Thanks to the internet, nearly any New York resident can run a business from their condo. You can become a blogger or marketer, sell handmade items, offer online classes, and more. However, working from your condo doesn’t mean you can skip business insurance. Having the right policies to protect your venture can make the difference between long-term success and an unexpected closure.
What About Condo Insurance?
Condo insurance is designed to protect your personal belongings and provide compensation if you need to move out of your condo after a covered incident temporarily. However, it won’t cover any of your business assets or provide business interruption insurance. Condo insurance also doesn’t offer compensation for business-related liability claims for incidents that occur in your condo.
Even more importantly, condo insurance won’t provide liability coverage for your business in the event of a lawsuit. Every business should have a reliable liability insurance policy that covers claims related to product liability, marketing liability, bodily injury, and property damage. Cyber insurance is another valuable form of coverage to consider, especially if your business processes clients’ personal or financial information.
Call Kimberly J Brennan Agency in Patterson, NY for More Information
Your commercial insurance needs will vary depending on your business setup and industry. However, the Kimberly J Brennan Agency is well-equipped to handle any commercial coverage requirements you may have. We specialize in serving entrepreneurs and small business owners in and around Patterson, NY, and can provide you with multiple policy options along with personalized advice on choosing a stand-alone policy or bundle. Contact us today for more information or to request price quotes.
