Why Should You Increase Your Life Insurance Amount After Each Child You Have?

Here at Kale Insurance, serving the greater Lincoln, NC area, we recommend increasing the amount of your life insurance policy after the birth of each new child in your home. This is a standard recommendation made by most insurance companies. However, many people wonder why it is recommended that they increase their life insurance policy amount after the birth of each new child. Here are a few of the reasons why. 

Your Household Expenses Increase With Every New Child

One of the reasons why your life insurance policy should increase after the birth of a new child is because your household expenses increase when a new child is added to your family. Another person living in your home causes your water and power bills to increase. You also have to feed and clothe this new child. As such, your household expenses increase. If you were to pass away, these expenses would be passed on to your spouse. If your life insurance policy didn’t increase after the birth, there might not be enough money to provide for all of the members of your household comfortably. 

Your Future Expenses Increase With the Birth of a New Child

The second reason why your life insurance policy should increase after the birth of a child is that your future expenses may now be higher thanks to the new child. Do you plan on sending your children to college or paying for their weddings? If you haven’t increased your policy limits after each birth, there may not be enough money to provide for these events in the future if you pass away. As such, increasing the limits is important, so your kids have everything you dream of providing for them, even if you pass away. 

If you have recently added a new child to your household, but have yet to increase your life insurance amount, now is the perfect time to do so. Contact Kale Insurance, serving the greater Lincoln, NC area today and let us help you determine what amount of insurance you need. Reach out to our agents for more information.

Do I Have to Buy Home Insurance?

While there is no law or regulation on the books in Lincoln, NC that requires you to purchase home insurance, when you take into consideration all the risks of home ownership, your agent at Kale Insurance recommends that you consider it essential when buying a home for your family.

Your Mortgage Company will Probably Require Insurance

If you financed the purchase of your home, it is likely that your bank will require you to buy a home insurance policy.  They want to ensure, if you should ever default on the loan, that the property maintained its value and the bank would be able to recoup their loss.

Home Insurance also offers Protection Against Liability

However, your insurance policy doesn’t just pay for a new roof when a hurricane blows through town; it also protects your wallet when somebody is injured on your property. Even a broken ankle can be expensive when somebody falls down the icy front steps of your home after a seasonal storm. Your home insurance policy can take care of those medical bills without tapping into your savings accounts.

It’s Your Biggest Investment

Just like your bank, you sank a big chunk of your wealth into the house. While paying a relatively low bill each year, if your home suffers significant damage due to fire, vandalism, or other natural catastrophes, you will be able to afford to fix it. While it is called home insurance, it helps you make sure that you can continue to save for retirement and the kids’ college even when disaster strikes.

So, while there is no law on the books, it is still a smart idea to get a home insurance policy for your Lincoln, NC property from Kale Insurance. Give our friendly agents a call today and try our online rating tool for a quote.

How to Use Commercial Insurance

Owning a business is something of a real pleasure and privilege. That being said, it can also be a terrible burden that leaves you very stressed and hoping for answers. For those that do own a business, it is important to have the right insurance to help protect you and your business so that you can make the most of the work that you put in. For those that live in the Lincoln, NC area, the agents with Kale Insurance can help you find the right policy to protect all aspects of your business.

Uses of Commercial Insurance

So how do you use a commercial insurance policy? For starters, you want to make sure you evaluate the entire value of your business, the building, the inventory, how much liability insurance you want to take out, and how much coverage you want for your employees. Getting a commercial policy together should not take forever but it should certainly take longer than filling out an online form for car insurance.

You want to be as specific as possible with commercial insurance so that you are not caught in any loopholes that leave you lacking coverage. In most cases, your business is going to be a great deal of your income and a large investment, and you want to make sure it is covered as fully as possible. Take the time to talk with an agent and to really delve into the specifics of your business so that you can be sure you are fully covered.

Your business is a huge part of your life and protecting it is essential. For those in the Lincoln, NC area, the agents with Kale Insurance can help you create the perfect policy. Work with our agents to plan out your commercial insurance and find out what benefits it can bring to your business.

Can I still get life insurance if I have health problems?

When you are searching for a health insurance policy in Vale, Denver, or Lincoln, NC, you probably have a lot of questions about how much it will cost and what kind of protection will be provided through Kale Insurance. If you don’t qualify for a government subsidy, you will need to purchase outright a policy which provides full coverage.

Health Risks

In the past, health insurance providers were allowed to charge more or even deny coverage altogether if people had health problems. Pre-existing conditions like high blood pressure, asthma, or even cancer could be a bar to someone receiving health insurance.

Starting in 2014, anyone with a pre-existing condition must be treated the same way as someone who has no known health problems. This means that people cannot be discriminated against because of their health, so they will be able to afford medical care.

