Tag: Insurance Agent

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...

Does your business need Professional Liability Insurance?

Many businesses assume their general liability insurance covers most of their exposures. However, there are a number of situations that are excluded by general liability policies— professional liability being one of the main areas not covered. Is your business susceptible to professional liability exposures? Typically, businesses that provide professional advice are well aware that professional liability, sometimes referred to as Errors and Omissions coverage (E...

Helping Those Affected by the Hurricane

Hurricane Florence made landfall in eastern North Carolina about two weeks ago.  We in the Raleigh area were very fortunate to not be in the direct path of the storm, although we very well could have been. Resuming life as we know it has been fairly painless.  Because of this, it can be easy to take for granted our relative safety in comparison to our...

Getting Compensated for Diminished Value After a Car Accident

You are probably aware that if someone causes an accident that damages your car, their insurance will pay to fix your vehicle. However, you may not know that you could be entitled to an additional payment to cover the diminished value of your car. Diminished value refers to a vehicle's lower re-sell value due to prior accident damage. In other words, when trading in your...