Buying boat insurance is not always a straightforward process, especially if you’re doing it for the first time. However, you need to get the right amount of insurance to stay safe in the water, whether you do it for pleasure, sports, or other reasons. Some marinas at Charlotte, NC may require you to have boat insurance to allow you to dock with them.
Your lender may also require you to get boat insurance to safeguard their investment when buying a boat. That’s why Kempton Insurance Group recommends learning about your policy by asking the following questions.
Do I need boat insurance for my boat?
Nobody will arrest you for not having boat insurance in Charlotte NC. However, it’s always a prudent idea to be financially responsible in case you cause an accident. You may be eligible for a boat endorsement on your home insurance policy if you own a small boat. Large motorized boats require specialized insurance based on your lifestyle and type of boat.
Can boating experience affect my policy?
Yes. Like car insurance, boating insurance companies check your boating experience to rate your risk level and determine your insurance rates. The lesser your experience, the more expensive your policy gets. You should prove to your insurer that you can safely handle and navigate a vessel without much hassle.
Is my personal property covered?
Yes. You can have special personal property coverage if you keep lots of valuables in your boat to protect them. Most water sport enthusiasts who have to take their sporting equipment with them purchase this policy to help replace their personal property when damaged by water or stolen.
The more questions you ask, the better you understand your policy. At Kempton Insurance Group, we encourage our customers to ask any questions they might have to address and clear all doubts about any policy. Feel free to contact us for more questions or information.
Umbrella insurance was designed to provide an extra layer of liability protection on top of primary policies like home and auto insurance. Lawsuits in Charlotte, NC can be pretty expensive. They can easily lead to significant financial losses if you are not adequately prepared. Here are three things you probably don’t know about umbrella insurance.
1. Not ALL lawsuits are covered
While umbrella insurance mainly works on liability, not all lawsuits are covered. Once your home or auto insurance limits have been reached, Umbrella insurance can come in and take care of the rest. However, the policy may not cover you if the act was found to be intentional or criminal. That means acts such as sexual harassment, intentional bodily harm, property damage or damage and injuries that result from too much intoxication are not covered. Umbrella insurance is designed to protect you from lawsuits that result from accidents, not malicious acts.
2. Some dog breeds are NOT covered
Dog bites are quite common in Charlotte NC but pretty expensive to treat. It’s even worse if you’re sued. Fortunately, umbrella insurance can cover dog bites, BUT not all breeds are covered. Be sure to ask any Kempton Insurance Group about the breeds covered to know if your pet is covered or not.
3. Certain risk factors can impact your coverage
The most attractive part of umbrella insurance is a liability. Some people are at a higher risk of getting slapped with a lawsuit than others. Remember, you can be sued for many reasons, including injuries, property damage, threats or giving wrong information, false advertisements, and many other reasons. Depending on your risk level and type, you may want to buy umbrella insurance if you are a landlord, own dogs, travel regularly, own a swimming pool, gym, or trampoline, or entertain visitors more often.
At Kempton Insurance Group, we care about you and what matters to you most. That’s why we go out of our way to ensure you get an insurance policy that will protect your assets and loved ones. Feel free to call or visit us today!
Some people get confused about their flood insurance policy and think that they need to utilize it when their plumbing suddenly fails in their homes. However, when our customers call us at Kempton Insurance Group about this issue, they often find that they can’t get covered. If you live in or near Charlotte, NC and are confused about this situation, please learn more about your protection.
What Flood Insurance Does and Does Not Cover
Flood insurance is designed specifically for natural disasters, such as excessive rainfall caused by sudden storms or winter melts. However, these floods can cause problems as diverse as mold throughout your carpets and various other factors that can be damaging and hard to overcome.
Unfortunately, it will NOT cover plumbing failures, such as if your pipes suddenly fail on you for any reason. That said, your homeowner’s insurance policy WILL cover this type of damage. The failure must not have been caused by poor maintenance, neglect, or natural wear and tear issues.
So if you own a home and experience a sudden failure of your plumbing system due to manufacturing failure or other issues that you don’t cause, talk to your home insurance company. As for your flood insurance, you’ll only need it in rainy seasons or when your home is affected by water from outside the house.
Don’t Neglect Your Flood Protection
If you are worried about plumbing-related issues causing floods in your home, make sure to check your home insurance policy. And if you live in an area with high flood risk and you’re worried about an unnaturally high level of water, it is a good idea to consider calling us at Kempton Insurance Group. We serve Charlotte, NC and can provide high-quality policies that will work for your needs.
Owning a condo is a great way to own your own home without all of the maintenance of a yard. If you have a condo, it’s vital that you keep condo insurance from the time you buy your unit and keep it for as long as you live there. If you want to find out more about condo coverage, contact us at Kempton Insurance Group in Charlotte, NC.
