North Carolina Homeowners Insurance (Cary, NC Area)
Whether you own a house, condominium or townhouse, for most
people their home is their most important investment. Ed Moore &
Associates offers Cary, North Carolina area homeowners insurance
policies that have flexibility to meet your individual needs and above
all, provide you with the security that comes only from the knowledge
that your home is safe. Insurance for your home is one of the most
popular and important forms of personal insurance and the typical
North Carolina Homeowners Insurance policy has two main sections:
Section I - insurance coverage for your property
Section II - personal liability coverage (to cover you in case of lawsuits
arising from things that happen on your property)
Homeowners insurance is often required by lenders to obtain a
mortgage and nearly everyone, whether you own or lease property,
should have the protection of North Carolina homeowners insurance.
North Carolina Homeowners Insurance FAQ
Click on the link below to fill out a quote request form for a Cary, North Carolina area Homeowners
Insurance policy that will provide excellent insurance coverage at an affordable cost. Or you can
speak with our North Carolina Homeowners Insurance agent specialist at (919) 467-6339 to
discuss the policy features in more detail.
Covered losses under a North Carolina homeowners insurance policy can be paid on either a
replacement cost basis or on an actual cash value basis. When "actual cash value" is used, the
policy owner is entitled to the depreciated value of the damaged property. Therefore, the older the
item is, the less money you may receive for it. If you choose the "replacement cost" coverage, the
North Carolina homeowners insurance policy will reinburse the amount it costs to replace the
property with something of a similar type and quality at current prices.
Replacement Cost or Actual Cash Value
North Carolina Homeowners Insurance Policy FAQ
An "All Risks" policy provides the broadest North Carolina homeowners insurance protection
because it will cover losses that are due to any peril except those specifically excluded in the
policy. A "Named Perils" policy covers losses that are due to only those perils listed in the
standard North Carolina Homeowners Insurance policy and typically include fire, hail, windstorm,
and other physical losses.
North Carolina Homeowners Insurance Policy FAQ
All Risks or Named Perils
If your policy limit is less than 80% of the replacement cost of your home, you will face a
"coinsurance penalty," which means you'll have out-of-pocket expenses to cover costs beyond the
policy deductible you chose. For example purposes we will assume your home's estimated
replacement value (RCV) is $100,000. The co-insurance clause requires you carry at least $80,000
(80% of your RCV). If you chose to purchase only a $40,000 North Carolina Homeowners
Insurance policy you would be underinsured by half. Therefore, in the example the insurance
company would pay one-half of a loss less the policy deductible, so if you suffered a $10,000
covered loss to your house, condominium or townhouse and had a $500 deductible, your policy
would only pay $4,500.
North Carolina Homeowners Insurance Policy FAQ
Coinsurance Penalty
Personal liability in a North Carolina homeowners insurance policy is also an important part of
having security from accidents that may occur on your property. We suggest you choose coverage
limits that are not less than those on other liability insurance you own, such as car insurance.
Click on the link below to fill out a quote request form for a Cary, North Carolina area Homeowners
Insurance policy that will provide excellent insurance coverage at an affordable cost. Or you can
speak with our North Carolina Homeowners Insurance agent specialist at (919) 467-6339 to
discuss the policy features in more detail.
Personal Liability
North Carolina Homeowners Insurance Policy FAQ
Ed Moore & Associates, Inc.
103-B Kilmayne Drive
Cary, North Carolina 27511
Wake County, NC
Office: (919) 467-6339
Fax: (919) 467-6434
ED MOORE
& Associates, Inc.
Always here when you need us. Protecting
hundreds of North Carolina families and businesses.
PERSONAL INSURANCE
BUSINESS INSURANCE
Homeowners
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As an independent insurance agency we work for you.
We find the best, most affordable insurance products
from our wide range of insurance carrier options.
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options or just starting your small business, we can help.
Ed Moore & Associates, Inc.
Copyright 2011-2012, All rights reserved
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We are a Cary, NC insurance agency offering affordable North Carolina homeowners insurance
policy premiums to residents of the following towns, cities and counties in central North
Carolina: Raleigh, Morrisville, Apex, Garner, Green Level, New Hope, Neuse, Bayleaf, Falls,
Wake Forest, Forestville, Bethesda, Carpenter, Lowes Grove, Auburn, Holly Springs, Chapel
Hill, Durham, Knightdale, Macedonia, New Hill, Brentwood, McCullers, Farrington, Leesville,
Durham County, Orange County, Chatham County, and Wake County, NC.
**The information, pictures, and other content in this website about particular insurance services is only
provided for informational purposes. Any decisions regarding your insurance needs should be discussed
with a licensed insurance agent.

Please be advised that insurance coverage cannot be bound, changed or confirmed via voicemail, email,
fax or online at the agency's website. You must speak directly with a licensed insurance agent.