Having a home based business allows you to create your own work schedule and spend more quality time with your loved ones. Owning a home based business also comes with special insurance needs. Make sure that you have the right insurance coverage for your home based business to provide protection in any situation.
There are three aspects to consider when you are looking for the right insurance coverage for your home based business, including:
The value of your equipment depends on the specific industry you are in. Make sure that you have enough insurance coverage to provide protection for all of your equipment in case it is damaged or destroyed.
If you have clients come to your house, liability insurance will provide coverage in case they are injured while on your property. Liability will also provide coverage if someone is injured by the product that you produce.
Industry specific risks. Each industry has ...