FAQs

Do I save money if I put my automobile and my homeowners together with the same company?

Yes, most companies allow up to 15% discounts on both your home and auto.

Do I have to have Workers Compensation insurance if I have a business?

Yes, Workers Compensation insurance is mandated by the state of California to protect your employees from injury and your business from suit for not treating employee injuries. There are severe fines and penalties for not providing it.
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Do I have to buy health insurance for my employees?

No, Health Insurance is optional for employees unless you buy it for some employees and not for others. When you purchase it, it must be for all full time employees who are eligible.
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Can I deduct all Insurance premiums as a business expense?

Yes, Insurance premiums are a deductible business expense, except for life insurance premiums. You should not deduct Life Insurance premiums unless you want to lose your tax free death benefit.
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Are there mandatory Automobile coverage's?

Yes, the State of California mandates that you carry basic bodily injury liability coverage of $15.000.00 per person and $30.000.00 per accident and 5,000.00 property damages. Other automobile coverage's such as physical damages (fire and theft) and uninsured motorist are not mandatory
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How much Insurance should I carry on my home?

Valuing a home is a fine art not an exact science. You should look at rebuilding cost, market cost, and your equity in your home
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How much Life Insurance should I carry?

Most planners suggest you carry 5 times your annual income plus the total of all your debts including home mortgages and autos to protect your family in case of your death.
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your inland empire
insurance agency

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your inland empire insurance agency

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FAQs

your inland empire
insurance agency