Do You Need Insurance for Your Home Business?

Nina L. Kaufman, Esq.

Nina L. Kaufman, Esq.

Nina L. Kaufman, Esq., owner of Ask The Business Lawyer, is an award-winning business attorney, speaker, and Entrepreneur Magazine online contributor. She saves consulting and professional services companies time, money, and aggravation by serving as their outsourced legal counsel.

Posted on July 6, 2014 in Money & Finance

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You betcha you do! Home business, office business – doesn’t matter. If you’re in business, you should have it. Like the old American Express tagline, “Don’t leave home without it,â€? I caution entrepreneurs not to go into business without it. Particularly as many of them prefer to operate as sole proprietorships, in which case their personal assets are at risk in the event of any problem or calamity.

And make sure to read the article, “Do You Need Insurance for Your Home Business?â€? by George Devendorf on the Professional Insurance Blog. It provides the very apt example of an eBay entrepreneur . . . and you’d not be alone in thinking, “Everything’s online! What would someone like that need insurance for?â€? Read on to find out why.

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