Required Commercial Insurance in North Carolina

When you have a small business in North Carolina, there are certain types of insurance that you are required to have to meet state requirements. If you need commercial insurance for your business, call us at Cross Creek Insurance in Hope Hills, NC.

Workers’ Compensation

If your business has at least three employees, it is required that you have workers’ compensation insurance for your employees. This is required whether your employees are part-time or full-time. This insurance coverage pays for the medical bills for employees who have an accident while working or get ill from something at work. This helps to protect your business by paying these bills instead of the business having to come up with steep bills. It also protects the employees. They know that if they should have an accident, the bills will be covered. 

Commercial Auto

If a vehicle in North Carolina is owned by a business of any size, it must have a commercial auto insurance policy. This policy has a set minimum amount for bodily injury liability for one person as well as another figure for the injury liability for the entire accident. There is another minimum amount required for property damage liability for an entire accident. This does not include any coverage for the business’ car- it pertains to third parties. There is also a set minimum amount of uninsured motorist coverage for each person in the accident and another amount for the entire accident. There is another set minimum amount required for property damage for the accident. 

Get Your Commercial Insurance

If your business needs to be insured, call us at Cross Creek Insurance in Hope Hills, NC. Make an appointment with an agent to discuss your business insurance needs. 

When Should I Update My Home Insurance Policy?

By reviewing your home insurance policy annually, you can ensure your coverage is up to date in offering the protection you need. Changes to your home structure or possessions could require that you update your policy to continue receiving adequate protection for your valuable investments. If you’re planning to renovate your home, talk to your Cross Creek Insurance agent to see how your renovations will affect your coverage. Here are some examples of when it may be necessary to update your home insurance policy.

Home Remodeling

Major home renovations like a kitchen overhaul or adding a back patio to your home will increase its value. If you want your Hope Hills NC home to be covered at its new value, you’ll need to update your coverage. You’ll also need to update your policy to add these renovations to your coverage so they will be protected along with the rest of your home.

Upgrades to Home Systems

Upgrades to your plumbing, electrical or HVAC systems reduce your risk of fire or water damage. This could qualify you for a discount on your home insurance costs. You should discuss these upgrades with your insurer to see how they affect your coverage.

Purchase of Costly Items

If you’ve recently purchased or received costly items such as original artwork, high-end electronics, or pricey heirlooms into your Hope Hills, NC home, you’ll need to update your home insurance to include these goods in your coverage. As standard home insurance has limits on property coverage, you may need to purchase additional insurance to fully protect these items.

By becoming familiar with the protection that your home insurance provides, you’ll have a better idea of when to update your coverage. For more information on updating your home policy, contact your Cross Creek Insurance agent today.

Should I get an auto insurance policy in Hope Hills?

Owning a car in the Hope Hills, NC area continues to be a necessity for many people that need to get around town. While a car can be fun to drive and keep you efficient, it is also a responsibility that needs to be properly cared for. A great way that you can do this is by getting insurance for it. There are several reasons to get auto insurance when you are here. 

Insurance Will Protect Investment

A good reason to get an auto insurance policy is that it will protect your investment. A car is a major purchase and something that people rely on. If you do not have an auto insurance policy and your car is stolen or damaged, you will have to pay to replace it or repair it. If you do not have the money to do so, you could be stuck without a car. With a full policy, you can mitigate this risk.

Insurance Gives Liability Coverage

You should also get an auto insurance policy as it will provide you with liability coverage. Driving a car always comes with risks. If you cause an accident, you will have to pay for the damages. With a full insurance policy, you will have protection against this risk. 

Anyone that is in the Hope Hills, NC area needs to spend time assessing their insurance needs. If you are looking for auto insurance here, you should also consider calling the team with Cross Creek Insurance. There are a lot of complexities that exist with picking auto insurance. The team with Cross Creek Insurance can give you the right guidance that will be needed to choose your next policy. This can help to ensure that you remain fully covered at all times. 

Should I get commercial insurance in North Carolina?

Owning a business is a dream that a lot of people share. If you would like to start a business, finding the right location is very important. One city that can offer a lot of potential for success for small business owners is Hope Hills, NC. When you own a business here, you can take advantage of local small business support and an expanding population base. If you would like to start a business here, you should protect it with insurance. There are several reasons that you should get this insurance protection here.

Insurance Protects Investment

One reason to get commercial insurance in North Carolina is that it can protect your investment. When you start any type of company it will require that you invest in assets to grow your company. Losing these assets to a fire or other form of loss would be devastating. Fortunately, you can protect your assets by getting a commercial insurance policy. 

