Does Your Home Bakery Require Commercial Insurance?

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You love baking, and you’ve decided to start a business making baked goods in your community. In order to protect your efforts, it’s important that you have the right kind of insurance coverage. At Wai Cheng Insurance Inc., serving the Bay Area, CA our team is here to help you rest assured that your hard work and business are protected if the unexpected occurs. 

What is Commercial Insurance?

Also known as business insurance, commercial insurance refers to policies that protect businesses instead of individuals. If you have an official business (beyond baking occasionally for family and friends), it’s important that you work with a qualified agent to find a commercial insurance policy that provides the right amount of coverage for your needs. 

What Does Commercial Insurance Cover?

The specific coverage limits of your commercial insurance policy are individual. Many people with commercial insurance use their policy in the event that their business experiences a lawsuit, an accident, or is affected by a natural disaster that causes them to lose physical property or business opportunities. If you experience one of these events, it’s important that you reach out to your commercial insurance agent to learn whether it makes sense to file a claim. Remember, providing your insurance agent with information does not necessarily mean you have to file a claim–it simply provides you with more information to decide how to move forward.

Call Today To Discuss Your Options

As a small business owner, you know that it’s important to protect your hard work, and we’re here to help. At Wai Cheng Insurance Inc., our Bay Area, CA team is here to work with you to help you find the policies that are right for your business. Stop by or reach out to us today to talk with an agent and learn more.

Haunted Houses and Other Scary Locales May Want Umbrella Insurance

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Running a haunted house in the Bay Area, CA can be a fun and profitable experience when done properly. At Wai Cheng Insurance Inc., we can provide you with the insurance help that you need to make sure that your facility is properly protected and safe from any financial issues.

Home Insurance May Not Cover Your Needs 

If your haunted house is a real home (even one in which you live), your current homeowner’s policy might not be good enough. That’s because your liability is negated when you ask for entrance fees. Furthermore, any haunted houses or scary facilities that aren’t real homes can’t have this policy type.

That’s because home insurance coverage can’t apply to a non-residential home. Even if the facility you own is a house, if it’s used primarily for commercial purposes, a standard residential policy is not applicable. Instead, it’s important to upgrade to commercial protection to keep yourself safe.

You’ll Need Commercial Coverage 

A commercial insurance policy can help you with haunted houses by providing things like liability protection. Liability is particularly important because it pays for injuries or damage to others in your house. Other protection, like comprehensive policies, can pay for damage to the house itself.

It’s important to make sure that you consider the potential risk of making your haunted house "interactive." By this, we mean actively trying to scare people with actors and performers. If you go this route, umbrella policies might be essential to mitigate potentially high liability dangers.

Schedule A Consultation Today

Our team at Wai Cheng Insurance Inc. can help you get the coverage you need for your fun haunted house. It’s important that your Bay Area, CA asset gets this protection to ensure that you don’t experience any liability or damage problems, so make sure you call us today to get help right away!

Is Home Insurance Required in California?

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If you own a home in beautiful sunny California, you may be wondering if home insurance is required. While the state does not require you to have home insurance, your lender or mortgage company may require you to do so. Even if you are not required to have a home insurance policy in place, it’s a great idea to have one anyway for the peace of mind it brings in knowing that one of your largest investments is protected properly. Our agents at Wai Cheng Insurance Inc. serving the Bay Area, CA region are ready to assist you with all of your home insurance needs.

What Does Home Insurance Cover?

You cannot predict the future which means you do not know when a fire will break out at your home or a natural disaster will occur. With the proper amount of home insurance in place, you will know that you can repair or rebuild your house if one of those types of incidents occurs or if someone vandalizes your house or commits theft.

A good home insurance policy will not only cover the structure of your house but any outbuildings, such as privacy fences, garage, or shed, that are on your property as well as your personal belongings. The contents of your home are just as important as the house itself and a home insurance policy will replace your personal belongings, such as clothing and toiletries, furniture, appliances, electronics, and more if it covered event happens.

Keep in mind that most home insurance policies do not cover flooding or earthquakes. If you think you need those types of coverage options, they can be added to your main home insurance policy.

Consult With Us

Contact our agents at Wai Cheng Insurance Inc. serving the Bay Area, CA region today to get your home insurance policy started!

Eco-Friendly Driving in the Bay Area: How Auto Insurance Can Reward You

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As more and more motorists are making the switch to eco-friendly vehicles, Bay Area drivers find themselves wondering how these policies can reflect their current needs. This is where the guidance of Wai Cheng Insurance Inc.’s experienced insurance agents can benefit Bay Area, CA drivers. To learn more about how auto insurance policies can reward the eco-friendly motorist, please be sure to read on.

Helping The Environment

First and foremost, those who engage in eco-friendly driving practices and obtain an insurance policy that aligns with these needs are doing their part to help the environment. These policies provide drivers with the incentive to purchase greener vehicles as well. By taking these crucial steps to diminish their carbon footprint, Bay Area drivers are able to enjoy the peace of mind that comes with knowing that they have done all that they can.

