Consider the potential challenges and changes that may occur during a business expansion project. Adjusting your commercial insurance policy accordingly is crucial to ensure adequate coverage.

Business Expansion Project

A business expansion project can disrupt your normal work schedule and require modifications in how customers and employees access your property. Your liability risk may increase during the project, and your business may also be exposed to criminal activity and vandalism.

Access To Your Property

Identify which areas will be inaccessible during the project and clearly mark areas for your patrons and workers to use. Recognize risks that could result in an injury. Adding liability protection to your commercial insurance policy is imperative if it’s impossible to prevent people from coming close to the expansion efforts. This protection will cover you in the event of an injury or accidental damage during the project.

Protecting Materials

The new materials used for your business expansion could become damaged during construction. Simple coverings may not be sufficient to keep the materials clean, dry, and damage-free. Consider the risk of bad weather damaging materials not stored in a waterproof structure. Include these materials in your commercial insurance policy.

Guarding Against Criminal Activity

Add vandalism and theft protection to your policy. If any materials are altered or stolen, this protection will cover the cost of material repairs and replacements.

Updating Your Commercial Insurance

Don’t risk inadequate commercial insurance protection during a business expansion project. Consult with one of our agents at Allied Brokers Insurance Agency Inc., an agent serving Palo Alto, CA, who will be happy to assist you.

At Allied Brokers Insurance Agency Inc. in Palo Alto, CA, we know that the process of starting a business begins well before you get the keys to your commercial property. Protecting your business matters well before the company is a physical reality, as well. As soon as you start contemplating opening a business, looking into the types of commercial insurance that may benefit you can be a good idea. While only you can decide when is the right time to check out commercial insurance, our tips below will help you decide if today is a good time for you.

When to Look at Commercial Policies

Looking at commercial policies differs from choosing one and signing all the necessary paperwork to get it into place for a business. As a result, you can research commercial protection at any time. Even if you’re early in the business planning stages, you’ll want to know what policies are available and which ones are necessary for your industry so you can bake protection from liability, theft, and more into your business plan from the start.

Knowing about worker’s compensation insurance is crucial for those who intend to have one or more employees. Businesses with a company vehicle will want to know about commercial auto policies. As you can see, commercial insurance is about more than protecting businesses with a one-size-fits-all approach, so you shouldn’t wait until the last minute to begin your research. Inquiring about commercial policies early will make you feel confident in making the right choices down the road.

To learn more about how we can help protect your current or future business, call our Allied Brokers Insurance Agency Inc. team in Palo Alto, CA, today!

Operating a home-based business offers flexibility and convenience, but it also comes with unique risks. While your homeowners’ insurance may provide some coverage, there are circumstances where it’s essential to consider purchasing commercial insurance for your home-based business. At Allied Brokers Insurance Agency Inc., providing commercial insurance in the greater Palo Alto, CA area, we want to help educate home business operators about when they should explore commercial insurance options.

Client-Facing Business Activities Key Consideration

If your home business involves regular interactions with clients or customers on your premises, commercial insurance becomes crucial. It can protect you in case of client injuries or property damage during business-related visits.

Specialized Equipment or Inventory Key Consideration

If your home-based business requires specialized equipment or you maintain a significant inventory, commercial insurance can provide coverage in case of theft, damage, or loss. Your homeowners’ policy may have limitations in this regard.

Business Liability Key Consideration

Commercial insurance offers valuable liability coverage. If your business activities result in a lawsuit or claims for negligence, commercial insurance can protect your personal assets, which may not be the case with homeowners insurance.

Schedule A Consultation Today

Home-based business operators should consider purchasing commercial insurance when their business activities involve client interactions, specialized equipment, or inventory or when they want to safeguard their personal assets from business-related liability issues. Commercial insurance tailored to your home-based business can provide peace of mind and financial protection, allowing you to focus on growing your enterprise with confidence.

Many home business operators can benefit from commercial insurance. Let the team at Allied Brokers Insurance Agency Inc., serving the greater Palo Alto, CA area, help you find the best commercial insurance products for your visit. Reach out to us today to discuss your business needs. 

If you’re a business owner in the Palo Alto, CA area and use your car for business purposes, you may wonder if commercial insurance covers your personal errands. The answer is that it depends on the type of policy you have. Allied Brokers Insurance Agency Inc. explains the different types of commercial car insurance policies available and how they can cover personal errands. 

What Is Commercial Car Insurance? 

Commercial car insurance is a type of policy designed to protect vehicles used for business purposes. This type of coverage typically includes liability, collision, comprehensive coverage, and other options like roadside assistance and rental car reimbursement. The cost of these policies varies depending on what kind of coverage is chosen and how many cars are being covered. 

Does Commercial Insurance Cover Personal Errands? 

The answer to this question depends on what type of commercial insurance policy you have. Commercial auto policies do not provide coverage for personal errands or pleasure trips, but some offer limited coverage for such activities. It’s important to speak with one of our experienced agents to ensure you get the right coverage for your needs. 

If you need coverage for personal errands or pleasure trips, there are additional options available through some insurers. You can purchase an endorsement package to add additional protection, such as rental car reimbursement and roadside assistance, or choose a full-coverage policy that provides more extensive protection against accidents and other risks associated with driving a vehicle for business purposes. 

Reach Out To Us

Contact an experienced agent at Allied Brokers Insurance Agency Inc. about purchasing additional endorsements or a full-coverage policy that provides more comprehensive protection against risks associated with using a vehicle for business purposes in Palo Alto, CA.