The list of entrepreneurs keeps growing as more and more are starting home-based businesses in Highland Village, TX. As a home-based business owner, you may be pondering over whether to get business insurance. Additionally, if you have renters insurance, you may wonder if your business has any form of coverage. 

Continue reading to learn more about if your renters insurance policy covers your work-at-home business, and then give us a call at Thompson Insurance Services for additional information and available coverage. 

Does My Renters Insurance Cover My Work-at-Home Business? 

As a business owner, it is essential to understand that your renters insurance policy does not cover home-based businesses. Therefore, those who have a home-based business need to work with an insurance professional to learn more about the different types of insurance available to protect their business. Without proper coverage, you may find yourself in a situation having to pay for medical costs due to an injury, or you could find yourself battling a lawsuit. 

What Coverage Is Available for My Home-Based Business? 

The type of insurance coverage needed depends on the business, what inventory you carry, and any equipment inside your residence. Available insurance for home-based businesses includes business property insurance, liability insurance, professional liability insurance, product liability coverage, and business automobile insurance. To determine which coverage is needed, speak with an insurance agent today to learn more about the different options.

Working from home in Highland Village, TX offers you plenty of flexibility and opportunity to be your own boss. Call the experts at Thompson Insurance Services for additional information about your renter’s insurance coverage and how to protect your work-at-home business.