Do you run a business from home? Here’s what you need to know about your insurance




While running your business from home is considered a more convenient option, there are still insurance pitfalls and risks that you need to be prepared for. In order to protect yourself against damage or liabilities, you need to have comprehensive home-based insurance to guard you against these potential issues.


Home Office and Home Businesses, what's the difference?


While your home-based office may be covered by a personal insurance policy, a home business is not. If you work from home for an existing corporation then your policy does not need to change, it's only when your home becomes the primary address of a business do you then need to contact your insurer.


Should a break-in occur and personal belongings are stolen alongside business equipment then you may end up having your policy rejected due to failure to declare these items properly.


Risk Evaluation


There are a few areas in which you will need to take note of in order to determine risk.


  • Do you get client visitors on your property?

  • Do you own specialised equipment?

  • Do you own a company car? What is it used for?

  • Are you a manufacturer of tangible products?

  • Do you store a lot of information regarding client details on your server?

  • Do you have employees that work from your home business?


Getting the right cover


If the answer is yes to any of the above questions then a comprehensive business package is the best option for you. Here are some of the risks and claims you will receive coverage for.

  • Personal liability

  • Coverage for Equipment

  • Company Car Coverage

  • Product liability

  • Professional liability

  • Company Data and information coverage


We at PBA understand that each and every medium to small business has its own set of unique quirks. Our team is expertly trained in order to provide a comprehensive and detailed plan.


Contact us:

Phone: 011 803 9686

Email: vivian@pbafsa.co.za or bev@pbafsa.co.za


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