HOMEOWNERS INSURANCE

Secure Your Future with Long-Term Care Insurance in North Carolina As we age, planning for the unexpected becomes increasingly important. One critical aspect of this planning is ensuring you have a safety net in place for long-term care. For residents of North Carolina, especially in High Point, Paramount Insurance Agency is here to guide you through the complexities of long-term care insurance. What is Long-Term Care Insurance? Long-term care insurance helps cover the cost of care that isn't typically included in health insurance, Medicare, or Medicaid. This includes assistance with daily activities like bathing, dressing, eating, and mobility. Whether care is needed at home, in an assisted living facility, or a nursing home, long-term care [...]

Liability and Your Homeowners Policy: Hosting Holiday Parties Safely The holiday season is a time for celebration, gathering with family and friends, and creating cherished memories. However, if you’re planning to host a holiday party in your home, it’s important to understand how your homeowners policy in North Carolina relates to potential liabilities. As joyous as the festivities may be, accidents and mishaps can happen, and you want to be prepared. What Does Homeowners Insurance Cover? Homeowners insurance typically includes liability coverage, which protects you if someone is injured on your property or if you’re held responsible for damages to someone else’s property. This can extend to incidents that may occur during a holiday party, [...]

Prepare Your Home for Winter with the Right Homeowners Insurance in North Carolina Winter can be a beautiful season in North Carolina, but it also brings unique challenges for homeowners. Freezing temperatures and potential snowstorms make it essential to prepare your home for the cold months ahead. Beyond physical preparation, updating your homeowners insurance policy ensures your home is protected against winter-related risks. Winterizing Your Home Take proactive steps to reduce the chance of winter damage: Inspect Your Roof and Gutters: Clear out debris and ensure your roof is ready to handle ice and snow. Check Your Heating System: Have your HVAC system serviced to confirm it works efficiently before the cold arrives. Seal Doors [...]

How to Protect Your Vacant Home Having N.C. homeowners insurance to protect your home isn’t as simple as it might seem. Your policy includes provisions, conditions, and exclusions that can affect your coverage. Many people don’t realize that leaving a home for an extended period could compromise their homeowners insurance coverage. According to the National Association of Insurance Commissioners (NAIC), your home may count as vacant if it remains unoccupied for 60 days or more. Because standard N.C. homeowners policies include a vacancy exclusion, leaving your home vacant might lead to a coverage denial if you experience a loss. Do you know how to protect your vacant home if you need to leave for an extended period? [...]

Some Inexpensive Ways to Prevent Your Home from Being Burglarized Home burglary is a quick way for criminals to steal cash, jewelry, televisions, and computers, with break-ins occurring approximately every 15 seconds. Will your home be the next target, or have you invested in inexpensive ways to protect your home from being burglarized? A break-in violates your sense of security, threatening your safety in a place where you should feel protected. Beyond that, imagine the feeling of discovering that your personal, cherished belongings have been stolen. What Burglars Don’t Want You to Know Is your home being targeted without you knowing it? While you may not be able to completely prevent a home break-in, you [...]

What You May Not Know About Insuring Your VRBO or Airbnb If you rent your home or a room to others, you might think your N.C. homeowners insurance policy provides enough property and liability coverage. However, what many don’t realize is that N.C. homeowners insurance often excludes coverage for vacation rental activities. Before you continue renting out your property, it's important to review your N.C. policy’s provisions, conditions, and exclusions, and discuss your rental activities with a local N.C. independent insurance agent. Facing a coverage denial for something you thought was covered can be financially devastating, especially if you're left paying for damages out of pocket. Your independent insurance agent can help by reviewing what is covered [...]