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Pethel Insurance Group

2622 Dale Earnhardt Blvd
Kannapolis, NC 28083

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Options Allow You To Save Money on Your Auto Insurance Coverage

Auto insurance can be confusing. Many types of coverage are available at different price points, which can make it difficult to choose the right one for you. At Pethel Insurance Group in Kannapolis, NC, we can answer your questions about the different levels of coverage available for your auto insurance.

Levels of Auto Insurance

Auto insurance is available in many tiers, the first being liability coverage, in an amount that is generally required and set by the state in which you live. States may also require coverage for personal injury, medical costs, and uninsured motorists. Collision insurance pays for the cost of repairs to your vehicle as a result of an accident. Comprehensive covers a wide range of perils that can occur and generally adds to your insurance premium.

New car replacement coverage will provide reimbursement for a new car if your vehicle damage is deemed a total loss rather than just for the current value of your car. Other benefits may be included in an auto policy, such as towing coverage or rental car coverage when you cannot use your damaged vehicle. 

Choosing the Right Level Can Save You Money on Auto Coverage

Options such as increasing the deductible you pay before coverage begins can help to lower your auto insurance payment. You may also choose to omit comprehensive insurance from your policy, which can help to lower premiums. Your insurance agent can offer advice on what types of coverage are optional and which types are required by law.

We Are Here To Help

Our experienced agents can explain the many levels of coverage that are available for your vehicle. Contact Pethel Insurance Group in Kannapolis, NC today for a no-obligation on auto insurance that fits your needs.

How workers comp insurance can protect both your business and your employees

As a business owner in the Kannapolis, NC area, you have the responsibility of protecting yourself and your employees from any harm or financial loss. One way to do this is by investing in workers’ compensation insurance from Pethel Insurance Group. 

Why This Vital Coverage?

Workers comp insurance provides coverage for medical costs and lost wages if an employee is injured while on the job. It also covers expenses related to rehabilitation and death benefits should an employee die as a result of a workplace accident or illness. With this type of insurance, injured employees can regain their health and return to work with minimal disruption to your business operations.

In addition, workers comp insurance can provide businesses with legal protection against claims from employees who allege that their injury was caused by the negligence of someone else. This type of coverage also helps reduce the risk of costly litigation that could arise from workplace injuries or illnesses due to employer negligence.

Overall, workers’ compensation insurance is an important investment for any business owner who wants to protect themselves and their employees from financial loss related to workplace accidents or illnesses. Not only does it provide peace of mind, but it can also help limit potential liabilities that may arise in such situations.

We Can Help!

For more information or to find a policy that can keep you and your employees covered, give us at Pethel Insurance Group a call today. We are proud to serve the greater Kannapolis, NC area and would be happy to help you find a policy that meets both your needs and your budget. So give us a call today! Both you and your employees will sleep better knowing that you are covered.

Home Insurance for First-Time Buyers

Buying a home is an exciting milestone, but it also comes with a lot of responsibilities. One of the most important is protecting your investment with the right insurance policy. As a first-time homebuyer in Kannapolis, NC, you may not be familiar with the ins and outs of home insurance.

That’s where Pethel Insurance Group comes in – we’re here to provide you with the guidance and support you need to make informed decisions about your coverage. Here are some essential things to know about home insurance as a first-time buyer.

Types of Coverage

There are several types of coverage that are typically included in a standard homeowners insurance policy:

  • Dwelling coverage: This covers the physical structure of your home and any attached structures, like a garage or deck.
  • Personal property coverage: This covers the belongings inside your home, like furniture, clothing, and electronics.
  • Liability coverage: This covers you if someone is injured on your property or if you accidentally damage someone else’s property.
  • Additional living expenses coverage: This covers the cost of temporary housing and other expenses if you’re unable to live in your home due to a covered loss.

Factors to Consider

When selecting a home insurance policy, there are several factors to consider:

  • Deductible: This is the amount you’ll pay out of pocket before your insurance kicks in. Choosing a higher deductible can lower your premium, but you’ll need to pay more if you file a claim.
  • Limits: This is the maximum amount your insurance company will pay out for a covered loss. 
  • Endorsements: These are additional coverages to protect against specific risks, like floods or earthquakes.
  • Credit score: Your credit score can impact your premium.
  • Location: Your home’s location can impact your premium, as some areas may be at higher risk for certain types of damage.

Contact Pethel Insurance Group Today

Navigating the world of home insurance can be daunting, but it’s an essential step for any first-time homebuyer in Kannapolis NC. Contact us today to learn more about our services and how we can help you protect your new home.

When is it a good idea to get renters’ insurance in North Carolina?

Renting a home continues to be a good housing option for those in Kannapolis, NC. When you are a renter here, you will have the flexibility to move at the end of each lease term and will have reduced maintenance requirements. If you do rent a home in this part of North Carolina, getting the right insurance is a necessity. It is a good idea to get a renters’ insurance plan in a few situations. 

