If you conduct business in your home, finding the right insurance is part of a solid risk management plan.
Common coverages for home-based businesses include personal business property, professional liability, business income, personal and advertising injury, loss of business data, crime and theft, workers’ compensation, and auto coverage. Depending on the type of home-based business you have, you may not need all of the foregoing coverages, and you may want to look at other coverage options.
Based on your business needs, you have three basic coverage options to choose from, depending on your level of risk:
While most homeowners’ insurance policies do cover a limited amount of business equipment—computers, copiers, and printers, to name a few—it’s likely that what you own is worth more than your policy’s limits. Also, your homeowners’ liability insurance probably won’t cover any injuries that may occur to the employees or clients that you have on your premises. What’s a home-based businessperson to do?
Properly insuring your home-based business is crucial to protecting both your business and your home. At RMC Group, we understand the small business owner’s personal and business needs and can help you tailor coverage that’s as unique as the products and services you provide.
Contact us today at 239-298-8210 to learn more about how we can help you insure your livelihood.