Will home insurance cover a home business?

dacouch

Gleeful wrote: »

That's something different than home insurance

Home insurance - insures the home and contents
Home business insurance - insures a business that is run from a home

I have home business insurance and home insurance, they are two totally separate things

There are numerous Insurers that offer a combine Home and Business Policy for people running businesses from their homes.

Home insurance - insures the home and contents
Home business insurance - insures a business that is run from a home along with the Building and Contents in the same way a normal home insurance policy does

dacouch

pennypincher2013 wrote: »

So I'm looking for craft insurance? TBH, I've never heard of it before. I will now look into that... I hope to sell online and at craft fairs.

I might just have a completely separate insurer for my business to the home insurance.

Thank you for pointing me in the right direction. I can now research the best option.

Google "Market traders Insurance" the two trade organisations for market traders offer it for a very good price and it includes people who make craft items to sell

martindow

charitiesinireland wrote: »

If you run a small business from your home, there are no chances that your homeowners insurance policy won't cover a claim if the deliveryman slips and falls on your icy front stoop or any kind of mishap occurs.
"If an individual is running a business out of their home, they can't rely on a homeowners policy to provide coverage," says Jeff Olmstead, assistant vice president for small commercial underwriting at The Hartford insurance company.

Says Jeff who is trying to flog insurance and appears to be based in Connecticut. He may be right but he's scarcely impartial.

scoly

charitiesinireland wrote: »

If you run a small business from your home, there are no chances that your homeowners insurance policy won't cover a claim if the deliveryman slips and falls on your icy front stoop or any kind of mishap occurs.
"If an individual is running a business out of their home, they can't rely on a homeowners policy to provide coverage," says Jeff Olmstead, assistant vice president for small commercial underwriting at The Hartford insurance company.

That's why you need to extend it to include business cover, as I explained above.

If you run a business from home, and don't declare it, it may invalidate your home cover; it would be considered a material fact that must be disclosed.