Maybe you are a contractor, a plumber, an electrician, a painter, a locksmith or a gardiner. Maybe you are a one man (or woman) show and you hop into your truck or van each day and off you go. Or, maybe you own a large plumbing company with employees and multiple vehicles. Or, maybe your CPA, Tax Attorney, Brother-In-Law or other trusted advisor told you to register your personal vehicle in the name of your business for tax or other purposes.

Now, I won't ask you all to raise your hands, but answer this question to yourselves. "Is your vehicle that you use for business on your personal auto insurance policy?" I'm sure many of you are nodding or uncomfortably looking around the room. Now, those of you, and you know who you are, who answered in the affermative, I have an additional question for you. Suppose you are at a client's house, in the middle of a remodel and need to bring in those custom made cabinets from your truck. If you accidentally shatter your client's glass sliding door bringing the cabinets inside, who is going to pay for that? Well, your personal auto policy offers no coverage for that. But, your commercial auto policy would.

Let me give another example. Let's say you are Paul the Painter and you are a one man show and you use your pick-up truck for work. You have two other vehicles that you wouldn't dream of getting paint or paint supplies near that are simply your personal cars. You've got a personal auto insurance policy that covers all three vehicles. Now, let's see what could happen to you, Mr. Paul the Painter.

You get up in the morning, shower, have breakfast, hugs and kisses to the family and you are out the door to your first job of the day. You stop by the paint store to pick up the colors you need and various brushes and supplies that you are going to need for the day. On the way from the paint store to your first client's house, something catches your eye and you look away from the road for a moment. *POW* Doing the right thing, as you always try to do, you immediately pull over and see what you hit. Unfortunately, in that split second, little Johnny and his mother were crossing the street and you hit them. The ambulance arrives and carts them off to the hospital where you later find out that mom is ok, but sadly, Little Johnny is going to be wheelchair bound for the rest of his life.

Of course, you put the claim in under your auto insurance policy and prepare for a long claims process. Unfortunately, you have a false sense of security that while all of the events leading up to this point were horrific on Little Johnny, his mother and yourself, you feel confident that your personal auto insurance policy will pay the claim.

Well, during one of the interviews, your claims adjuster asks where you were going and where you were coming from when the accident happened. You honestly explain that you are a painter, were at the paint store and was subsequently off to your client's house. Guess what? Your personal auto policy specifically excludes losses that happen during the course of business. Why is that? Because that is what a commercial auto policy is for. We will go over the different coverages available on each policy and why it is imperative to have the proper policy for the proper vehicle/use in just a moment.

Needless to say, your claim is denied and now you have to go through the litigation expenses on your own. You may have to sell your home, your business, drain your own child's college fund or perhaps even declare bankruptcy in this case. Paul, we want you to avoid this catastrophe on top of a catastrophe.

So, that was the unfortunate tale of Paul the Painter, who did not have the right type of policy. Here at Goldhammer Insurance Services, we want to help the Pauls of California avoid his fate.

On a much lighter note, let's go over how your commercial auto insurance policy works and the major coverages provided therein.

The following coverages will be similar to those on a personal auto insurance policy:

1. Liability - In the case of Paul the Painter, if he had a commercial auto insurance policy for his truck, the liability portion of the policy would pay up to the policy limits for the associated medical bills, lawsuit settlements, etc. The liability coverage pays "the other guy".
Now, here is a major difference between a personal auto policy and a commercial auto policy. Included in the liability coverage on a commercial auto insurance policy is a coverage called "Loading & Unloading". On your personal car insurance, if you injure someone or damage property while loading up your truck or unloading it, there would generally be no coverage. However, on your commercial auto insurance policy, your liability coverage would extend further to offer coverage in this scenario.

2. Uninsured Motorist - If, for example, you are involved in an accident that is determined to be "the other guy's" fault, and he does not have insurance, your uninsured motorist coverage would pay you what you would have collected had the other guy had insurance.

3. Comprehensive and Collision coverage - These are the coverages that are available to fix any physical damage to your vehicle in the event of a covered loss. As on a personal auto policy, your collision coverage covers accidents involving actually colliding with something. Comprehensive coverage covers incidents that are other than collision. Fire, theft, vandalism hitting an animal, etc would all be covered under your comprehensive coverage.

Ok, everyone still with me? Good. There'll be punch and cookies at the end. Now, the following are the coverages offered on a commercial auto insurance policy that are not offered under a personal auto insurance policy.

1. Employer's non-ownership liability - Ok, let's say Paul the Painter has his commercial auto policy in force. Paul has a part-time employee who helps him with some jobs, but mostly runs errands such as dropping off the daily deposit at the bank. So, let's say Paul's employee, Franz, is going to the bank one day and hits Bobby Bicyclist in the parking lot. Bobby could sue Franz, and when it comes out that Franz was running an errand for his employer, Bobby could sue Paul as well. This employer's non-ownership liability coverage would protect Paul's interests. Otherwise, poor Paul could find himself in the same financial situation as he did when he accidentally hit Johnny and his mother and had the wrong type of policy for his truck!

2. Hired auto - Paul won a bidding war for a huge painting job and realizes he's going to need to rent a couple of more trucks and hire a few more employees for this job. Are those rented trucks covered under his policy? YES! The hired auto coverage can be set up in such a way that those rented trucks are insured the same as if they were owned by Paul.

3. Drive other car - Ok, let's give Paul a break for now. I have a good friend Greg the gardiner. Greg is a single guy and the only vehicle he owns is his work truck. He has it properly insured on a commercial auto policy. If Greg goes on a road trip with his buddies and they rent a car, Greg's commercial auto policy would cover him driving another car, as long as he had this coverage.

