Insuring Salvage Title Autos: Important Facts for Auto Owners

auto insurance for salvage title

When a vehicle gets a salvage title, it means it’s seen better days, often due to significant damage or theft. This label affects everything from auto insurance to resale value, presenting a set of unique challenges and considerations for owners. Understanding the implications of a salvage title is crucial for anyone considering buying or insuring such a vehicle. Understanding What a Salvage Title Means A salvage title is assigned to a vehicle that has been deemed a total loss by insurance companies due to damage or theft. This designation occurs…

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What Types of Insurance Do Storage Companies Need?

what insurance does storage companies want

Storage companies provide a valuable service to individuals and businesses alike, offering a safe and secure place to store belongings. However, like any business, storage companies are exposed to a variety of risks. From fires and floods to theft and vandalism, there are many things that can go wrong and damage the property stored in their facilities. That’s why it’s important for storage companies to have the right insurance in place. Insurance can help storage companies avoid losing money if something bad happens. By having the right insurance coverage, storage…

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Protecting Your Flatbed Trailer: A Comprehensive Guide

insurance for flatbed trailer

A Flatbed trailer is an invaluable assets in various industries, from construction to transportation. Protecting your flatbed trailer is not only a matter of safeguarding your investment but also ensuring the smooth operation of your business. This article provides essential tips and insights on how to protect your flatbed trailer from theft, damage, and other potential risks. Secure Adequate Insurance Coverage: Securing the right insurance coverage is a fundamental step in protecting your flatbed trailer. Different policies offer varying degrees of protection, so it’s crucial to understand your options. Consider…

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California Insurance Commissioner Lara announces consumer protection appointments

California Insurance commissioner Ricardo Lara

Five reappointments were announced at COIN, and one was announced at the CAARP Advisory Committee. California Insurance Commissioner Ricardo Lara recently announced a string of appointments made statewide in his office’s pursuit of consumer protection improvements. There were five reappointments to the California Organized Investment Network (COIN) Advisory Board and one was made to the California Automobile Assigned Risk Plan (CAARP) Advisory Committee. Lara has been placing a substantial spotlight on consumer protection activities by his Department. “Protecting consumers and addressing inequality are top priorities for our Department,” said Insurance…

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Types of Car Insurance Coverage in the U.S.

Car insurance plans, unlike health insurance, consist of various categories of coverage, each of which has a unique set of fees and benefits. Because drivers can typically choose different coverage amounts for various elements, it’s crucial to understand which types of insurance are appropriate for you. Types of Insurance Coverage 101 Before diving in and selecting an insurance coverage plan, you have to ask yourself some questions: How can you know which option to go for? Is it a legal requirement in your state to have coverage? Is there a…

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