Working from home insurance is important if you want to make sure your home and business are properly protected.
It is estimated that there are now around 3.8 million homeworkers in the UK and that 2.4 million of these are people running their own businesses from home.
If you work from home, make sure that you have the right insurance in place.
Many home-based business owners make the mistake of thinking they are automatically covered under their home insurance. In some cases, where the work is clerical only, there may be some limited cover for business use, but it depends entirely on the wording of the particular insurance policy you have.
Some household insurance polices can be extended to cover certain types of business use and in this case you just need to let your insurer know so that they can add an appropriate endorsement.
For anything other than home based clerical activities you should consider buying a Working From Home insurance policy designed especially for home based businesses.
Working from home insurance policies can include office equipment, computers, tools and stock in addition to your home buildings and contents. They can also include employers liability, public liability and products liability insurance as well as business legal expenses, goods in transit and personal accident cover.
Talk to an insurance broker who specialises in business insurance and they will be able to advise you how much cover you need for your particular situation and search the market on your behalf to find the best quote.
If you are run a business from home and attend meetings at client’s premises, run workshops or go to exhibitions you should certainly consider taking out public liability insurance. Even if your home insurance policy is extended to include business use, this is unlikely to provide liability cover for work away from the home.
Speak to a business insurance broker and make sure you have the right business insurance in place.
If you would like a quote for your working from home insurance, call us on 01622 620531 or start a quote by email here