Common types of commercial insurance

Commercial insurance is not just one type of insurance. It is customized to your particular business. If you don’t have company vehicles, you don’t need commercial auto insurance. When it comes to making sure you get commercial insurance, which makes sense for your business having an insurance agent who knows you and your business helps. At BayShield Insurance in San Jose, CA, we are independent agents committed to giving our customers reliable coverage at reasonable prices. 

When it comes to commercial/business insurance, some types are more common than others and more universally helpful. 

Commercial liability insurance

When people visit your business location, you run the risk of someone being injured in an accident. People can also be injured by a product you create as part of your business. Being sued can cost you your livelihood if you are under-protected. 

Commercial property insurance

Damage by a covered event to your business building can put you out of business temporarily and even permanently if you are not covered. This insurance covers the building itself, your inventory, office equipment, and machinery. 

Business interruption insurance

If something happens that makes it impossible to do business, this insurance will help you save your business by providing the money you need for day to day expenses and salaries. Be sure to read the exclusions. 

When you are looking for the right commercial insurance for your business, no matter how big or small your business is, you want to have coverage that offers you only the protection you need. At BayShield Insurance in San Jose, CA, we work with our clients to ensure the commercial policy we write for them makes sense. Come in and sit down with one of our team to discuss your need and get a free no-obligation quote.

What is the point in having home insurance?

You cannot predict when and how severe a disaster will affect your home, but you can plan for how you will recover. This is exactly why most people insure their homes. If you’re interested in keeping your home in San Jose, CA protected, consider checking out what BayShield Insurance has to offer.

Any Kind of Disaster

You never know when mother nature will rock your home and cause damage, whether to the structure or stuff inside. Home insurance can include coverage up to a certain amount when this happens. Please note that home insurance typically excludes flooding and earthquakes. Speak with our agents about those types of coverage.

An unfortunate disaster doesn’t always come from mother nature, but also people. Your property could become the target for vandalism or theft that could leave you in a financial rut. Depending on the exact terms or coverage limits, it would be wise to have a home insurance policy ready for this.

Your Liability

While your home is yours, there is still a legal liability for when you invite people within. Suppose you are found liable for an injury while on your property, your insurance would pay for the damages up to a certain amount instead of it coming straight from your pocket. Limits can be raised much higher than the default if your property value and lifestyle deems it necessary.

Staying Within Terms of your Mortgage

More likely than not, the terms of your mortgage will obligate you to maintain homeowner’s insurance at the risk of foreclosure. Usually, this will be done at the lender’s end, but if not, you will have to maintain your own policy.

I think you get the gist of why you need home insurance. As shopping around for a policy in San Jose, CA is quite tedious with all the options available, we’d recommended checking out BayShield Insurance to see if we have a plan that fits your lifestyle.