Understanding Motorcycle Insurance Terminology in North Carolina

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Like auto insurance motorcycle insurance in Nashville, NC has mandatory minimum requirements, but this is often not enough for motorcycle riders in North Carolina. Your bike is a dream come true, and it is something that you want to protect. You need to protect yourself as well.

In the event of a collision, you want to protect both your body and your property from financial loss. At Hedgepeth-Hutson Insurance Services Inc. we can help you to understand the terminology in your motorcycle insurance policy.

Motorcycle Insurance Terminology 

Minimum motorcycle insurance coverage will cover you for medical expenses and property damage.  You may want additional coverage, and should know exactly what you are and aren’t covered for in the event of a problem at your home.

  • Bodily Injury Liability: This is a standard for motorcycle insurance, and covers you if you are legally responsible for someone else’s injury or death after a collision.
  • Medical Payments: This coverage will provide excess medical payments for medical costs that are in excess of what standard medical coverage provides after an accident.
  • Comprehensive Insurance: This will cover you for all damages or losses incurred by acts that aren’t collision-related, such as fire, vandalism, or theft.
  • Passenger Liability: When you are responsible for a collision, this coverage will pay for all costs related to injury, illness, or death to other parties.
  • Property Damage Liability: When you are at-fault in an accident, this will cover property losses and damages to other parties.
  • Accessories and Special Parts: This coverage will replace any accessories that you have put on your bike in the event of damage or collision. That could include chrome, gear, fairings, windshields, and more.

Get a Quote

When you ride a motorcycle in Nashville, NC, you know that you already have higher risks on the road. At Hedgepeth-Hutson Insurance Services Inc. we want you to feel protected against all risks when you are enjoying the freedom a motorcycle brings. Call us for a quote today.

Who should get a boat insurance plan in Nashville?

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People that live in the Nashville, NC area will find the area can be a great place to live during the warm summer months of the year. There are a lot of great recreational waterways in the area, which can make it a top place to own a boat. Anyone that wants to invest in a boat this time of the year also needs to have the right insurance. There are a few situations when this coverage is important to have.

When Trying to Cover Assets

A situation when you should get a boat insurance plan is when you want to cover your asset. If your boat is stolen or damaged in any type of accident, having the right insurance coverage will prove to be very advantageous. With this protection, you will be able to repair or even replace it when incurring certain types of loss.

When Trying to Mitigate Liability Risk

You should also try and get boat insurance if you want to mitigate your liability risk. Those that want to operate a boat are going to take on liability risk on a regular basis. If you cause any type of accident, you will need to cover the associated damages. Fortunately, you will have coverage for this risk with a boat insurance plan. 

As you are looking for a new boat in the Nashville NC area, it would be a good idea for you to call Hedgepeth-Hutson Insurance Services Inc. There are a lot of choices that need to be made when you are looking for coverage and Hedgepeth-Hutson Insurance Services Inc. can make it easier for you. When you work with them, they will help you assess all of your options and boat insurance needs and can then help you build an appropriate plan. 

How Does Umbrella Insurance Protect Me?

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Do you feel like your current insurance coverages cover you and your assets adequately? What would happen if you are faced with significant liability charges? Would your home, auto, or boat insurance suffice? If the answer is no, you need to consider umbrella insurance from Hedgepeth-Hutson Insurance Services Inc. of Nashville, NC. 

What is umbrella insurance?

Umbrella insurance is one of the most commonly misunderstood insurance coverages. Perhaps, because of its name “umbrella,” most people assume that this insurance coverage covers you against everything. Well, the truth is that umbrella insurance gives you extra liability protection when your conventional liability coverages run out.

Umbrella insurance isn’t offered as a stand-alone insurance. It rides on other insurance coverages like auto, renters, home, or boat insurance. Additionally, umbrella insurance doesn’t cover damage or injuries to you. For instance, if someone steals your car or fire destroys your home, umbrella insurance won’t step in.  

How umbrella insurance protects you

Then, if umbrella insurance doesn’t protect my own injuries or property damage, how does it protect me? Below is a rundown of how umbrella insurance protects you. 

  • Pays defense costs: If you are sued, you will have to pay lawyer and processing fees. These costs can quickly stack up, leaving your pocket dry. Thankfully, when you have umbrella insurance, it covers legal costs including, settlement claims when you are found guilty.
  • Provides property damage protection: Assume that a tree from your garden falls over and damages your neighbor’s house. Your home insurance protects you, but umbrella insurance kicks in when your home insurance limit is exhausted.
  • Provides bodily injury coverage: Umbrella insurance protects you when you cause injuries to third parties. For instance, if you are at fault for a severe accident causing significant injuries to the other driver, umbrella insurance covers medical costs and legal claims exceeding your auto insurance.
  • Personal liability protection: Covers you against libel, slander, and other personal liabilities not covered by other insurance coverages. 

Would you like to get umbrella insurance protection in Nashville, NC? Please contact Hedgepeth-Hutson Insurance Services Inc. Our team will help you choose an umbrella insurance plan that protects your assets and future earnings.

