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Business Insurance - Protect Your Buisness Aberdeen SD

Lets start first with the home business scenario. With a home business, one of the biggest issues is to protect your home business equipment. Often, this will mean insurance on your technology (computers or other equipment) and business assets (like your fax machine). If you run your business from home, you may think these items are covered. However, a standard home insurance policy will not always give you enough protection for expensive assets like computer equipment or specialized machinery.

Farm Bureau Financial Services
(605) 226-2729
722 S Highway 281
Aberdeen, SD
 
Dakota Financial Services Inc
(605) 229-5200
2324 8th Ave Ne
Aberdeen, SD
 
American Family
(605) 725-3300
2201 6th Ave Se
Aberdeen, SD
 
American Income Life
(605) 341-2070
1602 Mountain View Rd Ste 102
Rapid City, SD
 
Fishback Insurance Agency
(605) 696-2236
520 6th St
Brookings, SD
 
State Farm ins Co
(605) 225-2144
711 N Main St
Aberdeen, SD
 
Aberdeen Finance Corp
(605) 225-8050
18 3rd Ave Se
Aberdeen, SD
 
CorInsurance
(605) 996-6070
715 N Main St
Mitchell, SD
 
State Farm Insurance
(605) 692-8383
511 6th St
Brookings, SD
 
McKinney Allen E Associates After Business Hours Sundays E Holidays
(605) 338-5118
2709 E Slaten Park Cir
Sioux Falls, SD
 

Business Insurance - Protect Your Buisness

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Business Insurance

If you have your own business, you should be thinking about business insurance. It's not just for a big business - it can be for your home business.

With business insurance, your concerns are really three-fold:

  • Protect your business assets against damage or theft.
  • Protect yourself against liability claims from your clientele.
  • Protect yourself from employees (if you have any) who may have a legitimate claim for at work injury against you.

Lets start first with the home business scenario. With a home business, one of the biggest issues is to protect your home business equipment. Often, this will mean insurance on your technology (computers or other equipment) and business assets (like your fax machine). If you run your business from home, you may think these items are covered. However, a standard home insurance policy will not always give you enough protection for expensive assets like computer equipment or specialized machinery.

The answer can be a homeowner's endorsement for your equipment. This allows you to simply add to your existing homeowners policy, rather than having to negotiate a completely new policy specifically for your business do not remove. Be sure to check the details if you take this approach. You'll want to be sure that your business is covered properly, even if you are taking advantage of your homeowners policy.

The biggest challenge is if you also require liability protection for your home business. Most homeowner policy endorsements to cover your equipment will not give you liability insurance protection. If you are providing a service to clients, liability insurance can be essential. A client could sue you if a project goes wrong. If you are selling a product, a client could sue for damage caused by the product. Liability insurance will protect your personal assets in both these cases.

What if you have employees? Again, an endorsement to a homeowners policy is not a possibility. Once you need busines...

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