Covering the risks of home-based businesses

As the COVID-19 pandemic alters the way we all work, insurance agents can speak with clients about how their work is changing and ask if they are starting a home-based business. (Photo: Shutterstock)

When we finally put COVID-19 behind us, it’s expected more people than ever before will be working from home. Some will be small businesses that carved out a home office and began working remotely when the lockdowns were announced in March. Others will result from a probable surge in home-based startups.

Those who make work-at-home a permanent part of their lives will likely feel more freedom than they do at a corporate office, but they should know that their homeowners insurance will, in most cases, fall short of covering all of the potential business risks they face and require separate coverage.