It is a common mistake of people managing home-based business’ to assume that the risk of a liability is eliminated by working out of the home. Nothing could be farther from the truth. Like all business owners, you should not be complacent in isolating your business liability from your personal liability. Of course this all starts with how you set up your corporate business structure, however, regardless of how you organize, some degree of a home based business insurance is essential protection for every single business owner.
While you ensure that you provide the best services to your clients from your home office, you also need to have a policy in place to protect you against risks while you do such kind of business. The home based business insurance in VA, MD, DC offers a comprehensive coverage no matter how complex or simple your business is. The liability for customer injuries, loss of critical records, damages to business equipment as well as professional liability claims will be covered by this insurance policy making you deal with all these things with ease.
One reason why owners of home-based businesses forgo purchasing an insurance policy is because they are confused over what may be already covered by their existing home insurance or a renters insurance. However, most if not all home-based business owners have little or no coverage from those insurance policies. For this reason, it is best that you consult with an expert of TriState Business Insurance to determine what has been included or not in the coverage, thereby preventing redundancy and reducing expense.
To learn more about insuring your home business, contact TriState Business Insurance.