You need Michigan Business Insurance for your home business

Michigan business insuranceThe dream of owning a business is becoming a reality for thousands of people each year.  For many of these potential business owners, that means starting your Michigan business in your home. However, your business may be in jeopardy if you don’t have the right protection with business insurance.

You need business insurance because most homeowners policies place limits on business-related exposures. For instance, a copier or fax machine used for business and damaged in a fire may not be fully covered because it is considered business property.

Also, the Michigan homeowners policy does not cover business liability, loss of income, exterior signs and many other important items.  If your client has an injury at your home while conducting business, your homeowner’s policy would not apply, and you would not provide protection under your homeowner’s liability. Anyone who operates a Michigan home-based business and does not have the proper insurance coverage is putting his or her business and personal assets at risk.

Michigan business insurance may provide the coverages listed below:

  • Accidental direct physical loss coverage for the business personal property.
  • Broader off-premises property coverage Loss of income coverage
  • Extra expense coverage
  • Contractual liability coverage
  • Liability of employees while acting within the scope of their employment.

Many entrepreneurs start their businesses on shoestring budgets and try to cut corners by keeping expenses to a minimum. But when you consider what you get, Michigan business insurance becomes a tool you need for added protection.

More information on how to get insurance

For more information on Michigan business insurance or other available business, policies call 248-888-1134 to make sure that your business property and your business assets are adequately covered. Click the highlighted link to be connected to a Michigan business insurance quote to start protecting your business assets.