Home Business Insurance in California

It's important that you have sufficient business insurance coverage for your California home-based business in order to protect your necessary equipment and daily transactions. Just as their are risks of having a business at a office building, some of those same risks also exist in your home. After all, work habits should not change dramatically from one place to another.

California Insurance Policies for Home and Business

There are a number of insurance companies who have custom policies which protect your home-based small business that you operate from your home. Typically, these policies cover what you'd expect; business property, computer equipment and other typical items, whether or not they are used in your home or at an office. Moreover, small home-based business insurance covers you from loss of income and liability lawsuits arising from your business. Certain mishaps are not limited to working at an office or construction sites, accidents occur in the home as well like a delivery driver setting a large oversized box in a place you designate and they trip and fall. To protect you from these potential risks, you might have to get a commercial general liability policy or a rider to your homeowners insurance policy.

These policies for a home-based business can be a lot cheaper than inserting a rider to your homeowners insurance or purchasing independent policies for your home and small business, but confirm the coverage vigilantly, because these policies tend to solely focus on home offices and may not sufficiently protect you have to keep business inventory within your home.

Earthquake Insurance

In a report by the California Department of Conservation, over two-thirds of the state's population lives within 30 miles of a fault, where extreme ground shaking can happen in the upcoming 50 years. Furthermone, California's the state's Department of Insurance says that 90 percent of California homeowners including people who are leasing a home or apartment do not have insurance coverage in the event of an earthquake. If no action is taken, the outcome will billions lost due to uninsured damage to homes and small home businesses. Needless to say, the state will be in disarray and so will your business. This is one time to stray from the herd and be prepared for success.