BUSINESS

Coverage from Residential Renters Insurance If you run a business from home.

You might be curious about whether your renters insurance policy covers your business.

Although business activity is typically not covered by residential renters policies, Deuster advised contacting your agent to inquire about including business coverage.

Some insurers will add business coverage to your residential renters policy based on the size and volume of the business.

In any case, the inclusion would in any case not be basically as broad as a business strategy. In most cases, you will need renters insurance for your business to protect it.

Insurance for commercial property: safeguards the rented building, tools, furniture, and equipment. It would, for instance, cover property damage caused by fire or theft.
Insurance for business income:

compensates for business income that has been lost due to property damage. For instance, it would cover lost pay because of a fire or burglary.

Also Read  Controlled Insurance Programs (CIPs).

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