Telecommuting (working from home) has become a viable option over the past couple of years. With office rental costs and gas prices as high as they are here in California, many companies have allowed employees to work remotely. Does your California home insurance policy cover this type of exposure?
Home insurance policies typically restrict or exclude coverage for business property such as computers, fax machines, etc. Coverage is usually limited to $2500 for home office equipment used in the business in your home.
Liability issues also may arise if clients are coming to your home and a client sustains an injury. Coverage can usually be added by endorsement for an additional premium to cover this exposure.
One more thing to consider when working from home is your California auto insurance coverage. Are you going out to visit clients? If so check your auto policies for business use exclusions, this can also be amended to include business use.
It’s better to be safe than sorry when it comes to the proper California insurance coverage. It’s always a good idea to check with your insurance agent if any situation is in question. Give Remland Insurance a call today at 714) 532-3341 to review your coverage and gain piece of mind.
Written by: Kathy Breeling
Photo Credit: Adult Stem Cell Enhancement Blog