Insurance for Home Based Business
Liability is the greatest risk for home-based businesses. If you operate a sole proprietorship or small business from your home, you need to manage and mitigate your business risks. A separate business insurance policy for your home-based business can provide peace of mind.
Annual premiums start as low as $450 a year!
We are using technology to make the insurance purchasing process quick, easy and painless! By answering a few qualifying questions a quotation will be within minutes. If you choose to purchase the insurance you can then enter your credit card information on the secure site and a policy will be emailed to you within a few minutes along with your receipt of payment.
Prefer to talk to an insurance professional? We love helping small business owners, give us a call 1-833-601-5554 and ask to speak with someone on the Magenta Team.
Do You Need Professional Liability / Errors and Omissions Insurance?
If you’re paid to give professional advice, you require professional liability or errors and omissions coverage. If you give a client advice that is wrong or fail to provide expected advice and the client’s business suffers as a result, such insurance will generally cover the damages and legal defence costs. This is specific commercial coverage for professional liability and is not covered under a home insurance policy. Contact us for more information.
Read more courtesy of The Insurance Bureau of Canada
http://assets.ibc.ca/Documents/Brochures/Insuring-Your-Home-Business.pdf