Home Businesses Have Unique Insurance Needs

Home Businesses Have Unique Insurance Needs

If you run a business out of your home, it’s important to remember that your standard homeowners insurance policy does not cover losses from your home-based business. In fact, a traditional homeowners insurance policy may cover only up to $2,500 for property used in business in the home and $500 for equipment that is not on the premises. What else isn’t covered under a homeowners insurance policy? A stolen business credit card; a power surge causing the loss of important computer data; and a lawsuit over a business-related matter.

Our goal is to ensure that your dream business at home is protected. The proper coverage for your business may be as simple as adding a home business endorsement to your existing homeowners policy. This endorsement can cover your business property; business liability, including product, personal injury and advertising liability; loss of business income protection; valuable papers coverage; and accounts receivable. Each business will have its own insurance concerns: Do you have a company car? Are you running a day care or similar business? Does your business involve specialized, expensive equipment?

There are insurance options available to help you. If you think you may need coverage, please give us a call. We want you to get the protection you need for your home-based business. We can review your specific business requirements and tailor a business insurance policy to fit your needs and the needs of your business.

Big Change In Your Life? Make Sure You Have Proper Insurance.

Big Change In Your Life? Make Sure You Have Proper Insurance.

Fairfield First Selectman Comments on Governor's Municipal Aid Update

Fairfield First Selectman Comments on Governor's Municipal Aid Update