Auto Insurance: What You Need To Know

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Auto insurance is something that every driver needs. But not everyone knows exactly what it’s or how it works. In this blog post, we’ll discuss the basics of auto insurance and answer some of the most common questions about it. So, whether you are a new driver just starting or looking to save money on your current policy, read on for everything you need to know about auto insurance!

What is Auto Insurance?

Auto insurance is a contract between you and an insurance company such as Commercial One Insurance Service in Burlingame CA. You agree to pay the premium, and the insurer agrees to pay for your losses as specified in the policy. The coverage can include damage to your car, medical expenses, legal fees, and more.

How Does Auto Insurance Work?

If you have an accident or your car is damaged in some other way, you will file a claim with your insurance company. If your policy covers the damages, the insurer will pay for them.

What Types of Coverage are There?

There are many different types of coverage available, and the type you need will depend on your situation. Some of the most common types of coverage include:

  • Liability coverage, which pays for damages if you are at fault in an accident
  • Collision coverage, which pays for damage to your car if you are in an accident
  • Comprehensive coverage, which pays for damage to your car from events other than accidents, such as theft or weather damage
  • Medical payments coverage, which pays for your medical expenses if you are in an accident
  • Uninsured/underinsured motorist coverage pays for damages if you are in an accident with a driver who does not have insurance or does not have enough insurance to cover the damages.

Conclusion

Auto insurance is an essential part of owning a car. By understanding auto insurance basics, you can ensure you have the coverage you need to protect yourself and your vehicle.

Contact your insurer if you have any questions about your policy or coverage. Commercial One Insurance Service in Burlingame, CA can help if you’re looking for a new auto insurance policy. Contact us today for a free quote.

Warehouse and Logistics Insurance: How to Protect Your Business

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Warehouse and logistics insurance is a necessary commercial coverage for any storage and transportation industry business and wholesalers. However, many storage and transportation industry businesses and wholesalers in Burlingame, CA lack this insurance because they don’t understand how it protects them. Here is a breakdown of how warehouse and logistics insurance protects your business.

  • Fleet/commercial fleet insurance: This warehouse and logistics insurance policy covers the different types of vehicles you use to transport goods, such as trucks and vans. It also provides coverage to drivers in multiple vehicles. The policy will cover all your vehicles and drivers. 
  • Material damage insurance: This policy will protect the inventory under your care, whether in transit or your warehouse, together with the fixtures and fittings in your warehouse against storm damage, fire, theft,  and burst pipes. 
  • Products liability cover: As a warehousing and logistics enterprise, you are responsible for getting the products from the manufacturer to the retailers or end consumer. The product’s liability coverage protects you if it’s alleged that the product you were involved in supplying caused an accident that resulted in injury to one of your customers or property damage. 
  • Employers liability insurance: The warehouse can be a dangerous workplace for employees. This is why Commercial One Insurance Service views the employer’s liability insurance as a must-have. This warehouse and logistics insurance coverage will protect you as the employer from liability if your staff suffers an accident at the workplace and claims it was because of your negligence. 
  • Equipment breakdown insurance: Equipment breakdown can paralyze operations at the warehouse. This warehouse policy will pay to repair or replace your warehouse equipment to let you resume operations in no time. 

Are you a storage and transportation enterprise or a wholesaler in Burlingame, CA, looking for warehouse and logistics insurance? Call Commercial One Insurance Service for immediate assistance.

What is a home inventory and why should you make one?

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Before you contact Commercial One Insurance Service about home insurance for your Burlingame, CA home, you should make a home inventory, a list, or a video of the items you own.

Providing your home inventory when you contact Commercial One Insurance Service helps us provide you with the most accurate information and quote. That’s because your policy can offer various levels of personal property protection. We base the amount of coverage on your current home contents.

When you create a home inventory, you document the equipment and household items you own. You also document their condition. If your home policy reimburses you for items at actual value, then you’ll receive the value of the items not at the value of when you purchased them new, but at the depreciated value. Your video home inventory can prove that your item held value because of the care you took of it.

You should update your home inventory with your insurance agent when you buy new big-ticket items. Since your insurance policy provides a dollar amount of coverage, you need to update it when you purchase new jewelry, hobby equipment, such as cameras, or sports equipment, such as a new road bike. This ensures that your home policy covers the items you own.

The same is true of sharing your home with a roommate, significant other, or spouse. When you add another person to the household, you also add their stuff. Until you update your policy though, it only covers the items for which you initially purchased the personal property coverage. You’ll need to add their items to your home inventory and update your insurance policy accordingly.

Contact Commercial One Insurance Service about home insurance for your Burlingame, CA today. We can help you obtain the coverage you need to protect your financial security.

Renewing Your Car Insurance: What to Know

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Most auto insurance policies include an automatic renewal within their terms, which can be great for anyone that does not want to handle paperwork or have to search for a new policy. Still, it also means that your rates may increase without you noticing. Roughly one month before your policy expires, you’ll receive a letter from your insurance company to discuss the renewal. It will include your new car insurance premium, a revised declaration page, and new insurance cards for your vehicle. If you ignore the letter and continue to make payments, your policy will automatically renew at the new premium rate on your renewal date. 

