Owning a property in North Carolina means that you take on a number of liabilities. If an accident happens on your property, you are responsible for the costs. If bad weather happens to your property, you have to find a way to cover that too. These are just a few examples of the risks of not having North Carolina property insurance.

At Wayne Realty & Insurance Co Inc., we want Goldsboro, NC residents to be protected from every risk. We can help you to identify your risks, and build the best home insurance policy for your needs.

Legal Costs From General Liabilities 

General liabilities refer to general mishaps that happen with life. Your dog might bite a neighbor, your boss might fall down the stairs at your kids birthday party, a contractor might hurt himself on something in your backyard.

You are responsible for any problems like these that happen on your property. Many of these matters are things that you can control, which is why you are held responsible for them when they happen.

You can submit claims on your home insurance to cover those problems. If the problem is not resolved quickly, you could be sued for any of these things. Your home insurance would cover that to a certain extent.

Acts of God and Other Matters

Your home is a building that is susceptible to a number of other risks that you can not control. That includes:

• Fallen objects such as trees and other matters
• Fire
• Earthquakes
• Floods
• Hurricanes
• Hail
• Power outages
• Wildfires

These are just a few of the many risks that come with homeownership. North Carolina home insurance can help you with all of these things.

Get a Quote

When you own a home, you are buying into a dream, but it’s a dream that comes with a lot of big responsibilities. That is what home insurance is for. At Wayne Realty & Insurance Co Inc., we want Goldsboro, NC homeowners to have every risk covered. Call us for a quote today.

Wayne Realty & Insurance Co Inc. serves the Goldsboro, NC community. For over 50 years we have helped local residents find the coverage they need to protect their assets. We have relationships with multiple carriers throughout the region. We take the time to assess each of our client’s unique situations, so we can help them find a custom policy.

Benefits Of Group Health Insurance

As a Goldsboro, NC resident, you are aware of the state’s Small Employer Group Health Coverage Reform Act. The act highlights the benefits of businesses choosing group health insurance policies for their employees.

Efficiency

If you are a business owner, you’ll notice that group health insurance policies are efficient. It’s equally beneficial for both you and your employees. Your employees receive the security that they are protected if they get ill on the job or if they suffer a serious injury that requires surgery and rehabilitation. You are protected because your business should continue to function without any major issues.

More Options

Group Health insurance policies involve a large pool of people receiving coverage under one plan. Your employees should have more options to find coverage that specifically suits their needs. Group health insurance policies are flexible.

Improves Employee Morale

Your employees are the foundation of your business. When you show your employees that you value their hard work, you create a positive work environment. Your employees will be excited to come to work every day knowing that you will look out for them if they have health issues.

Wayne Realty & Insurance Co Inc. Will Help You Protect Your Assets

Visit our website to learn more information about group health insurance.

Being a small business owner can be a good idea for anyone that has a good idea, wants to work hard, and has a dream of being their own boss. As you are looking to start your company, you may find that Goldsboro, NC is a great business location. Those that do want to start a company here need to make sure they get proper insurance. You need to have commercial coverage for a few reasons.

Meet Investor and Lender Requirements

An important reason to have a commercial insurance plan here is so you can comply with requirements and standards set by various parties. A lot of businesses will take out a business loan or raise outside equity to help fund their business. Those that are going to raise these funds will have various insurance requirements set by the lender or investor. Not complying with these requirements could result in various violations. 

Protect Your Business

Business owners that do not have specific insurance requirements will also want to have this coverage as it can protect their business. A commercial plan can provide the coverage needed to repair or replace your key business assets and mitigate commercial liability risk. All of this coverage can prove to be very helpful if you do incur a loss or are named in a commercial liability claim. 

There are a lot of advantages that come with starting a company in the Goldsboro, NC area. As you are looking for coverage in this area, it would be wise to call Wayne Realty & Insurance Co Inc. There are plenty of advantages that come with starting a company in this area and Wayne Realty & Insurance Co Inc. can offer the support that is needed to build a plan that is ideal for your situation. 

Umbrella insurance is a cover designed to provide extra liability coverage when your auto, boat, and homeowners insurance get exhausted. However, unlike other policies, it can only provide compensation to help you offset 3rd party expenses. For more information on what this means and the areas covered, Wayne Realty & Insurance Co Inc. explains what a Goldsboro, NC resident can expect from umbrella insurance.

Bodily Injury Liability

The first instance that umbrella insurance will come in handy is when you cause injuries to 3rd parties. Bodily harm can arise from auto accidents that you cause, pet bites during a guest’s visit, and fall accidents in your home. If any of these occur and your primary cover can no longer cater to other parties’ medical costs, umbrella insurance will help you offset the balance.