Potential Tax Credits

An eco-friendly driver who takes the time to obtain the proper insurance policy is also opening themselves up to a wide range of potential tax credits. Our team will explain all of these advantages to a motorist before they sign on the dotted line, letting them know more about various California initiatives, such as the Clean Vehicle Rebate Program.

Similar Policies To a Conventional Vehicle

Some may be reticent to shop for an eco-friendly auto insurance policy, believing that the process will be much different from insuring a conventional vehicle. In reality, nothing could be further from the truth. While there are various advantages available, that does not mean that the policies are going to be vastly different from the ones you are accustomed to.

Consult With Us

At Wai Cheng Insurance Inc., our primary objective is a simple one: helping Bay Area, CA motorists find the policy that is best suited to their needs. If you have any additional questions about how auto insurance can benefit the eco-friendly driver, feel free to give us a call or stop by as soon as possible.

Do Rideshare Operators Need Commercial Insurance?

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Wai Cheng Insurance Inc. is dedicated to providing the residents of Bay Area, CA with top-quality insurance products for commercial needs. If you would like to learn about the range of products and services we offer, don’t hesitate to reach out to us, and we will provide you with the information and assistance you need to get Reliable Insurance protection.

Commercial Insurance Protection 

Freelance operators and rideshare contractors must carry a specific level of commercial auto insurance if they work for major companies such as Uber and Lyft. If you’re a rideshare provider or considering this line of work, you’ll need assistance choosing the right type of insurance coverage to meet company specifications.

Having the right Insurance not only protects you but protects your riders too. If you want to learn more about commercial auto insurance or any of the products or services we offer, you can count on our experienced team of professionals to give you the information and support you need.

If you want a commercial insurance policy, we can outline the terms and conditions, so you can be an informed consumer. We assist with obtaining the insurance policy and provide you with support for any future changes during the lifetime of the policy and claim submissions.

Reach Out Today 

If you would like assistance learning more about commercial auto insurance or any commercial policies we provide, we will be happy to help. Please feel free to call or stop by the Wai Cheng Insurance Inc. office, proudly serving the residents in and around the Bay Area, CA region. Get the insurance protection you need to feel confident while participating in a rideshare driver program.

From Earthquakes to Wildfires: Why Umbrella Insurance is a Must-Have for Californians

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While living in California is a dream for many Americans, there are also a few downsides to living in the Golden State. California is prone to natural disasters like earthquakes and wildfires that can wipe out a family’s home and bank accounts– in an instant. Umbrella Insurance can add an extra layer of insurance coverage that can mitigate risk and help reduce out-of-pocket expenses caused by natural disasters. 

Having the right umbrella insurance policy in place can help Californians shield their wallets against unexpected out-of-pocket expenses that can devastate their personal finances. 

A licensed insurance agent at Wai Cheng Insurance Inc. in Bay Area, CA can provide the best information about how to add umbrella insurance coverage to your existing home insurance or automobile policies in California. 

Why Umbrella Insurance is a Must-Have for Californians

Damage to homes and property are primary reasons why more Californians are opting to boost their insurance coverage by getting umbrella insurance.

Recovering from the damaging effects of a total loss of a home or property can take years without the right insurance in place. Loss of valuables, nearby property damage, and other legal liabilities that stem from natural disasters and other related perils are additional reasons why having umbrella insurance is crucial for people living in high-risk areas. 

Don’t get caught without umbrella insurance! 

Talk to a knowledgeable and friendly umbrella insurance agent at Wai Cheng Insurance Inc. in Bay Area, CA instead. Our licensed agents and supporting insurance team can help you and your family make the best decisions about choosing an umbrella insurance policy as an add-on to your existing insurance policy. 

Contact an agent today to learn about your coverage options and get a free quote! 

Is having a home insurance plan always a good idea in California?

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One of the best investments that someone in the Bay Area, CA area could have made in recent years was to purchase a home. This area of the country has continued to see sizable increases in property values, which has made it a great place to own real estate. If you are going to purchase a home in this region, you will want to have insurance for it for multiple reasons. 

Protect Your Home

A great reason to have a home insurance plan when you are here is that it can ensure you are able to protect your property. There will always be a risk that your home could be damaged in a fire, accident, or bad storm. If you are not insured, you will need to cover the costs out of pocket. With insurance, you will have the support needed to cover these costs. 

Reduce Liability Risks

It is also a good idea to get a home insurance plan to reduce your liability risks. If you own a property, you can be held liable if there are damages resulting from an accident on your property. If you are not properly insured, you will not have support. Your home insurance plan will provide a certain level of personal liability coverage in these situations. 

Reach Out To Us

No matter where you live in the Bay Area, CA area, you will want to have the right insurance in place for your home. When you are looking for a new home here, it would be smart to call our team at Wai Cheng Insurance Inc. At Wai Cheng Insurance Inc., we know the complexities and importance that come with choosing a home insurance plan. With our support, you can build a policy that is ideal for your situation. 

