March 16, 2014 in General
Dave Ramsey and the value of an independent agent.
Still Skeptical if using an independent agent is in your best interest?
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February 6, 2014 in General
No matter where you are in your career, Farmers has an entry point.
You can start from scratch and build an agency, or leverage your business savvy and buy an existing business.
We recommend buying an agency for candidates with backgrounds in insurance, entrepreneurship, or both. You’ll need a strong understanding of all aspects of business, and should be willing to invest significant capital into purchasing an existing agency.
For candidates with a strong entrepreneurial drive who have little insurance experience or less capital to invest, we recommend building an agency. You’d be expected to invest some capital as you grow, and Farmers will contribute additional funds up front to help you get on your feet.
January 17, 2014 in General
Personal lines of insurance, such as auto and home, are staples for many of today’s individuals and families. This is because, without the help of insurance, the cost of repairs or replacements can be detrimental to a family’s bank account. However, there’s a fine line when it comes to insurance. You throw away money if you’re over-insured and you may get stuck with exorbitant out-of-pocket expenses if you’re under-insured. So how much is just right?
October 15, 2013 in General
This week, Shannon Morris, our Licenced Agency Manager, shares with you why is a Personal Insurance Review (PIR) important.
Many of our clients don’t feel that a Personal Insurance Review is necessary. They don’t want to take time from their busy lives to come to the office and review their coverage. Many of the clients that Pat and I have taken over recently haven’t had a PIR in several years. Here are some items we’ve recently discovered by meeting with our clients.
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4 Reasons You Must Have A Personal Insurance Review (PIR) with Your Agent
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September 12, 2013 in General
Chelsey L., Monterey, CA: What is an SR22? Do I need one?
A SR22 is a court ordered document that gets filed with the DMV. Basically, it’s the DMV’s way of tracking whether or not you are keeping continuos insurance coverage. If you file a SR22 and your policy cancels, the DMV is notified right away and you most likely will be fined.
Most of the time you are required to carry a SR22 when you have a DUI or have been caught driving without insurance. Although, there are some rare cases where people are required to have one for reasons unrelated to any traffic violations.
September 11, 2013 in General
Mark E., Santa Fe, CA: What is the State minimum requirements for car insurance? What does that cover?
The State minimum requirements are $15,000 per person, $30,000 per accident for bodily injury . You also have $5,000 for any property damage. The State minimum is called Liability coverage. What this covers is any damage that YOU cause to another. You would have to pay out of pocket to cover any damage you caused to your own vehicle.
Still have questions? Call us and speak with a live agent today 310-425-8000
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ASK AN AGENT: What is the State minimum requirements for car insurance?
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August 15, 2013 in General
Melanie H. Hermosa Beach, CA: I have a comprehensive and collision deductible, do I still need Uninsured Motorist Protection?
The way Uninsured Motorist Protection works is if anyone were to cause damage to your car without insurance you would be covered up to $30,000 (or higher, depending on your limits) for bodily injury and your deductible would get waved. As in, you wouldn’t have to pay it!
If you don’t have Uninsured Motorist Protection and someone hits you without insurance, you would pay your deductible and your company would cover the rest (up to your limits). If you don’t have a comprehensive or collision deductible, then you would have to pay out of pocket (yikes!) for the damage.
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ASK AN AGENT: Do I need Uninsured Motorist Protection?
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