Home Business Insurance

Home Business Insurance

An insurance policy that provides coverage for losses to a business run from home. For example, home business insurance may pay to replace computers, inventory and other items lost in a home accident such as a fire. Home business insurance is important because homeowners insurance does not cover most home business losses (and, in Canada, a home business can invalidate one's homeowners insurance). As with all insurance, one must pay a premium for the coverage. See also: Home office deduction.
References in periodicals archive ?
Said Jazz: "We urge anyone looKing to operate as a business from home to organise home business insurance from the start.
The cost of home business insurance varies according to the type and the amount of coverage you need, the kind of business you operate and your geographic location.
BCAA's home business insurance works as add on coverage to the homeowner's policy.
Full browser ?