If you are like many entrepreneurs, you have thought about starting a home-based business. This model is convenient and saves you significant operating expenses. A home-based business is excellent, but you may be at a crossroads regarding the insurance needed for your business. Since you have home insurance, you may wonder whether you need additional coverage.<\/p>\n
The reality is that home insurance offers limited protection for your business. Home insurance is confined to your home structure and its contents. Your typical home insurance doesn’t cover any liability claims and other losses incurred in your business. Jim Boyce Insurance in Matthews, NC, recommends the below commercial insurance options for your home-based business.<\/p>\n
This coverage covers you when accused of causing losses to third parties. Since home liability insurance doesn’t cover business-related claims, you must purchase general liability insurance to protect your business when accused of property damage, advertising, or bodily injury.<\/p>\n
Home insurance provides limited coverage to your business property. Please consider commercial property insurance if you want all-rounded protection for your business assets. This policy compensates you when loss or damage happens to your business assets.<\/p>\n
Home insurance won’t protect your business against cybercrimes. Invest in cyber insurance if your business stores sensitive customer data or has a heavy online presence. This policy cushions you financially when you encounter a cyberattack.<\/p>\n
Do you offer professional services such as legal advice, accounting, or auditing? Invest in professional liability insurance to protect yourself when accused of negligence or missed deadlines.<\/p>\n
Want to protect your home-based business in Matthews, NC? Please talk to Jim Boyce Insurance. We will offer a business insurance policy that meets your budget and other business needs. <\/span><\/span><\/span><\/p>\n","protected":false},"excerpt":{"rendered":" If you are like many entrepreneurs, you have thought about starting a home-based business. This model is convenient and saves you significant operating expenses. A home-based business is excellent, but you may be at a crossroads regarding the insurance needed for your business. Since you have home insurance, you may wonder whether you need additional […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[5,11],"class_list":["post-183","post","type-post","status-publish","format-standard","hentry","category-home-insurance","tag-jim-boyce-insurance","tag-matthews-nc"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.jimboyceinsurance.com\/blog\/wp-json\/wp\/v2\/posts\/183","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.jimboyceinsurance.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.jimboyceinsurance.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.jimboyceinsurance.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.jimboyceinsurance.com\/blog\/wp-json\/wp\/v2\/comments?post=183"}],"version-history":[{"count":1,"href":"https:\/\/www.jimboyceinsurance.com\/blog\/wp-json\/wp\/v2\/posts\/183\/revisions"}],"predecessor-version":[{"id":184,"href":"https:\/\/www.jimboyceinsurance.com\/blog\/wp-json\/wp\/v2\/posts\/183\/revisions\/184"}],"wp:attachment":[{"href":"https:\/\/www.jimboyceinsurance.com\/blog\/wp-json\/wp\/v2\/media?parent=183"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.jimboyceinsurance.com\/blog\/wp-json\/wp\/v2\/categories?post=183"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.jimboyceinsurance.com\/blog\/wp-json\/wp\/v2\/tags?post=183"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}