Types Of Coverage For Your Business On Home Insurance

When you have a home-based business in Boise, it is important to learn about the different types of coverage. This can ensure that your home and your business are protected, particularly when they share the same roof. Every business is a little different and therefore you need to know about all of your options.

General Liability

General liability is common among home-based businesses. It provides protection in the event someone sues you over something having to do with your business, such as an injury on your property, a claim of negligence, or something else.

Business Property

You may have a lot of business property at your home, ranging from computers to merchandise. This property is likely not covered under your homeowner’s insurance policy and therefore you need to have separate protection against its loss.

Data Compromise

More hackers are targeting small businesses than ever before. If your data becomes compromised, this is the kind of coverage that can help you to recover from a data breach or anything else.

Business Interruption

Your business may be interrupted as a result of a covered loss from your home, such as a fire or storm. This form of coverage can provide you with business income while your home is being repaired so that you don’t experience a catastrophic financial loss. The coverage stops once your home is fixed.

Employment Practices Liability

There are various other types of coverage that you may need as well, and it is dependent upon the type of business that you have. You may require business auto coverage, equipment breakdown coverage, and much more. This is why it can be advantageous to speak to an insurance agent.

At Fuhriman Insurance Agency, we’re here to help you make sense of the insurance needed for your home-based business in Boise.