Home based workers’ insurance

Home based businesses can cover a vast range of industries. Whatever your home based business may be; it’s possible to find a business insurance policy to suit your specific needs.

You will probably already have a standard home insurance policy – but this is not likely to cover your business equipment. You may even invalidate your home insurance if your house is being used as a work premises.

There are specialist business insurance policies that can also include buildings insurance for your home and home office. A business contents insurance policy will also help ensure that all your business equipment and materials are covered.

Additionally, you may want to consider liability cover for your home based business.

Public liability insurance: If clients or customers visit you home for business purposes – you may want to consider this type of cover. If anyone was injured whilst visiting you home based business, it’s likely you’d be held liable.

Employers’ liability insurance: This is only necessary if you employ other workers as part of your business. This type of insurance is usually a legal requirement and could help cover expenses ( compensation and legal costs) if an employee was to become ill or injured as a result of their work or working at your property.

Professional indemnity insurance: You may want to consider this cover to protect your business against professional negligence claims. This type of insurance is particularly relevant if your business is paid to give advice to clients, such as a consultancy firm.