These days, having a home-based business makes good sense. It is cost-efficient not having to pay for a building to house your business. You may think that you don’t need commercial insurance for a home-based business, but that would be an incorrect decision. In Huntsville, AL, our team of experts at the Larry Burkman Agency provides the commercial endurance advice you require.
Why Commercial Insurance
Commercial property insurance
Commercial property insurance is different from home property insurance. It is a combination of property and content insurance. Your home insurance will not give your business the protection it needs. While it might cover a few things, it will not protect your business’s inventory. You need to have property coverage that is specific to the nature of your business.
Commercial liability insurance
Your home policy does provide liability coverage, but if you are conducting business from your home and have customers or clients visiting, you will not be covered if they have a slip and fall and decide to sue. You need to have commercial liability coverage to protect yourself.
Commercial auto insurance
If your business owns a vehicle, it needs to be covered by commercial auto insurance. Even if you own a vehicle, if you use it for business purposes and have an accident, your personal auto policy likely won’t cover you.
Business interruption insurance
Your personal home insurance has nothing that is comparable to business interruption insurance. This insurance provides your business with the working cash it needs if there has been a covered peril. It helps you to be able to pay your bills, pay any employees you may have, and allow your business to survive being shut down.
Reach Out To Us
Contact the Larry Burkman Agency, serving the greater Huntsville, AL community, when you are in need of an independent insurance agent to help with your commercial insurance needs.
