Insurance for Home-based Business and Online Retailers

Home-based businesses are one of the fastest growing segments of the commercial market, yet as many as 60% are uninsured. With the Ultra Specialty Services program from Safeco Business Insurance, you can protect your home-based business for as little as $195 a year.

Safeco offers business insurance coverage that is designed specifically for home-based businesses and online retailers. Important liability coverages are built in, and you can tailor your protection from a selection of optional coverages. This means that you’ll receive coverage only for the things that you actually need, which help make it a much more affordable option than other business insurance.

Your business has valuable assets that need protection, including your business property, products, merchandise and equipment. You also need to reduce your exposure should an incident occur, and ensure you are protected from lawsuits. And while your homeowners policy protects your home, your personal property and your personal liability, your home business’ liability, assets and products may not be covered under your existing homeowners’ policy.

With our business protection, if your business takes you out of your home, you’re still covered wherever your business takes you (in the U.S. Puerto Rico and Canada). Safeco insures your on- and off-premise liability against a number of incidents, including property damage caused by your products, as well as bodily injury to your customers.

We cover over 130 types of home-based businesses and online retailers, including jewelers, tailors, personal trainers and consultants. Talk to an independent agent to learn more.

Liability Insurance

General Liability

For covered acts, provides protection for damages legally owed to others as a result of your business operations. Limits of liability are available to cover claims of the following type: bodily injury, property damage, personal and advertising injury.

Voluntary Property Damage Liability

Provides $2,000 coverage for any one occurrence (up to $7,500 a year) for damages, for which you are legally liable, to property in your care, custody and control.

Tenants’ Property Damage Liability

Provides a limit equal to the per occurrence limit for property damage, for which you are legally liable, to premises rented to you.*

Lost Key Coverage

Provides $1,000 coverage for any one occurrence (up to $2,500 a year) for the cost to replace or re-key locks.

Optional Liability Insurance

Employee Benefit Liability

Covers you for financial loss related to private employee benefit programs due to administrator’s errors and omissions.

Non-owned/Hired Auto Liability

Covers you for exposures due to non-owned or hired commercial autos when no other auto policy exists (not available in all states).

Optional Property Insurance

Sewer or Drain Backup

Provides $5,000 coverage for damage caused by water that backs up from a sewer, drain, or sump.*

Extra Expense

Provides up to 12 months coverage for extra expenses incurred during restoration of your business after a covered loss.

Optional Crime Insurance

Employee Dishonesty

Provides coverage for loss of your business property and money and securities caused by covered dishonest acts committed by your employees.*

Money and Securities

Provides coverage for theft, disappearance, or destruction of money and securities.*

Other Important Options

Tools and Equipment

Coverage for tools can be added to your policy, as well as coverage for employees’ tools.

Leased Tools and Equipment

Provides coverage for leased or rented equipment and tools leased for no more than 30 days.

Accounts Receivable

Provides coverage for amounts due from your customers that you are unable to collect because of loss or damage to records.*

Valuable Papers or Records

Provides coverage for loss of documents, manuscripts and records, including data media, caused by a covered hazard.*

*Basic coverage limit provided – additional coverage may be purchased.

Talk to your agent about this and our other package programs for small business. Safeco has insurance to protect your business from the ground up. And with Safeco’s legendary claims service, you can be confident that your company is protected by the best insurance value available.