Do You Need Business Insurance for a Home-Based Business?

Running a business from home feels low-risk, but it comes with a common and costly surprise: most homeowners policies exclude or sharply limit coverage for business activities. That leaves many home-based businesses unknowingly exposed.

Where the gap shows up

If business equipment is stolen, a client is injured visiting your home, or your work leads to a liability claim, your homeowners policy may not respond. The more your business grows, the wider that gap becomes.

What coverage helps

• General liability for client and third-party claims.
• Coverage for business equipment and inventory.
• Professional liability if you provide advice or services.

What Truscott recommends

Do not assume your home policy covers the business. A modest policy can close the gap. Explore business insurance or start a quote.