Insurance advice for home-based businesses
(NC) For small business owners who are operating their business out of their home, it is important to assess the level of business insurance coverage that you and your business require. This goes beyond your standard home insurance policy. Your home insurance policy may cover certain activities for your business, however, the coverage limits are generally much lower than what you would receive through a small business insurance policy.
There are also certain types of coverage that your home insurance policy would not cover. For example, if your business is temporarily shut down due to an insured event, you would not be covered for any loss of income during this period. Or if a customer is visiting your home-based business, and slips and injures themselves on your premises, you may not be covered under your home insurance policy if you are found liable. With providers such as TD Insurance, you can customize your small business insurance policy based on the needs of your business.
For home-based small business owners, you can learn more by contacting a licensed insurance advisor who can help you address any questions about insurance for your home-based business. You can also find more information at tdinsurance.com.
Media Attachments Related Posts
All News Canada content is provided free of charge. Any source/sponsor of the information must also be identified as presented. For articles, credit of usage must be attributed to News Canada with "(NC)" at the beginning of an article or "www.newscanada.com" or "– News Canada" at the end. Images are only to be used with corresponding editorial copy. Usage of News Canada content constitutes your acceptance of these terms and an agreement between you and News Canada.
Disclaimer: Comments and opinions in News Canada content are those of their respective contributors only. The views expressed do not necessarily represent the views of News Canada Inc., its management or employees. News Canada Inc. is not responsible, and disclaims any and all liability, for the content of comments provided by contributors.