Entrepreneurs love the excitement of creating and promoting a new product as a small business owner. Wayne Realty & Insurance Co Inc. of Goldsboro, NC can help with securing the right amount of general liability insurance for your new business venture. The broadness of the coverage will be based on the businesses’ specific needs. 

Common General Liability Insurance Coverage

All small business owners should have some form of general liability insurance in order to survive in today’s tough marketplace. A policy offers a broad amount of coverage that protects a small business from a number of different risks and obstacles that come with opening your doors to the general public each day.

General liability insurance will cover all legal costs associated with a potential lawsuit. Without the coverage, a final judgment or financial settlement to a civil dispute could cost a large amount of money and force the closure of your business. It’s important to remember that not every general liability insurance policy is absolute. To protect your small business, you will need certain terms in the agreement to gain full coverage. 

Common General Liability Insurance Terms

The most common term of general liability insurance is "third party property" damage claims, which could involve a possible lawsuit for damaging a client’s or customer’s personal property. Often, the unfortunate accident is a result of normal business practices taken by one of your employees. 

Another common term is "regardless of fault" as general liability insurance protects a small business if an individual or employee is injured on the storefront property. Common examples include a customer slipping on a wet floor without any caution signs shown in full view. Or an employee getting injured while executing their job’s daily tasks. General liability insurance coverage will pay for all medical care and either repairing or replacing personal property that was damaged in the process. 

Small business owners are constantly looking at the bottom line and trying to make the best financial decisions for their business. Wayne Realty & Insurance Co Inc. of Goldsboro, NC can create different general liability insurance policies that fits within your businesses’ budget. We want to protect your investment with the best coverage on the market today. Call and let us help. 

Property insurance is something purchased by homeowners in Goldsboro, NC on a daily basis. Do you have a good handle, though, on exactly what types of assets are covered in such a policy? Why is it important to be aware of property insurance as a coverage category and what should you be looking for when the time comes to make a purchase of your own?

When you hear the term property insurance, it is a widespread phrase. Property insurance is going to cover a number of different policies that will give you protection as a property owner. This can include things such as homeowners insurance, renters insurance, and more.  

Generally speaking, the types of assets that will be covered with a property insurance policy include your property itself, as well as potentially the contents within it. Think about the home that you own. You could also look at it from the perspective of an inland marine policy to cover a boat. You may have a property insurance policy to cover the home or the boat, and if damage took place then it could cover that loss.  

That same insurance loss is something that you could also extend to the contents within the home or the boat. If you have a lot of personal content or property, you could file that under a personal property insurance claim.  

When you see the value of personal property insurance coverage as a category of insurance, you see why so many enjoy the benefits that go along with it. You get coverage for your home or whatever other property you are insuring, as well as coverage to protect the contents within. Work with the team at Wayne Realty & Insurance Co Inc. to learn more today.

Shopping for commercial insurance can be confusing, especially for new business owners. Selecting the right type of policy and coverage is the key to protecting yourself from potential losses. The best way to get adequate coverage without gaps is to consult with a professional insurance agent who can guide the client through the purchase process. One of the top questions shoppers have is how much commercial insurance coverage is enough for their situation.

How Much Coverage is Enough?

Getting adequate coverage is the primary goal when purchasing commercial insurance. The first step is to identify the value of the physical location and then the equipment and inventory located on the premises. This process may take some time if there is a shared location and extensive inventory and equipment. A round figure should be calculated, and the next higher available amount should be chosen. It’s crucial not to underinsure because incidents can cause expenses to pile up, and out pocket expenses could mean disaster for some business endeavors. 

Get Assistance With Commercial Insurance

Commercial insurance is a broad term for diverse business coverage. These types of policies can be tailored to fit many different types of businesses and are meant to provide a greater amount of security from risks and unexpected damage to the building or equipment. To get the right coverage, check out Wayne Realty & Insurance Co., Inc. serving Goldsboro, NC. We can outline current needs and match them with common sense policy coverage to protect a business and help avoid gaps. 

Get comprehensive commercial coverage today with the help of Wayne Realty & Insurance Co., Inc. if you live or work near the Goldsboro, NC area. We have the products and answers you need to stay protected. 

Property insurance is a general term that typically refers to the coverage of personal property in case it’s damaged or stolen. If you’re in Goldsboro, NC and what to know more about how to protect your possessions, Wayne Realty & Insurance Co., Inc. wants to help you with the answers. 

Things Worth Protecting 

Because we don’t purchase everything all at once, we tend to forget the collective value of all of our things. But this assumption can be dangerous if it’s put to the test. If your home burned down, would you be able to replace all of your electronics, jewelry, and clothing without any trouble? Chances are, it would be costly to even replace a fraction of what you already have. Whether you rent or own, property insurance is designed to give you a way to protect your things if you lose them for a covered reason. 

Getting Ready for the Future 

If you’re interested in property insurance, there are a wide range of policies from which to choose. Whether you want to cover your things against flooding, hurricanes, earthquakes, etc, you can speak to an insurance professional to learn more about what’s available. You can also ask questions about the individual property to understand more about how everything is valued. For example, perhaps you have a table that you took the time to restore and paint. You can request a customized policy consideration to ensure that you receive what everything is really worth. 

If you have questions about which property insurance is right for you, Wayne Realty & Insurance Co., Inc. can be of service. We help the people of Goldboro, NC get the information they need so they can rest easy. Give us a call today to learn how to protect your material investments. 

Protecting your family is of the utmost importance. When you have the right health insurance policy, it’s easier to get people to the doctor or the hospital when necessary. There’s no telling when something’s going to happen, so you need to know that the coverage is there throughout the year.