Protect Your Condo
When you have a condo insurance policy, part of this protection is coverage for the building itself. However, it doesn’t cover the entire building. The portion of the building that you own is spelled out very specifically in your contract. Those are the portions of the building that you need to insure. This generally means that you insure the inside and the condo board insures the outside. Your condo policy will include only the exact areas that you own and are responsible for.
Cover Your Belongings
All of your belongings that are inside your condo are also covered by your condo policy. If your possessions were to be ruined by a disaster, calamity or accident, it can all be covered by your condo insurance policy. When you move into your condo, it’s a good idea to go around your home and film or take pictures of the items you own. This will help you to prove what was inside it if the worst happened.
Another portion of your condo policy is the section that is devoted to protecting your liability. If a third party were to visit your condo and then become injured inside it, you can be judged liable for the accident and the medical costs. This insurance pays that amount for you.
Cover Your Condo
If you don’t have condo insurance yet, contact us at Kempton Insurance Group in Charlotte, NC.
Is Commercial Auto Insurance Required in North Carolina?
It is required under North Carolina law that minimum liability insurance be maintained for commercial vehicles. Bodily injury and property damage are types of coverage needed for commercial vehicles. Getting the right types of coverage is crucial to operating safely and legally on North Carolina roadways. It is a good idea to trust professional insurance agents who know commercial auto insurance inside and out.
At Kempton Insurance Group in Charlotte, NC, we can help you understand what kind of insurance you need for commercial vehicles. We have years of experience working with all kinds of insurance for commercial and other types of vehicles.
Benefits of Commercial Auto Insurance
Staying properly covered with adequate insurance is not only necessary by law, but recommended for personal protection. Minimum liability is effective for some instances, but higher limits will ensure that your business is protected especially if you own many vehicles. Vehicle types may require more coverage as well. A specialized agent can help walk you through requirements and amounts on insurance coverage. Collision and comprehensive insurance can offer more protection for additional costs. If you own a lot of vehicles, it may be good to consider more options.
Quality Automotive Insurance in Charlotte
Contact us at Kempton Insurance Group in Charlotte, NC to speak with an agent about commercial auto insurance in North Carolina. We have years of collective experience and have helped many individuals and businesses with quality commercial auto insurance. We will work hard to get you the best rates and most effective personalized coverage possible. Our agents are here to help you with any questions you may have.
If you own a bike, you know that it comes with its share of responsibilities. You may have greater freedom on the road, but you also have an obligation to protect yourself and others against accidents. Motorcycle insurance from Kempton Insurance Group offers all the protection you need. Here’s what you should look for when purchasing a motorcycle policy in Charlotte, NC.
Liability insurance is the coverage that protects others in accidents you cause. If you’re at fault for a road accident that sends someone to the hospital or leaves their vehicle a wreck, liability insurance helps cover their medical or property damage costs. North Carolina requires that you carry minimum motorcycle liability insurance. However, if you’re an avid rider, you may want to purchase more to safeguard your travels in Charlotte, NC, and beyond.
Collision insurance protects you against crashes into other vehicles or objects. If, for example, you lose control of your bike on a slippery road and crash into a tree, collision insurance will help cover repairs to your bike. If your bike is totaled in a crash, collision insurance helps cover the cost of replacing it.
This insurance covers damage to your bike from non-collision causes like hail, windstorms, falling objects, vandalism, fire, etc. It also protects you against theft.
Uninsured Motorist (UM) Coverage
UM coverage will cover these costs if you’re hit by someone with no insurance or insufficient insurance to pay for your bike’s repairs.
You never know when your bike will falter and leave you stranded by the side of the road. This coverage helps pay for jump-starting your bike or towing it to a nearby shop so you can get repairs done.
For quality motorcycle coverage at affordable costs, call or visit your Kempton Insurance Group agent today.
You’ve finally tracked down an apartment in the exploding city of Charlotte, NC, and you’re all set to sign the lease. But wait, what’s this you see in the fine print? The landlord is asking for you to get a renters insurance policy. Whether you’re new to renting in this area or have not navigated renters insurance before, it’s common to have questions. Our team at Kempton Insurance Group is here to help. Here’s what you need to know about renters insurance in Charlotte, NC, starting with whether or not it is actually a legal requirement.
North Carolina Renters Insurance Laws
First and foremost, it’s worth noting that the state of North Carolina does not require individuals to carry renters insurance, nor does the city of Charlotte. However, leases are considered legally binding (assuming they adhere to local laws and tenant rights). You may be required to carry renters insurance as part of your lease, and not doing so could be grounds for eviction.
