It might sound like we just asked a trick question, but at JC Demo Insurance Group, our customers sometimes ask, “What natural hazards does flood insurance cover?” and that’s a great question.

Primary and Secondary Hazards

Floods don’t happen by themselves in Matthews, NC, or anywhere else. It’s considered a secondary hazard because something else has to occur for a flood to happen. A few examples include:

• Thunderstorm
• Hurricane
• Extended Rain Storms

Flood insurance covers any rising water flood. That means the flood insurance policy covers the damage of storms or leaks causing the water to build up or rise.

Although they less frequently cause floods, snowmelt and hail can also cause or contribute to floods. In these situations, flood insurance provides coverage.

Man-made Hazards

Artificial hazards sometimes receive coverage, too. If a dam breaks or overtops and causes a flood, your flood insurance covers the damage to your property.

So, what doesn’t flood insurance cover?

Home Mechanical Issues Aren’t Covered.

If your pipes burst, your home insurance covers that type of flood. The same policy covers the washing machine or water heater flooding. Your flood insurance does not cover this type of flood.

If lightning strikes your home and fire destroys part of the roof, letting rain into the attic or living areas, your insurance also covers that. In most cases, that comes from your home insurance, though.

The great news is that regardless of what situation causes the flood, so long as you purchase your home insurance and add a flood policy, you will own insurance covering every possible flood type.

Contact Us

Contact JC Demo Insurance Group serving Matthews, NC for more information on flood insurance and how it can help protect your home from the inevitable.

Life insurance offers protection to your family financially if one of you passes away. It can also be used to provide for your kids if you have difficulty handling your money. The insurance coverage is generally cheaper than raising children on your own. It can help guard against significant financial losses such as a job loss or an unexpected health condition. It can also provide financial protection when you can’t work and need extra help paying bills. 

When to consider Life Insurance 

You should purchase the insurance cover when you are financially capable of making decisions. If you are between 20 and 40, start thinking about it. The best time to start shopping for life insurance is when you have a solid net worth and feel like you can afford to put some money away each month. When considering life insurance, please don’t limit yourself to looking at the cost of the policy versus not buying it. Please focus on the cost of not having the policy and its benefit. JC Demo Insurance Group can help with tips. 

Life insurance for seniors 

In today’s world, seniors are more vulnerable than ever. They may have trouble getting around, have a limited income, and struggle with a long list of health issues. When considering how best to protect your loved ones against future expenses, it’s essential to consider how much they still have left in the bank.

A life insurance policy can help you cover expenses in case of an accident or health problem and provide for your loved one in the event of a death. To get the best coverage for your money, it’s important to do your research and find a company that offers a variety of options, such as term and universal life. 

Bottomline 

There is much information to absorb and many things you should know about life insurance. It’s always wise to have a plan if something unexpected happens. Even if you have enough money to cover it, life insurance can help soften the blow if you had a fall and break your hip. Do you need life insurance policy help? JC Demo Insurance Group in Matthews, NC can help.

Most business owners have a strong interest in protecting their business and its assets. This type of protection usually comes in the form of commercial insurance. Fortunately, business owners have the option to invest in insurance coverage that protects their business and its assets, regardless of the size. Our JC Demo Insurance Group team is invested in helping Matthews, NC business owners get the commercial insurance they need. 

What is Commercial Insurance?

Commercial or business insurance is designed to financially protect your business, regardless of its size, from a wide variety of situations and circumstances. Commercial insurance protects your business from risks like lawsuits, customer/employee injuries, property damage, theft, and a wide variety of unforeseen situations. 

Are there Eligibility Requirements for Commercial Insurance?

As a business owner, you don’t have to own a particular size business to be eligible for business or commercial insurance. Any business owner can invest in commercial insurance. Some types of commercial insurance may be a legal requirement depending on the type of business you run and the state you live in. Commercial insurance is a requirement in some states. However, those requirements will vary from state to state. More importantly, the type of commercial insurance you invest in should depend on what your business needs. A one-size-fits-all approach to commercial insurance isn’t recommended. Our team at JC Demo Insurance Group can discuss your business needs and any state legal requirements and make recommendations regarding the coverage you need. Most commonly, businesses need liability insurance that can cover various situations. Also, if you own a business with employees, workers’ compensation may likely be a requirement. 

Most businesses would be unprepared to pay for unexpected events, property damage, and many other disasters out of pocket. This is the primary reason why commercial insurance is a good idea. If you have questions about commercial insurance, give us a call. We’d be happy to answer any questions you may have. 

JC Demo Insurance Group serves the Matthews, NC community, as well as the surrounding areas. We have an established track record of helping our clients find the coverage they need to protect their assets. We proudly serve the community as an independent agency. This allows us to offer policies that grow along with our clients as their lives change. We look forward to helping you with your insurance needs.

Life Insurance Myths Exposed

At some point, everyone has to start making plans for the future. Thinking about the future is often uncomfortable. Life insurance can help you put things in place for your loved ones after you have passed away. Life insurance can help your loved ones give you a proper funeral and settle your personal affairs. If you are a business owner in Matthews, NC, life insurance can help you turn over your business to your loved ones without any complications. You can also use the policy to help secure your children’s future. While researching life insurance policies, pay attention to these common life insurance risks.

I Don’t Need Coverage Because I’m Single

Even if you are unmarried with no children, life insurance is still an asset. For example, it can help your loved ones take care of your home or vehicle.

Life Insurance Isn’t Necessary Because I Stay At Home

Even if you are a stay-at-home parent, life insurance is an asset because it allows you to put something in place so that your loved one can take over your role with care, transportation, and other services that you performed. Life insurance helps ensure that things continue to function somewhat smoothly during the grieving process.

JC Demo Insurance Group Will Help You Cover Your Assets

Visit our website to learn more information about life insurance.  

If you have a business in North Carolina, there are types of commercial insurance that you may need for that business. There are two types of commercial insurance that are required for certain businesses, and it’s important to know whether your business is one of them. If you need commercial insurance, give us a call at JC Demo Insurance Group in Matthews, NC.

Workers’ Compensation

This type of insurance coverage pays for the medical bills that result from an employee being injured on the job. When this happens, it can result in high medical bills, and this coverage protects you by preventing your employees from having to sue your company to get those bills paid. It can also pay lost wages to your employee as well as providing disability benefits. This is required in North Carolina for all businesses that have at least three employees, whether they are part-time or full-time. 

Commercial Auto Insurance

Every vehicle that is owned by a business in North Carolina has to have a commercial auto insurance policy on it. This protects your business against accidents that can happen with work vehicles. There are different coverage amounts that are required to be included in the auto policy. The policy must have a set minimum amount of coverage for bodily injury liability for one person who has been injured and has medical bills. There is another set minimum amount required for bodily injury liability for two or more people who are injured. There is also a set minimum amount required for property damage liability. If you run a trucking company, there may be other insurance coverages that you are required to have to meet regulations.

Get Your Business Insured

If your business needs commercial insurance, don’t wait. Give us a call at JC Demo Insurance Group in Matthews, NC.