Have a Home-Based Business? Is It Properly Insured?

Home-based business are becoming rampant in today’s society. While you may enjoy working from the comfort of your home, you need to consider protecting your business from unforeseen contingencies. Having a homeowner’s insurance policy in Arizona does not guarantee you protection because the policy is not designed to cover business activity.

Therefore, if you operate a business out of your home, you need to ask yourself the following important questions:
•    Do I get visits from customers to my home?
•    Would I lose my source of income if I had to close my business because of damage to my home?
•    Do I preserve client or employee records on my computer?
•    Do I maintain inventory or supplies in my premise or at off-site job locations?
•    Do I have employees working from my home?

If the answers to these questions are positive, then consider a homeowner’s policy from Shaner Insurance Group, Inc. Arizona. With the appropriate coverage, your business could be financially accountable for any damage in terms of employee injuries, data loss, lawsuits and property damage.
Home-based businesses can range from small consulting practices to large online retail operations. For this reason, Shaner Insurance Group offers different coverages that can cater for the needs of any home-based business in an economical manner. These coverages include:

General Liability Policy– this coverage is suitable if you don’t have inventory or equipment in your home. It protects you from lawsuits as a result of personal injury, negligence, or faulty products.
Business Owner’s Policy – it covers structures on your property, damage to inventory, or loss of business income because of harm brought about by high winds or fire. A standard business owner’s policy puts together property and liability coverage.
Business Owner’s Policy with Endorsements – you can customize your business owner’s policy with extra endorsements such as Data Breach if you maintain personal information regarding your clients.

Feel free to contact Shaner Insurance Group, Inc. for more information about insuring your home-based business in Arizona.