Frequently Asked Questions
Do I need insurance for my home business?
Homeowner's insurance may not cover all your business needs: Here are a few types of home businesses that may need extra insurance:
Self-employed individuals: If you work from home, you may need home business insurance to protect your business property and equipment.
Small businesses: If you own a small business that operates out of your home, you may need home business insurance to protect your business property and equipment, as well as to cover liability claims.
Freelancers: If you freelance from home, you may need home business insurance to protect your business property and equipment, as well as to cover liability claims.
Contractors: If you contract work from home, you may need home business insurance to protect your business property and equipment, as well as to cover liability claims.
Why do I need to buy home business insurance?
Business insurance will cover your livelihood in case of the unexpected. Here are some of the things that it will cover:
Business property damage: This includes damage to your business property, such as your home office, computers, and equipment.
Business income loss: This covers the loss of income if your business is unable to operate due to a covered loss, such as a fire or theft.
Business liability: This covers the cost of legal fees and damages if someone is injured or their property is damaged on your property while conducting business.
Professional liability: This covers the cost of legal fees and damages if you are sued for negligence in your professional capacity.
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Here are some additional things to consider when deciding whether or not to get home business insurance:
The value of your business property: The more valuable your business property, the more likely you are to need home business insurance.
The risks involved in your business: If your business is located in a high-risk area, such as a floodplain or an earthquake zone, you may need more home business insurance.
Your financial situation: If you cannot afford to replace your business property out of pocket, you may need home business insurance.
Do you offer free consultations to new customers?
Absolutely. Get in touch with one of our agents and we will talk through your business and your insurance needs.