The COVID-19 pandemic has turned working from home from a privilege into a necessity. More of us than ever before have had to use the dining room table as our desk and set up home offices from which to work. When you’re working from home, you need to consider your insurance and how you will stay protected. When remote working, consider these insurance tips.
Your company should cover you
If you are an employee working from home, the business should be able to protect you – to some extent. It should have cyber liability insurance that will cover the damages if a cyber breach or attack happens on a company-owned laptop or computer. They should also ensure that any devices are up-to-date with the latest antivirus and firewall software, and encourage employees to use strong passwords and report phishing attempts. An employee’s homeowners insurance typically won’t pay to replace a business-owned laptop that was stolen or damaged outside of the office, so business owners should be aware of these risks and find suitable coverage.
Home-based businesses
If you’re branching out on your own and setting up your own business, you will not have a company to protect you if the worst happens. Your homeowners insurance will also limit what coverage it offers for your business activities and property. For this reason, it’s essential to consider taking out a commercial insurance policy that safeguards your equipment and liabilities. As a business owner working from home, you may need general liability insurance, a business owners’ policy, professional liability coverage, and more.
The team at Reata Insurance Group are here to help you navigate your way to a reliable insurance policy. Located in Lakeway, we help Texan business owners. Contact us today for more information.
