A home-based business owner must find a national carrier. With specific services uniquely suited to home based risks. That is because such an insurance policy has to take into account the nuances of mixing business with personal assets and liabilities.
Now, coverage for your Home-Based Business is easier than ever before. We at SG Financial Inc. offer coverage on an admitted basis in over 40 states with an A.M. Best rated A++ company. Our exclusive program and efficient online capabilities are offered to over 150 eligible classes.
Home Based Business Insurance Highlights:
- Up to $100K in Business Personal Property
- Nationwide Availability
- Up to 2 Losses Acceptable within Last 3 Years
- PC 1-8
- Gross Annual Sales Up to $500K
- Named Insureds Can Be LLC, Partnerships or Sole Proprietorships
- Up to 1 Employee
Tip: In case your home business insurance needs are quite simple, meaning no too many visitors and no need for travelling to remote locations, you should speak with your already established homeowner’s insurance provider to find out if they offer a home-based business endorsement in lieu of a homeowner’s policy.
In addition, if your business property is less than $10,000 in value, you generally don’t need a commercial property policy. In both of these cases, a home business endorsement on your homeowner’s policy is a simple. This is a simple yet cost-effective way to extend your coverage.