Purchasing a new insurance plan, or upgrading an existing one, isn’t always a straightforward process. You want to be confident you’re receiving the best possible coverage for your needs, so be sure to clarify the following points with an insurance agent.

Questions to Ask an Insurance Agent

What coverage do I need?

Most Americans are legally required to have auto and health insurance. While not required by law, mortgage lenders and landlords also may require homeowners or renters insurance. Additionally, life insurance isn’t required, though it is invaluable should you pass unexpectedly.

An insurance agent will carefully examine your assets and current life situation to determine what insurance you need. They can also help you upgrade plans if you recently had children, got married, or made another significant life change.

How can I protect myself from lawsuits?

Liability insurance is crucial if you’re sued by a guest who was injured in your home or are responsible for an auto accident. This policy covers lawsuits that require you to pay for medical expenses and damages, which could be financially devastating without coverage. An insurance agent will walk you through plan options, so you secure the right amount of coverage.

How can I lower my premiums?

Many insurance agencies will lower your monthly premiums if you purchase several plans with them. They’ll also reward discounts for good credit and a clean driving record. Finally, upgrading safety features in your home or vehicle can lower premiums as well.

What does homeowners insurance cover?

Homeowners insurance generally covers damage from fire, smoke, lightning, hail, and wind. It'll also likely reimburse you for belongings damaged in a disaster, as well as other structures on the property, such as a detached garage or fence. These plans even cover expenses if a guest is injured on your property.

However, they often don’t cover flood or earthquake damage, so you’ll need to purchase additional plans for this. You may also need more insurance if you own a lot of high-value items the current policy doesn’t cover.

If you’re looking for new insurance, contact North Carolina Farm Bureau Insurance Group. This Matthews, NC, agency has been offering many convenient plans and packages, including health insurance, car insurance, and life insurance, to clients throughout Mecklenburg and Union counties since 1955. You can schedule a consultation by calling (704) 841-8700, or learn more about their plans by visiting their website.