Redmer Shines Light on Common Coverage Gaps
Piggyback on the Maryland Insurance Administration’s (MIA) recent press release to be certain your customers are properly insured. Insurance Commissioner Al Redmer Jr. last week issued an advisory on home-based business and telecommuting insurance considerations, which encourages affected Marylanders to reach out to their agent.
Contact your insurance agent or company representative, ask questions, and check your coverage to see if there are gaps. A failure to disclose to your insurance company that you are running a business out of your home may result in there being no coverage for a business-related claim, or a policy may be non-renewed.
The lengthy discussion delves into risks and insurance considerations, as well as tips for lowering related insurance premiums.
Rely on our vetted content to help educate your customers on insurance considerations for home-based businesses. Our library includes “Insuring a Home-based Business” – which offers answers to FAQs as a professionally designed, customizable flyer and as raw copy to repurpose as you see fit.
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