Month: August 2014

How do I add more people on my motorbike insurance policy?

Posted on by AgentInsure

Finding the right motorbike insurance for your motorcycle in Charlotte, NC may be a simple task, but there are times when you will want to make adjustments to your policy. When you want to add a member of your household to your policy or when your life situation changes and you may allow another individual to ride your motorcycle, it is usually best to contact your insurer to make the changes that you need.

Evaluate Your Policy

Before you assume that you can add another individual to your current policy, read the details on your plan. Although most insurers will allow you to add a few individuals, there may be limitations on the number of people that can be covered under a single policy. Make sure that your insurer does not have any limitations or requirements before you assume that you can add the person.

Contact the Insurance Provider

Call the customer service number and talk to a representative of the company. Explain the situation and ask to add the other individual to your plan. You may be required to provide a motorcycle license before the individual is added. If your life situation has changed, then you may need to provide proof of the change like a marriage certificate or other official documents.

The insurer may be able to add the other individual to your policy without further documentation as long as you provide a license number to prove that the individual can ride a motorcycle.

There are times when you will want to make adjustments to your motorcycle policy to fit with changes in your life. In many cases, you can handle the changes over the phone or you may want to look for a new policy. Contact us to talk to an agent for more information.

How does an insurance company determine the value of my car?

Posted on by AgentInsure

An accident or a situation that causes damage to your car that is covered by your insurance policy can seem complicated, but the insurance company will usually have a set method of determining the value of the vehicle. Although there may be some room for negotiation if you feel that the amount is too low based on the current cost of the car, you should take time to research the possible value before determining that it is not appropriate or fair.

Cost of the Car

A key factor that your insurance provider will consider is the current cost of the car. The market value can change over time, so the cost of the vehicle can be a starting point.

This is generally true when the vehicle is still relatively new, such as a car that you purchased a month or two in the past. The insurer may use the current price and then calculate the depreciation rates based on the vehicle and the situation to determine a fair amount after determining that the car is a total loss.

Market Value

In the case of cars that are older and have been on the market long enough to determine the cost based on the market value, the insurer may use a guide to determine the fair market value of the car.

Depreciation rates can vary based on several factors, including re-sale value. Guides provide information regarding the current market value, which is then used to determine the value of the car. The current market value may be less than that price that you paid to purchase the vehicle.

Determining the value of your car can be complicated, but there are ways to evaluate the amount that you can expect. To learn more, contact us to talk to an agent today.

Certified Insurance Agents in North Carolina

Posted on by AgentInsure

Insurance is important when you own assets or have a variety of concerns to address. Depending on your goals and situation, the type of coverage that you want to purchase or need can vary. That is why it is important to work with certified insurance agents who can help you find the plan that is best for your assets and goals.

Narrowing Down the Choices

Before you find a plan that is appropriate for your goals and concerns, you must narrow down the options that are available. The best plan for your situation can vary. The assets that you own and the type of problems that you can expect to face may impact your options.

An agent is a professional who helps you narrow down the choices by explaining your options. When you work with an agent, you do not need to waste time or effort. You can find the best rates and the protection that you need.

Obtaining Information

Agents do more than just help you compare your options. They can provide valuable information when you are making a claim or when you are not sure about a policy. An agent can explain the terminology and answer your questions at any time of the day or night.

Talking to an agent allows you to find out details that you may have missed or learn more about the options that are available for your assets. The best plan for your situation can vary, so an agent can be a useful individual to bring into the process of finding a policy.

Taking measures to protect your assets, property and personal concerns can require the right insurance policy. To learn more about your options or gain information about the different plans that are available, contact us to talk to an agent today.

Major factors that decide Home insurance rates in NC

Posted on by AgentInsure

Your home insurance rates in North Carolina are based on many factors. By understanding the common major factors, you may be able to find areas where you can save on your yearly premiums.

The value of your home

The amount it will cost to insure an $80,000 home will be less than the cost for a $300,000 home. This factor also depends on the type of repair or replacement insurance. Options include actual value or replacement insurance. The amount of your deductible plays a role in your premium as well.

The risks to your home

The location of your home and the type of construction are major factors in calculating your homeowners insurance premium. If your home is located in an areas with a large number of wild fires, hurricanes or tornadoes, your premiums will be higher.

You cannot necessarily move your home to a better location, but you can take some steps to reduce risks. Smoke, fire and burglar alarm systems can reduce you costs.

Older homes with older roofs, outdated plumbing, HVAC and electrical systems, will cost more to insure. The insurance company is looking at the risks the home presents. Updating these systems can go a long way to reducing your insurance costs.

Additional factors

Your claim and credit history are considered in an insurance quote. If you file frequent claims, your insurance costs will be higher than if you do not. If the claim amount is small, consider handling it without insurance. Homeowners with a higher credit rating are seen as less of a risk than those with a poor credit history.

Property features also have an impact. If you have a swimming pool, trampoline or a dog that is characterized as aggressive, you insurance costs will be higher.

The independent agents at JC Demo Insurance Group are ready to help you get the lowest home insurance rates possible. You can also compare quotes online. Call us today to see how you can save on your insurance premiums.