🏠💼 Running a Business from Home in Canada? Don’t Overlook Your Insurance Needs.
The rise of remote work, e-commerce, and freelance services has sparked a surge in home-based businesses across Canada. But many entrepreneurs overlook one critical detail:
➡️ Your standard home insurance policy likely doesn’t cover your business activities.
📦 Whether you’re selling products, providing services, or storing inventory at home, you may be exposed to uninsured risks—and a single incident could be financially devastating.
🔎 Common Insurance Gaps for Home-Based Businesses:
• Business equipment, tools, and inventory.
• Liability if a client or delivery driver is injured on your property.
• Cyber threats, data loss, or intellectual property issues.
• Loss of income due to events like fire or flood.
✅ Coverage You May Need
• A home-based business endorsement.
• Commercial General Liability (CGL) coverage.
• Product liability or professional liability (E&O) insurance.
• Cyber insurance if you store client data or operate online.
• Business interruption insurance to protect against lost income.
💬 Pro Tip:
Speak with your insurance advisor to build a policy tailored to your business model. Just because you work from home doesn’t mean you’re risk-free—and the right coverage is often more affordable than you think.
📈 Protect your passion. Protect your profits.
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