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Driving Without Insurance in Florida

TGS

10,000 in Property Damage Liability (PDL): Pays for damage you cause to someone elses property in an accident. This often comes with higher premiums. The state mandates that all registered vehicles carry minimum auto insurance coverage as the Florida Financial Responsibility Law outlines.

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Big Changes Ahead for California Auto Insurance: Senate Bill 1107 and What It Means for Agents

American Agents Alliance

The legislation, effective January 1, 2025, will increase the current minimum of $15,000 per claimant and $30,000 per occurrence for bodily injury, and $5,000 for property damage (15/30/5), to $30,000 per claimant, $60,000 per occurrence for bodily injury, and $15,000 for property damage (30/60/15).

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Protect Your Finances: The Truth About Small Insurance Claims

Shield Insurance Agency

Small Insurance Claims Can Raise Premiums Small insurance claims, such as those for minor property damage, may seem like a hassle to deal with. Many policyholders may be tempted to file a claim for every little incident in the belief that their insurance policy will cover all damages.

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Navigating Commercial Property Insurance: A Guide for New Investors in California

Jackson & Jackson

Key Coverages for California Property Investors Property Damage : Covers damage to your buildings and contents caused by fire, theft, vandalism, and natural disasters. Liability Protection : Protects against claims of property damage or personal injury caused by you or your operations.

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North Carolina New Minimum Auto Insurance Requirements 2025

TGS

Will These Changes Impact Insurance Premiums? Yes, raising minimum coverage requirements is likely to result in higher premiums for drivers. Why Are the Minimum Limits Increasing? Insurers will need to adjust rates to accommodate the increased coverage levels.

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Tips for Buying Home Insurance

Bankers Insurance

Even among typical homeowners policies, premiums likely increased year over year. Coupled with the significant property damages caused by the aforementioned natural disasters, these price increases make claims submitted by policyholders who must repair or rebuild their homes considerably more expensive. Reduce liability risks.

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How to Read Homeowners Insurance Quotes

TGS

This proposed estimate can change in price as your agent works to refine your quote so that it’s curated to suit your unique coverage needs. A lot of factors go into calculating your home insurance premium. Total Premium 11. This number is sometimes helpful when consulting with your insurance agent, as well.