Your Auto Insurance and the Importance of Title

By parkinsonins

When you purchase a new car it is important to remember who is on title. Banks and lessors will never let you forget when they are on title. They will even force their own (very expensive) insurance when they do not get evidence of insurance from you, but a co-signer may not know that they…

Our Evolving Vehicle Code

By parkinsonins

Recently on a soccer road trip to the central coast I received a speeding ticket. My first ticket in maybe 25 years. I opted to attend Traffic School to avoid the point on my record. A lot has changed since I was first licensed in 1973. I learned that you no longer hold the steering…

Earthquake Loss Assessment Coverage

By parkinsonins

Earthquake Loss Assessment is a coverage that is typically associated with Condominiums and Townhouses. The building portion of a condominium or townhouse is usually insured by the homeowners association (HOA). The contents and improvements of each unit are insured by the unit owner. An earthquake loss assessment would be the result of damage to the…

Parking Lots

By parkinsonins

We all drive through parking lots daily, but how often do we stop and think about the painted lines we drive over. Parking lots are designed and painted to have a specific traffic flow. The intent is to facilitate the orderly and safe movement of cars through the parking lot. Now, how many times have…

Uber and Your Personal Auto Policy

By parkinsonins

Many people today are looking for a way to make extra money. Uber has offered many of them a solution. This is a very attractive solution for many college students. You work your own hours and you are your own boss. Perfect. What you may not realize is that your personal auto policy specifically excludes…

What is Replacement Cost Extension?

By parkinsonins

Before the 1994 Northridge Earthquake most insurance companies in the state of California offered Guaranteed Home Replacement Cost coverage. This meant that if certain conditions were satisfied, your home would be rebuilt (using materials that were of like kind and quality), no matter what the cost was. If your home was insured for $250,000. 00,…