Home Based Business
Home-based business insurance, also known as home business insurance or home office insurance, is a type of insurance coverage designed to protect individuals who operate a business from their home. While homeowner's insurance policies typically provide some coverage for personal property, they may not adequately cover business-related activities or liabilities associated with running a business from home. Home-based business insurance provides additional coverage to protect against potential risks and losses that may arise from operating a business out of a residential property.
Examples of home-based businesses can include:
• Event Planner
• Graphic Design
• Interior decorator
• Mortgage broker
• Pet Grooming
• Travel Agent
Home-based business insurance policies can vary in coverage and may include different types of insurance, depending on the nature of the business and its operations. It typically includes general liability insurance, business property insurance, business interruption insurance, professional liability insurance, and commercial auto insurance, depending on the nature of the business.
This is a typical addition onto the current home policy and rates can be as low as $250 a year. Providing affordable protection when the business is starting out for those that qualify.
Contact Haldimand Insurance Brokers and let an experienced professional work with you to assess your specific home based business needs and find the right insurance policy at an affordable rate.