Many people work from home now and many operate a business from their home – whether it is a full time business or just part time. Either way, do you think your homeowners policy will cover your business? If you said “yes” you would be in for a rude awakening. Your homeowners policy does not cover any liability for your business and most homeowners policies provide a very small amount of coverage for business personal property.
If you work from home or run a business from your home, affordable in home business policies are available.
Without a home business policy, your personal assets are at risk. If someone were to get hurt, you may have to defend yourself in addition to being exposed to any judgment. An in-home business policy will generally provide defense costs in addition to offering up to $1 million in liability coverage. Without a business policy, your personal assets can be at risk.
There are quite a few options out there. Contact us to help discover the options available to you for your business.