Home Business Insurance Policy - Insurance for Home Business Carbondale IL
Oak Brook, IL
Company: WealthCare Consultants
Registered Investor: Yes
Years Experience: 20
Retirement Planning,Long-Term Health Care Planning,Insurance & Risk Management Planning,Retirement Income Distribution Planning,Fee-Only Comprehensive Financial Planning,Captive Insurance,Mortgage Refinancing,IRA, 401k, Roth IRA, QDRO Rollovers,CD Alternative,Alternative Investments,Annuities,Alternative Asset Class Planning,Annuity Ideas & Strategy Planning,Estate Tax Planning,Asset Protection Strategies & Planning,Fee Only Portfolio Management,Wealth Engineering,401k Rollover From Employer,Inc
East Peoria, IL
Company: PIVAR FINANCIL SERVICES
Registered Investor: Yes
University Of Wisconsin
BS L & S
Years Experience: 50+
Hourly Financial Planning Engagements,Portfolio Engineering,High Yield Bank Accounts,IRA, 401k, Roth IRA, QDRO Rollovers,CD Alternative,Alternative Investments,Disability Insurance,Annuities,Alternative Asset Class Planning,Investment Consulting & Allocation Design,Business Succession & Liquidation Planning,Estate Tax Planning,Asset Protection Strategies & Planning,Individual Income Tax Planning,Captive Insurance,Life Settlements,401k Rollover From Employer,Income for Life/ Preserve Principal,We
Home Business Insurance Policy - Insurance for Home Business
Home Business Insurance Policy
The in home business insurance policy coverage can also be called an in home business endorsement. In that case, it will be a special endorsement to your existing home insurance .
However, you can get a completely separate insurance policy as well. So, shop around. While getting business insurance through your home insurance company might be a good deal, it also might not. Also, a stand-alone insurance policy makes keeping track of the books easier (separate invoice and separate payment).
In home business insurance policies vary widely. Check carefully and read all the details on any insurance policy that you are considering. Inclusions and exclusions are key. However, in home business insurance policies should provide you with more coverage than a standard homeowner's policy endorsement .
You'll usually get insurance coverage for your business property, but you'll also generally get insurance coverage for the loss of business records, accounts receivable and even for off-site business property (This is very helpful if your standard business computer is a laptop that travels around with you). Some may provide for business interruption coverage - loss of income to your business - in the case of a fire in your home which prevents you from working. You may even get 'expenses' for your business, so that you can temporarily operate out of another location.
You should get a better level of liability coverage with the in home busine...