How To: Insure Your Homebased Business.

Change Of Heart

Janie Williams couldn't find a homebased business policy when she started a tax and bookkeeping firm in her Long Beach, California, home five years ago. "I called lots of insurance companies--even friends in the business, and everyone said `no,' " Williams recalls. "Then I leased a new computer, and the leasing company wanted me to have insurance. My homeowners insurance carrier has had a change of heart and now covers my homebased business for about $45 per year.'

Many insurance companies still shy away from businesses that aren't in commercial locations, but a growing number now actively woos this market, according to the IIAA.

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This article was originally published in the May 1998 print edition of Entrepreneur with the headline: How To: Insure Your Homebased Business..

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