Many companies now encourage their employees to work remotely from home. But what about your home office space and all your work equipment? Is it covered by your Denver, CO home insurance policy? AFI Insurance discusses what you need to know when protecting your work-from-home office.
What is Covered?
In most cases, your home insurance policy will cover the property in your home office, such as computers, furniture, and supplies. However, there are some limitations on what is and isn’t covered. For example, suppose you have expensive electronics like a professional camera or high-end audio equipment that you only use for business purposes. In that case, your regular policy may not cover these items. In this case, you may need to purchase additional coverage to ensure they are protected.
Business liability insurance coverage is critical if you are interacting with customers regularly. It can provide protection if someone slips and falls in your home office or if something happens to damage another person’s property while you are working from home.
Will My Rates Increase?
The cost of covering the contents of your work-from-home office may cause a slight increase in your premium rates depending on how much coverage you need. However, it’s important to remember that having the right level of protection can save you money in the long run if something unexpected happens while you’re working from home.
If you work from home in Denver, CO, it’s essential to ensure that you and all your belongings are adequately protected. Do you still have questions? Contact AFI Insurance today – we’re here to help.