In-Home Business Insurance

Your homeowners policy is not intended to cover your business exposures. As a result, the coverage may be very limited for items you use in your business. For example, there is a small amount of coverage in your homeowners policy that extends to:

• Computers.
• Fax machines.
• Filing cabinets.
• Tools.

Usually the coverage is limited to $2,500 in your home and $250 away from home under most policies. Your homeowners policy provides no liability insurance for your home-based business. More importantly, there is no general liability coverage for a business under a homeowners policy.

There are several types of insurance policies for in-home businesses. They include:

• Incidental Business Endorsement – an endorsement added to your existing homeowners policy which will cover structures or equipment you use for your business.
• Business Owners Package – a separate policy that includes property and liability coverage.
• In-Home Business Owners Policy – a single policy that some insurance companies offer that combines homeowners and business owners coverage into a single policy.

Our business insurance specialists are available to assist you in determining which coverage is right for your in-home business. Call today for a no-obligation quote.