If you have a home business in which you sell products from your property, you have special insurance considerations that your homeowners insurance probably doesn’t cover.
As part of your business, you may host parties and invite people into your home to purchase your product. Don’t ignore the liability exposures that creates. For example, if someone gets hurt at the party and sues, will your homeowners policy offer coverage? There are often clauses in a standard homeowners policy that exclude protection for business activity.
You may need an insurance policy that covers this liability directly, as well as protects your inventory. Remember, the property section of a typical homeowners policy is not written to protect business stock, computers or records. Home business insurance is surprisingly affordable, so ask your agent or broker about it today — before a loss occurs.