Liability Coverage

Another reason that you will want to get commercial insurance coverage is that it will give you protection and liability coverage. Whenever you complete a sale to a customer, you could be taking on a risk that they could bet hurt or suffer another type of loss through the use of your product or service. Fortunately, with proper insurance, you can receive liability coverage to offset this risk. 

If you would like to get a commercial insurance policy in the Hope Hills, NC area, you should speak with someone that is experienced in helping small businesses get the right insurance. The team at Cross Creek Insurance can offer you a lot of guidance and support that is needed to choose a policy that offers the right protection. When you call Cross Creek Insurance, you can learn far more about your options and have all questions answered. 

The Benefits of Whole Life Insurance

Whole Life Coverage

A whole life insurance policy is a policy that mixes investing and life insurance into a unique insurance product. If you’re interested in getting a whole life policy, contact us at Cross Creek Insurance in Hope Hills, NC to make an appointment with an agent. 

Lifetime Protection

One of the biggest advantages to a whole life policy is that as long as you pay its premiums, you are covered for the rest of your life. This also allows you to lock in your premium price at a younger age to keep your payments lower.

Cash Value

A whole life policy builds its own cash value. The value of the policy grows at a specific, fixed-rate and is not tied to the stock market. Even if your 401k goes down with the market, your life insurance cash value will be unaffected and still growing. When you have cash value, you can borrow against it. That makes it perfect for large, unexpected expenses that require you to come up with cash fast. 

Earning Dividends

There are whole life policies that pay out dividends annually on the profit made by the insuring company. When dividends are paid, you can use them to buy more life insurance. This increases the cash value of the policy as well as the death benefit to be paid out to your beneficiaries. 

Get Your Whole Life Policy

If you want the peace of mind that comes from these policies, as well as their financial benefits, contact us at Cross Creek Insurance in Hope Hills, NC. We can help you to understand the many types of life insurance on the market and how each type may benefit you. 

Home Insurance Variables That North Carolina Homeowners Should Learn About

Based in Hope Hills, NC, Cross Creek Insurance helps the community find the insurance coverage that they need to protect what matters most. We strive to simplify the process for our clients so that can easily find policies that will benefit them.

Home Insurance Variables

As a Hope Hills, NC homeowner, it’s important that you protect your investment. The weather in North Carolina is often unpredictable. That’s why home insurance is an asset. Your home is protected if a natural disaster such as a hurricane or tropical storm causes damage. Your home is also covered if someone vandalizes it or if you are a victim of burglary. Liability coverage protects you in case someone visits your home and gets injured on the property. While you are researching different home insurance policies, pay attention to these variables.

As the region is prone to cases of severe weather, think about the distance of your home to the nearest fire hydrant. The time that it takes for the fire department to get to your home may impact your policy.

Also, consider the possibility of potential water damage. Make sure that your water lines are secure to prevent potential water damage throughout your home. If you are staying near the coast, you will also have to be mindful of potential flooding. Earthquakes are another potential disaster that you have to plan for. While the likelihood of an earthquake occurring is rare, it’s not impossible. If you have a trampoline in your backyard, make sure that you add liability coverage to protect you if someone gets injured. If you have any pets, your liability coverage is also an asset. You’ll be protected in case your pet accidentally bites someone.

Cross Creek Insurance Will Help You Find A Policy That You’re Comfortable With

For more information on home insurance, visit our website today! 

5 Tips to Stress-Free Driving during the Holidays

With the holidays right around the corner, you may be planning a road trip to visit your parents or in-laws. Holiday travels can be extremely stressful, especially if you’re spending a lot of time on the road. Whether you’re driving around North Carolina or out of state, these tips from Cross Creek Insurance can help you have smoother, stress-free travels.

Plan Ahead

Plan ahead for your trip. Mark your routes and choose your travel dates carefully to try to avoid congested highways. Give yourself plenty of time to arrive at your holiday spot safely.

Check Your Vehicle

Have your vehicle inspected before your trip to reduce your risk of car problems on the road. Schedule an inspection at least a week before traveling to give your mechanic in Hope Hills, NC time to make any necessary repairs.

Stop and Rest When Necessary

Take pit stops as often as necessary to rest your eyes and stretch, especially if you’re getting tired. Driving drowsy is a recipe for disaster, particularly when traveling long distances. If you’re traveling with kids, they will appreciate pit stops to release some of their pent up energy.   

Reduce Distractions

Put away your cell phone, tablet, or any other distractions that can take your mind off the road while driving. Don’t answer calls or texts when you’re on the road. Wait for a pit stop or pull over (if you can do so safely) to return calls or texts. Texting while driving is illegal in many states to include North Carolina, putting you at risk of getting fined.

