Home Based Business

Operating a home based business is a demanding task. Give yourself a sense of security knowing that your hard work will be protected if anything goes astray. This will let you focus on running your business instead of worrying about the "what ifs".

LCU Insurance Agencies is pleased to offer Home Based Business Cover.

Home Based Business Cover is a small home based business package offered as an extension on a homeowners, tenants or condominium policy through Family Insurance Solutions.

What is a home based business policy?

Coverage specifically designed for your home based business - Home Based Business Cover provides protection for business property and liability exposures that are otherwise not included in a standard residential insurance policy.

Who Is It For?

Home Based Business Cover is ideal for businesses that:

  • Generate up to $250,000 in annual revenue
  • Employ a maximum of 2 non-resident employees
  • Do not include hazardous operations
  • Do not have a US business exposure

What do I need Home Based Business Cover for?

  • Home Based Business Cover offers protection for businesses at home without the complications and high costs associated with commercial business policies.
  • Home Based Business Cover complements your HomeCover policy by offering the perfect combination of property and liability coverage to fit the needs of small home based businesses.
  • Home Based Business Cover is easy and convenient to add on to your existing HomeCover policy.
  • What's covered in a Home Based Business Cover Policy?

    Property Coverage

    Option 1

    Option 2


    $100 Annual Premium

    $150 Annual Premium

    Business contents on premises $15,000 $25,000
    Business contents off premises $3,000 $5,000
    Computer Hardware $5,000 $7,000
    Computer Software $3,000 $5,000
    Securities or Manuscripts  $3,000 $3,000
    Money (incl bank notes/bullion) $500 $1,000
    Liability $1,000,000 $1,000,000

    Liability Coverage Limits

    • Liability Extended to Business Operations including Products and Completed Operations (on and off premises) $1,000,000. Increase to $2,000,000 liability for an additional $25
    • Employer's Liability Included
    • Voluntary Medical Payments to customers injured on business premises $2,000

For more information

Please contact us for more information, or for a more personal experience, come in to the office to speak with one of our friendly and knowledgeable insurance specialists.