Do You Need Commercial Insurance If You Work at Home?

Running a business inside your own home comes with all sorts of perks. You don’t need to pay additional rent for office space. You can write some of the costs of running a business off of your income taxes, and your commute to work is nothing. However, just because you run a business out of your home does not mean you don’t need commercial insurance. At Paragon Independent Insurance Agency, we want to make sure you and your business is properly protected, whether you live in Plano, TX or the nearby area. 

General Liability Insurance

This is a kind of insurance every business owner should have, including home business owners. This form of coverage protects you should a product or service you offer cause an injury or damage a customer’s property. Without this coverage, the customer may be able to go after you and, because your business is out of your house, your home. 

Property Insurance

This form of coverage isn’t for the actual house, but instead, it is for equipment, computers, and inventory. If someone breaks in and steals your stored up inventory, home owner’s insurance may not cover it if it is connected with a business venture. So property insurance can protect the goods associated with running the business. 

Commercial Auto Insurance

Do you drive your vehicle for business purposes? If so, you may need commercial auto insurance. Should you ever find yourself involved in an accident while working, regular auto insurance may not cover this. 

Protecting your business is crucial, so investing in commercial insurance is an important part of running your company. Knowing the right commercial insurance options may be difficult on your own, but here at Paragon Independent Insurance Agency, we want to make sure your Plano, TX business is protected properly.