Another short term extension for the National Flood Insurance Program
October 4th, 2011
We just received notice from the Insurance Journal Online that the House of Representatives has passed legislation that will keep the federal flood insurance program going at least until November 18, 2011.
The House and Senate are currently working on legislation that would extend the program for five years and make needed reforms to the program. The House passed its version of the legislation in July and the Senate Committee on Banking has passed a version. But the bill must still be consider...
Auto
The State of California mandates that all vehicles on the road are covered by an automobile liability insurance policy, but sometimes that alone may not be enough. Your Van Beurden Insurance Sales Associate can help you have the right amount of insurance coverage – and that can help prevent you from suffering a large financial loss in the event of an automobile accident.
The limits required in California are not very extensive. The minimum coverage required is commonly referred to as “15-30-5.” It means that $15,000 is the amount of physical injury liability protection required on a “per person” basis, $30,000 is the total in the event of multiple injured parties and $5,000 is the coverage if any property was damaged in that accident.
We’ve all heard the stories of California drivers who are surprised to find themselves personally responsible for damages above their own policy limits. That’s why you should consider purchasing liability insurance with higher limits than just the minimum required by law. With the ever-increasing cost of hospitalization, medical care, and car repair, it may be well worth considering higher limits of coverage. Your Van Beurden Insurance Sales Associate can show that the difference in price is not usually significant.
