How much home insurance do you need in California?

The state of California requires all drivers to show proof of auto insurance that pays at least $15,000 per person for bodily injury in an accident ($30,000 per incident) and a minimum $5,000 for property damage. The state also requires drivers to carry uninsured motorist protection that pays at least $15,000 per person, or $30,000 per accident, if the at-fault party does not have enough indemnity protection to pay for all damages. Of course, the minimum in California may not be enough, given the high cost of living. In reality, an accident in Burlingame, CA could come with property damage fees that exceed $30,000. You need protection that pays all the bills. 

The agents at Commercial One Insurance Service can help you determine how much auto insurance you need in California. It may be a good idea to consider the following factors when creating your plan. 

Do you own property?

It is not uncommon for a person who lacks enough auto insurance coverage to pay for damages to have a lawsuit filed against them by the victims that demands payment for the remaining expenses. Your home may be at risk of a lien if you lose the suit but lack the cash needed to settle the offense. It may be a good idea, then, to consider an auto insurance policy that covers more than $100,000 in damages if you are a homeowner in California. 

Do you drive often?

Those who commute by public transportation more than they drive to work may find the state minimum acceptable. You may need more insurance if you drive every day or if you use your car for work. Rideshare drivers should discuss their options with a Commercial One Insurance Service agent as incidents that occur while you are transporting passengers and goods may not be covered under a standard insurance policy. 

Drive with confidence in California. Call Commercial One Insurance Service today to get started with a quote for an indemnity policy in Burlingame, CA!

4 Most Common Auto Insurance Claims in California State

The roadways that crisscross the Burlingame, CA area are some of the safest in the country. However, even these well-constructed throughways see their fair share of accidents regularly. Commercial One Insurance Service wants all of their California neighbors to be ready for whatever the road sends their way. To help you be prepared, here are some of the most common reasons for auto insurance claims in the state of California.

  • Rear-end collision – Whether a distracted driver doesn’t give themselves enough time to stop or a malfunctioning brake line prevents drivers from reacting appropriately, rear-end collisions top the list of most frequent auto insurance claims. In a moving collision, severe physical damage to drivers, passengers, and vehicles are common.
  • Chipped and cracked windshields – The big trucks that share California highways often fail to secure large loads of rocks and other building materials. At high speeds, small bits of rock become projectiles that crack or chip the windshields of passenger vehicles. Larger items can cause more significant damage and may present a risk to those in the smaller vehicle.
  • Damages to a parked vehicle – Vandalism is still an unnecessarily common occurrence in the Burlingame, CA area. Bored teens, criminals looking for a quick payday, and careless drivers can leave dents, marks, and other damages that require help from your insurance provider. If your vehicle is hit while it’s parked, the damage should be covered by the collision portion of your auto insurance.
  • Theft – Thieves aren’t just out for your vehicle. Some of them want the contents inside. While the damage sustained from a vehicular break-in is covered under the vandalism portion, the replacement costs of your missing items, including the vehicle themselves, are often included in your overall coverage.

These problems don’t have to scare you away from enjoying the roadways. Talk to the agents at Commercial One Insurance Service to find ways to reduce your likelihood of falling victim to these common problems.

 

Reviewing Your Warehouse and Logistics Policy

When was the last time you reviewed your warehouse and logistics insurance policy? If it’s been a while, you might want to pull it out and go over it with a fine-toothed comb to ensure you’ve got enough coverage to protect your growing business.

If your business needs warehouse and logistics coverage in or around the Burlingame, CA area, then Commercial One Insurance Service is here to help.

Differences in Coverages

Your business is responsible for the safe storage, packaging and/or transportation of customers’ property. So, it’s in your best interest to have adequate warehouse and logistics insurance. 

Although warehouse and logistics coverage can be purchased as one policy, they are separate coverages. You should review your policy to make all business functions and potential incidents are covered.

Warehouse insurance protects your customers’ property from damage or loss during regular business operations. Processes such as packaging, labeling, storing, etc. are the focus of this type of insurance policy. It may or may not include loading and unloading of cargo.

Logistics liability guards your business against damage or loss during shipping or transporting of property. This can include securing the property, loading and unloading, and other types of package handling. 

If your business is responsible for warehousing and logistics, you’ll want to double-check that your policy covers all of these aspects.

Learn More About Your Insurance Coverage Needs

You don’t want to be caught off guard if a customer’s property is damaged or lost. Carrying the right amount of insurance coverage is the best way to protect your business against liability.

If you’re wondering whether your business has adequate warehouse and logistics insurance, contact Commercial One Insurance Service serving Burlingame, CA.

How Can Commercial Insurance Tie Into Estate Planning

Commercial insurance for your Burlingame, CA business protects your business and can also help you retain your personal wealth. Lawsuits and other risks associated with running a business can result in significant financial risk. That’s why it’s important to create a buffer for your personal assets, such as your home and savings.

