Renters insurance secretly covers your business assets today

Business Assets Coverage: A Hidden Benefit

While renters insurance is primarily designed for personal property, many policies include provisions for business property. This coverage typically applies to business-related equipment and inventory stored within your home. For example, if a fire damages your home office and its contents, your renters insurance may help cover the cost of replacing your business equipment up to a specified limit. It's important to review your policy or consult with your insurance provider to understand the extent of this coverage.