Rental Unit Liability

Rental unit liability protects you from claims that you face as a landlord. When your tenants get injured due to defective structures and sue you for damages, umbrella insurance helps you pay the ensuring costs. These can be legal fees and damages when you are found liable for the harm caused.

Property Damage Liability

Property damage liability protects you when you destroy other people’s property. Examples of events that lead to this include auto accidents and when your guest’s property gets damaged in your home. Umbrella insurance provides compensation needed to cover the repair and replacement costs when policies such as home and auto are insufficient.

Everyday Liability Claims

Umbrella insurance also helps you cater to everyday claims when primary policies reach their limit or when they are not included in your coverage. Examples of these include slander, libel, and mental anguish. In addition to this, if you are also liable for claims related to malicious prosecution and false arrest, umbrella insurance helps you pay your legal fees and damages.

To get umbrella insurance in Goldsboro, NC, call Wayne Realty & Insurance Co Inc. today for a tailor-made policy.

Health insurance continues to be one of the most important forms of coverage that someone in the Goldsboro, NC area can obtain. Businesses all over this area continue to be required to provide health insurance as a benefit to their employees. When an employer is looking for a health insurance option, providing group health insurance is often an ideal option. There are several benefits that come with entering into a group health insurance agreement. 

Shared Risk Pool

One of the advantages of a group insurance plan is that it provides a shared risk pool. Providing health insurance to one person comes with risks that vary considerably based on their age, health factors, and other considerations. This could lead to a wide range of premiums due to these risks. With a group health insurance plan, a whole group of insured individuals will be combined. Collectively, this shared risk reduces risk on a per-person basis. This reduced risk can result in reduced costs for both the employer and employees. 

Provide Consistent Benefits

As an employer, it is very important that you treat all of your team members fairly. When it comes to insurance, a great way that this is done is through group insurance. With a group plan, the coverage you provide will be consistent from one employee to the next. 

Group health insurance offers a variety of benefits to policyholders. If you are looking for a new plan and are in the Goldsboro, NC area, you should reach out to the team with Wayne Realty & Insurance Co Inc. There are many factors to consider as you are looking for this insurance. Wayne Realty & Insurance Co Inc. can help you better understand your needs and options so you can pick an ideal plan. 

The main goal of every business person is to make a profit. However, numerous obstacles come in the way of accomplishing this goal. Various risks that affect businesses can cause financial losses and threaten the existence of a company.

For savvy business owners, protecting their investment is a priority. You want to make sure that no matter the challenges you experience, you’ll survive. One of the best decisions you can make to secure your business’s future is to purchase commercial general liability insurance.

Are you a business owner in Goldsboro, NC, and are not familiar with this term? Wayne Realty & Insurance Co Inc. is here to give you a low down on everything you need to know about this insurance.

Definition

Commercial general liability insurance protects your business against losses due to financial obligations you’re liable for. If you’ve caused property damage to another person or made an advertising injury, this is the policy to save you from incurring heavy financial losses.

The main goal of this coverage is to protect you against non-professional acts of negligence.

What Does It Cover?

If you’re found liable for certain losses, this coverage will pay for the damages on your behalf. It will also cover the costs of the lawsuit. However, like every coverage, you only get protection for up to the limits of your policy. If the policy amount is not enough to cover the loss, you’ll pay the rest from your pocket.

Commercial general liability will protect you against losses from legal liability after you’ve injured a person or caused property damage to another person. It will also include any injuries to third parties at your business premises caused by your acts of negligence.

Purchase Commercial General Liability Coverage Today

No business should assume the benefits of this coverage. It ensures that your business can survive losses resulting from third-party bodily injury and property damage claims.

If you’ve not purchased your coverage today, what are you waiting for? Wayne Realty & Insurance Co Inc. is a reliable partner in matters of insurance in Goldsboro, NC. We’ll help you through the process of buying insurance.

Contact us today, and let’s work together for your own good.

Property is one of the few purchases you can make which rarely depreciates. This makes purchasing and owning property a great investment idea. Being a property owner, however, does come with its own set of risks. At Wayne Realty & Insurance Co Inc. serving Goldsboro, NC, we want to help property owners make smart decisions to help protect their investments. Insurance is one of the best ways to protect your investments, but in order to make good insurance choices, you need good insurance information. Keep reading to find out what you need to know about property insurance. 

Why Does My Property Need Protection?

