Too many small businesses in the Virginia, Washington, DC and Maryland areas are home based businesses. IT, business consultants, professional organizers, event planners and caterers are only a few. These small businesses are imperative to local economy as well as our national economy.
But too many home based businesses operate without business insurance. Too many home based business owners hope that either nothing will happen, or that their homeowners insurance will cover any loss. Bad news, homeowners insurance does not cover any loss of equipment, nor does it cover any liability. If you work from home, not only do you need business insurance, but most likely, your standard household insurance may be invalid if you work from home.
Many small business owners who operate out of their homes feel as though they don’t need business insurance, or they can’t afford it. But you have invested much in your business, and in your businesses future, your business should be properly insured. Business insurance can save you and your business from the unexpected.
Every home-based business should be safeguarded with commercial business insurance. Contact TriState Business Insurance for information on home based business insurance.