Landlords Can Require Specific Amounts of Coverage
As part of the lease, your landlord can state how much coverage they would like you to get. More and more landlords are starting not only to require renters insurance in Charlotte, NC but also to stipulate minimum coverage amounts. The good news is that signing up for a policy can typically be done pretty quickly, often the same day you sign your lease.
Homeowners Insurance is Not the Same as Renters Insurance
You might wonder why you need homeowners insurance if your landlord already has homeowners or building policy. However, this only covers the structure and surrounding property, not your personal belongings. Renters Insurance focuses on individual tenants rather than the property as a whole, which is why many landlords require it.
Need renters insurance? Contact Kempton Insurance Group today to learn about your options!
RV insurance in Charlotte, NC is a great way to protect your investment and keep you out of trouble. But you may have wondered if you actually need it or not. Kempton Insurance Group wants you to learn more about RV insurance and what types of available for you.
Does RV Insurance Work?
The answer to this simple question is yes. You will need insurance. Much like, auto insurance, RV insurance will cover you from any number of events, and it can be adapted to how you use your vehicle. So if you know that you’re going to be towing another vehicle behind your RV, such as a travel trailer, you need to have enough coverage in case something happens to a vehicle that is not self-propelled.
What Does It Cover?
RV insurance can be set up to protect you in case of accidents, theft, or vandalism from injuries to property damage. These policies are similar to standard auto insurance, from a tree falling over in the forest to a stray deer in the road to a drunk driver. One important thing that you should consider is whether you have protection against uninsured or underinsured motorists. So if someone causes a collision and doesn’t have the means to cover the damage, will your carrier be able to step in?
Getting Coverage in North Carolina
Kempton Insurance Group of Charlotte, NC wants you to have the protection you need when you’re trying to get every last drop of freedom from the road. An RV can be your ticket to endless road trips, but you need to have the right policy covering it to have true peace of mind. Give us a call today to learn more and see how we can help you get the right policy for you.
For people in the Charlotte, NC area, owning a motorcycle could be a great option. This area of North Carolina tends to have good weather throughout the year, making owning a motorcycle a very reliable and practical mode of transportation. When you are going to get a motorcycle, it is important to assess your insurance needs. There are several reasons why you should get a motorcycle insurance policy.
Insurance Provides Valued Protection
The main reason that you should get a motorcycle insurance policy is that it will provide you with valuable protection. When you get motorcycle coverage, you will receive liability protection that will support you if you are deemed liable for damages in an accident. If you get a full policy with comprehensive and collision protection, you will receive coverage for a wide range of issues that could result in a loss, including damage or theft.
Insurance is Required
It would help if you also got a motorcycle insurance policy because it will likely be a requirement for you. Anyone that owns a motorcycle in North Carolina will need to have at least liability insurance whenever they take the motorcycle out for a ride. Additionally, you will have additional requirements if you took out a loan.
As you are shopping for motorcycle insurance in the Charlotte, NC area, you should speak with someone that you can trust to ensure you make the best decision possible. The team at Kempton Insurance Group can provide you with the guidance and support that you need to choose a quality policy. The professionals at Kempton Insurance Group will take a personalized approach for helping you choose a policy. They can also answer any questions you have about your needs and options.
As an experienced boater or just a boat owner, you probably know about the importance of boat insurance. You need to carry this type of insurance to be fully protected if you get into a boating accident. If you have just started looking for boat insurance and have no idea where to start, Kempton Insurance Group serving clients in Charlotte, NC has prepared the list of tips for purchasing the perfect boat insurance policy:
Determine what type of boat you have
Do you have a fishing boat that you use for fishing on weekends, or is it a party boat where your family and friends gather regularly? The type of boat you have affects the cost of your boat insurance. For example, an insurance policy for vessels greater than 27 feet is more expensive than regular boat insurance.
Know the basic two types of boat insurance: Agreed Hull Value (AHV) and Actual Cash Value (ACV)
With the AHV policy, a boat owner and the insurance company agree on the amount that the boat owner receives from the insurance company if the boat is totaled. The AHV policy costs more, and the premiums are higher, but the coverage offered is also bigger than ACV coverage. With ACV coverage, a boat owner is given the current market value of the boat in the event of a total loss.
Make sure that the policy includes towing assistance coverage.
You should make sure that the boat insurance you chose handles an on-water towing coverage endorsement. If it does not, you may end up paying a huge bill out of pocket.
Whether you have just purchased a new boat or you have been using your boat for a while, boat insurance is an investment you need to make to protect your precious possession, all the belongings, and yourself. If you live in Charlotte, NC and need some help with choosing the right policy based on your insurance needs and budget, do not hesitate to contact the Kempton Insurance Group and talk to one of our experienced agents.