Articles Editor's Blog Reader Mail

Business Insurance - Protect Your Buisness Sioux City IA

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.

Donaghy Kempton Insurors
(515) 288-8545
4000 6th Av
Des Moines, IA
 
Shelter Insurance
(319) 341-0788
702 S Gilbert St
Iowa City, IA
 
Nalley James D CPA-ABV-CVA
(515) 282-8019
1707 High St
Des Moines, IA
 
Advantage-Clive Insurance
(515) 222-4884
8421 University Blvd Ste G
Des Moines, IA
 
Ligouri Insurance
(515) 285-0370
4320 1/2 Sw 9th St
Des Moines, IA
 
American Family Insurance
(319) 338-9491
24 N Van Buren St
Iowa City, IA
 
State Farm Insurance Companies
(319) 294-1858
4225 1st Ave Se
Cedar Rapids, IA
 
Dusing Dan
(319) 362-1606
1935 1st Ave Se
Cedar Rapids, IA
 
Davis Insurance Agency Inc
(515) 274-3838
2815 Beaver Av Ste 200
Des Moines, IA
 
State Farm Insurance Cos
(319) 338-6200
431 Highway 1 W
Iowa City, IA
 

Business Insurance - Protect Your Buisness

Provided By: 

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...

Click here to read the rest of this article from Insurance Guide 101

About Us | Contact Us | Link to Us | Privacy Policy | Terms of Use | Insurance Resources | Sitemap