Toms Blog

Being a business owner comes with a lot of responsibilities!  Sometimes when you are running a business and dealing with insurance protection, there may seem like there are no clear defining lines as to who fits where.  What if you are a contractor or even a subcontractor and get hurt on the job?  Is there a clear way to know who covers what under whose policy?  Find out about N.C. Workers comp insurance regarding being a contractor versus a subcontractor. What is the Difference Between a General Contractor and a Subcontractor? The business owner typically “contracts” a general contractor to evaluate a job, bid on the construction job, evaluate the estimated cost of what it [...]

If you are a business owner, there are many things you have to juggle in a day’s time.  A typical day may be filled with meeting deadlines, organizing job duties for your staff, or making appointments with potential clients, all of which are important.  But do you have the right type of insurance to protect yourself and your employees should an injury or illness occur related to the job?  Read this TODAY to find out about N.C. workers comp insurance. Is Workers Compensation Mandated by Law? North Carolina workers compensation is a type of business insurance that provides protection for you and your employees for injuries and a percentage of wage replacement if an injury/illness [...]

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 [...]

You have many choices on how you buy insurance but many people don't understand there are major differences in the types of agents offering insurance protection. You can buy insurance directly from an insurance company (big mistake), use a captive agent or an independent agent. Here's why you should trust an independent insurance agent with your protection. First of all, there are two different types of insurance agents. A Captive Agent is typically an employee of the insurance company they represent. You can recognize this type of agent because they offer insurance products from only one insurance company. An Independent Insurance Agent offers insurance products from multiple insurance companies and is not an employee of [...]