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Business Insurance - Protect Your Buisness Boston MA

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.

Safety Insurance Group, LLC
(617) 951-0600
20 Custom House Street
Boston, MA
 
Licata Kelleher Risk & Insurance Advisors, Inc.
(617) 451-2140
137 South Street, Ste. 3
Boston, MA
 
AIG/ American International Companies
(617) 457-2700
99 High Street, 31st Flr.
Boston, MA
 
Boston Medical Center HealthNet Plan
(617) 748-6000
2 Copley Place, Ste. 600
Boston, MA
 
MTA Benefits, Inc.
(617) 557-6607
20 Ashburton Place
Boston, MA
 
Stop Loss Insurance Brokers
(617) 542-1600
20 Park Plaza, Ste. 912
Boston, MA
 
Licata Risk Advisors
617-451-2140 x312
137 South Street
Boston, MA
Services
Risk management consulting, insurance advisory

Willis of Massachusetts
(617) 437-6900
Three Copley Place, Ste. 300
Boston, MA
 
Chubb Group of Insurance Companies
(617) 439-4440
One Financial Center
Boston, MA
 
Thomas E. Sears, Inc.
(617) 426-8300
31 St. James Avenue, Ste. 1050
Boston, MA
 

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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