NC auto insurance

Understanding Auto Insurance Deductibles: What Drivers Should Know Auto insurance can be confusing, especially when it comes to deductibles. At Paramount Insurance Agency, we believe that informed drivers make smarter insurance choices. Here’s a simple breakdown of how auto insurance deductibles work and how they impact your coverage and costs. What Is an Auto Insurance Deductible? A deductible is the amount you agree to pay out of pocket before your insurance company covers the rest of a claim. For example, if you have a $500 deductible and your repair costs are $2,000, you would pay the first $500, and your insurance would cover the remaining $1,500. Types of Deductibles Collision Deductible – Applies when your [...]

What to Do After an Auto Accident: A Step-by-Step Guide Getting into an auto accident can be overwhelming and stressful. Knowing what to do immediately after a crash can help protect your safety, ensure compliance with the law, and streamline the insurance claims process. Paramount Insurance Agency in High Point, NC, is here to guide you through the necessary steps. 1. Check for Injuries and Ensure Safety Your first priority is safety. Check yourself and passengers for injuries. If anyone is hurt, call 911 immediately. If it’s safe to do so, move your vehicle out of traffic to prevent further accidents. 2. Call the Authorities Even if the accident is minor, call the police. A [...]

“Stay Alive” During the Holiday Season The holiday season brings love, family time, travel, and parties. However, if you aren’t cautious, it can also bring stress and anxiety, especially if something unfortunate happens while traveling. With Christmas and New Year’s fast approaching, more people are on the road in their personal cars. The increase in traffic raises the likelihood of being involved in an auto accident. Despite the congestion, you can prepare and take steps to avoid accidents and “stay alive” during the holiday season.   5 Safety Measures for the Holiday Hustle Outfit Your Vehicle Planning your trip includes preparing your vehicle with essential items before hitting the road. Make sure you pack: A fully [...]

If You Receive Notice That Your N.C. Auto Liability Insurance is Ceded, Will You Know What It Means? If you own or operate a vehicle in North Carolina, you are required to carry auto liability insurance. While this may sound straightforward, it can be more challenging than expected. A poor driving record with multiple accidents or violations can create obstacles to obtaining or maintaining N.C. auto insurance. A tarnished driving record may lead an insurer to cede your auto liability insurance. But if you receive notice that your N.C. auto liability insurance is ceded, will you know what it means? In most cases, auto insurance coverage cannot be denied. However, if your insurer determines that [...]

Loaning Your Car- A Good Idea?  Loaning your car - a good idea? It seems harmless enough to hand your keys over to someone who asks to use your car until an auto accident occurs. That's when the confusion sets in, and you may reconsider whether that was a good idea after all. If you aren't clear on the coverage issues that may arise when someone else drives your car, you may want to read on. Assume for a moment that a friend or neighbor asks to use your car for the day to pick up children from school and run a few errands. If that person causes an auto accident you may not realize [...]