Home Business Insurance Policy
Liability and E&O Insurance
I am just starting my bookkeeping business.
Wondering if it necessary to carry the extra Liability and E&O insurance. Any advice would be helpful.
If you go to my article on home office expenses, you will find a section on Things To Consider
Check out the last paragraph under Insurance
. You will find two links to Michael James on Money
. They are discussions on why insurance agencies may not cover you if you provide professional customer services from a home office.
I found the blogs enlightening. You have will have to decide for yourself. Perhaps your insurance agency does not require it, perhaps they do and you haven't told them you are running a business from home yet. The decision is between you and your insurance broker.P.S. I would like to remind you there is a difference between information and advice. The general information provided in this post or on my site should not be construed as advice. You should not act or rely on this information without engaging professional advice specific to your situation prior to using this site content for any reason whatsoever.