Asheboro Homeowners Insurance

Your Complete Guide to Asheboro, NC Homeowners Insurance

Ways to save with an independent agent

Asheboro North Carolina homeowners insurance

Asheboro, NC, used to be one of the largest suppliers of batteries and wire during World War II. Now they are known for their many historic structures and landmarks. Home to the North Carolina Zoo, this city sees a lot of tourists.

When you own a property in this charming town of 25,863 residents, you'll need coverage. Fortunately, an independent insurance agent can help with policy and premiums. Connect with a local expert in minutes. 

Are Break-Ins Covered under Your Home Policy in Asheboro, NC?

Your home policy needs to account for all that could go wrong. This includes break-ins. If you're unsure what coverages you have for a burglary, consult with a professional. In the meantime, look at the burglaries per 100,000 households below:

  • National average: 376.00
  • North Carolina average: 599.90
  • Asheboro average: 825.6

When a burglary occurs, it can be nerve-wracking. You'll want coverage for personal belongings and medical expenses. Most policies have low limits on medical payments, so be sure you check that when shopping for insurance. 

Ways to Cut Costs on Your Asheboro, NC Home Insurance

When it comes to your home insurance, there are several ways to cut costs. You will have control over improving some items to help lower rates. Let's look at the average homeowner's premium:

  • National average: $1,211
  • North Carolina average: $1,086

Carriers look at a variety of factors when rating your policies. Weather and local crime will affect your pricing as well. Below are a few things you can review to get you started:

  • Improving your credit score
  • Filing fewer insurance claims
  • Updating your roof, electrical, plumbing, or heating

Another way to save is by bundling. When you bundle your home and auto insurance with the same carrier, you'll save big. Some companies give a 30% discount or more. 

Liability Insurance Options for Your Asheboro, NC Home

Your home's liability coverage is one of the most used when a claim arises. Instead of being caught off guard with low limits, get the right policy. Homeowners liability coverage will defend household members against lawsuits due to the following:

  • Bodily injury to others
  • Property damage to others

If you're looking for real protection, an umbrella policy can help. Umbrella insurance pays for a more substantial claim when your underlying limits have been exhausted. Coverage starts at $1,000,000 and goes up from there. 

Will Your Home Insurance Cover a Catastrophe in Asheboro, NC?

Home insurance is in place to protect your structure and family when a loss occurs. Catastrophes and natural disasters are unavoidable and should be accounted for in your policy. Take a peek at the top exposures in Asheboro, NC:

  1. Hurricanes and tropical storms
  2. Burglary and other property crimes
  3. Flooding and water damage
  4. Severe storms and lightning damage
  5. Wildfires and residential fires

Why you need flood insurance:

Contrary to popular belief, your home policy excludes coverage for flood damage. If you're without separate flood insurance, you don't have coverage. Start by getting FEMA-approved quotes before a claim happens.

How Rental Insurance Works in Asheboro, NC

If you own a short-term or long-term rental property, you'll need different insurance. Since there are more risks associated with an unoccupied home, more things could go wrong. Landlord insurance will account for all your exposures. 

If you are operating an Airbnb or other short-term rental, be sure to tell a licensed agent. Your policy needs to be written with specific carriers when you have revolving tenants. To get the right insurance in place, review your coverages. 

How to Connect with an Independent Agent in Asheboro, NC

North Carolina paid out $1,379,438,000 for property damage claims in 2016. When you need the best home insurance that covers all your losses, get a trusted adviser. An independent insurance agent can help. 

They work with several carriers, giving you options on policy and pricing. Since they do the shopping at no cost to you, it's a win-win. Connect with a local expert on TrustedChoice using their find-an-agent tool. 

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TrustedChoice.com Article | Reviewed by Jeffrey Green

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