Many insurance companies do offer incentives to both healthy people and people who have health problems. With all this said, an insurer is unlikely to deny you life insurance because of your health. There may be stricter rules to the policies, but you can still obtain term, whole, or universal insurance. Speaking with an agent about your problems while looking for a policy can benefit you in many ways and allow the agents to help find you a policy to fit your needs.

For high-quality insurance, call Kale Insurance in Lincoln, NC today and talk to one of our friendly representatives. We can work with you to provide a life insurance policy to protect you and your loved ones from the financial struggles that come with an untimely passing.

5 Tips for Winterizing Your Home

While your Vale or Lincolnton, NC home will likely not have to face the brunt of a blizzard, winter weather will bring blustery storms, pelting rain, and icing situations. Kale Insurance, a provider of reliable home insurance, recommends taking a few simple steps to ensure your most valuable investment can outlast everything that mother nature has up her sleeve. 

1. Trim Your Trees: Cracked and dangling limbs can become airborne during high winds, knocking down fences and denting your car. Remove dying branches also helps the living tree survive through the cold months.

2. Check Your Shingles: While snow and ice aren’t common in your neighborhood, a heavy rain followed by a freeze can lift up loose roof shingles and open a path into your home. A small bag of nails will help your roof last another year while preventing water from entering your home.

3. Replace Broken Glass: Cracked windows offer no insulation from winter’s cold or even next summer’s heat. They are also a welcome sign to vandals and thieves. Fix up those broken panes to create a more secure home that is also more energy efficient.

4. Fix the Garage Door: There is no better place to protect your car from hail, ice, and snow than a cozy garage. But you probably won’t use yours if the door is stuck or dangling from a broken track. For a small amount of money and some hard work, you can protect your daily transportation and avoid the headache of replacing it after severe weather damages the roof and windshield.

5. Replace Your Lightbulbs: Let your neighbors know you are home by replacing the blown bulbs on your front door, over the garage, and by the kitchen entrance.

For more tips on keeping your budget on track and updates on your Vale or Lincolnton, NC home insurance policy, give us a call at Kale Insurance and make an appointment with your friendly agent today. Also, try our online rating tool for quotes on home insurance.

Opening Day Approaches: Are You Prepared?

It takes an incredible amount of work to prepare for opening day. The team at Kale Insurance is here to remind you that you will make it through, even if the unexpected arises. Business owners and investors around Lincolnton, NC must get to know their market to reach out effectively. Having a solid business plan and the people in place to implement the plan is one key to a successful opening day.

Location Considerations

Find a real estate agent that understands your priorities. The property must be large enough to handle the size of the facilities and parking for the opening day and beyond. It’s a good idea to have a plan B for parking during community events or grand openings. Can the roads support the traffic as-is, or will turn lanes be necessary? When customers can come and go with ease, they are more likely to return. 

Are your (t)s crossed and your (i)s dotted?

Whether it is a new business or a new location for an established business, having the proper licensing is crucial to protecting your business. Make sure you can rightfully sell the product or provide the service by obtaining the proper copyrights or patents. The building itself can be a liability if it is not up to code, so be sure the contractor is on top of things.

Do you have any last minute insurance questions?

Businesses in and around Lincolnton, NC can count on the commercial insurance expertise of the team at Kale Insurance. Ask us about liability coverage for defective products and workers’ compensation insurance to protect your workforce. We can help make sure property coverage limits will allow your business to recover and rebuild if necessary. Insurance coverage is as important on opening day as it is throughout the life of your business. Talk with our agents to learn more.




Helping Your Family Manage Their Life Insurance Payout

When your family collects on your life insurance policy, for many of them it’s going to be more money than they’ve ever had to manage at once. That money can be tremendously helpful for your sister who has to pay off her home loan, for your grandson who needs money for college, or even your spouse who relied on your income to survive. With money comes challenges, difficult decisions, and if you’re not used to managing money, you’re not likely to manage it well.

One way to ensure that the policy you get through Kale Insurance is handled properly is by signing up for a package that includes investment planning. The downside to this is that your beneficiaries will have to pay taxes on the gains and the interest, whereas a simple cash payout is tax-free. Plus, you will need to pay someone to manage these investments. Be that as it may, putting the money into savings accounts, stocks, and other investments, and paying your beneficiaries an allowance, rather than a single cash payout, will ensure that the money is not simply burnt through within a year of payout.

Furthermore, you can place certain restrictions on access to the money. You can instruct your attorney to only pay out for emergencies, for business startup costs, college loans and things of that nature.

If someone in the family is good with money, if you have a sister-in-law or a cousin who turned a small loan into local Lincolnton, NC business empire, they may be your best bet for handling the money in a way that will continue to pay off for the family.

