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Safeguarding Your Home Business With The Right Policies

Safeguarding Your Home Business With The Right PoliciesWhether you are working from home temporarily or just started your business and are working from home until you expand, it is important that you obtain this vital insurance coverage. Many home business owners wrongly assume that their business operations will receive protection through their homeowners’ insurance policy, however, that is not the case. When you own a home-based business, you must ensure that it is adequately protected. Allow these informational points guide you in safeguarding your home business:

  • If you have never purchased business insurance before, give us a call and allow our experienced agents to guide you through the process. Depending on the particular business operations of your home business, you may receive adequate protection through an endorsement to your homeowners’ insurance policy. More extensive business operations typically require a separate home business insurance policy.
  • If your business operations call for an exclusive home business insurance policy, you can obtain this insurance policy for an affordable price. This will provide you with general liability coverage and is an important policy to have if you have any clients visiting your home business. This policy will also provide you with lost income coverage if you are forced to shut down office temporarily due to a covered peril.
  • You also have the option to obtain a Business Owners Policy (BOP). A business owner’s policy will provide you with optimal coverage for your home business. These policies are typically exclusive for home businesses that have extensive operations and require extra liability protection and business income insurance.

Contact Global Financial & Insurance Services in Irving for all of your Texas home business insurance needs. Your home-based business deserves just as much, if not more, protection than any other business. Allow us to safeguard your home business to the fullest with a personalized policy that tends to your exclusive business needs.