Working from home isn’t just a trend — for many people, it’s the foundation of their business. Whether you’re baking custom cakes in your kitchen, running an Etsy store from your guest room, or offering bookkeeping services from your home office, one question you may not have asked yourself is: “Am I properly insured?”
If your business operates out of your home, you might assume your homeowners policy will cover everything. Unfortunately, that’s a common (and risky) misconception.
Why Homeowners Insurance Isn’t Enough
Standard homeowners policies are designed to cover personal property and liabilities — not business assets or operations. If your home-based business suffers a loss, such as stolen inventory, damaged equipment, or a customer injury on your property, your personal insurance may not cover the cost. In fact, many policies have strict exclusions for business-related losses.
What Kind of Coverage Do You Actually Need?
Here are a few insurance options to consider if you’re running a business from home:
1. Home-Based Business Endorsement
Some insurance carriers offer an endorsement that can be added to your homeowners policy to provide limited business coverage. This can be a good fit for low-risk, small-scale operations.
2. In-Home Business Policy
This is a step up from an endorsement. It offers broader protection, including coverage for inventory, liability, and loss of income. It’s ideal for businesses with a steady stream of clients or deliveries.
3. Commercial Insurance Policy
If your business has significant assets, employees, or higher liability exposure, a full commercial policy may be necessary. This could include general liability, property insurance, and more — tailored to your specific industry.
Bottom Line
If you’re running any kind of business out of your home — full-time or as a side hustle — talk to a local insurance agent. They can help you understand the gaps in your current coverage and recommend the right protection for your unique situation.
Your business is growing. Make sure your coverage grows with it.
Ready to Learn More?
Reach out to April Jones Insurance Agency today to review your risk and get a clear, personalized quote. We’re here to help you protect your inland or coastal North Carolina business with confidence. You can reach us at (910) 660-0215 or online at https://www.apriljonesinsurance.com/
