Help home businesses weather the storm

Modified: January 23, 2019

Article

Author: FAIA Newsroom

Anyone who's turned on the news knows that inland floods, windstorms, fire and other natural disasters are becoming more frequent and severe. Unfortunately, many people who work from home and experience disaster lack valuable coverage.

That's where you come in. You can protect your clients who have home businesses by ensuring that they are covered with a home business policy. Insureds often believe their existing homeowners or apartment-dwellers policy will cover any loss or damage to their business equipment, furniture and supplies in the event of fire, theft or other catastrophe, when in fact, those policies usually explicitly exclude coverage for any business exposures on their premises.

Home business policies from FAIA Preferred Provider RLI can protect an insured's loss to business personal property and business income loss in the event of a covered weather occurrence.

Popular business classes Include:

Residential Inspection Services
Teacher/Tutors
Photographers
Accounting Services
Bakers
Computer Consultants
Interior Decorating
Jewelry (Costume)
Art Studio
Crafts
Personal Assistant
Wedding Officiate

All classes subject to further underwriting guidelines.

View full list of over 140 business classifications.

Be sure to use our home business declination form to record that coverage was offered and declined.

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