When Signing a Lease

One situation when having a renters’ insurance plan is when you are signing a lease. It is very important that you comply with a lease as much as possible. One provision that many property owners will have is the requirement for you to carry renters’ insurance. If this is a requirement, it could invalidate the agreement or put you into default if you are not able to provide evidence of coverage. 

When Looking for Financial Protection

If you are going to rent a home, you are going to take on some different financial risks. This can include the risk that your personal items will be damaged or stolen or that an accident occurs you are deemed liable for. If you are able to get a proper renters’ insurance plan, it will offer financial protection against these types of risks. 

Reach Out To Us

When you are looking to improve your insurance position in the Kannapolis, NC area, getting a renters’ insurance plan is a good option. When you are looking for this coverage here, calling our team at the Pethel Insurance Group is a great idea. Our professionals with the Pethel Insurance Group can offer any support that you need to build a plan that will meet your needs and ensure you are appropriately protected. 

Understanding Motorcycle Insurance: Coverage Options and Requirements

Motorcycle insurance is a type of insurance that provides financial protection for motorcycle owners in the event of an accident, theft, or other damages to the bike. Motorcycle insurance is a legal requirement in many areas, so the team at Pethel Insurance Group has put together some easy resources so you can understand what it covers and the options available for you in the Kannapolis, NC area. 

What Does Motorcycle Insurance Cover?

Liability coverage is the minimum requirement for motorcycle insurance in most areas. It covers the cost of damages or injuries to other people in the event of an accident that you’re liable for. This includes things like medical bills, property damage, and legal fees.

Collision coverage covers damages to your motorcycle in the event of an accident. This includes repairs or replacement costs if you’re at fault for the accident or if the other driver is uninsured or underinsured.

Comprehensive coverage provides protection for non-accident-related damages to your motorcycle, such as theft, vandalism, or weather damage.

Additional Coverage Options to Consider for Motorcycle Insurance

Additional coverage options to consider include medical payments coverage, which covers medical expenses for you and your passenger in the event of an accident, as well as roadside assistance, which provides help if your motorcycle breaks down or needs repairs while on the road.

When choosing a motorcycle insurance policy, it’s essential to consider your specific needs and driving habits. Factors that affect your rates include your driving record, the value of your motorcycle, the type of motorcycle you own, and the location where you ride.

Reach Out To Us

At our Pethel Insurance Group, serving the Kannapolis, NC area, we offer a range of motorcycle insurance options to ensure that you have the coverage you need. Our experienced agents can help you navigate the different coverage options and requirements to find the policy for your needs. Contact us today to learn more about our motorcycle insurance options. 

The Two Main Types of Life Insurance

When you know that you need life insurance to help your loved ones after you’re gone, it’s a good idea to know about the two main types so that you can choose the right type of policy for you. Each type has its own pros and cons, and both work very differently from each other. When you need life insurance, you can call us at Pethel Insurance Group in Kannapolis, NC to find out more.

The Two Main Types of Life Insurance

Whole Life Insurance Policies

Whole life is named the way it is because it offers protection for your whole life. The coverage never expires, and it covers you even in your older years. This type of policy pays a death benefit upon the death of the policyholder, but it also has another benefit.

During the policyholder’s lifetime, the whole life policy will build up a value over time which is its cash value. This is an amount that the policyholder can borrow just in case they should ever need to. This is paid back as any other loan. It can help families that have a financial emergency and need that help to get out of it. 

Term Life Insurance Policies

These life insurance policies have an expiration date that allows the policy to stay in place for a certain number of years. After that term has ended, the policy expires, and you will need to get a brand new policy to cover you.

There is also no cash value that builds up on these policies. However, they cost much less than whole life policies. This low price allows a lot of people to fit life insurance into their budgets that wouldn’t be able to otherwise.

Get Life Insurance Coverage

When you need to get a life insurance policy, call us at Pethel Insurance Group in Kannapolis, NC. 

What auto coverage beyond basic you should consider

In the state of North Carolina, the basic amount of auto insurance that you are required to carry is 30/60/25. It is strictly liability coverage to protect other drivers from you. At Pethel Insurance Group in Kannapolis, NC, we have been providing the residents of this part of North Carolina with personalized service for more than 15 years. 

Auto Insurance: Beyond The Basic 

Comprehensive coverage

Comprehensive auto insurance is frequently referred to as non-collision coverage. With this coverage, no other vehicle is involved but, lots of other things are like theft and vandalism. It covers most weather-related damage and also large animals like dear. 

Collision coverage

Collision coverage covers your vehicle if it is in an accident and sustains damage. It can be because you are responsible for the accident, are the victim of a hit-and-run, or you have a single-car collision with something other than another vehicle. 

