Why Home-Based Businesses Need an Insurance Policy

There are many benefits to working from home. Hours are usually quite flexible, you might be able to work in your pajamas and the kitchen is never too far away. When you build your own business out of your home, however, there are certain drawbacks. It can be difficult to afford the benefits you might earn working for a larger company. Many home-based businesses also fail to consider investing in an insurance policy with Martin Insurance Agency.

Homeowners Insurance Doesn’t Cover It

Your business has certain risks. If you meet with clients regularly, those risks increase. Have you ever thought about what you would do if someone slipped or fell in your office before, during or after a meeting with you? Many homeowners assume their homeowners insurance would cover this, but that’s not always the case. When you’re conducting business, that part of your home is a business and not your home. You would need a business insurance policy with general liability coverage to handle the expenses that could ensue from such a situation.

It’s Time to Evaluate Your Business Needs

If you work from home and do not yet have a business insurance policy through Martin Insurance Agency, it’s probably time to evaluate your business needs. You never know when you might need the help of an insurance policy, but you will likely be happy to have it when you do.