What Does Flood Insurance Cover?

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We need water to live, but sometimes water can have detrimental effects when it hits our house as a flood. The damage from a flood can be extremely costly and time-consuming to clean up, so it does not cause mold to form. A homeowner can end up pain $20,000 or more due to damages from just one flood.

People who live in floodplain areas are more than likely required to have flood insurance, but it’s a great idea for everyone to have it because you never know when a flood will occur in your area. While North Carolina homeowners are not required to obtain flood insurance, it is available throughout the state through a federally-backed program called the National Flood Insurance Program. It can be obtained through private insurance companies, such as Hedgepeth-Hutson Insurance Services Inc. in Nashville, NC.

Types of Flood Insurance

There are two main types of flood insurance available to homeowners: building property flood insurance and personal property flood insurance. The building property type insurance will provide the replacement cost value of your house if it is destroyed in a flood or to repair damages in curd to your house from a flood. Personal property flood insurance will provide coverage to replace $100,000 of your personal belongings and household items that were inside your home and lost to a flood. This does not include the depreciation value of each item.

To obtain a private flood insurance policy with all the coverage you need for your situation, contact the flood insurance agents at Hedgepeth-Hutson Insurance Services Inc. in Nashville, NC. Call for a flood insurance policy quote or for an appointment to obtain a flood insurance policy and get it started. Time is essential since many policies do not go into effect until 30 days after the policy is initiated. In other words, do not wait until the storm is upon you to try to get your flood insurance policy in place.

Life Insurance Means Peace of Mind for Your Family

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There are many ways to have more peace of mind, and a good life insurance policy can be one of them. Not only will it give you more comfort, but your family will also feel more secure. At Hedgepeth-Hutson Insurance Services Inc., we can help you find the right life policy for your needs. If you’re in the Nashville, NC area, we’re here to answer your questions and work with you to locate the insurance coverage that fits your lifestyle and family situation. Everyone is different, and you want to get an insurance policy that’s going to be specific to your needs.

Knowing that your family is protected in the event of your death can be very important when it comes to feeling secure. It can help you enjoy life with your loved ones and not worry as much about the future. It can also give you and your family the freedom to have adventures and do things together, so you don’t focus on concerns or potential problems. Your family may rely on you to take care of them, and if you can’t do that anymore, it helps to know they’ll still be provided for properly.

If you’re in or around the Nashville, NC area, reach out to us today at Hedgepeth-Hutson Insurance Services Inc. We’ll work with you to find the right life insurance policy for your family’s needs.

There are several factors to consider when choosing this type of policy, and the best way to get the information you need to make an informed choice is to talk to trusted professionals. Our trained and dedicated agents want you to have the coverage you need and feel secure in your policy choice, so your family will have the protection you want for them.

Comparing Comprehensive Auto Insurance Coverage vs Collision Coverage

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Hedgepeth-Hutson Insurance Services, Inc. serves the Nashville, NC community by offering a wide range of insurance coverage. We take the time to assess each of our client’s situations to help them find the right policy for their individual needs. We are committed to offering our clients quality customer service.

Comparing Comprehensive Auto Insurance Coverage Vs. Collision Coverage

Auto insurance helps cover you as you travel around Nashville, NC. There are two primary types of coverage that you can add; comprehensive and collision. You can also add supplemental coverages to your policy. Uninsured motorist coverage will protect you if your vehicle is damaged by someone who does not have coverage. Emergency coverage protects you if you need urgent towing service or another type of roadside assistance.

Comprehensive

Comprehensive coverage protects your vehicle if it is damaged due to a fire or another type of natural disaster. You are also covered if your vehicle is stolen or vandalized. Comprehensive coverage helps you prepare for freak accidents, such as a flying object causing damage to your vehicle or an animal colliding with your vehicle. Comprehensive coverage also protects your vehicle if inclement weather causes damage to your vehicle.

Collision

Collision coverage protects your vehicle if you are involved in an accident with another driver or object. You are covered if your vehicle runs into a tree or pole. You are also protected if your vehicle hits a pothole and causes damage.

Factors To Consider

Think about the amount of mileage that you have on your vehicle. If you do a lot of driving, consider adding comprehensive coverage because the risk of being involved in an accident is higher. If you drive your vehicle for business-related endeavors, consider adding comprehensive coverage.

Hedgepeth-Hutson Insurance Services, Inc. Will Help You Stay Covered On The Road

Please explore our website today to learn more information about auto insurance.

How does commercial insurance support a North Carolina business?

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The Nashville, NC area continues to be a great area for business owners. Those who choose to operate a company in this area will find a lot of support for small businesses. If you would like to start a small business in this area of North Carolina, having insurance is extremely important. A commercial insurance plan can support a business in several different ways. 

Insurance Covers Business Assets

A lot of business owners in this area of the state need commercial insurance because it will protect their business assets. If you are going to build and grow a business, you need to know that your core assets are protected. A great way that you can do this is by getting a commercial insurance plan. With this protection, you will be reimbursed if you suffer a loss related to your assets’ damage or theft.

