Small business insurance should be a must for any independent business owner, but companies that are run out of the home also qualify for insurance. At InsuranceHero.ca, we understand the needs of small businesses, and want to make sure that you’re insured in case of any accidents. Whether you run a retail store or a construction head office from your home, it is important to add home business insurance to your current insurance policy.
Why do you need small business insurance?
It may surprise most people to learn that if you run a business of any size out of your home, you need home business insurance. Home based businesses are not covered under general home insurance, and it can be detrimental to the home and the business unless specialized insurance is added. It is written in many home insurance policies that any uninsured businesses may actually void the insurance premium, and will leave you dealing with a significant loss if something were to happen.
Depending on the market of your business, your insurance premium will cover all related business goods. This could be simple as work designated computers and equipment, to sellable goods and marketing materials. The premium will be designed around the needs of your business, not simply given a general coverage amount.
What qualifies for home business insurance?
Home based business insurance is necessary for every business that runs directly out of their home. This can be a business in any industry, at any level, so long as the confines of your house are its main office. If you are employed by another company, yet work from home on occasion, this does not qualify for self-employment insurance.
If you believe that your business qualifies for small business insurance, contact InsuranceHero.ca today! We will match you with a home business insurance policy that allows you to run a safer and more secure business.
