Does my Premium Increase if my car’s windshield is damaged in Hope Mills, NC?

Auto insurance increases in a variety of different situations, but the rate may or may not increase if a windshield is broken in Hope Mills, NC, depending on the reason that it was damaged and the specific details of your policy.

The Situation

Damaged windshields from an accident, attempted theft or vandalism that is covered under your policy may result in a slightly higher premium after you make a claim. Depending on the amount of damage beyond the windshield, the specific impact on your premium may vary.

Although certain situations may increase your rate, it is possible that it will not have a dramatic impact on your current payments. For example, if a hail storm causes the windshield to break or scratch, then it might not impact your coverage or your premium. The situation and your specific policy will determine if your rate will be impacted by the damages.

Policies and Variations

Every insurer has a different policy and method of determining if a situation will result in an increased rate on your current policy. Depending on the details that are described in your policy, you may or may not see an impact on your auto insurance rate.

Review your current policy to determine if you are protected and how it may impact your current rate. Some insurers offer accident forgiveness or similar forgiveness programs so that your premium will not increase if it is the first time you are making a claim.

Auto insurance can seem complicated when an accident occurs, but in many cases the impact on your current insurance rate is limited. Depending on your policy, it may not have any impact if you make a claim to replace your windshield. Contact us to talk to an independent agent to learn more about premiums and insurance rates.

What endorsements are available for/with commercial insurance policy in Hope Mills, NC?

There are different types of endorsements available for commercial insurance policies in Hope Mills, NC. Depending on the type of business, you may need an automobile endorsement and if you run your business from your home, you may be able to purchase an endorsement with your homeowners policy to cover extra business costs.

Most business carry BOP or Business Owner Policy coverage on for commercial insurance. This plan covers property, lost production time, and basic liability. This policy does not cover vehicles used for business purposes. You will want to speak with an independent agent at Cross Creek to find an endorsement to add to your BOP plan that will protect your vehicles. You will also want to compare quotes and rates to find a plan that will fit your needs and your budget.

BOP insurance plans also do not cover professional liability. You need to purchase an endorsement that will protect your interests in the event you are sued. Business owners are expected to be proficient in their business, and they can be sued for negligence. A professional liability endorsement will take care of this type of protection. You may also want to speak with an independent agent if you work from home. Sometimes the most economical insurance choice is to add an endorsement to your homeowners policy.

If you are looking for options when purchasing commercial insurance in Hope Mills, NC, you need to speak with us about the endorsements available to make sure you have all of the coverage you need. Your business is important and protecting your investment is essential. Contact your independent agent at Cross Creek today.

What Factors Determine Commercial Trailer Insurance Rates and what Discounts are Applicable in Raeford, NC?

There are several factors that determine commercial trailer insurance rates and there are also discounts available in Raeford, NC. One of the main factors is the make a model of the trailer and the annual mileage. Other factors include what types of cargo the trailer carries, the destination, and the drivers of the vehicle. You will need to take all of these factors into account when determining how much you can afford to pay for commercial insurance on your trailer. You will also want to speak with an independent agent at Cross Creek about available discounts.

The older the trailer, the less expensive the insurance coverage. Just like with a car, you will pay more for insurance if you own a newer vehicle. Also, if your trailer hauls hazardous or dangerous materials, you will pay more for commercial insurance. When hiring employees to drive your trailers to their destination, you need to look at their personal driving record and make sure they have not had several accidents or tickets. All of these factors will increase the price you pay for insurance. At Cross Creek we can easily help you compare quotes to find a commercial insurance rate that will fit your budget.

You will also be able to find discounts on insurance if you hire drivers over the age of 25 who also carry a CDL license. These are trained professionals and insurance companies are more likely to give you a discount. Speaking with an independent agent in Raeford, NC about your commercial insurance options will help you determine the type of coverage you need and the discounts you can receive. Call and speak to one of our agents today.

Can I suspend my auto insurance coverage during winter in Hope Mills, NC?

If you own your cars and have a lot of money wrapped up in them, you may want to take care to avoid damanging them unnecessarily. There are some owners that only want to drive in the summer so they do not risk damaging their automobile during the cold months. If you live in the Hope Mills, NC area and this sounds appealing to you then here are some things that you will want to know:

  • If you do not drive your car throughout the entire year, then there is a good chance you are paying for benefits that you do not need. You can suspend your liability coverage on your policy while your car is in storage.
  • To take advantage of this option you will want to contact your company and request that the liability be suspended. You will need to provide them with proof that the car is in storage for the winter to avoid paying for the coverage limits.
  • If you need to add coverage limits to your policy, then all you have to do is call your agent and ask for the benefits to be added to the policy
  • Any time that you need to hold back on a certain benefit, then all you need to do is ask for a suspension of benefits until you need the coverage reactivated.

There are things about your auto insurance that most people do not know about. An Independent agent can help answer any questions that you may have about your policy. As your agent, we can help you understand your policy so you can make it work for you.