Certain industries lend themselves well to being home-based businesses. These businesses can include art or photography studios, salons and professional services like accounting to name a few. Having a home-based business can save money in terms of overhead like rent, expensive internet packages and potential city licensing fees.
Another perk of having a home-based business includes having some business equipment covered under your homeowner’s insurance policy. Equipment like computers, software, etc. may be covered under a homeowner’s insurance policy, but that is where the insurance coverage ends. A homeowner’s insurance policy will not cover situations like negligence, libel, injury or assist with legal defense costs for an incident relating to your home-based business. Luckily, there are many insurance options for home-based businesses. Let the licensed insurance professionals at Carr’s Insurance Agency in Hawaii assist you with creating a custom business insurance package for your budget and needs. Carr’s Insurance Agency offers the following business insurance coverages:
- Business Owner’s Policy (BOP)
- General Liability
- Professional Liability
- Workers’ compensation
- Commercial Auto
- And More!