Common coverage for home-based businesses insurance in California includes personal business property, professional liability, business income, personal and advertising injury, loss of business data, crime and theft, workers’ compensation and auto coverage. Depending on the type of home-based business you have, not all coverage applies, and other coverage options may be available.
Based on your business needs, you have three basic coverage options to choose from, depending on your level of risk:
While most homeowners insurance policies do cover a limited amount of business equipment—computers, copiers, and printers, to name a few—it’s likely that what you own is worth more than your policy’s limits. Also, your homeowner’s liability insurance probably won’t cover any injuries that may occur to the employees or clients that you have on your premises. What’s a home-based businessperson to do?
If you conduct business in your home, insuring your business properly is part of a solid risk management plan. Business Insurance California understands the small business owner’s personal and business needs. We can help you tailor coverage that’s as unique as the products and services you provide. Contact us today at (844) 234-5600 to learn more about how we can help you ensure your livelihood.