It is without fail that small business (and sometimes medium size as well) owners store business property at their homes. Homeowners insurance can provide some coverage but not much. Homeowners insurance coverage disputes can end up in court when it comes to covering business property. Case law exists but with mixed results for the policyholder. Using a residence to store … Read More
Insuring Property for New Companies
The Problem When a new specialty food or specialty beverage entrepreneur calls about insurance the conversation is usually about liability insurance because a certificate of liability insurance is the priority. Seems like insuring inventory and other property is not a consideration. Budget is a concern for sure. Amount to insure is a factor. Location of the property may be problematic. … Read More