Do You Have the Insurance Coverage...Additional coverage to protect your business is available but...
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Your homeowners insurance alone may not provide enough coverage for your business. Many homeowners policies only cover up to $2,500 for damages to your business property. Your homeowners policy will not cover if a customer gets hurt, if you lose income because of damage to your home, or if your client’s accounts, records or data is stolen. Additional coverage to protect your business is available but you MUST let your homeowners insurance company know so they can help you select an appropriate plan. Do You Have A Home-Based Business? Protect Your Investment @PAInsuranceDept Facebook.com/PAinsuranceDepartment www.insurance.pa.gov 1-877-881-6388
Transcript of Do You Have the Insurance Coverage...Additional coverage to protect your business is available but...
Do You Have a Home-Based Business?Do You Have a Home-Based Business?Do You Have the Insurance CoverageYou Need to Protect Your Business?Your homeowners insurance may provide some coverage for your
business property. But many homeowners insurance policies have
low limits for business property, such as $2,500. Would that cover
all your business equipment?
Your homeowners insurance alone may not provide enough coverage for your business.
Many homeowners policies only cover up to $2,500 for damages to your business property.
Your homeowners policy will not cover if a customer gets hurt, if you lose income because of damage toyour home, or if your client’s accounts, records ordata is stolen.
Additional coverage to protect your business isavailable but you MUST let your homeownersinsurance company know so they can help youselect an appropriate plan.
Do You Have A Home-Based Business?
Protect Your Investment
@PAInsuranceDept
Facebook.com/PAinsuranceDepartment
www.insurance.pa.gov1-877-881-6388
Conduct an inventory of equipment, furniture, and everything you useto operate your business.
Then, meet with your insurance professional to make an informed decision on whether you havethe protection you need.
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??? ?Here Are Some Questionsto Consider...
What Do You Do Next?
Do you have equipment or business inventory atyour home?
Do customers visit your home?
Do you have items delivered to your home?
Would you lose income if your home is damaged by a fire, storm, etc.…?
Do you have employees that work on your property?
Do you keep customers records on your computer or on file?
Do you or employees drive a vehicle for your business?
You should also consult a taxprofessional to discuss anypotential deductions availableto you.
