California Insurance Guru

How high should your liability insurance be?  That’s a wide open question, but one that needs to be seriously addressed. You can’t expect to answer this question without the advise of an insurance professional.  There are many things to take into consideration. Identify your assets and liabilities. Identify your funds to protect those assets.

Yesterday, I wrote a new auto insurance policy for someone.   I did nothing out of the ordinary as I asked all the same questions I ask everyone when writing a policy.  An insurance agent has to ask the same questions and follow the same procedures when writing insurance policies, this is known as compliance.  My […]

A prospect wanted to start a car insurance policy.  I asked him if he was the registered owner of the vehicle to be insured.  He replied that he was, but that his father is also listed as a co-owner.  I asked him why his father is listed as a co-owner and he told me thats how it […]

There are all kinds of insurance. There are policies for cars, motorcycles, homes, life and health insurance. I will primarily discuss personal lines insurance. There is also insurance offered for business and more. Is it important to have insurance? Thats a wide open question. We have a need to insure against a liability and to protect […]

The end of the year is upon us and that means a new year is to begin.  There have been no changes in the minimum car or motorcycle insurance requirements for California.  The requirements are as follows: $15,000 per person and $30,000 per accident for liability. $5,000 for liability property damage. Other coverage that you will […]

Thats right, you read the title.  California drivers are required to have liability insurance.   How important is car insurance?  Well, its right up there with food.  If you don’t have car insurance, you can’t get to work, the store, the doctor or anywhere.  If you can’t get to work, you don’t have a pay-check to […]

Your policy covers you anywhere in the United States.  But, there may be differences from state to state.  If you are staying in another state for a long period of time, say 3 months or more, you may want to change your insurance.  The determining factor is, where is my permanent residence?  What determines your […]

Yes, no, maybe.  If you listed an excluded driver on your policy, there is no coverage for that person if they drive your car.  If the person you are loaning your car to is not excluded, there should be coverage.  Again, you need to talk to your agent to discuss your policy coverage and limitations.  Anyone living in your […]

The following are the minumum legal requirements for getting auto insurance in California: · Minimum bodily injury liability per person in an accident: $15,000 · Minimum bodily injury liability per accident: $30,000 · Minimum liability for property damage in an accident: $5,000 · Uninsured motorist coverage is NOT required · California is NOT a “no-fault” state