When talking with a potential new client about auto insurance, I typically hear the words “full-coverage”. Many consumers are under the assumption that if they have full-coverage that they are really fully covered. If you are at fault in a traffic collision, most of the time there will be a law suit. We do live in CA. where everyone is so sue happy. Let’s face it, if you are going to get sued, you are going to be sued BIG; attorneys do not sue just a little. The average automobile law-suit in CA. is around $200,000. So let’s say you have 15/30 bodily injury coverage and you are sued for $100,000. Your insurance carrier will write a check for the $15,000 and wash their hands that point. Who do you think they will come after for the remaining $85,000? YOU!!! They will come after your assets, equity in your home and even garnish your paycheck up to 25%. So did full-coverage help in this scenario? If your current Insurance Agent is not having these types of discussion with you, perhaps it’s time to find another agent.
California officials have mapped a new stretch of an earthquake fault through northeast Los Angeles — a fault that could cause major damage in the heart of the metro area.
The Raymond fault has long been known as a potentially dangerous fault for Los Angeles and the San Gabriel Valley, and caused the magnitude-4.9 Pasadena earthquake in 1988, said Tim Dawson, senior engineering geologist with the California Geological Survey.
But it’s a fault that can pack a punch. That 1988 earthquake literally threw seismologist Lucy Jones out of bed. “The wave was coming up at me,” Jones recently recalled. “It was the most scared I have been in earthquake shaking.”
And it’s capable of a much worse earthquake. It could cause an earthquake as large as a magnitude 7. The Raymond fault runs from northeast L.A. through South Pasadena, Pasadena, San Marino, Arcadia, Monrovia and the unincorporated area of East Pasadena. For stretches, the fault runs alongside parts of Eagle Rock, York and Huntington boulevards, and under a stretch of the 110 Freeway in South Pasadena.
If you’re like most, you are tired of paying too much for insurance. On top of that when you contact your carrier, you get lost in the press 1 for this and that or you end up going through an endless maze of voice mail menus; only to wind up with a live person that makes you explain all over again why you are calling when the voice mail prompts asks you the purpose of the call. Sound Familiar? At Friendly Guy Insurance, we take a different approach. Our agency philosophy is that every client should be treated like a friend, not a policy number. Our expertise is personal lines insurance. This means we offer personal coverage for Home Insurance, Auto Insurance, Life Insurance, Motorcycle Insurance, RV Insurance, Renters Insurance, Boat Insurance, Earthquake and Flood Insurance. We also offer Classic Car Insurance. Call now and start saving today!