More and more Canadians are running businesses. Many of them think that their Home Insurance will cover the business. Even if you have a part-time home business, you should consider Home Business Insurance to make sure you and your business property are covered.
With how fast technology has grown, we are seeing more and more people running Home Based Businesses. No matter how big your business you need to make sure that you are covered and your personal Home Insurance will not cover you for much of your business related claims. No matter what your business is you should consider getting properly covered. Here are just some types of home businesses that should be covered.
Professional Liability insurance is absolutely essential if you work in a capacity that could harm other people.
Most business assets that you store at home won’t be covered by your home insurance policy in the event of property damage or loss.
If you use your vehicle for your home-business, your regular auto insurance policy won’t cover you in the event of any work-related accident or mishap.
How much business insurance you require will depend on a number of factors pertaining to your business. An AMC Insurance Commercial Insurance Advisor can help you assess the amount of coverage required.
The cost of business insurance varies based on gross revenues of the business, the risk and the limits of insurance. There are additional coverage’s that can be added to a Commercial Insurance Package, such as a Tools Floater and Cyber Insurance. These coverage’s can increase the cost but expand coverage and reduce risk.
Business insurance can protect the financial stability of your business should a liability claim arise against you. A policy can also include coverage for buildings, contents and loss of business income.
Business insurance can be completely customized to cover all of your company’s exposures.
Even if you do not own a business, if you use your car for business purposes or during the course of your workday you should talk to one of our Autoplan insurance advisors about business insurance, Artisan Insurance or Delivery insurance for your car.
Liability insurance coverage is a standard coverage included within a business insurance policy. A business insurance package may also include coverage for a building, business personal property and much more.
AMC Insurance has a team of agents who can assist your company with your bonding needs. Call 1-866-350-8555.
If you have a home based business you should have liability and coverage for your business personal property. You may be able to add this coverage to your Home Insurance policy. Contact your AMC Insurance broker to enquire.
At AMC Insurance we provide insurance products unique to our customers needs. We communicate with the business to determine the best commercial insurance products for the individual business rather than a “one size fits most” type of policy. A business insurance quote can be requested online through our quote request form.