It also ties into estate planning and lets you protect your loved ones from any legal or financial matters related to the business after you’re gone. Including commercial insurance as part of an estate plan ensures that your estate retains the financial resources for their long-term expenses. 

What is Commercial Insurance?

A Commercial General Liability (CGL) policy shields your business from financial loss if you are held liable for personal injury, property damage, or advertising as a result of regular business operations by you or your employees. Having this insurance in place lets your family maintain their lifestyle during the transition of a business. Your Commercial One Insurance Service agent can help you plan your commercial coverage to ensure you won’t have to dip into personal resources due to business liability.

Maintaining Your Family’s Lifestyle

Ideally, you want to leave behind sufficient funds for your spouse and kids for living expenses, college, and other obligations. That won’t be possible if your business doesn’t have sufficient coverage and you experience a financial loss that affects your personal assets.

Transitioning a Business

A comprehension commercial insurance plan can cover events like the sudden death of a partner or co-owner. You can name a successor to take over your business interests and help protect both your family and your business partners.

If you have any questions about commercial insurance for your Burlingame, CA business, stop by or call Commercial One Insurance Service today.

 

Does A CDL Distinction Change My Personal Auto Insurance?

New or Current Resident of Burlingame, CA? Let Commercial One Insurance Service Be At Your Service

With a multitude of insurance products that will make your life easier we invite you to get to know us. We provide professional service and can make the chore of acquiring insurance a pleasure. 

Be Proud of Your CDL 

Chances are you’ve worked hard for your CDL- Commercial Drivers License. It’s a sure bet that you don’t want to have added financial burdens to your insurance policy as a result of your CDL. Your CDL distinction does not necessarily mean that your automobile insurance is going to be increased or change in any way. As it is with most things that are insurance related – it all depends on your individual situation. Come in and speak with us today.

Unfortunately, you do not get a decreased insurance rate due to your advanced driving distinction. You may qualify for defensive driving credit however because of your professional status. It is something that should be shared with your agent as soon as you acquire the distinction in order to ascertain how it will affect your insurance.

If you are insured through your employer and use your personal vehicle only for personal use, then your auto insurance does not have to change at all.

Some drivers use their personal vehicle for commercial use. An honest conversation with your insurer will alleviate the anxiety caused by this risky behavior. The type of business you are engaged in, the amount of commercial use you use your personal vehicle for and the level of insurance your employer has taken out for you are determining factors.

If you are in the Burlingame, CA area stop by Commercial One Insurance Service today. 

Home Insurance Facts Every Homeowner Should Know

Homeowners insurance helps protect your Burlingame, CA home and all its contents. If you’re new to home ownership, you may need a little help selecting a policy that corresponds with your property. The following home insurance facts from Commercial One Insurance Service can help you make wise home insurance decisions.

Importance of Home Insurance

In general, you need home insurance to protect your home and personal goods from theft, vandalism and the risk of disasters. If your home burns down due to an accidental fire, your dwelling and property insurance will help cover the cost of rebuilding your house and replacing your belongings.

Home insurance also protects you against liability claims if a visitor were to have an accident on your property. Without this coverage, you run the risk of paying your visitor’s medical expenses or property damage out of your own pocket.

What Home Insurance Covers

A standard home insurance policy will protect you against such perils as fire, smoke, hail, wind, lightning, explosions, vandalism, theft and water damage due to faulty pipes. It does NOT, however, cover flooding, damage caused by land movement (earthquakes, mudflows, landslides) or normal wear and tear of your home structure.

Coverage Options

As a homeowner, you decide the type and extent of coverage to obtain for protecting your home and belongings. Most insurers offer homeowners a choice of actual cash value (ACV) or replacement cost value (RCV) coverage.

Replacement cost coverage is more expensive but it will cover the cost of rebuilding your home or replacing your goods if they’re totally destroyed in a disaster. ACV coverage reimburses you for damages after subtracting depreciation (wear and tear), which reduces the value of your home or property.

For quality home insurance coverage to protect your Burlingame, CA home, contact Commercial One Insurance Service.  

Does Logistics Insurance Cover Your Facility?

A large number of Burlingame, CA facilities need logistics insurance to ensure that they are protected. However, this policy type isn’t always appropriate for all businesses. So if you aren’t sure whether or not you need it, please contact us at Commercial One Insurance Service or read on to learn more. 

