Blogs and Resources - LA Insurance

It's not mandatory to have gap insurance if you have full coverage. However, if your car is leased or financed, lenders may recommend carrying gap insurance along with a full coverage policy. A full coverage policy is usually required by lenders, and having gap insurance with it is considered the wisest decision.

If you own a vehicle, the first thing you want to make sure that you’re covered in most situations. That’s why you may think of getting a full coverage auto insurance policy, as its name kind of implies “full protection”. However, is it really possible to get coverage that protects you and your vehicle from all risks? The answer is no. Then, what is considered full coverage car insurance, and what does it really cover?

When you’re starting an insurance business, you have two major options; either to start as an independent agency or to join an insurance franchise. Both are viable options, but it depends on your business goals, budget, resources, and overall opportunities to determine which option is the best choice for your insurance agency.