Buying a Home? Must Have Home Insurance Coverage

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As a first time homeowner, you’ll want to make sure you have adequate home insurance coverage to protect your investment. By discussing home insurance options with an agent from Commercial One Insurance Service in Burlingame, CA, you can get a better idea of the type of coverage you need. A good policy will protect your interests in the following areas:

Dwelling

Dwelling coverage includes your home and any structures attached to it, like your garage. Your policy should protect your dwelling against significant risks where you live. These risks could include fire, rain, windstorms, theft, vandalism, smoke damage, lightning, etc. In addition to your structure, your policy should cover your home’s plumbing, HVAC system, and electrical system. You should get sufficient dwelling coverage to rebuild your California home if it were destroyed in a catastrophe.

Personal Property

This coverage protects your personal goods ranging from clothing to electronics and anything in between. If you get coverage for replacement value, your insurer will pay to have your belongings replaced if they’re stolen or lost, without deducting for depreciation. This could save you thousands of dollars in replacing these items on your own.  

Liability

If you entertain often, you’ll need sufficient liability coverage. This insurance covers the medical expenses of people who get hurt while visiting your property. A friend may slip in the kitchen while helping you cook or trip over a cable and sprain his ankle. Your liability coverage could avert a lawsuit to compensate for injuries accidents can cause.

Loss of Use

A major disaster could force you out of your home while repairs are made. This coverage pays for your living expenses while you’re away. This could include the cost of a hotel, meals out, laundry services, etc.

For information on home insurance policies and costs, contact us at Commercial One Insurance Service in Burlingame, CA.

Teens, Scale of Their Driving, & Your Policy

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Insurance is about risk, and teens as drivers are definitely in the category. However, simply having a teen driver doesn’t automatically mean the same risk across the board. For example, a teen who drives a car only on the weekend has a statistically lower accident risk than one who drives a car every day on a commute. This distinction matters a lot, especially when it translates to a premium difference on the car owner’s wallet. Unfortunately, many folks don’t fully understand how risk is rated for car insurance. So they either don’t let their teen drive the covered car at all, hoping to avoid a significant cost increase, or they opt for the largest cost category of frequent driving which may not apply to how often the car is used by a related teen. Both end up mismatching an insurance policy with the actual need.

The best thing a teen parent can do with their car insurance policy in Burlingame, CA is to first have a sit down with Commercial One Insurance Service. Everyone, including insurance agents, understands the need to match a policy to one’s reality. And the folks at Commercial One Insurance Service can take a variety of options and provide real choices for parents. Teens should and need to drive. It is the time when they learn how to interact with the adult world before going out on their own. But that doesn’t mean your car policy has to be priced at a Fort Knox level. Give your local Burlingame, CA agent a call at Commercial One Insurance Service today and relax with a policy that makes sense for your whole family.

When Can You Claim Your Warehouse and Logistics Insurance?

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Most business people get warehouse and logistics insurance as additional coverage for their businesses. The insurance coverage, however, has some unclear areas. The insurance coverage options are meant to protect business owners from workers’ compensation claims, employment practices liability, and bonding surety. At Commercial One Insurance Services serving the Burlingame and Los Angeles, CA areas, we write quotes for warehouse and logistics insurance policies.

The following are some of the reasons when you can claim your warehouse and logistics insurance:

Negligence When Handling Goods In a Warehouse

Warehouse legal liability insurance coverage serves as third-party coverage. If a warehouse operator handles goods without care, your customers may incur losses. The coverage helps to pay the customer for the loss only if a warehouse operator has indeed handled the goods with negligence. The negligence is usually characterized by factors such as inappropriate storage or labeling

In Case Of Property Loss

Commercial property logistics insurance covers you in case of property loss or damage. You can make a claim to receive financial compensation.

In Case A Worker Gets Injured At Work

Workers compensation insurance helps to pay for medical fees in case an employee gets injured or sick at work or as a result of their work. If they decide to file lawsuits, it helps to pay for the legal fees.

At Commercial One Insurance Services, we help our clients get the quotes that are able to suit their needs. We write insurance policies for life insurance, home insurance, warehouse and logistics insurance, commercial insurance, trucking insurance, and auto insurance. We offer our services in California, Nevada, Virginia, and Georgia. Our agents are friendly, knowledgeable and professional and we have 20 years experience.

Visit our offices or contact us at 650-652-9988 to discuss a new quote if you are in the Burlingame or Los Angelas, CA area.

3 Facts About Home Insurance

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Typically, when you borrow money to purchase a home, your mortgage lender will require you to buy home insurance to protect their interests and safeguard your asset. Your home is a valuable asset that you must do whatever you can to protect it from unforeseen future risks. Commercial One Insurance Services offers comprehensive homeowners’ insurance policy to all homeowners in Los Angeles, CA and the surrounding areas.

Unfortunately, most of the homeowners don’t understand what a typical homeowners’ insurance policy is all about and how it works. Here are the top three facts about home insurance that every homeowner should know.

There are Different Types of Home Insurance Policies

Although homeowners’ insurance policies are pretty standard across the United States, some providers or states may offer slightly different policies. The prominent home insurance policy is the HO-3 which protects from all common disasters except any disaster that has been excluded from the policy. This means that you will not be covered for any disaster that is not listed in the policy. 

There is also the HO-5 policy which protects both your home structure and personal property against all common disasters. The HO-6 Policy only covers your home structure against specifically named disasters.

Home Maintenance is Critical

Home insurance providers will always want to ensure that your home is in good shape before they cover you. Some insurance companies will deny a claim if they discover that damage occurred due to neglected maintenance activity. So, make sure you conduct regular roof inspections to establish any signs of roof leakage and keep your trees well-trimmed to avoid trouble with your provider when damage occurs.

Not All Damages Are Covered

Your standard homeowners’ insurance provides you with many protections such as protection of your home structure, personal belongings, liability, and loss of use. However, it does not cover everything in your home. Some home insurance policies state that for something to be protected, it must be accidental and sudden.

For instance, if your home has a leaky faucet that caused damage over many months, it will probably not be covered since you ignored proper maintenance. Also, specific natural disasters such as earthquakes and floods are not covered.

Are you a homeowner in the Los Angeles, CA area? Contact Commercial One Insurance Services today for a homeowners’ insurance policy