Are You Properly Insuring Your Home-Based Business?

Posted by Adam_Gottlieb under Management
From http://frugalentrepreneur.com 4164 days ago
Made Hot by: HomeBusinessMedia on December 1, 2012 1:17 am

Many home business owners are unaware that their rental, homeowner, or personal auto insurance policies do not fully protect their home business. It’s an oversight that can turn into a costly mistake down the road. Learn how to insure your home business against future loss, liability, or disruption.

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Comments

Written by Adam_Gottlieb
4162 days ago

Thanks, Heather.

I think of the two main reasons why home-based business owners sometimes forgo insurance, that first one about not really thinking that they need it in the first place, is more prevalent. People are running their businesses from home, they're trying to save money, and they don't even consider insurance as a necessary business expense. In many cases though, it's a big mistake.

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Written by HeatherStone
4163 days ago

There are some really important considerations in this post, Adam; in particular, just the realization that home or renter's insurance won't cover your small business operations. This might be common sense, but I wonder how many home business owners really understand it. Thanks for sharing this very important information not just on your blog but with the entire BizSugar community.

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