Professional liability insurance, also called errors and omissions insurance, protects your business from claims of negligence even if you have not made a mistake.

If you operate a business out of your home, your Homeowners and Personal Auto insurance will not cover you.  In fact, running a home-based business without the proper coverage could result in cancellation of your Homeowners insurance.  Many home-based business owners believe that their homeowners or renters insurance policy will adequately cover their home-based business.

Just because a business is located in your home doesn’t mean your homeowners insurance policy will cover you. You can buy a homeowners liability endorsement that will protect you in case clients or delivery people get hurt on your premises and sue.  An in-home business policy provides more comprehensive coverage for business equipment and liability than a homeowners policy endorsement.  In-home business policies are available from homeowners insurance companies, which offer business insurance bundled with a standard homeowners policy.

Insuring your homebased business is easier than ever.  Optional Home Business Insurance Coverages  For an extra premium, you can beef up your Home based Business insurance policy by adding: Umbrella Liability protects your business against the costs of catastrophic lawsuits.  Therefore, you may need home based business insurance.

There are a few different home based business insurance options available for you to consider.  If you own a home business, your home based business insurance will be tax deductible.  Therefore, depending on the type of business that you run, you may need a home based business insurance policy. You may want to consider liability insurance for your business if there is a chance that your product may injure someone or if someone could become injured while visiting your home business.

They are the experts and they can point you in the right direction as far as home based business insurance.  Several home-based business owners own their own homes, and presume that their home based business insurance also covers their home-based business activities.  Not only is this not true, but your home based business insurance activities can annulled your home insurance.  While several home based business insurance owners rely on their home insurance to wrap damage, loss and theft of possessions, all home-based businesses should have contents insurance as well to the contents and or possessions insurance offered by the owner’s house insurance.

As consumers begin shopping around for automobile coverage they will quickly realize that there are many options that they have to choose from and for the average consumer it may be difficult to ensure that the right choice is made. auto insurance can be a complex product, but it is also extremely important and it may be in the best interest of a motorist to understand as much as possible before making a purchase; in many cases drivers either buy too much protection and spend unnecessary money or become underinsured.

If an individual is unfamiliar with the way an automobile policy works to protect them, they may want to take the time to do a little research and try to understand the difference in the various options that they have to pick from. There are many resources available online and off which can provide the definitions of the multiple types of protection and what they cover; by understanding this, consumers will have a better idea of what policy will best suit their needs. Whether getting help choosing the right policies from industry professionals, informative or government websites one thing will probably be certain and each will tell you that car insurance coverage recommendations will always include getting at least the minimum required to satisfy the laws of your state.

Choices in auto insurance Coverage

As mentioned, there are many choices that an individual has when they are looking to purchase an automobile policy and understanding them will be the difference in obtaining proper auto insurance. Aside from what the state requires an individual to purchase, they may want to consider higher limits than what their state mandates. For example, according to the Florida Department of Highway Safety and Motor Vehicles motorists are only required to carry coverage consisting of $10,000 in Property Damage Liability; while this may seem like a sufficient amount, this may not be the case if the insured strikes a luxury vehicle causing substantial damage and they may be held accountable for any remaining compensation exceeding the $10,000 due to the other party. Individuals who are residents of states that only require small coverage requirements to operate a vehicle may want to quote higher limits to protect themselves and their assets.

One type of coverage that many motorists choose to buy is Comprehensive and Collision which helps pay for damage sustained by the policyholder’s vehicle. Compensation comes in two forms; the insurance company will either pay the insured the amount needed to repair the automobile or replace it. There are no states that make this type of protection mandatory, but it can be beneficial to those who own high end automobiles or may even be necessary for those who are financing their car. Most financial institutions require their borrowers to carry this add-on as a condition of the loan agreement; this is done to protect the lender’s interest in the vehicle.

Look at a Sample Policy is best to look at a business insurance policy in your industry to familiarize yourself with coverage and terms.

This article is focused on whether your business should purchase its insurance online.  When looking online for insurance for your business, you will want to stay with the sites offered by the insurers.  Before using an online source consider whether your business is appropriate for an online quote or purchase of business insurance.  You may only be required to answer numbers or references from these documents, or you may be required to scan them and submit copies electronically with your online application.  A general online business insurance inquiry will also likely provide you with common terms.