What Logistics Insurance Covers 

Logistics insurance is an inclusive category that provides many different protection types for you and your company. Just a few coverage options that you are likely to get with these policies include the following choices:

  • Freight forwarder liability 
  • Errors and omissions in shipping 
  • Property and other items 
  • Contingent cargo 
  • Crime coverage for your shipment 
  • Warehouse legal liability 
  • Customer booking 
  • Business interruption caused by logistics problems 

Although logistics insurance will vary based on your state and needs, these policy options should all be available. Most will let you tweak your options to select a detailed and fine-tuned coverage that you can more easily afford. But what kind of companies need this insurance? Many, including:

  • Retailers
  • Shipping experts 
  • Rental fleet professionals 
  • Medical facilities 
  • Trucking companies 
  • Online brokers 
  • Anyone who ships items 

Logistics insurance, in essence, protects all of these businesses by ensuring that their delivery of goods goes as smoothly as possible. Just as importantly, these policies also protect a company by covering any liability that they may incur. For example, if you ship medicines to the wrong facility and somebody is injured as a result, your logistics policy should help protect you from lawsuits and other problems. 

Let Us Help You 

If your facility in Burlingame, CA needs logistics insurance, but you aren’t sure where to turn, you should contact us at Commercial One Insurance Service to get the help that you need. Our experts will find a policy that works for your needs and help you run your company more successful.

Smart Business Starts With Commercial Insurance

If you want to open your own business, there are several key considerations to keep in mind. Smart business requires making smart business choices. You will need a solid business plan in place, strategic marketing strategies, and much more. Here at Commercial One Insurance Service serving the Burlingame, CA area, we like to see all of your business clients succeed. That’s why we have put together three key ways to establish a successful business.

It Starts With Commercial Insurance

First and foremost, you will need commercial insurance to establish a successful company. Commercial insurance increases the legitimacy of your business in the eyes of consumers and makes it seem more professional. This type of insurance also adds valuable protection during instances relating to lawsuits, slander, and employee issues.

Create a Business Plan

All successful businesses begin with a business plan. Your business plan outlines your mission, your goals, your values, and much more. It also states how you plan to achieve your goals, and will include lots of information on how you to plan to approach the marketing mix — product, price, promotion, and placement of what it is that you’re selling.

Use SEO Marketing

Starting a successful company also begins with using SEO marketing. With this type of marketing, you will increase organic traffic to your company’s online website, which means you are attracting people to your site who are already interested in what it is that you are selling.

If you would like to learn more about starting a successful company, please reach out to Commercial One Insurance Service serving the Burlingame, CA area today. We are ready to assist you with all of your commercial insurance needs.

 

Home Insurance Add-Ons to Consider

When it comes to protecting your home you likely already have home owner’s insurance taking care of the basics. However, there are a number of potential holes within your coverage that might leave you open to financial problems and housing damage. That is exactly why if you live in the Burlingame, CA area you need to give Commercial One Insurance Service a call. 

Flood Insurance

Chances are your current home insurance policy does not cover flooding. Flooding can come from a number of potential situations. If the area is hit with substantial rainfall and your property floods, you’ll need flood insurance. It can be from a major storm bringing water in from the ocean. Or flooding can be the result of a water line bursting on your property. Whatever the culprit of the flooding, your standard home insurance policy may leave you exposed. 

Earth Quake Insurance

You live in California so you understand the chances of an earth quake occurring. While most earth quakes are on the minor side, it only takes one to cause serious damage to your property. A damaged foundation may cost tens of thousands of dollars to repair. You can avoid these kinds of costly out-of-pocket expenses by protecting your home with earth quake insurance. Not sure if your property is covered? Now is the time to contact an expert to go over your policy. 

Having the right home owner’s insurance is extremely important. It might be the difference between you having financial coverage for damage to your house and being forced to pay for the damage out of pocket. If you live around Burlingame, CA and have questions regarding your current home owner’s insurance and what you may want to consider adding on, now is the time to give Commercial One Insurance Service a call. 

How driver assistance features can help prevent accidents

Driverless car technology is not yet ready for the market. However, many vehicles have driver assistance features that can help you avoid accidents and reduce much of the stress out of driving. Commercial One Insurance Service, serving Burlingame, CA would like to explain.

The National Highway Traffic Safety Administration has a list of common driver assistance features you can have included:

  • Braking assistance can include everything from having the car automatically apply the brakes if you are about to rear-end the vehicle in front of you to braking to avoid hitting a pedestrian. Some systems will sound an alarm if a crash is imminent and then kick in if the driver has not taken action.
  • A backup camera is a standard feature in many late-model vehicles. It eliminates the danger of running into something or someone that is behind you that you can’t see by looking in the rear-view mirror or turning your head.
  • Lane assistance features come in two models. One will alert the driver if he or she is starting to drift out of the lane the vehicle currently occupies. Another model will automatically apply the steering wheel, the brakes, the accelerator pedal, or a combination to keep your vehicle in your lane.
  • A blind spot detection system will sound an alarm if you are about to change lanes, and another vehicle is in your blind spot.
  • A 911 notification system will automatically alert emergency responders if it detects a sudden deceleration or an airbag deployment.

If you have any other questions concerning auto safety or insurance, feel free to contact Commercial One Insurance Service, serving Los Angeles and Burlingame, CA.