LN Davis Insurance Agency Blog
View the latest blog posts from LN Davis Insurance Agency.
Monday, June 7, 2021After using essentially the same rating method to develop premiums for National Flood Insurance Program (NFIP) policies for the past 50 years, the NFIP is introducing a new rating method for policies with effective dates of October 1, 2021 and after. The planned release of the new rating method, which is being referred to as ‘Risk Rating 2. READ MORE >>
Monday, November 16, 2020An independent insurance agent is your advocate in times of need! You are our customer and we want to keep it that way by offering policy guidance and expertise in times of a claim. We also offer various insurance company options to fit your need. Do you really want to go without an agent/advocate in times of need? READ MORE >>
Thursday, March 19, 2020Dear Valued Family, Friends, and Customers, With the recent Coronavirus (COVID-19) outbreak, many of our local businesses are closing their doors to foot traffic. Restaurants and bars have been asked to only serve via carry-out or drive-thru windows. Downtown Waynesville is extremely quiet. READ MORE >>
Friday, December 7, 2018Auto insurance premiums are on the rise due to several factors.
1. More miles driven by the typical customer.
2. Legalized marijuana (in some States). In Colorado, Nevada, Oregon and Washington, where recreational marijuana is legal, collision claims frequency is about 6% higher, according to 2... READ MORE >>
Thursday, March 8, 2018 READ MORE >>
Tuesday, March 22, 2016AUTO-OWNERS INSURANCE COMPANY'S ANNUAL REPORT HIGHLIGHTS The Group’s property/casualty and life net written premiums were $5,992,924,224, up 3.3% from 2014. Auto-Owners Life Insurance Company ended the year with $34.1 billion of life insurance in force, an increase of 4.1% from 2014. READ MORE >>
Thursday, October 1, 2015WORKERS COMPENSATION INSURANCE When do you need a workers compensation insurance policy in NC? When does someone working for you need coverage? What is an independent contractor? These questions have some cut and dry answers and some are fuzzy at best. READ MORE >>
Friday, July 31, 2015Under N.C. state law the N.C. Rate Bureau sets rates based upon individual driving records via the Safe Driver Incentive Program. This program penalizes drivers with traffic convictions or at fault accidents. The N.C. legislature created the Motor Vehicle Reinsurance Facility in 1973 to create a pool to provide coverage for high risk drivers since N. READ MORE >>
Thursday, June 25, 2015IMPORTANT NEWS! Progressive Insurance Company lowered their personal auto insurance rates and we literally cut an older couples 6 month auto premium in half with full coverage on two vehicles. They also have specialized coverage for RV insurance. See below for some highlights. READ MORE >>
Thursday, March 5, 2015The N.C. Insurance Comissioner has approved a rate increase for our territory of 16.6 % effective June 1, 2015. This is the second rate increase for the homeowner line of business since last July when a 17% increase was imposed. Most homeowners will not see the full 16. READ MORE >>