Tag: General Liability

Residential guest room converted into a home-based clothing business with inventory, packing supplies, and shipping boxes.

Does Homeowners Insurance Cover a Home-Based Business?

Running a business from home can be convenient, but it may also create risks that a standard homeowners insurance policy was not designed to cover fully. A homeowners policy may provide limited coverage for certain business property, depending on its terms. However, it may exclude or restrict coverage for business-related liability, inventory, equipment, lost income,

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Colorado flower-shop owner moving inventory outside as a customer approaches the storefront.

What Is a Business Owner’s Policy and What Does It Cover?

A Business Owner’s Policy, commonly called a BOP, combines several types of business insurance into one policy. For eligible small and midsized businesses, a BOP typically includes general liability, commercial property, and business income coverage. Packaging these coverages can make the policy easier to manage and may be more economical than purchasing each coverage separately.

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