Matthews Homeowners Insurance

Your Complete Guide to Matthews, NC, Homeowners Insurance

When a local agent is necessary

Matthews North Carolina Homeowners Insurance

Matthews, NC, was once full of rolling woodlands. Early farmers cleared the land for their crops, making Matthews an agricultural town. Now this place is an epicenter full of dining and shops that are sure to entertain.

If you're one of the 32,117 residents and own a home, you'll need coverage. An independent insurance agent can help with policy and costs. Get connected with a local expert and start your search today.

Liability Insurance Options in Matthews, NC

There are a couple of policies you can get that will give liability coverage for your home. One is your primary home policy, and the other is umbrella insurance. Homeowners liability coverage will defend household members against the following.

  • Bodily injury to others
  • Property damage to others

Umbrella insurance will supply an additional limit of protection when a liability loss occurs. If you have a more substantial claim that maxes out your underlying home policy, umbrella insurance can help. Limits start at $1,000,000 and go up from there. 

How to Reduce Your Home Insurance Premiums in Matthews, NC

If you're looking to reduce your costs on homeowners insurance, you're not alone. While the carriers set the rates, there are some things you can do. Take a look at the average homeowners premium.

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

Let's start with the items you can control when cutting costs. Personal data and loss history are things that can be improved for a lower premium. Below are a few factors you can review to get started:

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

When you want to save instantly, consider bundling. By putting your home and auto insurance with the same carrier, you'll qualify for a discount. Usually, 30% or more is saved.

If You Own an Airbnb, You'll Need This Policy in Matthews, NC

Your Airbnb property will have different insurance than a standard home policy. To have protection for all the risk exposures associated with a loss, you should review your coverage. Landlord insurance is necessary when you own a rental property. 

A landlord policy will protect your interests as the owner as well as third parties. It has coverage for loss of use when a claim puts you out of commission. This policy will include insurance for vacancies and theft. 

Will Your Matthews, NC, Home Be Prepared for a Catastrophe?

Your home's insurance needs to have coverage for catastrophes and local disasters. When a loss occurs without the right policy in place, it can mean financial ruin for you and your family. Take a peek at the top exposures in Matthews, 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

One policy a lot of homeowners are without is flood insurance. Contrary to popular belief, your primary home policy excludes coverage for flooding of any kind. That means you'll be on the hook for the expense without proper protection.

Home Burglaries in Matthews, NC

If you're a burglary victim, the last thing you need to worry about is coverage. To be proactive, get the right policy in place before it's too late. In the meantime, look at the burglaries per 100,000 households below:

  • National average: 376.0
  • North Carolina average: 599.9
  • Matthews average: 289.0

For a theft-related loss, you'll want coverage for personal property and medical payments. Your home policy will have a blanket amount for your belongings that you can access. Consider a personal articles floater to have a no-deductible, agreed value option if you have more expensive items.

Why You Need a Matthews, NC, Independent Insurance Agent

When you want insurance at an affordable rate, get a professional you can trust. An independent insurance agent has access to several markets, giving you options on coverage and premiums. Since they work on your behalf at zero cost, you'll save big. 

Instead of going at it alone, contact a local adviser for quotes. Connect with an expert on TrustedChoice.com in minutes. You can use the find-an-agent tool to get matched today.

Share this page on Twitter Share this page on Facebook Share this page on LinkedIn

TrustedChoice.com Article | Reviewed by Jeffrey Green

©2021, Consumer Agent Portal, LLC. All rights reserved.

https://www.city-data.com/city/Matthews-North-Carolina.html

https://www.matthewsnc.gov/pview.aspx?id=20684&catid=563