What Does Warehouse and Logistics Insurance Cover?

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Warehouse and logistic insurance go by many different names. Those names include warehouse legal liability insurance, warehouse workers’ legal liability, or warehouse operators’ legal liability insurance. If you own a warehouse or logistics company, this is a type of insurance product that you should consider purchasing. Unfortunately, the staff at Commercial One Insurance Service, serving the greater Burlingame, CA area, have seen that many warehouse owners do not know this product exists. Read on to learn more about what warehouse and logistics insurance covers and why it may benefit your business. 

What Does Warehouse and Logistic Insurance Cover?

Warehouse and logistics insurance is designed to cover four different things. This includes people, equipment, buildings, and goods. This means that this type of insurance helps to protect your workers who may become injured, helps to cover the equipment in your building, including forklifts, helps to cover the building itself, and helps to protect the goods that are stored in the building, including goods that you manufacture or goods that you are preparing to ship out. 

What Are the Benefits of Warehouse and Logistic Insurance? 

If you own a warehouse and logistic service, you have a lot of money tied up in your building, equipment, employees, and the goods you produce or ship. Events such as fire, theft, or flooding can damage your building and the items stored in your building. Warehouse and logistic insurance are designed to protect your business from catastrophic events. 

If you are looking for warehouse and logistic insurance in the greater Burlingame, CA area, Commercial One Insurance Service would love the opportunity to help you. Call or email us today to discuss your business and what insurance products we have that can benefit you. 

What Does Business Insurance Cover?

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When you have a business, you might be wondering if you need to have insurance. You may not want to spend any extra money, but it is essential to consider getting insurance. 

Why do you need it? What does your insurance cover when it comes to your business? 

Most businesses start with a business owner’s policy, also known as a BOP. This includes your business property, liability, and business income coverage. 

  • The business property will cover your building, as well as the property that you have inside. This includes the office furniture and supplies you need to run your business. It will also protect your inventory. 
  • Liability insurance covers many different things. It will protect you if someone falls in your place of business. It can also protect you if you get sued due to your work. If a client claims you made a mistake that hurt their business, you could be looking at a lawsuit. 
  • Business income insurance helps you if you lose income. If you need to close your business for certain reasons, like property damage, it will help you pay for your expenses during this time. 

Most business owners start with a BOP, which protects their property, income, and business if they get sued. That is often enough, though you may need extra insurance if your business gets hacked. You may also need commercial automobile insurance if you have drivers on the road! 

Talk to a professional today if you want to ensure your business is fully protected. Don’t hesitate to contact us at Commercial One Insurance Service in Burlingame, CA.  

Tips for Choosing California Homeowners Insurance

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You wouldn’t choose any old home, so why would you choose any old homeowner’s insurance policy? While knowing you need insurance for your home is easy, selecting the right policy can take significant effort. Home insurance policies can vary in total coverage, payouts, policies on pools and visitors, and even have requirements based on your specific home loan. 

Commercial One Insurance Service, serving Burlingame, CA, can guide you with top tips for choosing California home insurance.

California Home Insurance Tips

  1. Understand the Policy Coverage you Need. Explore the amount of liability and property coverage you need to make you whole again in the case of an accident or injury. Learn more about types of policy coverage today before you buy.
  2. Talk to your Experts. Talk to both your realtor and your lender for recommendations. As providers who already know your unique needs, your lender and realtor can steer you in the right direction and help ensure your policy fits your purchase.
  3. Get Native Language Support. Don’t search for support you won’t fully understand. Search California’s database for realtors who provide additional language assistance. 
  4. Get a Second Opinion. It never hurts to get a second opinion on policy rates and coverage. Check with an additional provider before you decide. If you think you have been denied coverage in error, submit a complaint to the California Department of Insurance.
  5. Understand the California FAIR plan as a last resort. The FAIR plan is a California safety net to provide fire insurance to high-risk properties that otherwise may not qualify for traditional homeowners policies. 

Commercial One Insurance Service serving Burlingame, CA is ready to meet your homeowner’s insurance needs. Contact us online today.

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.