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[A]n insurer may, under [California] Insurance Code sections 331 and 359, rescind a fire insurance policy based on an insured's negligent or unintentional misrepresentation of a material fact in an insurance application, notwithstanding the willful misrepresentation clause included in the required standard form fire insurance policy (Insurance ...
Its budget is primarily derived from funds generated by license fees, assessments, and Proposition 103 recoupment fees. The CDI licenses over 1,500 insurance companies and more than 320,000 insurance agents and insurance brokers in the state of California, United States. The current California Insurance Commissioner is Ricardo Lara.
Gap insurance: Drivers who have a lease or loan may consider purchasing gap insurance. After an accident, it covers the difference between a new car’s depreciated value and the remaining loan ...
Donlen LLC is an American fleet leasing and management company headquartered in Bannockburn, Illinois, a suburb of Chicago.With offices throughout the U.S. and Canada, the company provides consultation, maintenance, and outsourcing for corporate vehicle fleets.
You can either turn in your car to the dealer, purchase the car or lease a new car. Leasing a car vs. buying a car. Consider your priorities when deciding whether to lease or buy. Reflect on how ...
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Canvas was acquired by Fair, another vehicle subscription company, in September 2019. [1] Canvas was directed at consumers seeking alternatives to car ownership and leasing or daily car rental. [2] For a subscription term of three months to a year or longer, the service provided the use of a car bundled with insurance and maintenance coverage. [3]
Vehicle leasing is the leasing (or the use) of a motor vehicle for a fixed period of time at an agreed amount of money for the lease. It is commonly offered by dealers as an alternative to vehicle purchase but is widely used by businesses as a method of acquiring (or having the use of) vehicles for business, without the usually needed cash outlay.