Home Business and Working from Home
Working from home isn’t new. People have owned shops and small companies that they run from home for as long as one can remember. What is new, however, is that more people that have an actual desk job in an office find themselves being able to do most of their work from home.
These so called “telecommuters” or “internet commuters” are already a sizable proportion of the working population, and their numbers are growing exponentially. Alongside this growth, more people are working freelance from home, or setting up small companies that exist only in cyberspace.
For these workers a mere contents insurance isn’t enough, as it often doesn’t fully cover damage done to hardware, such as computers, or it doesn’t replace them fast enough. It’s also very uncommon for a simple home contents insurance to cover damage to software or loss of electronic information, which is absolutely vital when it’s your work and your life.
So getting a home workers insurance is the ideal thing to do in these situations. You can ensure specific pieces of hardware and specify what kind of software you own and how valuable your information is. It’s a definitively important tool for work safety and for peace of mind.
Home Business Expenses
There are less than scrupulous people out there that may be out to get you. This sounds like a paranoid statement but when you own a business you never know who you are going to meet when you turn a corner. Especially nowadays, where business is dealt almost anonymously at times, and the personal aspect is taken out of business.
What happens is that often these people try to take money from you in the most cowardly way possible: by threatening to take you to court because of a service that was allegedly done poorly on your part.
My advice is, in these cases, you need to make an example out of these people. They don’t want to incur in the legal expenses more than you do, and often they’re just bluffing to see if you just throw in the towel and decide that it’s not worth it. If you are prepared for this and have a good professional indemnity insurance policy in place, the legal fees will be fully covered by the insurance. And once you don’t have to fear the legal expenses, you can freely take these characters to court and, again, make an example out of them.