Category: Insurance News

Do You Have a Water Backup Endorsement?

We just watched a WRAL "5 On Your Side" report about a Raleigh woman who experienced a sewer line backup problem that cost her $45,000 in repairs. As the video shows, the city will not pay for these damages and your insurance will only help if you have a water backup endorsement added to your homeowners’ or renters’ insurance. Even if you do have this...

Moped Insurance in North Carolina May Soon Be Law

  Moped owners in North Carolina may soon be required to carry liability insurance, the same as motorcycle and auto owners. The NC General Assembly is considering legislation to make insurance mandatory and is giving serious attention to NC Department of Motor Vehicles (DMV) information supporting this position. Currently, moped owners are required to register their bikes, but are not required to carry insurance. According...