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Tom Wiecek is your local Dave Ramsey ELP Endorsed Insurance ProviderTom's Blog

"That's Not Covered" are the Last Words You want to Hear. That's Why We Want to Help You Understand How You Are Protected and Not Protected. This Resource Can Help You Make Informed Insurance Buying Decisions So YOu Can Get the RIGHT Insurance Protection for Your Needs.

Tom Wiecek, President

What Does the Standard North Carolina Homeowners Insurance Policy Cover?

Investing in a home is something of great importance and value so you must ALSO invest wisely when choosing the right insurance protection.  However, when it comes to finding the right coverage under your NC Homeowners Insurance policy, questions become rampant.  What does the Standard North Carolina Homeowners Insurance policy cover? The standard NC Homeowners policy is divided into 2 sections, which are Property Coverage and Liability coverage.  Let’s take a closer look so that you will better understand how YOU and YOUR HOME are covered. Property Coverage is divided into 4 separate sections: Coverage A – Dwelling Coverage     This provides protection for your home and the structures ATTACHED to your home. Coverage B – [...]

What Does the Standard North Carolina Homeowners Insurance Policy Cover?2018-04-26T00:33:35-05:00

Is Your Business Protected From Cyber Attacks?

Technology is a wonderful convenience in the world today, but when it falls short, it can also be a total disaster! Like the majority of people today, you may rely heavily on technology to stay connected and informed; yet there are increased risks with the dependence on technology in your small business. Is your business protected from cyber attacks? What are Some Risks of Cyber Attacks? Credit card fraud Identity theft Embezzlement All of the above risks ARE being committed online and NO business is immune to identity theft, credit card fraud, and embezzlement, to name a few. Did you know that SMALL businesses are a prime target and that 40% of all cyber attacks [...]

Is Your Business Protected From Cyber Attacks?2018-04-26T00:33:15-05:00

What You Must Know About Coinsurance Before Insuring Your Commercial Property

Insuring your commercial property can be an expensive proposition when you consider the total replacement cost associated with replacing your building and everything inside it. Before you decide on how to insure your commercial property, here’s what you must know about coinsurance. The Coinsurance Clause Penalty Every property insurance policy will have a replacement cost provision that allows the property owner to insure for less than the total replacement cost to reduce premium and at the same time allows the insurer to penalize the policyholder if the coinsurance clause has not been met. This clause is usually found in the “Conditions” section of the policy. Depending on which insurance company is providing the coverage, the [...]

What You Must Know About Coinsurance Before Insuring Your Commercial Property2018-04-26T00:32:52-05:00

Does Homeowners Insurance Cover Damage From a Fallen Tree?

Regardless of the season, there are always possibilities for tree damage whether from ice, snow, winds, or other covered perils.  When this happens, it makes us wonder, “Does homeowners insurance cover damage from a fallen tree and who will pay for tree debris removal?” If you have a basic North Carolina Homeowners Policy, coverage is only provided if a fallen tree damages a covered structure such as: Home Garage, or Shed Coverage would also be provided if the fallen tree/debris blocks the driveway to the residence or blocks handicap access to residence. Another question people have is “What if my neighbor’s tree falls on my property?  Is that covered?” The same coverage applies as if [...]

Does Homeowners Insurance Cover Damage From a Fallen Tree?2018-04-26T00:32:11-05:00

What Does Consent to Rate Mean?

Have you received a consent to rate letter? If so, you are not alone if you are a North Carolina Homeowners Insurance policyholder. However, this is definitely one of those cases where ignorance is not bliss; this letter needs to be viewed as a foreshadowing of things to come. When a North Carolina Homeowner policyholder receives one of these letters, which are being mailed out by insurance companies at a large rate, they need to understand why they are getting this particular letter; it is not by mistake. Read between the lines Many North Carolina North Carolina Homeowners policyholders are getting consent to rate letters from their insurance companies. Many policyholders make the same mistake [...]

What Does Consent to Rate Mean?2018-04-26T00:32:00-05:00

Are You Getting All of the Auto Insurance Discounts You Deserve?

When it comes to the wonderful world of auto insurance in North Carolina, there are so many auto insurance discounts, it will make your head spin. So how do you know you’re getting every auto insurance discount you deserve? Well, there are a few ways to know this, and we will walk you through all of them. EDUCATE YOURSELF - You need to know which auto insurance discounts are even out there. You also need to understand that every insurance company has their own discounts that not all companies will have. However, to get your mind and eyes familiar with which discounts to look out for, here are the most common discounts that nearly all [...]

Are You Getting All of the Auto Insurance Discounts You Deserve?2018-04-26T00:31:42-05:00

Understanding North Carolina Workers Compensation Insurance

As one of the many working towards the dream of owning your own business, it is important to understand North Carolina Workers Compensation Insurance Laws. If you are starting, or own a business in North Carolina, then you need to comply with the North Carolina Workers’ Compensation Act. The first step is for you to clarify the requirement by law, to determine your need to carry workers compensation insurance. The major factor of compliance with this act is based on determining the correct number of employees within your organization. What’s the least number of employees I can have before the requirement kicks in? North Carolina's workers compensation insurance law requires coverage once you have obtained [...]

Understanding North Carolina Workers Compensation Insurance2018-04-26T00:31:36-05:00

Homeowners Insurance Rates Going Up in North Carolina; Consumers Not Left With Many Options…

As your local independent agent, I want to keep you informed about changes in the insurance industry to help you avoid getting blindsided when changes effect you... especially your check book. Well, there are changes coming soon. Homeowners insurance rates are going up in North Carolina within the next year. This has been a long time coming but it looks like it's going to happen. Back in January of this year, Wayne Goodwin, the North Carolina Insurance Commissioner was absolutely livid about insurers in the state proposing a homeowners insurance rate hike that would boost averages statewide by 25% filed by the North Carolina Rate Bureau (NCRB). The cause of Goodwin’s anger was twofold. For [...]

Homeowners Insurance Rates Going Up in North Carolina; Consumers Not Left With Many Options…2018-04-26T00:31:21-05:00

Did You Know? The Importance of UM/UIM Coverage

Did you know that one out of seven drivers on the road are driving without insurance?  And to make things worse, two out of seven drivers are only carrying state minimum requirements for liability insurance.  Which means nearly half of all drivers on the road either have no insurance coverage or very little.  In this article I will share with you the importance of UM/UIM coverage also known as uninsured motorist and underinsured motorist coverage. 3 out of 7 drivers on the road today are putting you at risk! Your auto insurance policy provides various coverages including: Liability coverage-this protects you when you’re at fault in an automobile accident and injured someone else or caused [...]

Did You Know? The Importance of UM/UIM Coverage2018-04-26T00:31:09-05:00

Do You Need a Personal Liability Umbrella?

The insurance policies for your home, auto, motorcycle and other property provide you with personal liability protection meaning if you are found liable, these polices will pay for the cost of the damages you are responsible for. Without a Personal Liability Umbrella, problems occur when the liability limits in these policies are too low when significant damages occur. The most common problems occur from carrying lower auto liability limits. Auto accidents occur more frequently and the damages can be very costly. That’s not to say you can’t be sued if someone is seriously hurt on your property or while on your boat. Every month, District Court Judge Tom Jarrell and I volunteer to speak to [...]

Do You Need a Personal Liability Umbrella?2018-04-26T00:30:46-05:00
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