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Business Insurance - Protect Your Buisness Mitchell 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.

American Family Insurance
(605) 996-1594
411 S Ohlman St
Mitchell, SD
 
Strangeland, Jim - State Farm Insurance Agent
(605) 996-3611
1414 N Main Street
Mitchell, SD
 
Moore, Becky - State Farm Insurance Agent
(605) 996-1133
1204 S Burr St
Mitchell, SD
 
Farm Bureau Financial Services
(605) 341-7600
2433 W Chicago St Ste B
Rapid City, SD
 
Bechtel Insurance
(605) 336-6227
232 E 12th St
Sioux Falls, SD
 
CorInsurance
(605) 996-6070
715 N Main St
Mitchell, SD
 
Fischer Rounds & Associates
(605) 996-7711
1130 S BuRR St
Mitchell, SD
 
Modern Woodmen Of America
(605) 341-6115
628 6th St
Rapid City, SD
 
Fischer Rounds & Associates
(605) 996-7711
1130 S BuRR St
Mitchell, SD
 
Fishback Insurance Agency
(605) 696-2236
520 6th St
Brookings, 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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