Today more and more business owners, from accounting practices, hair salons, to professional consulting services, are operating from an office in their principal residence. While there are so many positives, like anything, there are also risks.
Whether or not you already have home insurance, it’s possible that operating your business from home could void your existing homeowners policy.
You may need the appropriate contents insurance to update and/or replace your business equipment, acquire additional liability insurance designed to protect your customers and suppliers who visit your premises, or business interruption insurance to cover lost revenue should you be forced to suspend your business activities due to fire, flood, or other emergencies.
Oegema Nicholson can take you through what you need to know about home-based businesses, and build an insurance program driven by the needs of your particular business operation that will protect you and all of your business-related activities.