|
Unfortunately, a traditional homeowner’s insurance policy often provides very limited protection for those items which usually make up a home office. As a result, the Home Office Protection Plan was developed. This coverage can provide extra protection over any losses which occur at your residence premises home office. Homeowner’s policies often don’t provide coverage for business related liability claims which occur at your home, or temporary relocation expenses in the event that your home office is unusable as the result of a covered loss. This coverage as outlined below (subject to certain sub-limits) is provided at no extra charge to NASE Members.
NASE Members are provided valuable protection for their business assets. Coverage includes:
Home Office Equipment:
- $7,500 per occurrence ($1,000 maximum per item with some special limits)
- $1,000 for electrical equipment per policy period
- $250 for tools per policy period
- $250 deductible per occurrence
Temporary Relocation:
- Up to $500 for temporary relocation of your Home Business
- Maximum of $250 per month
Liability:
- $20,000 Business Liability Coverage (at residence)
Coverage includes, but is not limited to:
- Fire/lightning
- Ice/snow damage
- Windstorm/hail
- Explosion
- Vandalism
- Theft
- Burglary
|
|
|
You may also be interested in the following: |
|