Will my auto insurance cover the damage from the tree that fell on my car?

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Fortunately, auto insurance covers many situations and circumstances ranging from personal injuries and damage to other people’s property, as well as damage to your own property. Although most states require drivers to carry auto liability insurance, there are other forms of auto insurance that cover a wide range of other circumstances and situations.

Our Bay Area, CA team at Wai Cheng Insurance Inc. is committed to helping California drivers get the insurance coverage they need.

Will my auto insurance cover the damage from the tree that fell on my car?

As a California driver, you are required by law to carry the state minimum auto liability insurance coverage. However, this coverage only covers damage or personal injuries you may cause to others. It doesn’t cover any damage to your vehicle, your injuries, or any non-moving incidents that may cause damage to your vehicle.

However, there are other forms of auto insurance that cover all of these situations. Any damage your vehicle may receive as a result of poor weather conditions, falling branches or limbs, or any number of non-moving situations or accidents is covered by comprehensive auto insurance. This is the only kind of auto insurance that will cover any incident that involves damage as a result of a natural disaster, vandalism, or theft.

Other Forms of Coverage

Comprehensive insurance coverage provides protection from accidents and damage caused by non-moving accidents and circumstances, meaning incidents that happen while your vehicle isn’t being driven. Collision coverage covers the repair or replacement of your vehicle if it is damaged in a car accident. 

Looking for Insurance in Bay Area, CA?

If you have more questions regarding auto insurance and what’s covered, call us at Wai Cheng Insurance Inc. We’d be happy to help you explore your options and answer all of your questions. 

The Top 4 Risks Your Business Needs Commercial Insurance Coverage For

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Our team at Wai Cheng Insurance Inc understands that running a business in the Bay Area, CA is hard enough – the last thing you need to worry about are potential risks. That’s why commercial insurance coverage is essential for protecting your business from unexpected and costly damages, losses, or lawsuits. 

Let’s take a look at the top four risks your business needs commercial insurance coverage for: 

Risk #1: Property Damage and Losses 

From natural disasters like wildfires and floods to theft or vandalism, property damage can be devastating for any business. A comprehensive commercial policy will cover physical assets such as buildings, furniture, inventory, and equipment in the event of an accident or disaster. Without it, your company could be left to shoulder the entire cost of repairs or replacements. 

Risk #2: Liability Claims and Lawsuits 

Accidents can happen anytime, anywhere – and if someone is injured on your property, you will be liable for medical costs, damages, or other expenses. A commercial insurance policy provides the financial protection needed to cover these claims and lawsuits, so you won’t have to worry about a costly legal battle. 

Risk #3: Business Interruption and Loss of Income 

If an accident or disaster forces your business to close its doors temporarily, income will be put on hold while you rebuild. Thankfully, some commercial policies provide coverage for lost income during this downtime period, allowing companies to get back on their feet faster after difficult times.  

Risk #4: Cyber Attacks and Data Breaches 

Given the rise of cyber attacks, data breaches are becoming more and more common. This means that sensitive information like customer records, financial data, or employee information can be exposed to malicious actors who use it for their own purposes. A commercial policy with cybersecurity coverage will help protect your business by providing funds for recovery efforts in the event of a breach. 

We Can Help!

At Wai Cheng Insurance Inc, serving the Bay Area, CA, we understand how important it is to have protection against potential risks. Our experienced insurance agents will work with you to find a commercial policy that fits your business needs. With our help, you can rest easy knowing that your company is covered in case of any unexpected damages, losses, or lawsuits. Contact us today to get started! 

How Home Insurance Protects You

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Everyone who owns a home should have home insurance from the first day that they own the home. That policy should stay in effect until the day they sell their home. A homeowner should never be without these policies so that they are always well protected. To get a policy for your home, call us at Wai Cheng Insurance Inc. in Bay Area, CA. 

Why Home Insurance

Protection for Your Home

Your home is your most important asset, and you need to protect it with a home insurance policy. These policies offer protection against a number of risk types from accidents to specific disasters. When an event happens that damages your home, you could be out many thousands of dollars in repair costs. The policy will pay for those repairs so it won’t all be up to you to come up with the funds. 

Protection for Your Liability

Another type of home protection offered by this insurance is the liability coverage it includes. When someone from outside your household comes in and has an injury in your home, you would be liable for all of their costs. This may include the legal costs, lost wages, and any medical bills that stem from the accident. 

Protection for Your Possessions

When you have home insurance, it also protects all of the possessions that you have inside your home. A damaging incident like a natural disaster can ruin your possessions or completely destroy them. When this happens, the policy will be there to pay for you to get the items you need to replace what you lost. Your possessions add up to a lot of value, and they need protection just like your home does. 

Protect Yourself With Home Insurance

If you own a home and need insurance for it, call us at Wai Cheng Insurance Inc. in Bay Area, CA.

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