Why Home-based Businesses Need Robust Insurance Coverage

More and more people are setting up businesses from the comfort of their homes. One critical fact to keep in mind is that home insurance does not provide adequate coverage for such ventures. Dern & Company in Milwaukee, WI, brings over 25 years of insurance expertise to help you make informed choices about commercial insurance for your home-based business.

Key Protections Your Business Requires

• Property Coverage: Commercial property insurance offers comprehensive coverage for the property and the items you need for your business operations. Regular household insurance won’t cover the necessary equipment, materials, and supplies your business might need.
• Liability Coverage: Regular home insurance covers your family and guests, but it doesn’t extend to include business-related visitors. If a client or supplier gets hurt on your property, you need commercial insurance to cover potential legal expenses.
• Workers Compensation: If your home-based business employs three or more people, you are obliged to provide them with workers’ compensation insurance. This protection is crucial for both you and your employees.
• Business Interruption Insurance: Occasionally, a business might have to cease operations due to uncontrollable circumstances, such as a fire or theft. In such cases, business interruption insurance can help you meet expenses and payroll obligations.

Engage Dern & Company in Milwaukee, WI, for reliable commercial insurance solutions. Don’t hesitate to call us for a no-obligation quote.