Full glass coverage

Full glass overage is a must, it covers your windshield and all the windows in your vehicle. With this coverage, your vehicle can be repaired without having to pay a deductible, and in many cases, the repair can be done at your home or even at your job. 

Gap coverage

When you purchase a new car, you may have a large auto loan. As soon as you drive out of the dealership, your vehicle has a lot less value than it did. You may find if you have an accident at this time and total your vehicle, the amount the insurance values for your vehicle is less than what you owe. This insurance coverage covers the gap between what the insurance company values your vehicle and what you have to pay back.

Give us a call

Contact Pethel Insurance Group in Kannapolis, NC when it is time to talk about changing your auto insurance. 

What commercial insurance covers

Commercial insurance is designed to cover the costs of damages or losses that are incurred as a result of certain business activities. In other words, it protects your business from financial loss due to things like property damage and liability claims. Pethel Insurance Group, serving the Kannapolis, NC community, is here to assist with this vital coverage.

There are several different types of commercial insurance available, each with its own specific purpose.

Some common examples include:

Property insurance

This type of coverage protects your business against losses related to physical assets such as buildings, equipment, and inventory. It may also provide protection for assets that are temporarily away from your premises, like vehicles being used for company errands.

Liability insurance

If someone suffers an injury or incurs property damage while on your premises or using your products or services, liability insurance covers the cost of any legal action that may be taken against you.

Workers’ compensation insurance

In most states, employers are legally required to carry workers’ compensation coverage for all employees. This type of policy provides financial protection if an employee is injured or becomes ill as a result of their job, and it also helps to cover associated medical bills and lost wages.

Ultimately, the right commercial insurance plan depends on your company’s unique needs and risks. When choosing a policy, it’s important to work with an experienced agent who can help you evaluate your options and find the right coverage at a competitive price.

Contact Us Today

The benefits of investing in commercial insurance cannot be overstated – it can protect your business from major financial losses. For more information about commercial insurance, give us at Pethel Insurance Group a call today. We proudly serve the Kannapolis, NC area. 

What every new homeowner needs to know about home insurance

Buying a new home is stressful. Choosing your home insurance shouldn’t be. Buying home insurance gives you the peace of mind that you require. At Pethel Insurance Group in Kannapolis, NC, we are an independent insurance agency dedicated to making sure our customers have the right insurance for their personal needs. 

What every new homeowner needs to know about home insurance

Home insurance has exclusions

As good as home insurance is at protecting you and your home, it just won’t cover everything that could go wrong. The exclusions are clearly outlined in your policy, which makes actually reading your home insurance policy vital. Exclusions include wear and tear, owner neglect, earth movement, and floods. Knowing these exclusions allows you to make other arrangements for coverage. 

Certain coverage has limits

Another good reason to read your policy thoroughly is that certain types of items have limited coverage. Your jewelry, antiques, electronics, and other things are not covered after the limit is reached. They can, however, be extended with a rider. 

You have choices when it comes to content coverage

If you own a lot of things that you probably would not want to replace, getting replacement coverage is probably a good choice. If you love what you have and want to replace it, the current value is a better option. 

You can extend your coverage with riders

Riders or endorsements can provide additional coverage beyond what your traditional home policy includes. It can give your sewer backup coverage, and extend the coverage you have on your jewelry and electronics. 

You choose your deductible and liability coverage

You have options when it comes to the amount of liability insurance that you have and also the dollar amount of your deductible. You can customize your policy. 

Get The Right Coverage Today

Contact Pethel Insurance Group in Kannapolis, NC before you choose your home insurance coverage. 

Thinking about renting a place in Kannapolis? Be sure to get a renter’s policy!

Pethel Insurance Group is here to help all residents of Kannapolis, NC with their insurance needs. This includes renters too! If you are looking to move into a new place, don’t forget to secure your renter’s policy! Give us a call when you’re ready to learn more about the renters’ policies that are available in our area.

Don’t forget to get a renter’s policy for your new place

Moving can be a stressful undertaking for many people. There are a lot of changes to manage, and things to take care of both at your old and new places. As hectic as everything may seem during a move, it’s important not to overlook the need for renter’s insurance.

 A good renter’s policy will protect the personal belongings that you have in your rental unit. This means that if loss or damage occurs due to a covered event, your policy will provide protection. Your landlord will also have an insurance policy in place, but this will cover their interests and any losses that occur to the building itself. Don’t rely on your landlord’s policy because it will not provide any protection for your personal items.

When selecting your policy, be sure to confirm the maximum coverage amount for a single item so that you have the coverage you need. With a robust policy in place, you can relax knowing that your items are protected.

Call or stop by today!

Before you move into your new place in the Kannapolis, NC area, be sure to get in touch with the team at Pethel Insurance Group. We can review your insurance needs and help you find a renter’s policy that will be the right fit. Contact our office today and find out more.