In Home Business
is an E&O claim lurking in your homeowners policies?
Home-based business owners are susceptible to losses just like any other business owners. Many discover that their homeowner’s policy contains exclusions for business pursuits—but usually not until after they have suffered a loss.
RLI’s @Home Business policy, available to offer clients through your IIAV membership, responds to the needs of over 100 eligible business classes on an ISO BOP form.
It offers comprehensive coverage for business personal property (both on-premises and while temporarily off-premises), along with up to $1 million in business general liability protection. Loss of business income coverage and medical payments are also included.
Premiums starting at $150, competitive commissions, easy underwriting and a self-rating application should make this product an easy sell.
Among the eligible classes of business are:
- Interior Designers
- Insurance Agents
- Clothing retailers
- Computer Svcs
- Cosmetic sales
- Cookware sales
- Windshield repair