If you’re a renter, you may think “Not much”… But you’re probably wrong. Between electronics and furniture, you’re likely to find your possessions are worth several thousand dollars or more, and none of them are covered by your landlord’s insurance policy. If you think, really think, about what you own, you’ll see it’s all worth … More
Getting the bare minimum of motorcycle insurance is often an unwise option. Out of 7 million
motorcycles on the roads in America, 114,000 were involved in serious accidents in 2011. Statistics
show that you are 37 times more likely to die in a motorcycle accident than an auto accident, and 9
times more likely to be injured riding than driving.
If you recently purchased or plan to but a motorcycle, moped or, even, a touring bicycle, you should
check with your insurance agent about getting a motorcycle insurance policy. These policies cover
many common areas with automobile insurance policies, but they can differ on some key points. If you
haven’t yet purchased your motorcycle and you are considering purchasing a customized or modified
bike, you should inquire with your insurance carrier whether they offer insurance policies on them.
Many insurers do not offer policies on bikes that have been modified.
Choosing the right policy for you if you need motorcycle insurance is not a quick or easy set of decisions.
The minimum required by most states is liability insurance. This type of insurance will cover any
legal awards to other injured parties, including damage to property. Some states, however, require
motorcyclists to purchase other types of insurance like comprehensive or collision. If you lease or
finance your motorcycle, the lessor or finance company may require that you purchase a collision or
comprehensive policy while you are paying off the bike.
Last week California opened its first carbon marketplace which allowed businesses to purchase permits
to release one ton of carbon into the environment for $10.09 apiece. The 23.1 million permits sold
by the California Air Resources Board was part of an initiative to curtail carbon emissions by California
businesses. The permits sold out at the opening of the market after an intense round of bidding that
raised the price by nine cents.
Starting on Black Friday, November 23, 2012, through Saturday, November 24, 2012, the 2012 Winter
Fest will be held at the Santa Monica Pier in the heart of West Los Angeles. Over 50,000 visitors are
expected over the course of the two day event, which will feature almost 100 exhibitors of fine arts,
crafts and gifts.
Employment practices liability Insurance or EPLI is an important form of coverage for employers
that shields them from the financial penalties resulting from a variety of discrimination or wrongful
termination lawsuits. This insurance is generally more critical to large or midsize firms with established
management structures, although businesses of any size may be subject to these types of lawsuits.
If you become embroiled in a lawsuit which arises from harm done to another party, you may expect
that you will have the right to choose who your defense counsel will be. If the insurance company is
expected pay the damages that may result from the case, it may surprise you that the insurer has the
right to appoint your defense attorney. In most cases this makes a great deal of sense; if the insurer will
shoulder the burden if the case is lost, they should retain the right to decide who should try the case.
If you have a business and are considering getting some form of commercial liability insurance, you
should understand that the general liability protection that most such policies provide is often not
enough for many types of professionals. Although a general liability policy will safeguard your business
from litigation arising out of bodily injury, property damage, or personal injury, a professional liability
policy will shield you from claims that result from inaccurate advice, misrepresentation, or violation of
good faith and fair dealing.
Governor Jerry Brown’s efforts to right the fiscal ship of the state were met with widespread taxpayer
approval. The ballot initiative dubbed Proposition 30 would impose a tax hike on taxpayers with an
income of $250,000 or more. The large Democratic majority and the linkage of failure to pass the
initiative with $4.8 billion cuts in school budgets virtually guaranteed the passage of the initiative. Prop
30 passed with almost 56 percent of voters supporting the measure.