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Home insurance with a business
ian-d
Posts: 371 Forumite
I have home insurance through Directline covering both the property and contents.
Do I need to tell them if I am running a business from home (online type with stock)?
I know the stock won't be covered but is there a chance Directline would void any personal claim, or try charging more for the knowledge of the business if I tell them?
(I am sorting business insurance out separately if anyone has any recommendations - must be home business insurance).
Do I need to tell them if I am running a business from home (online type with stock)?
I know the stock won't be covered but is there a chance Directline would void any personal claim, or try charging more for the knowledge of the business if I tell them?
(I am sorting business insurance out separately if anyone has any recommendations - must be home business insurance).
0
Comments
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Do I need to tell them if I am running a business from home (online type with stock)?
Yes. Where there are business visitors and/or stock being held, you normally need a homeworker policy. Normal household policies tend to cover admin only. That doesnt mean you are just taking a risk with the stock but with your total insurance as they could void the policy in the event of an unrelated claims.I am an Independent Financial Adviser (IFA). The comments I make are just my opinion and are for discussion purposes only. They are not financial advice and you should not treat them as such. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.0
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