This article summarizes the many different types of handyman insurance available and it explains how they differ from one another.  In order to be sure you have the proper coverage for your handyman business, you will need to familiarize yourself with the types of handyman insurance available.  Learn how handyman insurance coverage works for you, the different types of handyman insurance coverage and protection available, as well as business insurance terms, so you can choose the right type and policy for your company.  Two of the most common types of handyman insurance are property insurance and commercial auto insurance.  Frequently asked questionsI wonder, What are the types of handyman insurance coverage.  However, because a small business owner has so many demands on their time, and often, no real interest in the subject of insurance beyond knowing they need it, I want to provide a quick summary of some common types of business insurance that small businesses should consider.  There are many types of handyman insurance plans out there, but how do you know which one will cover your needs.

The main page displays Handyman Insurance coverages and quotes.   Just press the QUOTE button for an insurance quote and each coverage option is listed for you on the main page.

If you want a fast, and simple way to find Handyman insurance and experienced agents who can guide you through the process, consider using an online handyman insurance.  The internet can really help you do this because there are so many online business insurance quote forms available these days.  Shopping online for the best Handyman Insurance policy enables you to receive multiple quotes from a number of insurance companies.

Many business insurers are online and, while buying insurance for a business on the internet is not as prevalent as buying personal auto insurance online, growing numbers of small business owners are going to online sources for their insurance.  If one follows some guidelines when using online quote sites to purchase insurance, business internet insurance sites can offer premium savings.  They will contend that the absence of an insurance professional will cost a business in the long run.

As a business owner, it can be overwhelming to determine what these terms mean.  The type of insurance is going to depend on what you are doing,with whom you do business, the protection you need on your office and equipment, city ordinances and state laws, as well as your personal preference.  Many small store owners decide to buy a BOP (Business Owners Policy).  But since businesses face many risks and threats, almost all owners must purchase business insurance, and this is not something most of them have been well trained to do.  Because most small business owners do not have the time to pick and choose, a BOP provides an affordable and simple solution to small business

Here are some common types of business insurance: Business Property Insurance: Coverage against loss or damage to your business property or contents. Business Liability Insurance: Coverage against a claim by others that your business caused them a loss Commercial Auto Insurance: Coverage for vehicles used by your business.  If you produce goods, you may want to look into purchasing product liability insurance.

This goes beyond general liability because it protects you in case your products, once out there in the world, cause injury to customers.  General liability insurance is a type of business insurance that covers any issues that arise concerning you business, such as accidents, injuries and negligence.  If your company manufactures goods, wholesales or retail sales goods, product liability insurance can help protect you in issues concerning the safety of those goods.

There are several types of handyman insurance coverages available.  The type of coverage required depends on the business and state that you operate.  Each business has separate needs.  As you will see, there are many business insurance coverage options available.  This article will provide you with business insurance types and descriptions.

Business owners providing services should consider having professional liability insurance (also known as errors and omissions insurance).  However, homeowners policies only go so far in covering home-based businesses and you may need to purchase additional policies to cover other risks, such as general and professional liability.  A BOP is a package that bundles property and liability insurance together through one affordable premium.

These exposures could include liability arising out of accidents resulting from the premises or the operations of an insured, products sold by the insured, operations completed by the insured, and contractual liability.  The most common types of commercial insurance are property, liability and workers’ compensation.  In general, property insurance covers damages to your business property; liability insurance covers damages to third parties; and workers’ compensation insurance covers on-the-job injuries to your employees.  If someone sues you for personal injuries or property damage, the cost of defending and resolving the suit would be covered by your liability insurance policy.

Malpractice insurance, or professional liability insurance, pays for losses resulting from injuries to third parties when a professional’s conduct falls below the profession’s standard of care.  Then you should consider getting product liability insurance to protect your business from liability resulting from the product’s nonperformance.  Professional liability insurance protects both you and your clients.  “Property and Liability insurance are essential for all small businesses, but Business Interruption, Key People, or Disability insurance can also make the difference between having to close down and being able to carry on.

HandymanInsurance.com started a new blog in late April 2010 to help provide a community forum and discussion for the needs of small business contractors and the handyman construction industry. We hope you will share your experiences – good and bad with us.