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Business Insurance - Protect Your Buisness Albert Lea MN

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.

State Farm Insurance
(218) 751-1945
512 Beltrami Ave Nw
Bemidji, MN
 
Rms of Bemidji Inc
(218) 759-1201
1499 Anne St Nw
Bemidji, MN
 
Moorhead Machinery & Boiler Co.
(612) 789-3541
3477 University Ave N.E.
Minneapolis, MN
 
Insurance Office
(218) 828-1118
200 S 6th St
Brainerd, MN
 
Farm Credit Services Minn Vly
(320) 235-1912
3881 Abbott Dr
Willmar, MN
 
Fenstra, Harry Insurance
(320) 235-1022
2800 1st St S Ste 100
Willmar, MN
 
Anne Scherer Tax Lady
(218) 786-9714
205 W 2nd St Ste 201
Duluth, MN
 
Hess Partners Insurance Agency
(320) 255-0417
31 33rd Ave N
Saint Cloud, MN
 
Corneil-Elkjer Agency
(320) 235-2212
436 Litchfield Ave Sw
Willmar, MN
 
Thrivent Financial For Lutherans
(507) 387-5204
150 Saint Andrews Ct Ste 520
Mankato, MN
 

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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