It usually does not pay for physical damage to the vehicle itself; that’s covered by the owner’s insurance. Although this option is sometimes available.

Whether you realize it or not, as a business owner, you at… least occasionally find yourself in situations where this coverage is needed. Errands and rental situations always come up.

Examples:

You send an employee to pick up lunch. While on a business trip, you rent a car. To impress a visiting client, you send a limo to have him picked up. An employee runs to pick up office supplies.

Coverage kicks in if there is an auto accident and you are sued.

You don’t have to own a business vehicle to have this coverage. In most situations, coverage can be added to your general liability policy.

A bonus: If you rent cars occasionally, having hired and non-owned auto liability insurance may save you money because you can avoid buying the liability coverage from the rental company. However, we always suggest you purchase collision damage waiver (CDW) protection from them.

http://www.insurevents.com/Articles/auto204.htm

Tim Gaspar is the proud owner and principal at Gaspar Insurance services. Tim started his insurance career with Marsh & Co in Los Angeles where he worked as a benefits counsel assisting people with their life and benefits insurance needs. Tim left Marsh in 2002 and joined a small independent insurance agency in Encino where he worked as a producer offering auto, home and commercial insurance. Over a period of five years, Tim built his book of business to include over 2,000 clients and in early 2008 broke off to start Gaspar Insurance Services. As of mid 2011 Gaspar Insurance Services has 10 employees and over 4,000 clients both personal and commercial.

Tim lives with his lovely wife Christina, an attorney with the Department of Justice and son Ryan in Woodland Hills. In addition to loving what he does, Tim enjoys running, mountain bike riding, music, movies and travel. Additional info includes;

- Board of Managers of the West Valley YMCA
- Member, San Fernando Valley Jaycees
- Honoree, SFV Business Journal 40 under 40 Awards 2010
- Honoree, SFV Business Journal 20 in their 20s, 2011
- Mercury Insurance Company, Silver Recipient Customer Astonishment Program

tim.gaspar@gasparinsurance.com

Do you live in one of the hundreds of thousands of condominiums in Los Angeles? Every month you probably pay a variety of fees to the HOA for the gardener, trash, maintenance, and insurance among other things. Being that the HOA is nice enough to cover you with insurance you don’t need to worry right? Think again. The insurance policy typically carried by your homeowners association covers the exterior of the building, common areas among other things but not the inside of your unit. In the event of a fire, burglary, broken pipe, or other …catastrophe it is your responsibility to cover your possessions and the interior of your unit including your kitchen, bathroom, carpet, paint, etc.

Think about what it would cost to replace your wardrobe alone in the event of a fire or the cost to stay in a hotel for two weeks if your condo had serious water damage. A condo policy is an inexpensive way to protect yourself and gain piece of mind in the process. Typically you can get a policy for between $300 to $500 a year and potentially save on your auto insurance in the process by using the same insurance company. Talk to your independent agent about what coverage is right for you and stay protected.

Save at the pump: Top 10 fuel-sipping classics
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Once that project ended, Ron decided to stay local due to family and started in the insurance business getting his license in 2000. Ron successfully ran the day to day operations of a small insurance office for 11 years. Ron is experienced in all lines of personal and commercial property and casualty insurance. In 2009, he decided to move to a more productive and competitively growing agency, Gaspar Insurance Services.

ron@gasparinsurance.com

- canada.com

Read Article Here

Chad G. Charton entered the insurance and financial services industry in 2002. He is a resident insurance producer and practices in a wide range of areas including personal insurance, commercial insurance, employee benefits consulting, life insurance planning, disability insurance and long term care planning. Chad brings a wealth of experience and knowledge to our team and his practice is driven entirely on furthering the interests of his diverse clientele. Chad has a contagious passion for our industry and thrives on providing the highest caliber of advisory services to our clients. Chad achieved a Bachelors of Science degree with a concentration in Financial Services from California State University, Northridge where he served as student body president. Chad was also honored to serve on the California Student Aid Commission, a position appointed by former Governor Arnold Schwarzenegger. Chad is a registered first degree black belt with the World Tae Kwon Do Federation and enjoys volunteering for the City of Los Angeles.

ccharton@fms3.com