Home-Based Business Owners May Not Have Adequate Insurance Coverage

With increased corporate layoffs, millions of Americans are operating full- or part-time businesses from their homes. If you rely on your homeowners policy as your only means of protection, you may find your business underinsured or uninsured in the event of a loss. These policies were never intended to cover business exposures.

Consequently, coverage for the items you use in your business such as computers, filing cabinets, tools, and inventory are limited to $2,500 in your home and $250 away from home under most policies. Your homeowners coverage provides no liability insurance for your home-based business. IIABA research has shown that at least 60% of in-home entrepreneurs are not properly insured. HBM 

For more information go to www.TrustedChoice.com

V HP: 1/5/11  ADD: 07/10