While there is no guarantee it will happen, your rates may increase at renewal. Insurance rates are calculated based on a multitude of factors, including your age, type of vehicle, and driving history. If you have filed any insurance claims or had a claim against you, been involved in an at-fault accident, received a driving ticket, or moved to a new zip code, then your auto insurance rates may increase. Additionally, if the market has changed in your area, like an increase in vehicle accidents or hail damage claims, that may lead to a change in your premium. 

If you decide to cancel your auto insurance policy, you’ll likely have the option to do it over the phone, or you may be required to send a letter to the provider stating your intention to cancel. If you decide to switch insurance providers, you’ll need to do so before your current policy expiring to avoid potential repercussions. At Commercial One Insurance Service in Burlingame, CA we can assist in shopping for auto insurance rates within your budget. Give us a call today to learn more.

Renewing Your Car Insurance: What to Know

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Most auto insurance policies include an automatic renewal within their terms, which can be great for anyone that does not want to handle paperwork or have to search for a new policy. Still, it also means that your rates may increase without you noticing. Roughly one month before your policy expires, you’ll receive a letter from your insurance company to discuss the renewal. It will include your new car insurance premium, a revised declaration page, and new insurance cards for your vehicle. If you ignore the letter and continue to make payments, your policy will automatically renew at the new premium rate on your renewal date. 

While there is no guarantee it will happen, your rates may increase at renewal. Insurance rates are calculated based on a multitude of factors, including your age, type of vehicle, and driving history. If you have filed any insurance claims or had a claim against you, been involved in an at-fault accident, received a driving ticket, or moved to a new zip code, then your auto insurance rates may increase. Additionally, if the market has changed in your area, like an increase in vehicle accidents or hail damage claims, that may lead to a change in your premium. 

If you decide to cancel your auto insurance policy, you’ll likely have the option to do it over the phone, or you may be required to send a letter to the provider stating your intention to cancel. If you decide to switch insurance providers, you’ll need to do so before your current policy expiring to avoid potential repercussions. At Commercial One Insurance Service in Burlingame, CA we can assist in shopping for auto insurance rates within your budget. Give us a call today to learn more.

What coverage comes with warehouse & logistics insurance?

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The warehouse and logistics industry is extremely important and a major part of the economy in the Burlingame, CA area. While there is a lot of opportunities available to those in this industry, there are some risks as well. A great way to offset some business risks in this field is by getting proper insurance. There are various forms of coverage that come with a warehouse & logistics plan. 

Protection for Assets

One of the ways that you can be supported by a warehouse & logistics insurance plan is by getting protection for your assets. A warehouse and logistics business will have a lot of different assets. This will include your moving and storage equipment as well as customer cargo and inventory. With a warehouse & logistics insurance plan, you will get the support that you need to cover these items. 

Reduce Liability Risk

You should also get a warehouse & logistics insurance plan to offset your liability risk. There will always be a chance that an accident could occur in your warehouse that could lead to damaged inventory, injuries, or other forms of loss. As this could end up leading to significant damages, you will want to know that you are protected against this risk. A proper warehouse & logistics insurance plan will give the coverage that is needed in this situation. 

Having a warehouse & logistics insurance plan is important for anyone that owns or operates a warehouse or logistics business in the Burlingame, CA area. If you decide to get this type of coverage, you will want to start your search by calling Commercial One Insurance Service. The team with Commercial One Insurance Service offers personalized support that can help you adequately cover your business with a proper insurance policy. 

Helpful Tips for Filing a Home Insurance Claim

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Filing a home insurance claim in Burlingame, CA, is not easy, especially if you’re doing it for the first time.  The more significant the loss, the more complex the process. However, with the help of insurance professionals at Commercial One Insurance Service, you can rest assured that you will be fully and fairly compensated for every loss under the terms of your home insurance policy. Here are a few tips to help you out.

Create an Inventory

You never know when disaster might strike. That’s why you need to act now by preparing a list of all valuables covered in your home insurance policy. Your list should include the name, price, and the date you purchased them. If you have receipts for large items, keep them safe and update the inventory every time you buy a new item.

Study Your Policy

It’s almost impossible to successfully file a home insurance claim in Burlingame, CA, if you don’t know what is covered. Take time to go through your policy, read terms and conditions, ask questions, and have the correct information on hand. Review your policy after every six months to keep it updated.

Document the Damage and Your Interactions 

Sometimes the entire claim process may not go as you expect. If you feel that you were unfairly compensated, you can file a lawsuit against your insurance company and demand fair compensation. To do this, you must document every step of the claim process, from adjuster conversations to the damage in your home. Your lawyer will need all this information to build a strong case against your insurer.

Act Fast

The faster you act, the faster you can settle down after a disaster.  If there is any criminal activity involved, make sure you report it to the police before calling your insurance provider. Fill out the home insurance paperwork and provide all the required information on time. 

To learn more about home insurance claims, please get in touch with Commercial One Insurance Service. 

