Home Based Business Insurance
Home Based Business Insurance is not in itself a type of insurance, but rather a collection of insurance policies that businesses operating out of a home may need specifically for their business. This means that your personal insurance policies will not cover your business (unless a special coverage is added onto the policy). It’s important to understand that a Home Bases Business requires Commercial Insurance for business owners working out of their home.
Whether your home-based business is big or small, you are part of one of the fastest growing commercial segments in America. It is also important to know that your standard Homeowners policy may not cover items and incidents that relate to your business, which is why Home Based Business Insurance is a smart decision to maintain a viable home-based business for years to come.
The type of coverages you need for your home-based business depends on what specifically your business or industry is and what operations you are performing/managing. This is why it is incredibly important for home-based business owners to work with insurance professionals who can educate and provide them with detailed information regarding the types of coverage they may need to acquire. At Lions & Coventry insurance Services, we have agents trained to do just that.
An In-Home Business policy from Lions & Coventry Insurance Services can cover:
- Professional Liability
- Personal property used for business operations
- Loss of income due to a covered event
- Loss or damage to business records and inventory
Depending on your business needs and living situation, you may also qualify for additional services to round out your In-Home Business Insurance, including combined coverage with your Homeowners policy.
Talk to a representative at Lions & Coventry Insurance Services today to learn more and to create the perfect plan to address all of your business needs.