Why do I need home insurance in California?

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The San Francisco and Burlingame, CA area is a great place to live and work. Along with this, there is a great real estate market that offers a lot of potential to property owners. When you are going to purchase a property in this town, you need to ensure that it is fully covered by insurance. There is a range of factors to consider when you are going to get a home insurance policy.

Policy Requirements

One factor to consider when you are getting home insurance is your policy requirements. Most people that own a home will have some obligation to carry insurance. If you have taken out a loan to buy the property, the lender will likely require that you have insurance at all times. Also, if you live in an area with an association, you will have to comply with their insurance requirements. It is important to understand all of these obligations and to ensure you are meeting them.

Personal Assets

You also need to carefully consider your personal assets and make sure they are covered. Your policy will come with a certain level of coverage to replace your personal items if they are damaged or stolen. If you have some valuable items that are above this amount, you should consider getting an additional policy rider to get ample coverage. 

It is smart to find an excellent home insurance policy for your property. When you are shopping for a home insurance policy, you should call Commercial One Insurance Service in Burlingame, CA to discuss your insurance needs and options. Commercial One Insurance Service can help you to figure out what your risks and needs are. Based on this assessment, you can better choose an insurance policy that will give you the best form of coverage possible. 

3 Ways to Protect Your Car From Vandals

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No matter what type of car you drive, it is a valuable asset you need to take care of. The agents of Commercial One Insurance Service offer valuable advice to their clients who live in the Burlingame, CA area.

Park in a Well Lit Area or Where Security Cameras Are Present

Parking in a well-lit area means fewer shadows for a vandal to hide in. The brighter and more visible the area, the less risk you will have of being victimized. It also helps to keep you safer as well. Put a security light next to your driveway. It will keep the area well lit on nights you park outside.

Always Set Your Car Alarm

If your car has a built-in alarm system, always make sure to lock your doors and set the alarm before walking away. If you see someone trying to break into your vehicle, hit the panic button. That is why it’s there.

Use Valet Parking If It Is Offered

If you are attending a large event in an area you are unfamiliar with, use the valet parking. Your car will be parked in a secure area and under video surveillance. Spending a few extra dollars is well worth the peace of mind you will get knowing your car is safely parked in the garage.

The agents of Commercial One Insurance Service provide their clients with useful tips to keep their vehicles safe whether they are at home or away. Contact an agent to check on your current policy or see about purchasing a new one. Visit our office in Burlingame, CA or make the call. You will get the info you need and the peace of mind you deserve.

 

What is warehouse and logistics insurance

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The products you manufacture, warehouse, and sell are the backbone of your business. They are an investment you will want to ensure is protected, and the best way to do that is through warehouse and logistics insurance, but what exactly is it and do you need it?

The second question is easiest to answer because it is simple. If you have a business that includes keeping an inventory of products, you will want to obtain a warehouse and logistics insurance policy. The warehouse piece to this type of insurance policy covers your warehouse storage operations. This means if the products are damaged, there is a physical loss due to a fire or other disaster, or if damage occurs during the packaging, storage, cross-docking, or labeling, the cost of the products affected will be covered.

The logistics insurance part of your policy provides commercial insurance coverage for logistics providers of your business. This is a position that gives you management of the flow of your goods and materials between the origination point of travel to their assigned destination. A logistics provider regularly handles tasks, such as shipping, inventory, warehousing, and security, for the shipping process.

Because both of the insurance coverage types are so closely related and very similar, most business owners opt for a warehouse and logistics insurance policy all in one. The products you create are the backbone of your business, which is a substantial investment of your time and money. It is also your livelihood as a business owner, so you will need to protect your products through this type of insurance policy.

A trusted insurance agency with experience in warehouse and logistics insurance policies is the person to contact to assist you in creating the best policy for you and your company in California. The agents at Commercial One Insurance Service in Burlingame, CA have the knowledge and skill to create a policy that will leave your products and business protected. Contact our office in Burlingame, CA for more information.

Three things small business owners should know about commercial insurance

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Business owners need to invest in the right commercial insurance policy to cover any possible damages that come up down the right. Commercial insurance can be a lifesaver and make it possible for a company to survive despite costly accidents.

At Commercial One Insurance Service, we offer commercial insurance policies to business owners in Los Angeles and Burlingame, CA. As a business owner, you should be aware of the following three things when you’re on the market for a commercial insurance policy. 

Commercial insurance is required by law in some cases.

Probably your number one priority as a business owner is to stay on top of any legal requirements your small business faces. Commercial insurance that is commonly required by law includes commercial vehicle insurance as well as malpractice insurance for certain professionals like doctors. 

Do your research and be aware of federal, state, and local legal requirements for commercial insurance for businesses like yours. 

There are several types of commercial insurance to choose from.

Commercial insurance groups together any kind of insurance that a company might need to cover business activities. 

Some of the most important types of commercial insurance to buy are commercial property insurance, liability insurance, business interruption insurance, and workers’ compensation insurance.

It’s a good idea to choose a policy that can grow with your company. 

As a business owner, you’re probably hoping that your company is going to grow through the years. However, you’re not going to want to have to change insurance providers down the road because your original insurance provider isn’t able to offer the coverage that your expanding company needs. Look for an insurance company that offers a range of commercial policies for companies of different sizes.  

If you’d like to learn more about the commercial insurance policies we offer in Burlingame, CA at Commercial One Insurance Service, contact us by phone or email. 

How much home insurance do you need in California?

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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

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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

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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

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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?

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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

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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.