What To Do When You Have Been in a Car Accident

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Car accidents can be very stressful when you don’t know how to handle the situation. In the event of a car accident, there are critical steps you need to take to prevent further injuries and even save lives. When you do everything right, it will also make the claims process easier. If you’re looking for an auto insurance company serving Burlingame, CA, Commercial One Insurance Service can guide you through the types of auto policies available and ensure you make the right decision.

What To Do When You Have Been in a Car Accident

Try to remain calm, and ensure that your car is in a safe, well-lit place. It’s important to check whether any injuries are sustained depending on if you had a major or minor collision and take note of it. This ensures there aren’t any false claims being made later that could cost you. If anyone is hurt or the road is blocked due to the accident, call an ambulance and the police for help.

Do not take responsibility for the accident until you are completely sure of what happened. This ensures that your insurance protects you from liability costs if the fault wasn’t on your side. Don’t apologize; some drivers might take it as an admission of guilt and use it against you when claiming damages caused during the accident.

Exchange information

After everyone is safe, share your contact information and Insurance details with each other. Contact your insurance company immediately, and even if you don’t intend to make a claim, ensure your insurer is informed if the other driver decides to.

Getting in a car accident is very stressful, and unfortunately, an unavoidable and unseen occurrence that every motorist should be ready for. Ensure you note down as much as possible to the finest details. This helps with your insurance claim should you decide to make one.

While at the scene of the accident, don’t start engaging in a discussion of who is right or wrong. Share your insurance details and policy number with the other driver and ensure they do the same. Notify the insurance company soonest possible; the longer you wait, the more it becomes harder to claim.

Even if an auto insurance policy doesn’t guarantee safety on the road, knowing that your losses will be covered after an auto accident provides peace of mind. Contact Commercial One Insurance Service serving Burlingame, CA to get sound advice on the different types of auto insurance policies available and what they cover.

California Home Insurance: The Coverages You’ll Need If Wildfires Occur

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When you live in California, the fear and threat of wildfires will always be on your mind. You can add coverage to your California home insurance policy to help you with a little peace there.

At Commercial One Insurance Service, we want Burlingame, CA residents to have the home insurance coverage they need to be protected financially from wildfire. Here are some coverages you will want if you are concerned about the threat of wildfire.

Dwelling Coverage

Dwelling coverage will rebuild or replace your home and any attached structures such as a garage or a deck. It’s always a good idea to review your dwelling coverage, in order to keep up with the changing costs of your home. 

With wildfires in your area, you may find that materials shortage and labor demands could lead to cost surges after a wildfire. The cost to rebuild may be higher than your dwelling limits. You can get guaranteed cost coverage to cover the cost of a rebuild, or add extended coverage which could be an amount like 25 percent over your current limit. This gives you a cushion with dwelling coverage if the costs to rebuild are exorbitant in the event of this tragedy.

Update Your Contents Coverage

You could lose everything in a wildfire, and it may have been some time since you updated your property inventory. Check the value of your contents by performing another inventory, and updating your contents coverage. 

Most home insurance policies give you a 50 to 75 percent allowance above your dwelling coverage for contents. If you have added new contents or property that is significant in value, have your coverage updated.

Additional Living Expenses

Adding additional living expenses or loss of use coverage to your policy will cover you in the event that you need to vacate your home. This will cover hotels, restaurants, and even pet boarding if you need to leave the home after a wildfire. Make sure this is added to your policy.

Get a Quote

When you are worried about wildfires in California, update your home insurance policy. This will give you some peace of mind. At Commercial One Insurance Service, we want Burlingame, CA residents to have the home insurance they need to protect them during these tragedies. Call us for a quote today.

Does warehouse and logistics insurance cover your items while in transit?

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Does warehouse and logistics insurance cover your items while in transit?

Your warehouse in Burlingame, CA needs appropriate commercial insurance. That means warehouse insurance for the items stored there and logistics insurance, a type of inland marine coverage. Put together, a policy of warehouse and logistics insurance from Commercial One Insurance Service can protect your clients’ items as well as your own.

Becoming a Bailee

Warehouse insurance covers your business as a bailee, an organization entrusted with the belongings of another business or client. This means that if anything happens to damage property during storage, packaging, cross-docking, labeling, or any other service offered, the insurance covers it. It also covers the loss of an item. It differs from cargo insurance, which covers the items while in transit by plane, train, or automobile.

Coverage of Items in Transit

The logistics component covers your transit of goods. This component of the insurance package covers your liability. While you can purchase warehouse and logistics coverage separately, we recommend bundling them to cover your business completely.

The liability coverage provided by the logistics component includes accidents caused by negligence as well as damaged cargo. This provides separate coverage from your commercial auto or trucking insurance.

Contact Commercial One Insurance Service

Yes, warehouse and logistics insurance does cover your items while in transit. Contact Commercial One Insurance Service serving Burlingame, CA, to discuss your warehouse and logistics insurance needs and determine what coverage you should buy. Let this insurance help you keep your warehouse equipment and clients’ warehoused items safer, or at least cover their loss if something happens to their cargo while in your care.