The relationship between home and work continues to evolve, with more people working full-time, part-time, or running businesses from home. With this change, it’s crucial to understand that home insurance policies generally provide limited coverage for business assets, making commercial insurance essential for many home-based businesses. If you live in the Pearland, TX area, consider the Barry Insurance Group team to create your home and business insurance plan.<\/p>\n
Most home-based businesses require office electronics, furniture, and supplies or tools. Some also have inventory, highlighting the importance of commercial insurance as your business assets grow.<\/p>\n
Home insurance policies cover personal, not business, assets; many cap their business asset coverage at $2,500. Any business asset above $2,500 is uninsured if you don’t have a commercial insurance policy.<\/p>\n
Smaller home businesses with limited assets often add a business property endorsement to their home policy, doubling the base business coverage. Businesses with more assets need commercial insurance; many also need professional or business liability insurance.<\/p>\n
In-home business insurance may be sufficient for companies with less than $250,000 in revenue. These policies typically include the property, liability, and other commercial insurance elements many businesses of that size need.<\/p>\n
A Business Owner’s Policy (BOP) is for businesses with revenue of $250,000 or more. It often includes the primary elements of more sophisticated commercial insurance policies, such as Workers’ Compensation and liability coverage.<\/p>\n
The Barry Insurance Group team serves homeowners and businesses in the Pearland, TX, area. Call (281) 464-3384 today to schedule an appointment or stop by our office so we can create an insurance plan that works for you.<\/p>\n","protected":false},"excerpt":{"rendered":"
The relationship between home and work continues to evolve, with more people working full-time, part-time, or running businesses from home. With this change, it’s crucial to understand that home insurance policies generally provide limited coverage for business assets, making commercial insurance essential for many home-based businesses. If you live in the Pearland, TX area, consider […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[10,12,11,9],"class_list":["post-124","post","type-post","status-publish","format-standard","hentry","category-commercial-insurance","tag-barry-insurance-group","tag-commercial-insurance","tag-home-business","tag-pearland-tx"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.barryinsurancegroup.com\/blog\/wp-json\/wp\/v2\/posts\/124","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.barryinsurancegroup.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.barryinsurancegroup.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.barryinsurancegroup.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.barryinsurancegroup.com\/blog\/wp-json\/wp\/v2\/comments?post=124"}],"version-history":[{"count":1,"href":"https:\/\/www.barryinsurancegroup.com\/blog\/wp-json\/wp\/v2\/posts\/124\/revisions"}],"predecessor-version":[{"id":125,"href":"https:\/\/www.barryinsurancegroup.com\/blog\/wp-json\/wp\/v2\/posts\/124\/revisions\/125"}],"wp:attachment":[{"href":"https:\/\/www.barryinsurancegroup.com\/blog\/wp-json\/wp\/v2\/media?parent=124"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.barryinsurancegroup.com\/blog\/wp-json\/wp\/v2\/categories?post=124"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.barryinsurancegroup.com\/blog\/wp-json\/wp\/v2\/tags?post=124"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}