Virtual Assistant Forums | Work from Home

Cathy · #1 (**permalink**) 09-10-2008

Was wondering how many have business insurance?

If so, what kind of coverage?

Office Goddess · #2 (**permalink**) 09-10-2008

There is a really good thread on this forum regarding insurance. I have General Liability, Errors & Omissions (I am a bookkeeper), and a Service (theft) Bond.

Read these threads:
Errors & Omissions Insurance
Business Insurance?

Cathy · #3 (**permalink**) 09-10-2008

thank you for the links i will check them out

Karen Mitchell · #4 (**permalink**) 09-20-2008

Thank you for the info. This was one more thing on my 'to-do' list.

BayAreaVA · #5 (**permalink**) 09-30-2008

You guys made me a lil nervous cause there is no place on the planet more sue happy than CA LOL so I just googled a few places and asked for a quote.

Avocet · #6 (**permalink**) 09-30-2008

Thanks for the links!

It is just amazing how many things you have to think about when starting up a new business!

I'm sure these will be very handy!

Avocet

madeleine · #7 (**permalink**) 09-30-2008

If you own a home, can't you add it to your homeowners insurance since it's a virtual business being done out of the home?

Office Goddess · #8 (**permalink**) 10-01-2008

Yes, you can BUT - my homeowners insurance recommended that I purchase separate general liability for my business. It's only $500/month

Karen Mitchell · #9 (**permalink**) 10-01-2008

Would that possibly be per year? Oh I hope so or it's off my budget list.

lanelt · #10 (**permalink**) 10-02-2008

Originally Posted by madeleine

If you own a home, can't you add it to your homeowners insurance since it's a virtual business being done out of the home?

I have my equipment and on-site accident policy covered through my home policy. My E&O policy is a completely separate policy.

I got quotes from a couple places, the best price I found was through State Farm Specialities. Call you local State Farm agent and (most of them) can help with that. I did have to change my agent because the first one had no clue about this (and I didn't like him anyway). You also get multi-discounts if you carry your home and auto with them so contact whoever carries that for you. State Farm can also write your workers comp policy for you. It's nice to have one person handling everything for you.