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NCIUA FORTIFIED Roof Program

Note: This program ended August 1st, 2019 When Hurricane Florence hit the Carolinas in September 2018, the damages were catastrophic leaving many people without a roof over their head, so to speak. It doesn’t take much to remind those affected, that roofs are a front-line protector against severe weather and when a major hurricane hits, making sure your roof is strong enough to withstand strong winds, water, and hail is essential. In an effort to address this, North Carolina Insurance Underwriting Association (NCIUA) is introducing a pilot program that will offer up to $6,000 grants for new FORTIFIED Roofs to eligible homeowners living in the Outer Banks and Barrier islands. The FORTIFIED Roofs are designed [...]

NCIUA FORTIFIED Roof Program2019-08-01T15:47:50-05:00

What Happens When Your N.C. Car Insurance is Canceled for Non-Payment?

The state of North Carolina mandates all owners/operators of vehicles to have auto liability insurance, but what happens when your N.C. car insurance is canceled for non-payment? Not having car insurance, regardless of the reason, can be detrimental in many ways so finding out what you can do if your policy is canceled is monumental.      What a Canceled Policy Means If you receive notice that your insurance carrier is canceling your auto policy that means your policy is completely terminated at the stated date. When you initially sign on the dotted line for auto insurance, you are in a “binding” period for the first 2 months and your carrier can terminate your car insurance [...]

What Happens When Your N.C. Car Insurance is Canceled for Non-Payment?2019-05-28T23:02:29-05:00

The Drive Safe Act

If you haven’t heard of the Drive Safe Act, you may be either shocked or pleased to learn that a bill has been filed that would authorize 18-21 year olds to drive 18-wheelers professionally on the interstate, whereas now they must be 21. In most states, drivers can get their automobile drivers’ license at the age of 16, but the federal law states you must be 21 to drive a truck professionally. If the Drive Safe Act becomes a law, that will change. The Proposed Drive Safe Act  On February 26, 2019, The Drive Safe Act bill was introduced that, if passed, states drivers from 18-21 years old will be allowed to drive trucks professionally [...]

The Drive Safe Act2019-04-08T22:35:12-05:00

2019 IIHS Safest Cars

When it comes to finding the right car for your needs, you may consider a wide variety of options that are important, but is safety on your list? Each year the IIHS (Insurance Institute for Highway Safety) releases the names of those vehicles that received top honors regarding their safety so if you are currently in the market for a new car, you should become familiar with the honoree list of 2019 IIHS safest cars. And the Top Honors Go to: The top ranking for the safest autos falls into the category of IIHS Top Safety Pick+, with 30 vehicles making that top honor and 27 vehicles falling into the IIHS Top Safety Pick. Last [...]

2019 IIHS Safest Cars2019-05-28T23:05:44-05:00

How You Can Protect Yourself from Uninsured Motorist/Underinsured Motorist Drivers

North Carolina requires that every owner/operator of a vehicle have auto insurance; however, that doesn’t always guarantee the protection that you think you have. First of all, just because the state mandates auto liability insurance doesn’t mean that every person on the road has insurance and second of all, having the minimum insurance requirements may not be enough protection when you need it the most. Find out how you can protect yourself from Uninsured motorist/Underinsured motorist drivers. N.C. Minimum Limits of Liability   The North Carolina minimum limits of liability auto insurance are 30/60/25 which can be explained quite easily. The 30 represents $30,000 of Bodily Injury Coverage available for 1 person suffering injury, while 60 [...]

How You Can Protect Yourself from Uninsured Motorist/Underinsured Motorist Drivers2019-04-08T22:31:22-05:00

Find Out When Ordinance or Law Insurance Coverage is Critical

Owning any type of business property means you are assuming the risk that your property may eventually sustain damages of some type(s), by either fire or some other covered peril, and when it does happen, you need to be aware of some pertinent facts.  The damages may be so severe that you may need to restore or rebuild your damaged building; however, you may encounter some obstacles if aren’t aware of various government laws and/or ordinances that might govern repairs/restoration to your damaged building.  Find out when Ordinance or Law Insurance Coverage is critical. Imagine that you own an electric company that is severely damaged in a fire, resulting in substantial damages that require a [...]

Find Out When Ordinance or Law Insurance Coverage is Critical2019-05-28T23:08:11-05:00

How You Can Protect Your Identity

Identity theft in the U.S. continues to be a problematic issue with as many as 16.7 million people being victimized each year. The first step to avoid becoming a target is to realize how prevalent identity theft is and then take action to safeguard your personal information. Start your year off right by learning how you can protect your identity; after all, it’s the only one you have. Getting Victimized Can Be Costly When cleaning out your home to move, you threw out tons of paperwork including old bills, receipts, and mail from your home office in a concentrated effort not to move clutter from your current home to the new one. However, a month [...]

How You Can Protect Your Identity2019-05-28T23:09:09-05:00

What It Means When Your N.C. Auto Liability Insurance is Ceded

In North Carolina, you are required by law to carry auto liability insurance on any vehicle that you own/operate, but what if your driving record is tarnished with a history of several accidents? While nobody can be turned down for auto insurance coverage, (exceptions apply) your insurance carrier CAN decide to turn your policy over to the North Carolina Reinsurance Facility (NCRF). If you fail to pay your insurance premium or no longer have a valid drivers license, you can be turned away for coverage. If you receive notification, you will need to know what it means when your N.C. auto liability insurance is ceded. How Does NCRF Operate? Developed in 1973, the North Carolina [...]

What It Means When Your N.C. Auto Liability Insurance is Ceded2019-05-28T23:10:23-05:00

Ensure Your Valuables Are Properly Protected

With Christmas behind us and Valentines Day quickly approaching, you may have received and/or will be receiving some beautiful and perhaps costly gifts. Adding to your inventory of new purchases or gifts means you should also take inventory of your N.C. homeowners coverage to ensure your valuables are properly protected. Don’t Let This Happen to You You woke up Christmas morning to a wonderful surprise! Your husband surprised you with an exquisite pearl necklace that you always wanted and you couldn’t be happier. However, the next day you and your family left town to visit family, leaving your necklace safe at home. When returning home, you realize that someone had broken in and stolen all [...]

Ensure Your Valuables Are Properly Protected2019-04-08T22:16:27-05:00

Insurance for Your Trucking Business for Small Motor Carriers

As a trucking business owner, you realize that your business is not only vastly specialized, but is inherently risky which is why having the best coverage for your trucking needs is crucial for not only the protection of your business, but the success of your business as well. Finding the right type of insurance for your trucking business for small motor carriers is more problematic than a standard home or car insurance policy because there are merely a few insurance agents in NC, SC, and VA that can provide the coverage options that you may need. We Offer Many Trucking Company Insurance Solutions Paramount Insurance Agency is a N.C. independent insurance agency that is here [...]

Insurance for Your Trucking Business for Small Motor Carriers2018-12-17T17:51:24-05:00
Paramount Insurance Agency is an independent insurance agency offering personal and business insurance protection to families and businesses all over North Carolina including High Point, Greensboro, Winston-Salem, Burlington, Raleigh, Cary, Wilmington, Charlotte and Asheville.

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