My Queue

There are no Videos in your queue.

Click on the Add to next to any video to save to your queue.

There are no Articles in your queue.

Click on the Add to next to any article to save to your queue.

There are no Podcasts in your queue.

Click on the Add to next to any podcast episode to save to your queue.

You're not following any authors.

Click the Follow button on any author page to keep up with the latest content from your favorite authors.

Starting a Business

How do I get homeowners' coverage and coverage for my home-based business?

min read
Opinions expressed by Entrepreneur contributors are their own.

Even though you are running a business out of your home, homeowners' insurance generally does not cover those activities.  If you have been trying to cover both kinds of activities (personal and business) with the same policy, that may be why you've been rejected.  You would have to speak to a commercial business insurance broker about getting a policy that covers your business activities.  This is a separate insurance policy -- with different underwriting standards than homeowners' insurance.  Business owner policies (BOPs) can certainly cover any personal injuries, property damage, etc. that may occur in or to your business . . . even if your business is located within your home.  Also be sure to ask about Workers' Compensation insurance and the other insurances you will need to cover your employees.  In some states, it can be considered a criminal offense if you're caught not having that insurance in place.  Contact your trade association or other business networking group to get referrals for business insurance brokers. 

More from Entrepreneur

Terry's digital marketing expertise can help you with campaign planning, execution and optimization and best practices for content marketing.
Jumpstart Your Business. Entrepreneur Insider is your all-access pass to the skills, experts, and network you need to get your business off the ground—or take it to the next level.
Create your business plan in half the time with twice the impact using Entrepreneur's BIZ PLANNING PLUS powered by LivePlan. Try risk free for 60 days.

Latest on Entrepreneur