Home & Auto
While most homeowners insurance policies do cover a limited amount of business equipment—computers, copiers and printers, to name a few—it's likely that what you own is worth more than your policy's limits. Also, your homeowners liability insurance probably won't cover any injuries that may occur to the employees or clients that you have on your premises. What’s a home-based businessperson to do?
A homeowners insurance policy is designed to cover personal exposures – not business exposures.
Common coverages for a home-based business in Ontario include personal business property, professional liability, business income, personal and advertising injury, loss of business data, crime, theft and auto coverage. Depending on the type of home-based business you have, not all coverages apply, and other coverage options may be available.
Based on your business needs, you have three basic coverage options, depending on your level of risk:
Properly insuring your home-based business is crucial to protecting both your business and your home. At Scrivens, we understand the small business owner’s personal and business needs, and can help you tailor coverage that’s as unique as the products and services you provide. Contact us today at 613-236-9101 to learn more about how we can help you insure your home business.