As you work from home it will mean that you carry out all business operations from there and this means that there are multiple risks that you are exposed to that could result in a claim being made against you. Depending on your job you may provide advice or offer your services in other ways but there is every possibility that you could provide incorrect advice, act negligently or even carry out poor workmanship. If this happens then your clients will seek compensation and they will look to recover any financial losses so having no insurance in place leaves your extremely vulnerable. There are many costs associated with a claim and these could cause you problems if you do not have cover, however, there is a solution. This solution is business insurance.

Business Insurance For Working From Home
When a claim is made against you, business insurance will provide you with the cover you need. This means that all costs associated with a claim will be covered. Regardless of your job, mistakes can happen but unfortunately these can lead to problems for you and your business. This makes having business insurance even more important because court costs, defence costs and compensation costs can escalate. Therefore, business insurance is a business critical tool.
How Does It Work?
Working from home still requires the right insurance because you are surrounded by risks regardless of your job. Claims can be damaging so having the right insurance is extremely important.
Professional indemnity insurance is designed to become an integral part of your business. It is there for you when a claim is made against you that is associated with incorrect advice, negligence or even poor workmanship. These can lead to injury and financial loss so your client will look to receive compensation or recover any losses. You could be a dressmaker who has taken on a project that has a deadline but failing to meet this deadline costs your client money or you could be a financial advisor who wrong advises a client on what they should do with their money. While you may not have had a claim made against you before there is every possibility it could happen and that is why you need to have this insurance in place.
If clients have to visit your home then you need to have public liability insurance because this can protect you from claims regarding injury that you may cause or damage you may cause to their property. You could repair PC’s but end up permanently damaging a PC that holds important data or a client could injure themselves on a piece of equipment. Any claim associated with injury or damage to property will be covered by this insurance.
The Features
You will receive the following features:
- Complete cover for all claims
- In-depth assessment of claims so payment can be released
- Full protection for your business
- Costs associated with defending claims and compensation included
- Costs linked to court attendance are included
- Cover to fit all budgets with flexible payment plans
What Are the Benefits?
There are many benefits that come with business insurance:
- Meet all legal needs and regulations
- Put more time into your business
- Protects your finances
- Guidance, advice and representation is available
- Have peace of mind that your business is protected