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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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Understanding Multi-Family Property Insurance in California.

Jackson & Jackson

. “Understanding Multi-Family Property Insurance” Commercial property insurance is a vital safeguard for property owners, protecting their assets against various risks. It covers property damage, loss of income, liability claims, etc.

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Save Money on Small Business Insurance in California

Jackson & Jackson

Small business insurance covers property damage, liability claims, and employee-related risks. Obtain quotes from multiple insurers, comparing their coverage options, limits, and deductibles. Don’t forget to take advantage of any tax deductions available for your business insurance premiums.

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Contingent Bodily Injury from Cyber Attacks: What You Need to Know

ProWriters

But if they did, they would have highly severe consequences, including property damage, injury, and loss of life. They could all also have financially devastating liability consequences that standard Property and General Liability policies may not cover. All the examples we’ve discussed have a low probability of occurring.

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A Comprehensive Overview of Surety Bonds

Distinguished

In return for premium payments, the insurer agrees to compensate the insured for losses suffered due to specified risks, such as property damage or liability claims. Property and Liability products are distributed through a national network of agents and brokers.

Claim 52
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Landlord insurance cover and other FAQs

Cover4LetProperty

If the property you let is a House in Multiple Occupation (HMO) , though, you need to meet certain criteria that are less relevant to your competence as a landlord, but rather that you are a “fit and proper” person. You might also want to consult a letting agent about a realistic rent for the property you are offering.