{"id":216,"date":"2019-03-11T08:00:00","date_gmt":"2019-03-11T08:00:00","guid":{"rendered":"https:\/\/www.insuremeplus.com\/blog\/?p=216"},"modified":"2019-02-26T22:16:57","modified_gmt":"2019-02-26T22:16:57","slug":"commercial-insurance-for-self-employed-and-home-offices","status":"publish","type":"post","link":"https:\/\/www.insuremeplus.com\/blog\/commercial-insurance-for-self-employed-and-home-offices\/","title":{"rendered":"Commercial Insurance for Self-Employed and Home Offices"},"content":{"rendered":"

Starting a business as a self-employed person is a common way for people to transition from being an employee of others to becoming their own boss. The Small Business Association (SBA) reports that there are over 30 million small businesses in the United States and they employ almost 60 million people. The first employee for a small business may be the self-employed person who starts the business and wants to save money by having a home office.<\/p>\n

The advantages of using part of your home for a home office include not having to pay rent for separate office space and the ability to deduct from your taxes a part of the home expenses for the portion of the home used as office space.<\/p>\n

Home Office Insurance<\/h2>\n

If you are starting a business as a self-employed person and using a home office, it is important to consult with your agent at the Fuhriman Insurance Agency, serving Boise ID and the surrounding area, to get commercial insurance. Any use of part of a home for business means you need the protection of commercial insurance. Do not make the mistake of assuming your home insurance coverage will provide protection because most home insurance policies have exclusions if part of the home is used for business purposes. Talk with your agent to be sure your insurance coverage is adequate.<\/p>\n

Professional Insurance<\/h2>\n

Another type of commercial insurance you may need depends on the type of work you will be doing. Some professions require a state license and need to have professional insurance coverage, which may also be called malpractice insurance or errors and omissions insurance. Examples are personal care professions, such as hair care, skin care, and nail salons. Other professions that need this insurance include general contractors, health care practitioners, attorneys, and those offering financial services such as accountants, real estate agents, stock brokers, and financial advisors.<\/p>\n

Commercial Insurance for Vehicles<\/h2>\n

Also, be aware that you need to have commercial insurance for a vehicle if it is used part or full time for business purposes.<\/p>\n

To be sure your insurance coverage is adequate contact your agent at the Fuhriman Insurance Agency in Boise, ID to get a free insurance review.<\/p>\n","protected":false},"excerpt":{"rendered":"

Starting a business as a self-employed person is a common way for people to transition from being an employee of others to becoming their own boss. The Small Business Association (SBA) reports that there are over 30 million small businesses in the United States and they employ almost 60 million people. The first employee for […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[34,33],"class_list":["post-216","post","type-post","status-publish","format-standard","hentry","category-commercial-insurance","tag-boise-id","tag-fuhriman-insurance-agency"],"aioseo_notices":[],"aioseo_head":"\n\t\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t