Home Based Business Insurance Quotes
There's certainly a lot of freedom when you work from home, but there's also a lot you need to be on top of. Did you know, that standard home insurance may not cover all aspects of a home-based business. Our Home Business Insurance is specifically designed to protect your business, so you can relax and get back to work.
An in-home business policy also typically provides coverage for business materials stored in another structure, such as a shed, on the property, says IRMI. Business Owners Policy. Some home-based business may not be eligible for optional business property or in-home business coverage due to the type of business or its annual revenue, states IRMI.
What it costs. In 2017, the national average cost of a new 12-month business insurance policy through the Progressive Advantage® Business Program ranged from $50 a month for professional liability to $192 a month for workers' compensation.. Your rate is based on the specific types of coverage you need, and that depends on the type of work you do and the risk involved.
Business Property: While many business owners rely on their home insurance to cover damage, loss, and theft of property, all home-based businesses should have business contents insurance in addition to the contents and or property insurance provided by the owner's home insurance.
If you run a business out of your home you may need home-based business insurance to protect you for the things your home insurance policy does not cover. If you run a business out of your home you may need home-based business insurance to protect you for the things your home insurance policy
There are three types of home based business insurance: general liability, professional liability and business owner's policy insurance. General liability insurance for home-based businesses does the following: Protects you if a third-party person makes a personal injury claim against you.