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   If you have any type of business in your home you should consider the risks and look into purchasing insurance to cover them.  Even if you currently have Homeowner's or Renter's insurance, you probably won't be covered for a loss that is work related.  That is, unless you purchase adequate insurance to insure yourself and business.  Coverage from a Homeowner's policy that will extend is VERY limited and in some cases will not extend at all. 
   Let's assume you have a Homeowner's policy.  Here are a couple of scenarios where you would wish you had additional coverage.  Someone, maybe just a UPS man, falls and gets hurt while dropping off a package or payment.  If it is work related, coverage can be denied by your Homeowner's policy.  Or, maybe you are selling cosmetics and all of your merchandise, samples, files, computer equipment, cabinets, etc. are lost in a home fire.  Not only do you have to replace these items, but you also are out of work for weeks or months while you are repairing your home.  Your Homeowner's policy could refuse to cover any of these things.  In addition, some Homeowner's insurance carriers may decide to non-renew your policy due to the extra exposure your home-based business causes.  
   So, what can you do to make sure you are covered?  First, start by discussing this with a licensed insurance agent in your area.  There are a few options.  Depending on your exposure, you can add a rider or endorsement to your Homeowner's policy.  This is pretty inexpensive, but the coverage is still pretty limited.  For more comprehensive coverage you can purchase a Home-Based or In-Home Business Insurance Policy.  Or a full Business Owner's Policy can by obtained if you are looking for liability and property coverage with all the bells and whistles.
   It is worth your while to discuss this with an agent.  In most cases coverage can be purchased easily and reasonably priced.  With insurance, it doesn't pay to be penny wise and pound foolish. 
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