Home Office Business Insurance

Do You Work From A Home Office?

Have you ever heard the expression, “when it rains, it pours”? This means that when something goes wrong, a lot of things go wrong. This expression could apply to any business that you are running out of your home. No matter if your hobby has blossomed into a home based business, you sell items for extra income, or use your computer and phone to run a business, you need to make sure that you have an insurance policy to cover loss and damage.

Have you considered what would happen if the items that you store in your home that you sell for extra spending money were damaged due to a fire or flood? What happens if they are stolen? What if you use your computer for your home based business. What happens if your computer, printer, scanner, file cabinets, or office supplies were ruined due to fire or water or even worse, stolen? Does your homeowners insurance cover these items or not?

These are all very important things to consider when you work from home. Does the company you work for cover any loss due to fire, flood, or other? Different organizations may work it differently. If you are self employed and lose your computer, files, inventory, etc. does your homeowners insurance policy cover your loss? A licensed insurance agency will help you to understand what is covered and what is not.

At Gulf Coast Educators Insurance we encourage you to contact your insurance agent to find out what happens if your home office is destroyed or damaged. Our highly trained agents would be more than happy to discuss your insurance policy and its coverage with you. We have three insurance office locations so we are sure to have an office near to you. To contact our Ft. Myers office, please call 239-997-0420. To reach our Naples office, please call 239-591-0963 and our Port Charlotte office can be reached at 941-391-5423.

Having insurance to cover loss of items needed to run your business is highly important. How would you replace your computer, printer, or items that you sell for profit if they were damaged or stolen? What about the time and business you would lose if you had no insurance and had to cover all of these items out of pocket. Would you be able to afford it?
Gulf Coast Educators Insurance is the leading agency for insurance and financial services in Southwest Florida. Along with issuing and/or reviewing your homeowner’s policy, we can also help you with all of your insurance needs. For more information about homeowners insurance and what exactly it covers, please review our website. We look forward to helping give you peace of mind regarding your homeowner’s insurance coverage. Please visit online or give us a call at one of our three conveniently located offices. For the best homeowners insurance agency near Ft. Myers, Naples and Port Charlotte we invite you to call us! We know that we can help you!

Homeowners Insurance – Not all created equal

Has your home insurance policy had a check up recently?

Did you know that not all home and property insurance policies are created equal? That’s right the first thing to consider is finding the best insurance agency in Naples, Ft. Myers or the Port Charlotte area. Working with an agent who is knowledgeable and will help you consider your options and not just sell you the most expensive policy so they make the most. There are several other elements to consider when purchasing the best homeowners insurance policy to protect you:

1) Your deductible – do you truly know your deductible? Is it a dollar amount or a percentage? You don’t want to have sticker shock if after storm damage you realize that your deductible is not a dollar amount but rather a percentage of the limit of your policy.

2) Loss of use coverage – this is coverage is your home is a total loss and uninhabitable. The coverage would pay for hotel stays or an apartment rental while your home is being repaired or rebuilt.

3) Do you have enough liability coverage? Liability coverage protects your assets in the event somebody gets hurt on your property and sues you. There are additional coverage opportunities to liability coverage such as personal catastrophe liability. This would give you an extra one to five million dollars in coverage added on to your homeowners and auto insurance.

4) Can you customize your policy? Do you need Inland Marine coverage or flood coverage? Depending on your needs you may one or both types of coverage.

5) Is the insurance company you have your policy with, are they financially sound? Will there be money available to you in the event of damage that is covered? Gulf Coast Educators Insurance is a Horace Mann Agency. We are financially sound insurance agency. You can check the ranking of any insurance company by checking the ranking from Ward and A.M. Best. They release the ranking on an annual basis.

6) Guaranteed Replacement Cost – with this type of coverage you can rebuild your home without worrying about depreciation, policy limits or insurance construction costs. If you have a cash value plan then depreciation is taken into account when calculating your reimbursement amount.

7) Protect your home improvement investment – any time you complete a home improvement project be sure to let your insurance agency know so they can adjust your limit if needed.

What this boils down to is selecting the best insurance agency in Naples, Ft. Myers and Port Charlotte. Which agency is going to work with you, be thorough and offer the best insurance rates for what you need. Buying too much insurance is excessive while being under-insured is risky business.

For more information about home and property insurance please call us at any of our three locations, Port Charlotte, Naples and Ft. Myers. We service Southwest Florida.