It is vital that you understand the risks that your business faces if you rely on your home insurance to protect your business. At Champion Insurance Agency, serving South Carolina, our independent insurance agents are experienced in commercial insurance.

Content Coverage

The content insurance that you have on your home is not designed to cover the things that you need to run your business. With commercial insurance, you have property insurance which covers the items that you use to do business. Most home policies would only cover a very small amount of what you actually have. In the event of a hazard damaging your home, you could lose the majority of your business property. Commercial insurance will provide the coverage you need. 

Liability Insurance

Commercial insurance is absolutely necessary when it comes to liability coverage. If you ever actually do business in your home with customers, vendors, or employees, and someone is injured, your home insurance will not cover it. If someone is not happy with the service or product they receive from you, and they sue, your home insurance will not cover this. You need to have commercial liability coverage. 

Business Interruption Insurance

There is nothing in home insurance that will help you to pay your business bills if your business is forced to be temporarily closed due to a covered peril. This is a very real benefit to your home business. 

If you live in South Carolina, contact our agents at Champion Insurance Agency when you need help with your commercial insurance. Give our office a call or contact us through our website to discuss your insurance needs.