Archive | Auto Insurance

Get a Golf Cart to Get Around Town

Forget the latest hybrid or electric car if you want efficiency—trends throughout the Sun Belt and Southern communities are showing that the golf cart is the next big thing, for the young and old alike. In planned communities of sprawling acreage, a golf cart is perfect for a quick run to the store, to drop the kids at a friends house or, of course, to head to the golf course. Continue Reading →

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What To Do After a Hit and Run Accident

We don’t like to think we could be the victim of a hit and run accident; but if so, it’s best to be prepared. Hit and run accidents are a big (and growing) problem in California, specifically in Los Angeles, where 20,000 incidents are reported annually. So, if you become one of those 20,000 victims of a hit and run, keep these rules in mind: it will help you stay safe, and to more accurately report the incident to your insurance company. Continue Reading →

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Guest Blog: 5 Things Parents Should Know Before Co-signing For Their Child

This week we have a guest post from Todd Trip, one of our trusted colleagues from the wealth management industry. Todd works for MST Financial Wealth Management in Newport Beach, and you can read more about him here. At BMR Insurance, we felt his recent article about what to know before co-signing for your child was one that needed to be shared. Before you pick up that pen, read the following:

Considering co-signing for your child? A recent survey by showed that one in six adults say they’ve co-signed a loan or credit card for someone else—most often to help a child or stepchild buy a car.  Continue Reading →

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Can a Dealer Sell a Used Car on Recall?

Buying a used car can be a hassle. If you’re buying through a private seller, you need to get your car checked out by a mechanic, and that takes time and costs money. You may think it’s easier, safer, and more reliable to buy a used car from a dealership, especially when they have a “certified pre-owned” used car program.

But does that mean it’s perfect? Everything’s fixed and ready to drive off the lot? Not necessarily. You might be surprised to see a car on a dealer’s used car lot, check the CarFax and find that it’s on an open recall for the replacement of a Takata air bag inflator. Continue Reading →

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Insurance for a Rental Car on Vacation

Say you were trying to rent a car to explore the lesser known little French villages, foraging for croissants and other delectable goodies. Are you insured? Good question.

Navigating bureaucratic processes is complicated enough in the US– but in another country? It’s almost enough to make you give up.

Most countries, including Japan, Israel, and Jamaica, have specific requirements for American drivers when it comes to insurance. Unfortunately, these aren’t usually met by your general travel insurance coverage. Instead, renters usually end up paying double (or triple!) their original fee. If you are renting a car abroad, one of the most important points on your pre-departure check-list will be coordinating with your travel insurance agent, to find out what coverage you have, and what you can do to avoid any surprise fees. Continue Reading →

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Teaching a Teenager to Drive

When you are 16 years old and getting your license, the world seems to open up before you, into a new kind of freedom. For a parent, it can be more than a little terrifying– watching your son or daughter take off into traffic, full of dangers and potential crashes. However, as a parent who is required to drive 40-50 hours with your teen before they get their license, you have the potential to positively and effectively teach your child good habits that go beyond vehicle handling. Continue Reading →

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What is “Acts of God” Insurance?

These trees are not your friends…if they fall and cause damage.

For this post, we’ll start with a trivia question:

Which of these circumstances would be covered by insurance as an “act of God”? (Read to the end to find your answer!)

  1. Lighting striking and burning down multiple houses
  2. Fire set by an arsonist

Sometimes as much as you can try to prepare for the unpreparable, natural disasters– so-called “acts of God”– strike us unawares and unprepared. Fire, lightning, floods, and earthquakes– all might strike at a moments notice, and leave us with a crushed roof or burned down home. A Louisiana court (a state faced with its fair share of natural disasters) gave this definition of an act of God: Continue Reading →

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Damaged Windshield: Repair or Replace?

Broken and Shattered Windshield Pane

Is it just you or has that tiny chip in your windshield grown into a crack which has fingers reaching all the way over to the driver’s side? No, it’s not just you– chips from pebbles, sand, and other sources of impact can become big problems within no time. The windshield is a part of a car’s entire structural support, so damages need to be taken seriously. But when do we replace the windshield, and when do we repair it? Continue Reading →

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Should You Lease or Buy a Car?

Couple getting car keys from seller

Will your next car be leased? Or are you looking to buy a car? The question of whether to lease or buy when financing your next car is less about financial means, and more about driver preferences, priorities, and habits. We have plenty of good things to say about both options, so you can’t really go wrong!

Your choice might be different from one different stage of life to another– for example, a daily commuter would probably be better off buying, considering the typical 12,000 per year mileage limit on leased cars. What’s the basic difference between the two options? With a leased vehicle, you pay only for the depreciation of the car during the years leased, versus paying for the entire cost when buying. Continue Reading →

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Should You Offer Employees a Company Car?

company car

A suave lawyer leaps out of the firm’s company town car to close a case; a woman in an debonair suit meets a prospective client, saying, “we can just take the company car”. Yes, it seems glamorous and overdone on daytime television, but you have to admit– company cars offer another level of prestige. As a small business, it may seem an extravagance, and often is. But, if within the company budget, a company car can yield great results in regard to customer perception and employee retention.

But where does one start? The Company Car one-stop-shop? Not exactly. There are numerous elements to consider when on the market for a company car: from buying to handling policies of company car use. Continue Reading →

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