July 26, 2017
AgencyCalifornia Low Cost Auto Insurance
About California’s Low Cost Automobile Insurance Program California Law requires that all drivers of vehicles within the State maintain evidence of financial responsibility. California’s Low Cost Automobile Program (CLCA) was established by the Legislature in 1999 and exists pursuant to California Insurance Code Section 11629.7 as a program designed to provide income eligible persons with […]
July 13, 2017
AgencyCyber Liability Insurance
Risk managers and business owners face increasingly serious information technology challenges. Regardless of business size, most companies report that they suffer at least one significant data breach yearly. They also share that they have been victimized by computer related vandalism (including denial of service attacks where operations are jammed). Further, these problems tend to trigger […]
July 4, 2017
AgencyUmbrella Coverage – Part 2
In part 2, we continue our discussion of how umbrella policies work. Umbrella vs. Excess Coverage A traditional umbrella offers broader protection, supplementing primary policies and handling a variety of other, less common losses. For instance, you may have to go to court after being accused of slandering another person. The liability section of your […]
July 4, 2017
AgencyUmbrella Coverage – Part 1
Let’s say you have a policy for your home and your family’s cars. You have just the right policy for the apartment you rent out to others as well as coverage for your boating excursions. Your homeowner’s policy even has a special, added protection for the business that your spouse runs out of your home. […]
June 26, 2017
AgencyPersonal Auto Coverage – Part 2
This is the second part of our discussion of typical auto insurance coverages. Please be sure to see part 1 of this article Cars are expensive to buy and repair, providing great reasons for protecting them. If you borrowed money to buy your car, or if you leased the vehicle, the lender or leasing company […]
June 26, 2017
AgencyPersonal Auto Coverage – Part 1
Most state financial responsibility laws require proof that you are able to pay for any damage or injury you may cause while driving. Auto insurance is the way that most people comply with these laws. Typically compliance only takes liability insurance at some minimal limit that varies by state. Liability coverage includes the following: Bodily […]
June 16, 2017
AgencyVacant Buildings
Vacancy Provision Under a commercial property policy, coverage is significantly different for buildings that are vacant for extended periods. Usually, certain types of coverage are completely eliminated during the vacancy. Insurance companies are interested in protecting ongoing businesses and premiums are based upon active occupancy. Continued, full coverage may be provided, but that is only […]
June 5, 2017
AgencyYoung Driver Safety Agreement
My Driver Safety Agreement Driving is a privilege that I may lose by violating this agreement. This privilege may be suspended for other reasons such as (but not limited to) unsatisfactory school grades and violations of family trust. I will obey any curfews or restrictions imposed by my driver’s license. I will obey all traffic […]
May 25, 2017
AgencyIs your car worth less than your loan amount?
Currently, car loans may last as long as four to six years and leases are becoming more expensive. Whether your vehicle is a coupe, sedan, van, sports utility vehicle, hybrid, or truck, your vehicle’s value will depreciate very quickly. A rapid loss of actual value accompanied by a longer loan obligation spells trouble. It isn’t […]
May 16, 2017
AgencyControlling Car Insurance
You may be frustrated with car insurance premiums and factors that cause increases, such as: Your insurance company’s overall loss experience (due to more claims) The increased value of newer model cars, particularly SUVs and models with smart car features Increases in judgment amounts awarded in auto lawsuits Increased business processing and administrative expenses Auto […]