Basic Limits:
The minimum limits of liability that can be carried by an insured
Binder:
A legal agreement issued on behalf of insurance companies to provide temporary evidence of insurance until a policy can be issued
Bodily Injury Liability:
Coverage designed to pay claims against the insured if found at fault
in an accident causing injury or death. The minimun California state
Bodily Injury Liability requirement is currently $15,000/$30,000.
Business Auto Policy:
Auto Policy for businesses that includes auto liability and auto physical damage coverages
