protects your vehicle in case of an accident or other peril. It provides peace of mind knowing that if something happened to your classic car, you would be covered and not have to pay out of pocket for repairs or replacement parts. 

How Much Can You Drive With Classic Car Insurance?  

The amount of driving you can do with classic car insurance depends on the policy and the type of coverage included in the policy. Most policies will allow for unlimited pleasure use but limit the number of miles driven for business use or events like parades and shows. The best way to find out exactly how much you can drive with your particular policy is by speaking with a representative at Brevard Insurance Agency Inc, – we can provide more information about your specific coverage options. 

Get Coverage For Your Classic Car Today

If you are a classic car owner in Brevard, NC, looking for reliable protection for your vehicle, contact Brevard Insurance Agency Inc today and enjoy knowing that your car is adequately protected while on the road!

Do College Students Need Renters Insurance?

Any number of hazards can befall your rented space when you are a student in college, and renters insurance can help provide a buffer against financial loss. 

Why College Students Need Renters Insurance

College students often have expensive belongings in their apartments, and these can be obliterated during a fire, for example, as kitchen mishaps do occur and can catch an entire building in flames. Water damage from sprinkler systems can wreak havoc on textbooks and electronics, such as cell phones, tablets, and computers. 

It’s important to have a backup plan when you are a college student, and some renters’ policies have provisions that extend to hotel stays when a covered peril renders the rented policy uninhabitable. Your Brevard Insurance Agency Inc representative can go over specific details that would be included in your indemnification. 

College students are not required to obtain a renters policy according to Brevard, NC law, but many make the choice to safeguard their property using this indemnification. In addition, landlords will frequently compel renters to buy a policy, as landlord insurance typically will only apply to the building and not a student’s effects. 

Some Brevard, NC students may live in housing where theft is an issue, and it’s important to do an inventory of your valuables and their approximate values to turn in to your insurance representative. Vandalism can also be a problem, causing monetary setbacks.

Insured students will be responsible for meeting a deductible before their policy pays out, and these amounts are set when the policy is purchased, affecting monthly premium amounts. 

Brevard Insurance Agency Inc Can Help You

Your knowledgeable agent can put together an insurance package to suit your needs, and we ask you to reach out to us for more information by calling, visiting us online, or meeting us in the office. 

Protect Your Summer Fun with RV Insurance

Do you own a motorhome? If so, protect it with an RV insurance policy from the Brevard Insurance Agency Inc. If you live in or around Brevard, NC, we can answer any questions you may have about this coverage.

Why RV Insurance?

RV insurance will cover you if you cause injury or damage to others. It will pay for the expenses associated with damage to your vehicle if the incident is covered. The variety of coverage available is based on how you use your RV – recreationally or as a full-time residence.

The bottom line is, if you live in your RV, either part-time or full-time, you need insurance coverage for it. The exception to this rule is for towable trailers. RV insurance has much of the same coverage you will find on a standard auto policy, but you cannot count on your automobile insurance policy to protect your RV.

RVs are large vehicles and can do serious damage if in an accident. Pay attention to the amount of liability coverage you purchase. Only an RV insurance policy will cover liability for an RV. Your auto liability covers you for accidents while driving the RV, but vacation liability will extend coverage for accidents occurring in or around a parked RV while you are on a road trip or vacation.

Your premium payment for the RV will depend on how much you use it. Premiums can range from $200 to $3000 annually. A full-time user can expect to pay as much as $2,000 or more, while part-time usage will be around $1,000.

As RVs are not used in the same fashion as cars, you must purchase special insurance for them. The RV is like a small house, so different insurance is needed for it.

Give Us A Call

Our Brevard, NC team of insurance experts at Brevard Insurance Agency Inc. can provide a quote or answer any questions you may have about this coverage. Contact us today.

4 Add-ons to Consider for Motorcycle Insurance

Motorcycles have become a popular choice for residents in the US because of their ease of commuting and affordability. Unfortunately, the number of two-wheeler accidents has increased exponentially, hence the need for motorcycle insurance. Standard motorcycle insurance covers general risks, but sometimes you may need to purchase “add-ons” to cover specific risks. Brevard Insurance Agency Inc., serving the greater Brevard, NC community, can help you navigate this vital coverage. 

While several motorcycle insurance add-ons exist, here are four worth your consideration:

Roadside assistance coverage

Sometimes, your bike can break down when you least expect it. The situation can even be worse if the breakdown happens when miles away from your home. Thankfully, you can purchase roadside assistance to rescue you when mechanical or electrical breakdowns occur. This coverage can repair your bike on the spot or tow it to the nearest garage.

Zero depreciation coverage

New bikes often take a lot of hits from depreciation. In light of this, your insurer will compensate you for the bike less the depreciation when your bike is totaled or stolen. If you were to buy a bike similar to yours, you would incur significant out-of-pocket expenses. The good thing is that you can cushion yourself from depreciation by purchasing special coverage.

Umbrella insurance

If you are a high-net-worth individual or at high risk of being sued, you should boost your bike insurance with umbrella insurance. This coverage comes to your rescue when you cause significant accidents whose liability claims exceed your motorcycle liability insurance.

Engine protection coverage

Your standard motorcycle insurance covers engine damage if the cause is a covered loss. However, if waterlogging or an oil leak causes engine damage, you will cover this loss from your pocket. However, an add-on can help you sort out the damage.

Contact Us Today

Want to learn more about motorcycle insurance? Shopping or renewing your bike insurance in and around Brevard, NC? Reach out to Brevard Insurance Agency Inc. for all your motorcycle insurance solutions.

What Are The Different Types Of Boat Insurance?

Here at Brevard Insurance Agency Inc, serving the greater Brevard, NC community, we often get asked about the different types of boat insurance. While each policy is unique, there are some common elements that are typically included in most boat insurance policies.

Here are the different types of coverage you can get with a boat insurance policy:

Liability Coverage 

This is the most basic type of coverage and is typically required by law. Liability coverage protects you from financial damages that you may be held responsible for if you cause an accident while operating your vessel. This includes property damage as well as bodily injury to another person. 

Most liability policies will have a limit on the amount of coverage they provide. This means that if the damages exceed the limit, you will be responsible for paying the difference out of your own pocket. For this reason, it’s important to choose a policy with a limit that meets your needs. 

Collision Coverage

As the name implies, collision coverage provides protection in the event that your vessel collides with another object. This could include another boat, a dock, or a fixed object in the water. Collision coverage will pay to repair or replace your vessel up to the limit of your policy. Like liability coverage, collision coverage typically has a limit, so it’s important to choose one that meets your needs. 

Comprehensive Coverage 

Comprehensive coverage is similar to collision coverage in that it provides protection for your vessel in the event of an accident. However, comprehensive coverage goes a step further and also provides protection from damages caused by non-collision events such as theft, vandalism, fire, and weather damage. Comprehensive coverage typically has a deductible just like collision coverage does, so be sure to factor that into your decision when choosing a policy. 

Give Us A Call

There are many different types of boat insurance policies available, and each one offers its own unique set of benefits. The best way to figure out which policy is right for you is to speak with an experienced agent who can help you assess your needs and find the right solution. Contact us today at Brevard Insurance Agency Inc in Brevard, NC to get started.