Umbrella Insurance Laws in California

Umbrella insurance is a unique type of plan in California that can help work as additional coverage for various policies, including home and auto insurance. If you find a quality plan, you may even be able to take advantage of coverage that is not included in standard liability policies. If you’re looking for umbrella insurance in Pismo Beach, CA, be sure to contact us at Neff & Associates Insurance Services Inc to learn more. 

Currently, California does not require you to obtain umbrella insurance. As a result, the only laws applicable to this kind of insurance in the state apply to most individual insurance policies. 

When looking for an umbrella insurance policy in California, you’ll want to consider the following factors:

  • Minimums: Most California insurance companies require you to attain a minimum amount of coverage in an umbrella policy. For example, you may need a minimum of $400,000 for home insurance or $250,000 for auto insurance. It all depends on your California location and the plan type you want to complement.
  • Coverage: Umbrella insurance policies usually provide broad coverage. This generally includes property damage, lawsuits, and personal liability in California. 
  • Limits: In California, umbrella coverage can go above $5 million in coverage. Just remember that the limits you want will directly impact the cost of your policy.  
  • Global Coverage: Most California policies offer limited coverage for accidents that happen outside of the United States. 

Remember, even though it may not be required by California law, having an umbrella insurance policy could offer a great deal of protection against claims or lawsuits. And remember, if you’re looking for umbrella insurance in Pismo Beach, CA, contact us at Neff & Associates Insurance Services Inc today!

The Importance of Comprehensive Auto Insurance: What You Need to Know

There are several types of auto insurance coverage, including liability, comprehensive, and collision. It’s essential to understand which kinds of coverage you have and which ones are required so you don’t end up putting yourself or your vehicle at risk. If you’re in the Pismo Beach, CA area, Neff & Associates Insurance Services Inc can help you find the right coverage today.

Understand Your Auto Coverage

Most people understand that they need liability coverage and that it’s required by law. They may also be aware that having a lienholder on the vehicle means they need to have collision coverage. But what is comprehensive, and what does it protect you from? This coverage is often called "fire, theft, and glass breakage." It’s a step up from the standard liability but doesn’t include the protection that collision insurance offers.

To decide if you need or want this coverage on your vehicle, working with an insurance agent can help. That way, you can get the information you need to make a knowledgeable decision about protecting your vehicle. You don’t want to be without the required coverage, and in most cases, there is value in having additional protective measures on an essential asset like your car, truck, or SUV. There are also different deductible and level options to choose from.

If you’re unsure whether comprehensive auto insurance is something you should have, let Neff & Associates Insurance Services Inc talk you through everything this coverage level offers and what you can expect from it. We want vehicle owners throughout the Pismo Beach, CA area to be protected and feel confident they’re taking good care of their vehicles. Reach out to us today for the vehicle insurance information you need.