Homeowners vs Renters: Navigating the Insurance Maze
October 17, 2023
Running a business from your home can seem daunting at first, but having the proper insurance coverage to protect your small business doesn’t have to be.
A home-based business is just what it sounds! You are running a business from home, and we are no stranger to telling self-employed business owners that they should consider home-based insurance coverage to protect their company and assets. Many home-based business owners believe that their homeowner’s insurance will also protect their company. But while a homeowner’s insurance policy protects their home, it may not provide adequate protection on insuring their home-based business. As a result, they will need a specialized, business insurance policy.
Picture This:
Maria had always been an entrepreneur at heart. From a young age, she always came up with new ideas and found ways to turn them into profitable businesses. So when she decided to start a home-based business, she knew she needed to take all the precautions to protect her investment.
Maria had decided to start an online store selling handmade jewelry. She had spent months creating beautiful pieces, sourcing materials, and building her website. But she knew there were always risks involved in running a business, especially working from home.
She had heard horror stories of home-based businesses being sued for everything from copyright infringement to personal injury. And the last thing she wanted was to lose everything she had worked so hard to build.
That’s why Maria decided to invest in home-based business insurance. This insurance would protect her from the financial risks associated with running a business from her home. It covered everything from liability claims to damage caused by natural disasters.
While Maria hoped she would never need to use her insurance, she knew that having it gave her peace of mind. She could focus on growing her business, knowing she had taken all the necessary steps to protect it.
And as her business grew, Maria was grateful that she had invested in home-based business insurance. It was one more step in her journey to becoming a successful entrepreneur.
One of our insurance advisors will reach out to you to review your information and present you with the appropriate insurance solution for your Home-based business insurance. There’s no obligation, just good-old-fashioned advice.
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At SOGO Insurance, we focus on helping clients secure the best insurance rates by working with top-rated national and regional carriers. Our dedicated brokers deliver a personalized experience, empowering clients to choose from various coverage options.
