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Business Insurance - Protect Your Buisness Farmington NM

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.

Chalmer O Holloway Insurance
(575) 627-9700
201 E College Blvd
Roswell, NM
 
Whitten David Insurance
(575) 392-1772
124 W Bender Blvd
Hobbs, NM
 
Farmers Insurance James Hutchinson
(575) 623-2006
101 W 6th St
Roswell, NM
 
Allstate Insurance Companies
(505) 954-4070
1476 S Saint Francis Dr
Santa Fe, NM
 
Addison Rowe Fine Art
(505) 982-1533
924 Paseo De Peralta
Santa Fe, NM
 
State Farm Insurance - Mike Guerin
(575) 393-4500
111 E Sanger
Hobbs, NM
 
Associated Insurance Professionals Inc
(505) 265-3704
1419 Carlisle Blvd Ne
Albuquerque, NM
 
Allstate Financial
(505) 296-2752
8205 Spain Rd Ne
Albuquerque, NM
 
Farm Bureau Insurance
(575) 524-8632
600 S Valley Dr
Las Cruces, NM
 
Horace Mann Insurance
(575) 762-2627
2400 N Main St Ste 1
Clovis, NM
 

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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