Many home-based business owners assume that their home insurance covers their home–based business activities as well. Not only is it not covered by your home insurance but your home-based business may void your home insurance.
Home-Based Business’ need liability insurance to extend to the operations of their business as well as any personal injury that may happen while a client is on the premises or elsewhere. Contents that are used for the business are not always covered by the home property insurance and in the event of a fire any supplies; stock or office furniture may not be covered.
Examples of home-based business’ that are often over looked by insured’s are the sale of small kitchen items, jewellery, make-up and more. Coverage is often available on your home policy with an extra endorsement for a very minimal premium.