Does Renters Insurance Cover Home-Based Businesses?

Online businesses and small side hustles have become increasingly common in today’s digital age. Many people are looking for ways to earn extra income. However, you are technically running a business when you operate a side hustle or engage in side work from home. As a renter and a business owner, you might wonder if your renter’s insurance policy would cover business-related incidents since they occur on your property. This article will explore what renters insurance covers and how you can get a policy for your belongings or your business with the help of Idaho Select Insurance in Meridian, ID.

Does Renters Insurance Cover Home-Based Businesses?

Suppose you operate a business from an apartment or a home you rent, either as a sole proprietor or another business owner. In that case, it’s important to understand that renters insurance is designed to protect the contents of your rental and regular liability. It does not cover liability related to your business or any other issues that your business might encounter. If you want to ensure that your business is covered along with your property, you will need to purchase commercial insurance. This will ensure that your sole proprietorship, LLC, or other business structure is protected in the event of liability or damages.

Find Renters Insurance and More at Idaho Select Insurance

Finding the right insurance can be challenging, so it’s beneficial to have someone on the inside who can simplify the process. The team at is beneficial Idaho Select Insurance in Meridian, ID, makes it easy to compare quotes to find the right coverage for your needs. Compare quotes with us today!