Home-based businesses are increasingly popular. Not having to pay for a brick-and-mortar location is a big cost saver and allows many people to start businesses that might not be able to raise the money needed to rent a building. At Abney Insurance in Winter Garden, FL, we understand the risks that all businesses face, and we are in a position to help our customers to get the right commercial insurance to protect their business.
Why your home-based business needs commercial insurance
Property coverage
Home property coverage is not designed to cover your business. While you may get some limited coverage from your home policy, it may not be adequate to replace the things that you have lost. You need a commercial policy designed to protect the assets that your business has that may be stored in your home or in your home office.
Liability coverage
If customers or clients are visiting you at your home, you need to have commercial liability insurance to protect you. If someone is injured while visiting you, your home insurance does not protect you. If you get sued by a client or a vendor, this is definitely outside the scope of your home insurance. Commercial liability insurance can offer you the protection that you need to have a viable home business.
Auto insurance
Most auto insurance policies will not cover your vehicle if you are using it for business. Even if it is mostly for private use, you can’t use it for business and expect to be covered.
Business interruption insurance
This insurance can help your business to survive if you are not able to do business for a covered reason. It can save your home business.
Give Us A Call
Contact Abney Insurance in Winter Garden, FL to discuss the types of commercial insurance that your home-based business needs to have to be protected.
