As I sit in my home office today I have already advise my household occupants that my office is open until 4:30 and I can not take any non business questions until after that time.

Of course there is some eye rolling and a stomp or two of feet, but then they go away.  The occupants have learned that if they want some thing, best to ask under the best of circumstances and for today, that would be after my home office is closed for the day!

As I said I am working from home today!   One of the things I am reviewing is home based businesses.  I am trying to learn.   Who has them?  What do they do?  How can we as insurance advisors get our clients to share their home business stories with us?

We would like to know about their home businesses for two primary reasons.

Reason #1

We LOVE to do business with local people that we know!  If our clients are in a business, when and if we can, we want to do business with them as well!

Reason #2

Many individuals assume that there home insurance is SUFFICIENT to cover their business activities and unfortunately this is NOT the case.  These home businesses typically need some business insurance.

The U.S. Bureau of Labor Statistics estimates that there are over 20 million home based businesses out there.   The Independents Agents Study estimates that over 60 percent of these have no insurance.

We want to get the message out there that you may want to consider some type of business insurance if you are running a home business.    Most policies define a home business as “activities” that generate more than $2000 in compensation during a specific time frame”.

So if you know of anyone with a home business, please remind them to check on their insurance!

We want all of our friends and families to have the coverage they need.

And if you are one of those home business people, please let us at Herlihy Insurance Group know all about your business so we can share your home business story in 2018!