Tim Robinson

Howard Hanna Real Estate Services

1495 Warren Road
Lakewood, OH 44107


Cell: 440-552-4677   
Phone: 440-552-4677 
Fax: 216-221-1956

Housing Trends

August 2018

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Insurance for Your Home-Based Business

If you think your homeowners policy provides adequate insurance for your home-based business, think again. Most policies will provide a few hundred dollars for a business property damaged in a fire, burglary, or natural disaster.

Of the estimated 29.6 million small businesses in the U.S., roughly half, or about 15 million, are home-based businesses. One survey of home-based business owners found that 6 out of every 10 don’t have business insurance. Most figured they either didn’t need it or were already covered by a homeowners policy.

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Source: HouseLogic.com