Expect the unexpected
You’ve worked hard to build and grow your home-based business. Don’t let an accident or mishap put it all at risk. A typical homeowners policy doesn’t cover your business property, inventory and lost income, which is where a home business insurance policy comes in. We can provide you with the peace of mind knowing that if the unexpected happens, your livelihood is covered. A home-based business insurance policy protects your business liability and your inventory so you can focus on what you do best.
We get it
For more than 35 years, RedSky Insurance has been protecting the businesses of entrepreneurs just like you. We understand that no two businesses are alike and insurance needs are unique. Our passion is to protect your passion with customized coverage at a price that fits your budget.
A home business policy provides coverage for losses, or damage from your business activities conducted at home, away, events… literally anywhere nationwide!
More than 140 business catagories
Whether you’re a photographer or a crafter, perform computer repair, or offer accounting services, your policy is quoted and written with your specific business in mind. Our coverage is affordable, and a policy can be obtained quickly.
Vital coverage since homeowners policies do not cover liability, or damage to property from your business activities.
Check out the coverages a Home Business plan can provide below!
Business Liability
$1,000,000 of Liability coverage protects should there be an accidental third party bodily injury, you are sued, or you damage someone else’s property. Limited Product Liability coverage is included as well in certain circumstances. The liability limit extends nationwide (home, away, events, trade shows, etc.).
Business Personal Property
This coverage insures your business equipment, inventory, displays, etc. We automatically include $5,000 for Business Personal Property (BPP), with optional limits up to $100,000. The standard deductible is $250. In certain circumstances, the insurance company may also pay for the loss of your business income resulting from damage to your BPP.
Electronic Data Processing Equipment Coverage
Available for an additional premium, this is an optional coverage for computers, printers, software, and other electronics if related to your business. This coverage is broad, covering many different types of computer losses, and there is no deductible associated with this coverage.
Money and Securities Coverage
Available for an additional premium, this optional coverage insures business-related money, checks, etc. if they are stolen, or destroyed, at your home or when temporarily off-premises anywhere nationwide.
Additional Insured Coverage
Available for an additional premium. Where needed or required, we can add most types of Additional Insured’s. The most common requests are for when you may want to set up at an event and are required by the venue to add them as an Additional Insured to be able to participate.
Terrorism Coverage
Insurance companies are required to offer this optional coverage. It would insure your business against losses in the event of a certified terrorist act (as defined by TRIA) in your area. In most cases this coverage is $1/year, but could be up to 20% of the total premium. Customers do have the option to reject the coverage.