Insurance Gives Liability Protection

The risk of being sued for liability should be a concern for any business owner. Even if you follow great practices, there is always a chance that a mistake could occur. Fortunately, you can offset and mitigate this risk if you get a commercial insurance plan. With a commercial insurance policy, you will get a certain level of liability insurance protection that could keep you solvent and protected if you are sued.

Picking the right commercial insurance plan in the Nashville, NC area is an important decision. To ensure that you pick the best policy possible, you should call the team with Hedgepeth-Hutson Insurance Services Inc. If you reach out to Hedgepeth-Hutson Insurance Services Inc., you will get to know a lot about your different options. Our team can then give the support needed to build a reliable policy. 

Who needs to get home insurance?

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The St. Bunn and Nashville, NC area continues to be one of the fastest-growing areas in the state of North Carolina. Due to this, it is also a great place for anyone to purchase a home. If you decide to buy a property here, you will want to make sure that you always get proper insurance protection. There are several situations when someone here will need to get proper home insurance for their property. 

Those with a Mortgage

One situation when people need to get home insurance is when they have taken out a mortgage. Any mortgage lender will have mortgage requirements that need to be met. To ensure no lapse in coverage, it is also common for a lender to escrow your payments each month. This helps to ensure that your home, and its collateral, stay covered and protected.

Those Wanting to Protect Home

You will also want to get home insurance so you can protect your property. A home is going to be the largest asset that most people will ever own. When you get home insurance, it will ensure that you have coverage to repair or replace it. If there is ever a storm or fire, it will prove to be a great investment. 

The Nashville, NC area will continue to be a great place for anyone to buy a home. As you are looking for a new home insurance policy, you will want to ensure that you receive appropriate guidance. A great resource to rely on is the team at Hedgepeth-Hutson Insurance Services Inc. When you call Hedgepeth-Hutson Insurance Services Inc., you can learn more about how this insurance can protect you. The team can then help you build a policy that will offer the right type and level of coverage. 

Do You Need Classic Car Insurance?

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Hedgepeth-Hutson Insurance Services Inc. serves the community of  Nashville, NC with insurance services for all aspects of life, including classic car insurance. If you are new to the world of owning or/and driving a classic car you may not even know that there is a specific type of insurance for your situation. 

What You Should Know About Classic Car Insurance:

  • If your classic car is not your daily driver you may be able to save on insurance. Many people treasure their classic vehicle and only drive it to car shows or on balmy weekends. You can have a more flexible policy if your classic car is not your only car. 
  • The insurance coverage is based on the actual value of your car. When you purchase a new car insurance policy you find that the policy is a bit broad, and that works for newer vehicles. The value of a classic can vary greatly in the same model depending on mileage, upgrades, and other factors. Your policy will be individual to your classic car. 
  • A variety of vehicles may qualify for classic insurance coverage. There is even a "modern classic" category of "newer" vehicles that qualify due to something special or rare about them. Even certain modified or garage builds may qualify for this insurance, and if not ask about umbrella insurance for extra coverage for increased value. 

If you own or drive a classic vehicle in or around Nashville, NC contact us at Hedgepeth-Hutson Insurance Services Inc. We can provide the exact coverage you need for your specific situation and vehicle. Contact us to learn more or to purchase the correct policy for all of your vehicles.

Will my renters insurance policy cover theft?

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You are probably wondering how to ensure your personal belongings when living in a rented house. Well, renters insurance covers you and belongings from unexpected events such as fire, theft, sewer blockage, or injuries within a rented house. You are covered if anyone is injured while within your property. Where your home is rendered entirely uninhabitable, alternative living arrangements will be catered for by the renter’s insurance policy. If you live in Nashville, NC, speak to one of Hedgepeth-Hutson Insurance Services, Inc. agents on getting a renters insurance policy.

How renters insurance works

In an instance where you suffer the loss of personal belongings through theft or burglary, the renter’s insurance policy will reimburse the cost of items lost based on the coverage you have put in place and the type of loss. It is essential to inform our Hedgepeth-Hutson Insurance Services, Inc. agents whether you would like the actual depreciated value of an item or the cost of a new item so that this is captured in your policy.

Precious items such as jewelry may have a value limit or may require additional coverage should their value be above the set limit. Where a visitor is injured while within your premises or condo, file a claim with Hedgepeth-Hutson Insurance Services, Inc.to have your medical costs covered.

Do you really need a renters insurance cover?

While it may not be required by law to have renters insurance, your landlord may require you to have a renters insurance policy in your rental leasing agreement. A rental insurance policy protects you and your landlord from the financial obligation you are likely to incur in case of property damage or injuries. Renters insurance will cover the cost of repairs.

Where your landlord in Nashville, NC requires you to have a renters insurance cover, speak to our Hedgepeth-Hutson Insurance Services, Inc. to get a policy or visit our website for more information.