Property can always be thought of as an investment. The value of property almost always goes up over time, which is why this is a smart investment choice. However, if that property is not protected, then you could be at risk. Once you become a property owner, you are then responsible for anything which happens on that property. Certain events could leave you facing financial responsibility. 

If someone is injured on your property, any resulting medical bills would be your responsibility. If the injury turns into a legal battle, you could also be held responsible for any legal fees which result from the incident. A solid property insurance policy, however, will help protect you from these risks. If this type of event takes place, your insurance policy would kick in to pay the expenses. This spares you from this and protects you from possible financial damage. 

If you would like to learn more about our services, please contact Wayne Realty & Insurance Co Inc. serving Goldsboro, NC. We will be happy to answer your insurance questions. 

The Goldsboro, NC area is a fast-growing part of the country, which opens up a lot of opportunities for small business owners. When you are looking for ways to improve your business here, getting the right insurance coverage in place would be very beneficial. There are several situations in particular when someone would benefit from having a full commercial insurance policy. 

Those Trying to Protect Assets

A situation when someone will benefit from commercial coverage is when they want to protect their business assets. A business will acquire some different commercial assets and inventory to get the company moving in the right direction. All of these assets could be lost if you lose these items due to a fire or other type of loss.

Those Trying to Mitigate Liability Risk

It is also a good idea to get commercial coverage for your business when you want to mitigate liability risk. A business could take on a lot of liability risk on a daily basis when they complete transactions with customers. If someone gets hurt by using something they buy from you, it is possible that your business could be held liable. Fortunately, this risk can be offset if you get a proper commercial insurance policy that also includes liability insurance coverage. 

Business owners all over the Goldsboro, NC area need to make sure that they spend time assessing their insurance needs. Since choosing a policy here is such an important decision, it would be a good idea for you to call Wayne Realty & Insurance Co Inc. The insurance professionals with Wayne Realty & Insurance Co Inc. understand how important and valuable this insurance coverage is. They can then evaluate your company’s insurance needs and help you to pick an appropriate policy. 

When you have an auto and a home insurance policy, both of these come with various types of coverage included in them. This generally includes some liability protection for you. However, it’s common for these policies to include very little in liability coverage. This can be remedied by getting an umbrella insurance policy. If you don’t have enough liability insurance, call us at Wayne Realty & Insurance Co Inc. in Goldsboro, NC to talk to an agent about umbrella insurance. 

Umbrella Insurance

So many people get umbrella insurance policies because it boosts their liability coverage. It will raise your liability coverage in both your home insurance and your auto insurance. Because so many people don’t have enough liability in either of these policies, it’s a smart idea to get an umbrella policy that will boost both of them at the same time. When there is an accident and the first insurance policy, either home or auto, pays as agreed up to its maximum, your umbrella insurance policy would then kick in. It offers a maximum payout that is far higher than your standard home or auto insurance policies. 

Saving Money on Insurance

The reason that many people don’t get more liability coverage on their home and auto policies is that it’s expensive to do so. Getting an umbrella policy costs far less than upping it with those policies. Without it costing too much, you can get much more liability coverage for your own peace of mind and for your future. It can help enough that you likely won’t have to pay out of pocket after your home or auto policy is maxed out on liability.

Get Your Umbrella Coverage

If you need better liability insurance, call us at Wayne Realty & Insurance Co Inc in Goldsboro, NC to make your appointment with an agent. 

Owning real estate, equipment or other hard assets will require a big investment. For those that are in the Goldsboro, NC area, one of the best ways to protect this investment is by getting a property insurance policy. There are several benefits that come when you do get a property insurance policy. 

Protect Asset

The main reason that anyone should get a property insurance policy is that it can protect their asset. Whether you are buying real estate, equipment, or other important assets for yourself or your business, you will be making a big investment. Similar to any other investment, you should aim to protect it as well as you can. The best way to do this is by getting property insurance as it can mitigate a range of risks including fire, theft, or vandalism. 

Ensures Compliance

Another reason that you should get a property insurance policy is that it will help you remain in compliance. Most of the time, when someone needs to purchase a major asset, they will also take out a loan to finance the purchase. If you are going to finance the purchase with a loan, the lender will want you to get proper insurance as it will ultimately give them more protection as well. If you get a property insurance policy, you can ensure that you remain in compliance with these requirements.

It is clearly very important that you get a property insurance policy if you have a valuable asset. When you are looking for this insurance in Goldsboro, NC, you should call Wayne Realty & Insurance Co Inc. The main reason to call Wayne Realty & Insurance Co Inc. is that they are experienced at providing great service and insurance guidance to their customers. This ensures that you will remain properly covered at all times.