Tarheel Insurance Group

North Carolina Wind and Hail Insurance is a critical component of protecting your home, automobiles, and other precious assets. In the state of North Carolina, Wind & Hail insurance might not be a part of your homeowners’ policy. Yet in most cases, it is wind and hail that will do the most damage to your home! Many of the major carriers exclude wind, hail, and hurricane damage to your home so coverage is provided through the NCJUA (North Carolina Joint Underwriting Association) or through a private specialty carrier. Some smaller regional carriers may provide wind and hail coverage on the same policy but with different deductibles for that kind of damage.

All homeowners who have a mortgage are required by lenders to have wind and hail insurance. Many private insurance companies now write wind and hail insurance policies…for far less than the NCJUA Wind Pool (NC Joint Underwriting Association).

No. An insurance company cannot require you to go to a particular repair shop.

Yes, if he is a resident of your household. However, you must notify your agent or company. Failure to do so could jeopardize your coverage.

Your policy will automatically meet the other state’s liability requirement. When it is time to renew your policy, you may be required to purchase insurance in the state where you are stationed. If you are on your parent’s policy tell them NOT to remove you when you go to basic training as this will be treated as a lapse and result in higher rates when you reapply for insurance on your own.

Yes, if you notify the insurance company within 30 days after acquiring a new vehicle. Additional vehicles will have the broadest coverage of any vehicle listed on your policy. Replacement vehicles will have the same coverage as the vehicle it replaced. If you do not notify the company within 30 days, there will be no automatic coverage.

Whenever your liability coverage is cancelled or nonrenewed, your insurance company is required to notify the North Carolina Division of Motor Vehicles (DMV). The DMV is required to notify you when they receive the notification. If there is a penalty, the DMV will advise you of such and what action, if any, that you need to take.

It is important to know that a standard homeowners insurance policy typically does not cover flood damage. And because floods can occur anywhere, you should consider purchasing a separate flood insurance policy. Flood insurance is issued through the National Flood Insurance Program (NFIP), which is managed by FEMA, or may be sold by some private insurers. A local insurance agent can help you purchase flood insurance. The price of flood insurance is based on several factors, including your property's flood risk, what the policy covers and how much coverage you buy. You can purchase separate coverage (generally up to $250,000) for the structure of your home and for your belongings (up to $100,000), according to FloodSmart.gov. The types of coverage you purchase and limits you set help determine the price of your policy. If your mortgage company does not require flood coverage you are most likely in a preferred flood zone and coverage might cost a little as $300-500 annually.