California is a vast and beautiful state with a Pacific coastline that stretches more than 650 miles. With all the benefits this state has to offer, it is little wonder that one in eight Americans, nearly 40 million in all, make their homes here. Unfortunately, residents also face risks that have the potential to destroy their property and financial health. Earthquakes, wildfires, mudslides and flooding are just a few examples of hazards that affect this part of the country. Fortunately, you can protect your property, health and finances with a variety of California insurance products.
Independent agents in the Trusted Choice® network can help you find affordable policies to meet all of your insurance coverage needs. There are currently 469 Trusted Choice member agents with offices in this state, so it should be easy to find a member agent near your home or business. Find a local agent now to begin your search for the right insurance policies, and to start reviewing a variety of California insurance quotes.
There are two different kinds of insurance agents. When you seek help finding the right California insurance, you can choose to work with either a captive or an independent agent. The differences between the two are noteworthy.
All agents in the Trusted Choice network are independent, and can shop several insurance carriers to find the best policy for you at the best price.
When it comes to auto insurance, every state imposes minimum liability insurance coverage requirements on its residents. These minimums are designed to protect motorists from the potentially devastating financial losses that can result from a motor vehicle accident. In California, the liability minimums are 15/30/5. This means that your auto insurance must cover a minimum of:
While these minimums may seem high, they are actually significantly lower than the requirements in many states. An accident that results in serious injuries or death can easily exceed these coverage limits, so many California financial advisors recommend that you either purchase as much liability coverage as you can comfortably afford, or an umbrella insurance policy. Agents in the Trusted Choice network can provide you with advice about liability coverage and help you get the insurance you need at a price you can afford.
In addition to California’s required liability coverage, vehicle owners have the opportunity to purchase additional coverage for their vehicles. Optional coverage includes:
As a California homeowner, you are vulnerable to forces that may damage or destroy your home. Situated in an area of the country that is notorious for its earthquake activity, buildings in this area are particularly at risk. Other potential catastrophes such as wildfires, residential fires and mudslides have the potential to cause a total loss to your home. Fortunately, you can protect your finances and investments with a suitable California homeowners insurance policy.
Whether you need traditional homeowners insurance or a mobile home, condo or even a renters insurance policy, you will want to be sure that you are purchasing coverage that is sufficient to fully cover you in in the event of a disaster. The three main coverage components that make up a home insurance policy are:
California residents should be aware that most home insurance companies require you to purchase an additional earthquake insurance rider or even a separate earthquake insurance policy in order to be covered. Earthquake damage compensation does not come standard with a home insurance policy. Also, flood insurance is nearly always excluded from home insurance policies so, if you live in an area that is prone to flooding, you will want to be sure to purchase an NFIP-backed flood insurance policy as well.
A local agent will be able to help you find a policy that meets all of your home coverage needs.
As of 2010, there were more than 3.5 million small businesses based in California, nearly 700,000 of which included employees. If you are one of California’s many entrepreneurs, you will want to be sure to protect your business with a suitable California commercial insurance policy. Agents in the Trusted Choice network write more business insurance policies than any other brand, so you can feel comfortable turning to a local member agent for assistance with building a policy that is right for you.
A California business insurance policy can protect your small company in a number of ways. Some of the many available policy options include:
Be aware that flood damage is nearly always excluded from business insurance coverage, so you may also want to consider supplementing your policy with a business flood insurance plan through the National Flood Insurance Program, or NFIP.
On average, Californians live 80.8 years. This ranks the state 4th in the nation in terms of life expectancy. Statistically speaking, chances are very high that you will live well into your retirement age. However, an unexpected accident or medical diagnosis can sometimes cut a life short. If this happens to you, you will want to be sure that your family is left with financial security sufficient to protect them for years to come. A California life insurance policy can make this possible.
In addition to providing death benefits, some policies also accrue a cash value that you can collect at any time if the need arises. There are two basic types of life insurance you can choose from when you purchase a policy:
With the passing of the Affordable Healthcare Act, California residents who do not receive health insurance benefits through their employers will need to purchase policies on their own. There are tax incentives to do so and newly-created exchanges and marketplaces allow you to take advantage of group-rate discounts.
Prior to the passing of this Act, many people, including older residents and those who suffered from pre-existing conditions, were turned down for health insurance when they tried to buy it on the private market. If these people could find an insurance company willing to take them, the costs were often prohibitively high. This forced many Californians into bankruptcy when they found themselves facing medical bills they could not afford to pay on their own. The good news is that now, nobody can be turned away by health insurance companies, regardless of their health status.
If you are currently shopping for a California healthcare policy for yourself and your family, you probably have a lot of questions. Agents in the Trusted Choice network have answers. These agents can help you find an affordable policy that provides you with the coverage you need and can help you understand:
California experiences high seismic activity and is renowned for its many earthquakes. It is not uncommon to hear people mentioning the inevitable “Big One” that is bound to happen one day. Earthquakes can be extremely damaging, and a high-caliber quake can destroy homes, cars, businesses and other property. As a resident of the state that is home to the San Andreas Fault, you need to be sure that you have sufficient earthquake insurance.
Most homeowners insurance policies exclude coverage for earthquakes as part of their standard package. Some will enable you to purchase this coverage through an additional endorsement, but others will require you to purchase this coverage as a completely separate policy. If you are unsure about the coverage offered by your current home policy, an agent in the Trusted Choice network can help you review the fine print and determine your coverage. If you are not covered, a member agent can help you find and review a variety of California earthquake insurance policies.
Before purchasing California earthquake insurance, you should be aware that:
You can also get coverage for other property, such as cars, trucks, boats and RVs, by including comprehensive coverage in your insurance policies.
Independent insurance agents in the Trusted Choice network can help you with all of your California insurance coverage needs, whether they are personal or commercial in nature.
Member agents understand local risks and issues, are dedicated to providing you with exceptional and personalized service. Contact one of the 469 member agents in the state to learn more and start saving on California insurance today.