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If you are starting a business from your home office, it will probably be a good idea to buy home based business liability insurance online at some point to protect your assets. Depending on the nature of your business, you will find a number of different insurance options at your disposal.
Of the four principal kinds of business insurance that you can purchase (general, professional, product and EPLI), home based businesses are almost exclusively concerned with general insurance to protect them from bodily injury, false advertisement claims, and property damage, and probably won’t be too concerned with things like errors and omissions (unless you are a profession who really, really hates the office), manufacturer’s insurance and, because the bulk of the business will be self-employment, the EPLI can usually be waived as well. However, when you buy home based business liability insurance online, you want to be sure that you are getting an insurance product of high quality, and to do that you need to exercise some selectivity.
Finding the right insurance requires two components: finding an insurer with a sensible quote, and verifying that the insurer is reliable. To do the former, you can compare the business quotes on Netquote and then afterwards check out what independent consumer reviews like JD Power and Associates have to say on the matter. Finding the right insurer is basically a matter of making sure that the company has a history of making timely and efficient payments, as well as not having a history of legal problems. Once you can verify this, you can rest soundly knowing that you did buy home based business liability insurance online correctly.