At Wayne Realty & Insurance Co., Inc., we are here to help you find a policy that you can rely on in Goldsboro, NC.

Getting the Right Coverage

You want to make sure that you are able to get your family the healthcare that they need in Goldsboro, NC. This includes being able to go to the doctor when they are sick, getting immunizations when they travel, and getting to the ER when they have been injured. Not all insurance policies work the same way. As such, you need to make sure you have the right health insurance based on all that can happen – as well as any pre-existing conditions that are in place.

Explore the Costs

It’s important to make some comparisons between the different health insurance companies and policies that are offered. From HMO to PPO to cost-savings plans, the plans can vary dramatically. It’s easy to go with the most affordable premium. However, you want to make sure that is providing you with the right policy. This is why you need to explore all of the costs.

In addition to the monthly premium, you need to look at what your co-pays are as well as what prescriptions will cost. Otherwise, you may find yourself paying more per incident even though your premiums are lower than what they would be with another plan.

Rather than being overwhelmed by the whole process, you can ask for help. Independent health insurance agents can answer all of your questions.

Contact us at Wayne Realty & Insurance Co., Inc. today to learn more about health insurance policies. We can walk you through the process and ensure that you get a policy that will protect the entire family.

 

Wayne Realty & Insurance Co Inc. In Goldsboro, NC

Simply stated, umbrella insurance protects you and covers liability amounts that exceed the basic level of insurance. This convenient and worthwhile type of insurance protection can be attached to a commercial insurance policy or a homeowner’s insurance policy. While these two types of insurance policies are generally the type which would include umbrella insurance as an attachment, you can speak with an insurance agent about attaching umbrella insurance to just about any insurance product.

Umbrella insurance is an added benefit because it gives you peace of mind regarding what would happen if your liability exceeds a basic level. 

Regional Downpours?

With that being stated, umbrella insurance by region can vary widely. People who live in inclement weather areas tend to add umbrella insurance to their home insurance in case calamity happens with an extraordinary weather event. Individuals on the West Coast may attach an umbrella insurance policy due to the occasional earthquake. If brush fires are prevalent there may a need to add umbrella insurance in that region.  

Speak with your agent today to learn more about regional differences and how umbrella insurance can make certain you are prepared. 

Before the downpour happens to come in to see us at Wayne Realty & Insurance Co Inc. We aim to be comprehensive service agents so you might feel the protection everywhere. However, in terms of our physical logistics, we are located in Goldsboro, NC  27530. Stop in or give us a call today. Working on your policy ahead of time will ensure that you are insured for whatever extra heavy rainfall may be in your forecast. Your umbrella insurance is designed to cover you in the event of something unforeseen, as well. 

Wayne Realty & Insurance Co Inc. In Goldsboro, NC

Simply stated, umbrella insurance protects you and covers liability amounts that exceed the basic level of insurance. This convenient and worthwhile type of insurance protection can be attached to a commercial insurance policy or a homeowner’s insurance policy. While these two types of insurance policies are generally the type which would include umbrella insurance as an attachment, you can speak with an insurance agent about attaching umbrella insurance to just about any insurance product.

Umbrella insurance is an added benefit because it gives you peace of mind regarding what would happen if your liability exceeds a basic level. 

Regional Downpours?

With that being stated, umbrella insurance by region can vary widely. People who live in inclement weather areas tend to add umbrella insurance to their home insurance in case calamity happens with an extraordinary weather event. Individuals on the West Coast may attach an umbrella insurance policy due to the occasional earthquake. If brush fires are prevalent there may a need to add umbrella insurance in that region.  

Speak with your agent today to learn more about regional differences and how umbrella insurance can make certain you are prepared. 

Before the downpour happens to come in to see us at Wayne Realty & Insurance Co Inc. We aim to be comprehensive service agents so you might feel the protection everywhere. However, in terms of our physical logistics, we are located in Goldsboro, NC  27530. Stop in or give us a call today. Working on your policy ahead of time will ensure that you are insured for whatever extra heavy rainfall may be in your forecast. Your umbrella insurance is designed to cover you in the event of something unforeseen, as well. 

Many small to medium-sized businesses are looking to purchase group health insurance plans for themselves and their employees. If you are looking to provide health insurance to your employees for the first time, you may have many questions about buying group health insurance. At Wayne Realty & Insurance Co Inc. serving Goldsboro, NC, we want to help answer some of the questions that we are routinely asked. Here are a few of the questions you may have related to buying group health insurance. 

What Are the Different Kinds of Health Insurance  to Select From When Buying Group Health Insurance?

You have the same types of health insurance plans available to you when you are buying group health insurance as you do when you are purchasing individual health insurance. This includes the four most common types of health insurance plans; PPO, HMO, POS, HDHP. 

Who Factors Should You Consider When Selecting a Group Health Insurance Plan? 

When you are selecting a group health insurance plan, you may want to ask around your office and find out what doctors, medical groups or hospitals your employees currently use or prefer. Finding plans that allow them to keep their current providers will be appreciated. 

Do You Qualify for Tax Credits or Subsidies With Group Health Insurance? 

The final question you may have is whether you qualify for tax credits or subsidies for providing your employees with group health insurance. There are many factors that come into play when determining who is eligible for credits or subsidies, so it is best to talk to a tax professional to get the answer to this question. 

Are you looking to purchase a group health insurance plans for your employees in the greater Goldsboro, NC area? If so, Wayne Realty & Insurance Co Inc would love the opportunity to assist you. Call us today to learn how to get started.