Damage License Property Damage 
The Property Insurance Law Observer
MARCH 20, 2025
Consequently, the plaintiff was not entitled to indemnity for damage to the property it purported to insure under a commercial property insurance policy. [1] The restaurant property was owned by another company, which was a separate entity with common ownership by the same individuals who owned the business.
TGS
MARCH 4, 2025
10,000 in Property Damage Liability (PDL): Pays for damage you cause to someone elses property in an accident. Heres what you could face: Fines and Fees: A first offense can result in a fine of up to $500, plus additional reinstatement fees to get your license and registration back.
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Boyle Agency Insurance
FEBRUARY 3, 2025
It provides coverage for property damage and theft of building materials during the renovation process. Hire Licensed Contractors: Ensure that contractors and workers are licensed and insured to minimize liability risks. This coverage safeguards your investment from unexpected setbacks.
Freeway Insurance
JANUARY 3, 2025
million licensed drivers, meaning approximately 4.7 On January 1, 2025, California raised its minimum liability insurance requirements, nearly doubling the mandatory coverage for bodily injury and property damage. According to the California Department of Motor Vehicles (DMV), California has around 27.65 1, 2025 is here.
TGS
DECEMBER 2, 2024
Property Damage Liability (PDL): $10,000 minimum to cover damage you cause to another person’s property. License and Registration Suspension : If you’re caught driving without insurance, your driver’s license, registration, and license plates could be suspended. Here’s where things can get sticky.
TGS
NOVEMBER 1, 2024
Avoid standing in the middle of the road or putting yourself in harm’s way while assessing the damage. In many states, you’re required to file a police report for accidents that involve injuries or significant property damage. Plus, having a police report on file can help you later when dealing with insurance claims.
TGS
OCTOBER 10, 2023
Classic car insurance starts with the minimum liability requirements established by your state (for both property damage and bodily injury ). At TGS Insurance, our team of licensed agents is here for you. These policies are customized to fit the needs of your vehicle, so no two policies will be the same.
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