Insurance for Wake Forest and Surrounding Areas

The average American works a lifetime for his or her home, car, and other possessions. Yet it can only take a single disaster to destroy most or all of that. Going without insurance is like risking everything you own in the casino every night. Sooner or later the clock is going to strike 12. Fortunately, it doesn’t have to be like that. The right type of insurance policy won’t necessarily cost a fortune but it will allow you to sleep peacefully every night. Below we take a brief look at the different types of insurance coverage offered by Infinity Insurance Agency at very competitive prices.

Personal and Commercial Auto Insurance 

If you own a car, auto insurance is a vital investment. Accidents can, and do, happen on a daily basis and can lead to damage of thousands of dollars and even leave you without a car to get around. Also, if you live in North Carolina and own a vehicle, there are laws that require you to have the following basic minimum amounts of liability car insurance coverage:

• $60,000 for bodily injuries if you cause an accident and two or more people are hurt
• $30,000 per person for bodily injury liability in case you cause an accident
• $25,000 per accident for property damage

 

These amounts cover the vehicle damage, medical bills, and related costs of passengers, drivers, and pedestrians who suffer losses from a vehicle accident that’s your fault (up to the amounts covered by the policy). A comprehensive car insurance policy will, however, provide even better coverage.

Home Insurance

 

If you have a home loan, the lender will typically require that you have home insurance. But even if you no longer have a mortgage, having proper insurance will massively reduce the risk that fire, vandalism, and theft pose to your belongings. You could even end up completely without a home. The right kind of homeowners insurance will cover your home and its contents (also your personal property), detached buildings, and other structures. It could also include liability insurance for when you e.g. have guests sleeping over and a fire destroys their personal belongings.

Condo Insurance 

In the majority of cases, the condominium association’s insurance cover only goes as far as the exterior walls. This means that you as the owner are responsible for interior walls and your personal belongings. You could also be responsible for fixtures and even face liability claims.

The majority of condo insurance policies provide cover for claims resulting from the following:

• Lightning
• Fire
• Smoke
• Windstorm
• Theft
• Vandalism
• Burst water pipes etc.

Renters Insurance 

If you are renting a home, condo, or apartment, having renters insurance will make sure that your belongings are covered against damage resulting from e.g. fire and smoke. A typical renters insurance policy will cover your furniture, electronics, clothing, jewelry, accident damage, and often also if you incur temporary living costs.

ATV Insurance 

If you own an ATV (All-Terrain Vehicle), scooter, or golf cart, for insurance purposes you should treat them no different from the motor vehicle you drive to work with. These vehicles can be quite expensive and without the right type of insurance, you can suffer huge financial losses. ATV insurance coverage typically comes with comprehensive, collision, or liability coverage options and there is often also add-on coverage available. It is very important to discuss your needs in this regard with a professional.

Motorcycle Insurance 

If you love the great outdoors, buying a motorcycle can be one of the best investments you ever make. As long as you do not forget that, without insurance, you will be risking that investment every time you go for a ride. The right kind of motorcycle insurance will protect you against the financial risks posed by accidents, liability claims, and theft. If you own a vintage motorcycle (for which replacement parts can be very expensive), it’s even more important to have the right motorcycle insurance. It shouldn’t come as a surprise, therefore, that in the majority of US states a standard motorcycle insurance policy that includes property damage liability and bodily injury cover is actually required by the law.

Motorhome and Travel Trailer

Whether you drive a motorhome or travel with a trailer for road trips and vacations, Infinity Insurance Agency has insurance for your RV. Chances are, you have a lot invested in your home away from home, and we can help protect it.

Flood Insurance 

Floods often happen in many parts of North Carolina. It’s easy to make the mistake of thinking that it won’t happen to you. But if it does happen in the area where you live and you are caught without proper flood insurance, you can end up with major financial losses. Flood insurance is a kind of property insurance that covers you against losses you might suffer if your home is damaged by water during a flood caused by prolonged or heavy rain, a coastal storm, melting snow, a dam failure, or even blocked storm drainage systems.

The Bottom Line 

If you’ve read this far, you now probably know much more about the risks of going without insurance than before. The good news is that having the right kind of insurance coverage doesn’t have to cost an arm and a leg. If you sit down with one of the professionals at Infinity Insurance Agency in Wake Forest, North Carolina, we will take into account your specific needs and circumstances to recommend a policy that has been tailor-made for those needs, taking into account what you can afford.