Working from Home Insurance, also known as Home Worker Insurance, is a separate product to Home Insurance and will provide cover for both your business and personal insurance needs.
An increasing number of people now work from home, but conventional Home Insurance doesn’t always offer adequate cover for home workers. For example, you may have valuable IT equipment in your home which needs to be insured. You also need to consider the risk of an interruption to your business if your home is damaged or destroyed by fire or flooding.
Not only do you and your business face greater risks than the normal householder, failing to inform your insurer that you work from home could mean that your existing Home Insurance is invalidated.
With the help of our brokers at Schofield the protection provided under your existing Home Insurance can be extended to include the cover needed for your business.
What could Working from Home Insurance cover?
Insurance for home workers will typically cover the following:
- Office contents
- Portable equipment
- Public and Employers’ liability
- Business interruption
- Goods-in-transit cover
- Cover for business money kept on the premises, in transit or in a safe.
- Buildings
- Personal contents
Additional cover options can include:
Accidental damage cover – For example, if you accidentally drop your laptop and break it, cover is provided for any repairs needed, or a replacement if it is beyond repair.
Personal possessions cover – Personal items that you take out of your home, including laptops, cameras and jewellery can be added onto your Home Worker Insurance policy.
Business legal expenses cover – Legal expenses provides confidential advice on any personal or commercial legal matter. The cover also includes the costs incurred in hiring a solicitor to help pursue or defend certain business or personal legal issues.
For enquiries around your Working from Home Insurance please contact us at Schofield on 0113 250 0377 or click here to contact us online.
