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Tarheel Insurance Group

201 N Front St
Suite 915
Wilmington, NC 28401

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Confused About Home Insurance? Here’s Your Guide

Are you confused about home insurance, or are you buying your first policy? Please use this simple guide by Tarheel Insurance Group to understand how your policy protects your Wilmington, NC, home from serious issues.

Understand How Home Insurance Protects You 

Your home insurance policy will cover most natural disasters, accidents within the home, and theft from other individuals. However, it will NOT pay for any damage you’ve done to a home, such as damage to the walls caused by poor attempts at home repair. Typically, these policies will cover other elements associated with those three factors mentioned above, including:

  • Repairing and replacing home elements damaged by severe hail storms 
  • Fixing or replacing a home damaged or destroyed by a fire 
  • Lawsuit coverage if someone gets injured in your home due to your negligence 
  • Healthcare coverage for those injured people – but not for you if you get hurt in your home 
  • Replacement of stolen items taken from your home after your policy was made 
  • Resettlement costs or temporary housing needs while your home gets repaired 

Many policies may also cover sudden floods that are not your fault. However, leaks or other wear-and-tear problems that were due to your negligence are NOT covered. Your policy also generally pays for dog bites or pet damage, as long as you have included it within your coverage. Thankfully, you can adjust your policy as needed and extra coverage options to suit your needs. 

Ready for a Great Policy? 

Do you want a home insurance policy that makes sense for your needs? Then, please contact us at Tarheel Insurance Group right away to learn more. We serve the Wilmington, NC, area and will give you the help that you need. Our team is always waiting to help our many customers find a new policy.

Why do I need home insurance here?

The Wilmington, NC area offers a lot of advantages to residents. The strong local economy, various recreational options, and other benefits can make it a great place to own a home. If you are going to purchase a home here, you need to get insurance for it. There are several reasons why you will need to get a full home insurance policy for your North Carolina property.

Insurance is a Lender Requirement

One reason that you will need home insurance is that it is a lender requirement. Most people in North Carolina are going to take out a mortgage to buy the property. Along with the financing, you will have specific insurance requirements. To ensure that you stay in good standing, you need to understand and follow your home insurance requirements. Most of the time, your lender will need to approve your policy and will escrow for payments.

Association Requirements

Depending on where you live, you may also have requirements for home insurance set by your home association. Any association will have a set of bylaws that will include a requirement to carry home insurance at all times. If you do not have this coverage, you could find yourself in default with your association, and you could also be fined. 

As you are looking for home insurance in the Wilmington, NC area, it is important that you speak with the team at Tarheel Insurance Group. When you are looking for insurance, you could find that choosing the right policy to meet your needs is confusing. Fortunately, if you do call Tarheel Insurance Group, you can learn more about the advantages that this insurance provides. They can then help you build a new policy that ensures you comply with your obligations and get proper coverage. 

Partner Carriers

  • Allstate
  • Attune
  • Cabrillo Coastal
  • Chubb
  • Dairyland
  • Foremost
  • Geovera
  • Grange
  • Guard Insurance Group
  • Hagerty
  • Heritage
  • Kemper
  • Liberty Mutual
  • Lighthouse
  • National General
  • Nationwide
  • North Carolina Joint Underwriting Association (NCJUA)
  • Progressive