When you run a business out of your home, you may benefit from a Home Business Insurance policy.The knowledgeable insurance counselors at the Irongate Agency can answer any questions you may have about protecting your business and your property. If you run a business out of your home, you may want to purchase insurance that will protect your company and yourself against certain risks. Will customers or clients be going to your home business office? Will any employees be working at your home? Do you keep inventory at your home or at other locations? Where are your employee or client records kept? If your home were damaged, would you have to close your business? Your home business may not be adequately protected by your Home Owner’s or Renter’s Insurance policy.
In certain instances, a homeowner’s policy may exclude business related liability claims, such as when a customer or client is injured on your premises. We are Irongate Insurance Counselors, and we can explain all the types of insurances that will protect your home based business. Solutions from Irongate Insurance Counselors include a General Liability Policy, a Business Owner’s Policy, and a Business Owner’s Policy with Endorsements.
More Types of Business Insurance to Consider
- Workers’ Compensation Insurance
- Property and Liability Insurance
- Homeowners Policy Endorsements
- In-Home Business Policy
- Business Owner’s policy
- Business Income Coverage
- Business Interruption/Continuation Insurance
- Commercial Auto Insurance
- Employment Practices Liability Insurance
According to the Small Business Administration, home-based businesses comprise over half of all U.S. businesses.* Many small business owners run their operations out of their own home and assume they do not need business insurance. Business insurance policies do not have to be prohibitively expensive. In fact, as with other types of insurance, your premium is directly linked to your coverage limits and your policy’s deductible amount. Irongate Insurance Counselors will be happy to sit down with you and explain all your home based business insurance options. Call us today at (860) 658-6500.
*Source: Connecticut Insurance Department