Ideally, you want to provide your family with wealth that will continue to accrue over the years, not just a few extra bucks to get them through the funeral expenses and so on. You have a lot of options for ensuring that your money is well-managed, but it will take some planning.

Talk with our agents at Kale Insurance in Lincolnton, NC to learn more about life insurance and how a policy can benefit you.

How Home Renovation Changes Your Insurance Needs

The warm weather months make a popular time for home renovations and improvements in Denver, Vale, or even Lincolnton, NC. Although, you may need additional insurance during the renovation process. It is also important to consult with your insurance agent after completing renovations. Talk with an agent at Kale Insurance to adjust your policy to fit the needs of your home.

Before You Start

You’re about to increase the value of your home. That means you need to increase your coverage so you can make repairs or replace items should disaster strike. The good news is that some home renovations result in less costly insurance. While you’re interviewing contractors, check their insurance for appropriate coverage. If their coverage isn’t suitable or you decide to do it yourself, you’ll need an umbrella policy. A contractor should carry liability and worker’s compensation insurance, at a minimum.

During the Renovation

Double check your contractor’s insurance. Also, check the insurance of any sub-contractors brought onto the project. They need to carry appropriate insurance, too. One important consideration is if their policy covers supplies and uninstalled finished products for the job. If not, you’ll need coverage for the carpet, tiles, light fixtures, lumber, nails, etc. that is used on your project. If it is on your property, it needs coverage.

After Completion

Before you break out the champagne to celebrate, make sure your renovations meet local code requirements. Local code enforcement will inspect the work. Without approval, your insurance may not cover a future loss. Next, meet with your agent. They may want to tour the renovation. If you added to your original planned work, they might suggest additional coverage. 

Updating your insurance before you begin a renovation project keeps your home, its contents, and your bottom line safer. Contact Kale Insurance of Lincoln, NC to obtain proper coverage before you drive in a single nail. We want to provide you with security so that you can enjoy your remodeled abode with peace of mind.

How to Determine Your Commercial Insurance Coverage Needs

As an owner of any size business in the Lincoln, NC area, commercial insurance coverage is essential. Sometimes referred to as general liability insurance, it protects the assets of your company in the event of an injury, property damage, and certain legal situations.

With the help of a Kale Insurance agent, you can determine your business’s commercial insurance coverage needs. During this process, you need to consider a few important factors.

Type of Business

Depending on the type of business, the perceived risk associated with it will vary. For example, a business environment that encounters more hazards has a large number of employees, or inexperienced workers will have a greater potential for accidents and will need higher insurance coverage.

Property Value

The value of your business property can be determined by either the actual cash value or the replacement cost. While the actual cash value of your property may have experienced depreciation, the replacement cost is the amount you would need to replace anything that was no longer useable. As the market changes, it is important to reassess these values yearly to ensure your business’s commercial insurance coverage continues to be sufficient.

Risks Involved

As a business owner, you need to determine the risk you are willing to take on. In the event of an injury or property damage, how much out-of-pocket expense can your company afford? While higher deductibles and lower coverage amounts may save you money on your premiums right now, it could end up costing you and your business a lot more in the long run.

If you are a business owner in the Lincoln, NC area, contact Kale Insurance today. An agent will help you determine your commercial insurance coverage needs and ensure that your business is adequately protected.

Great Auto Insurance Is Like Eating Your Vegetables- and Liking Them With Kale Insurance

Serving the Lincoln, NC area and the surrounding areas, Kale Insurance is the super food for you and your automotive insurance needs. Once you have the right fit in a comprehensive insurance policy, you will learn that you can ingest, or take care of, your insurance needs and like it too.

Great insurance is not a difficult task. It needs to be appropriate and comprehensive to fit your needs.    

Insurance is Not Something We Want to Consider

We don’t want to consider insurance until it is absolutely necessary. Just like eating your vegetables is taking care of your body, taking care of your insurance needs is like taking good care of your lifestyle. No matter what happens out on the road, having a great insurance policy gives you a sense of freedom. Financial protection does not have to be a concern – you know you are protected.

Car insurance acquisition is a pre-requisite to getting on the road. In most jurisdictions, insurance must be in place before you can legally register your vehicle with the Department of Motor Vehicles. In this way, insurance is akin to how many people tackle the vegetables on their plate. If you are not a fan of veggies, but you know you have to eat them, get them out of the way by eating them first.

Delve in and clean your plate. Speak with a car insurance agent today at Kale Insurance to find out how to expand your policy or acquire a new one. You would not want to be stopped by law enforcement without the proper credentials to ensure your safety and the safety of others on the road. Insurance is good for you. Call today at 702-732-4646 or stop into our office in Lincoln, NC to speak directly with a knowledgeable agent.