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Inflation, increased cost of building materials and labor costs have caused construction costs to rise.
Quite simply, it costs more to build and furnish property today than it did just a few years ago. We
suggest coverage along with a periodic review of your building, equipment, and contents values and
a corresponding increase in insurance to reflect current replacement values. Nearly all insurance
policies contain co-insurance. Under this provision you may find yourself sharing in the claim costs
incurred (after the deductible is met) according to a specific formula if your property values are not
kept up with current costs. This co-pay can have significant negative consequences at the time of
a loss

We highly recommend that you sit down with one of our experienced account executives to discuss
the specific needs, after which we will provide a detailed insurance strategy and quote for your
business.


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"My experience with Standard Insurance has been nothing
less than wonderful. If I could
give them a grade, they would
certainly receive an A."

John J. Ferebee, Owner

Ferebee Properties
Rocky Mount, NC



The abbreviated outlines of
coverages used throughout
this website are not intended
to express any legal opinion
as to the nature of coverage.
They are only visuals to a
basic understanding of
coverages. Please read your
policy for specific details of
coverages.


     

We are a United States company. We are licensed to sell Business Insurance in the following states: NC, SC, VA, GA, FL, PA, IN, MD
We are licensed to sell Personal Insurance in the following states: NC, SC, VA

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