Hopefully, getting through all of that was relatively painless...well for everyone except Johnny and his mom. In any event, those are the major points to cover in our commercial auto policy and the reasons to properly insure vehicles commercially as opposed to on a personal policy if they are used for commercial use.

As always, if you have a question, would like a quote or simply have a comment, please do not hesitate to email us at allcaliforniainsurance@gmail.com, leave a comment in the space provided, give us a ring at 1 800 947 8887, or come on by the office at 21820 Burbank Blvd #226 Woodland Hills, CA 91367.

And remember, when you are sick and tired of the sledgehammer sales approach, come to Goldhammer Insurance where you are always in good hands with our white glove treatment.

Gain more knowledge regarding debt consolidation, cash loans, and information on bankruptcy. Reports of the end of bankruptcy as a debt relief option have been overstated. Debt can be paid and in some cases a business can still remain in operation. Normally at the end of the three years, the debt is written off, and the bankrupt person is discharged. Not every debt may be discharged under every chapter of the Code. Try to reduce your expenses and stop incurring new debt is wise information on bankruptcy.

Bankruptcy Law is Federal Law, and recent changes in federal bankruptcy law went into affect October 17, 2005. It's had been in the works for years and finally has been signed into law. Does the new bankruptcy law prevent many older consumers from filing bankruptcy one could ask? Where can I find information on Alternatives to Court? Should I go bankrupt now or wait until bankruptcy law changes? Well, no, the law is not going to change in quit some time now. Understanding the law can really help you protect your rights. One station addresses family law and another provides information about employment law, and so on.

Bankruptcy is one of the alternatives for financial distress. There's no magic solution: you either pay the debt or try other alternatives. There are alternatives for solving your debt problems though. Debt consolidation loans are one way of dropping your monthly payment. And a good one I might add. The problem with bankruptcy is your status after filing. Your credit could be severely damaged in about seven years after your bankruptcy. More detailed information on bankruptcy is available online, and there are many excellent sources of information on bankruptcy where you can get vital and valuable advice. Get on the web now, and find your information on bankruptcy

Filing Bankruptcy in Augusta, GA, Can Improve Your Financial Situation

Many people believe that filing bankruptcy in Augusta, GA, will cause them to lose ownership of all their possessions. This is a common misconception and one that should be dispelled. The fact of the matter is that filing for bankruptcy can sometimes improve debtors' financial situations without causing them to lose any of their assets.

First of all, there are two common ways to file for bankruptcy

Have you ever heard of someone filing under Chapter 11 of US bankruptcy law? That means you are totally broke and engaged in a last ditch effort for survival. You have reached the bottom of the barrel. In the 11th chapter of the book of John we find that Lazarus was really dead. They prayed, sent messages and waited for Jesus to come heal him but by the time he got there, Lazarus was four days dead leaving two grieving sisters and a big crowd of mourners had gathered at their home.This is a typical Christian setting where people pray and hope something will happen but it seems Jesus is always away when they most need him! Do you perhaps think the Lord is too late to assist you today? Jesus is ready to help you today!

When Jesus finally appeared Martha said "Master, if you'd been here, my brother wouldn't have died" (John 11:21 MSG). This was a very serious allegation but was it true? In Luke 7, we find the account of a centurion whose servant was sick and this is what he said when Jesus offered to visit his home and heal the servant "I am not even worthy to come and meet You. Just say the word from where You are, and my servant will be healed." (Luke 7:7 NLT).Great!

It follows that Jesus can sort out our problem right here and now, today. This is what he told Martha "You don't have to wait for the End. I am, right now, Resurrection and Life. The one who believes in me, even though he or she dies, will live". (John 11:25 MSG). Rather than defend his reputation, Jesus clarified that he is life and resurrection; always on time, never too late.

Eventually, Martha said "Yes, Master. All along I have believed that you are the Messiah, the Son of God who comes into the world." (John 11:27 MSG). Do you realize this was a very profound statement? It was the very same confession that Peter had made in Matthew 16:16. God had revealed to her the secret of who Jesus really was. This is the key to the Kingdom of God that opens any door and removes any barriers! But before he could explain this to her as he did with Peter, Martha left him there and rushed to call her sister. Now, we really need to learn to be still in the presence of Jesus if we want to get out of tough situations. Some patience and courtesy could help, what do you say?

Jesus did not move from that spot. Lazarus remained dead. The sisters were still grieving. I see that someone can stay in a hopeless chapter 11 situation for too long at no fault of Jesus! Remember that what we are discussing here is all too typical in ordinary peoples' lives. As a matter of fact, the bible says early on that Jesus was a friend to this family. But that sure was not helping much! The Lord stood there until Martha came back with her sister Mary. Thank God she came back!

It was a tough situation in that place. You would have thought people would be so glad to see Jesus but all they were doing is complain about dead Lazarus. One can say that Jesus finally got fed up with the entire goings on and said:
"Remove the stone." The sister of the dead man, Martha, said, "Master, by this time there's a stench. He's been dead four days!" (John 11:39 MSG).

That was a simple set of instructions, right? Jesus did not tell them to raise Lazarus or do some other difficult task. He asked they do something to demonstrate their faith in him. When they obeyed, Lazarus was finally raised from the dead.

To rise up in faith and turnaround a tough situation, we need to observe the following:-
1. Receive Jesus as a both a friend and the Messiah, son of the living God.
2. Believe like the centurion that Jesus is able to help even though we cannot see him. This is walking by faith.
3. Keep our eyes and ears on the Lord only and obey his instructions

Then we will see our situation change dramatically for better. "That was a turnaround for many of the Jews who were with Mary. They saw what Jesus did, and believed in him." (John 11:45 MSG)