Review Auto Insurance

Review your auto insurance to insure you have the necessary coverage for your travels. You don’t want to be caught unprepared in the event of an accident.

For quality auto coverage in Hope Hills, NC, contact Cross Creek Insurance.

Why should I get a Hope Hills life insurance policy?

Anyone that lives in the Hope Hills, NC area will have a lot of different personal insurance needs. One form of insurance that should never be overlooked is life insurance, which will provide financial protection to your dependants. There are several reasons why you should get life insurance. 

Provides Financial Protection

One reason that you should get life insurance here is that it can provide financial protection to your dependants. If you have people that rely on you, it will continue to be important that you ensure they have the same financial resources if you were to pass away. With a life insurance policy, you can do this as you will be able to build and curtail a policy that meets the need of yourself and your dependents. Even if you do not have dependents, a policy could help to cover any end of life expenses you incur. 

Gives Additional Investment Option

You should also consider getting life insurance because it can provide you with an additional investment option. Anyone that has taken out a whole life insurance policy, as opposed to term life, will be able to start building an account that could be liquidated in the future. This account could also be used as a form of collateral that could be used to secure a loan or other obligation. 

Those that are looking for life insurance in the Hope Hills, NC area should speak with someone that they can trust. If you are looking for this type of insurance here, you should reach out to the team at Cross Creek Insurance. If you do call Cross Creek Insurance, you will receive the support you need to understand your options and needs. They can then help you get into a policy that provides the right coverage for your situation. 

Safety Tips for the Workplace

As an employer, it is your responsibility to make sure that the workplace is safe for your employees. It’s important because healthy conditions promote healthy workers. It also contributes to the overall health of your growing business. The Cross Creek Insurance agents in Hope Hills, NC want you to know a few things you can do to keep your workplace safe.

Keep Your Business Safe

  • Clear emergency exits. Every company has emergency exits just in case the primary doors are blocked. Keep those exits free of cabinets, boxes, or clutter to prevent an accident if there’s a fire.
  • Use safety equipment. If you handle biohazard, work with construction equipment, or deal with electrical wires, you should properly handle the items and the equipment as directed by your employer.
  • Report unsafe conditions. If you see something that could cause an accident, you should tell your supervisor. Such things could include curled carpet ends, spills, or unraveled wires.
  • Reduce stress. Stress can cause absenteeism and unhappy employees. Reduce worker stress by making the work efficient and listening to employee complaints. Hold meetings where everyone has a voice and employers can explain big changes collectively.
  • Limit physical fatigue and injuries. If you’re in an office environment, keep your back straight when sitting for long periods of time. If you need to lift heavy items, bend your knees, and not with your back.

What Else You Can Do

Accidents can be costly. To avoid paying large settlements, you should have a good commercial insurance policy. Insurance can protect you from paying out a fortune in medical bills and legal fees if an accident happens at your business. Get with the independent agents at Cross Creek Insurance in Hope Hills, NC where you can update the details of your commercial insurance policy.

Tips for successful home insurance claim

We buy insurance to protect our homes, but we fail terribly at preparing or learning how a claim is made, and that’s why many of our claims end up getting rejected. If you live in Hope Hills, NC, maintaining a meticulous record of your property is one way of ensuring that you are a step ahead when it comes to filing a home insurance claim. While no one wishes to make a home insurance claim, Cross Creek insurance shared tips on filing it successfully.

Keep a record of your valuables.

Always take inventory of your possessions. If you have bought new items after updating your insurance, it is essential that you keep receipts, photos, or videos of the things. This will help prove that you owned the items in case you file a theft or fire claim. Normal wear and tear and preventable damage are not covered. Your insurance provider expects you to take care of your household items, such as unblocking the gutter, to avoid constant avoidable claims.

Check your coverages

Know what is covered in your home and what’s not. This will help you avoid filing claims for damages that are not covered. Remember, filing uncovered claims can result in penalties or higher premiums. Knowing what is covered also helps you understand what to expect at the end of the process.

Act quickly

When filing a claim in Hope Hills, NC, whether big or small, time is never on your side. The faster you call your insurance company, the faster you are likely to get sorted and get back to normalcy. For larger claims, an insurance agent will be sent to inspect the damage to determine what will be replaced and what should be repaired.

Remember, the more the claims, the higher the premiums. So, avoid filing claims for small damages to avoid raising your premiums. If you still have more questions, Cross Creek Insurance can help answer all of them. Contact us today.