Insurance FAQ’s

Auto Insurance

Does my Policy cover my New Car Automatically?

Your new car is not automatically covered unless you’ve given your insurance provider notice ahead of time.

Do I Need Uninsured/Underinsured Motorist Coverage in NC?

Uninsured motorist coverage is required in the state of NC. Underinsured is not required by law but is strongly recommended. These coverages are designed to prevent any financial burden caused by drivers who cannot cover the extent of damages caused in an accident.

If I’m traveling out of state, will my Policy meet the requirements of coverage outside of NC?

The broadening clause of your insurance policy automatically meets the requirements of other states. It will even provide additional coverages in a no-fault state.

How long does it take for my Claim to be Settled?

Claims vary in length for settlement. Contact us for additional information.

Is NC a Fault State when it comes to Auto Insurance?

NC is a fault state. The state allows insurance companies to fault for a car accident and deny payment of claims.

Motorcycle Insurance

Is Motorcycle Insurance Required in NC?

North Carolina requires motorists to purchase insurance for their motorcycles. Like with auto insurance, you are also required to carry proof of insurance with you at all times.

Do I Need Uninsured/Underinsured Motorist Coverage in NC?

Underinsured/Uninsured Motorist coverage is not required for motorcycle owners in NC. It is still a good idea to include this in your Policy. This will prevent and hardships caused by motorists who cannot cover the extent of damage caused in an accident.

What are the State Minimums for Motorcycle Insurance?

NC laws require motorcycle owner’s to purchase the following coverages:

  • $30,000 for Bodily Injury Per Person
  • $60,000 for Bodily Injury Per Incident
  • $25,000 for Property Damage Per Incident

How Can I lower Motorcycle Insurance Costs?

There are a few factors that can impact motorcycle insurance. Safer bikes, safer driving, and higher deductibles can all lower your insurance rates.

Should I Buy Collision Insurance for an Older Bike?

Like with underinsured/uninsured motorist coverage, collision insurance is a good idea. Though, this is only true for bikes with high cash value. Collision insurance may not cover the extent of the damage caused in any case and can be dropped to save money.

Homeowners Insurance

What exactly is a Homeowner’s Policy?

Homeowner’s policies are designed to cover property and liability.

If my Roof is Damaged, does my Insurance Company replace the whole Roof?

Homeowner’s policies only cover direct physical damage. What’s actually replaces is specific to the claim situation and policy specifics.

How does Depreciation Apply to my Policy?

If your policy offers coverage for actual cash value, depreciation will apply on account of the age and use of the home. Replacement cash value coverage will cover fees to repairs and replacements at current costs for similar items.

Does my Policy cover the Removal of Fallen Trees?

Homeowner’s insurance policies will cover up to $500 for any one loss. This will apply to the removal of trees if they have caused damage to structures or blocked a driveway.

Does my Policy Cover Flood Damage?

Flood damage is not covered. Rising water and flood damage coverage will need to be purchased separately from the National Flood Insurance Program. It may often be recommended while shopping for homeowner’s insurance.

Does my Policy Cover a Person Who was Injured on my Property?

Coverage to a person injured on your property can be provided in two ways. Homeowner’s insurance will cover it if you are negligent. Otherwise, Medical Payment to Others will apply but will only cover medical expenses.

Do I have to Rebuild my House within a Set Period?

This depends on the wording of your Insurance policy. If your home needs to be rebuilt, you will need to read through the Policy carefully to ensure you work within the given guidelines.

Life Insurance

Can my Company Void my Policy if I Make a Mistake on my Application?

Yes, an insurance company can void your policy if the information given is inaccurate or misleading. You must take care to ensure all answers you provide are as true and accurate as possible.

Will Outstanding Loans reduce Death Benefits?

Any outstanding loans that exist at the time of death will reduce death benefits to the beneficiaries.

Is a Company required to pay Interest to Death Benefits?

NC laws require insurance companies to pay interest if the proceeds are not paid in accordance. They are required to do so within 30 days after the receipt of proof of loss.

Commercial Insurance

What Types of Insurance are Required in NC?

This depends on the business type, how many workers you have, what kind of work will be done, and more. You will need commercial auto insurance if you are using a vehicle for work. If you have three or more employees, you will need worker’s compensation (etc.) For a better understanding of what applies to your business, you should contact the North Carolina Department of Insurance.

What Additional Coverages should I invest in?

At the very least, a business owner’s policy (BOP) should be considered. A BOP will cover general liability and commercial property insurance. Like with any type of insurance policy, the more coverage, the safer your business is. Though, you should only select what applies specifically to your business to reduce premium costs.

How do I contact the NC Department of Insurance?

If you need more information on what coverages apply to and are required for your business, you can visit the NC Department of insurance at:


Additionally, you can reach them at:

855-408-1212 (toll-free)

Do Business types need Specialized Insurance Plans?

Yes, business types do need specialized plans. Artisans, freelancers, contractors, and entrepreneurs will all have different requirements for their business insurance policies. What applies to one may not apply to another. The same is true even within similar industries. For example, a box truck driver will not need the same coverages that a car hauler will need.

What are the State Minimum Commercial Auto Insurance Coverages in NC?

Similar to standard auto insurance policies, NC requires Commercial Auto Insurance to provide the following limits:

  • $30,000 bodily injury for each person
  • $60,000 bodily injury for all persons in an accident
  • $25,000 property damage liability per accident