Renters insurance secretly covers your business assets today
Real-World Examples and Considerations
Consider a freelance graphic designer who operates from a home office. If a burst pipe damages their computer and other equipment, renters insurance may cover the cost of replacing these items, ensuring minimal disruption to their business operations. However, it's crucial to note that renters insurance may not cover business-related liabilities, such as client injuries or data breaches, which would require additional policies like business liability insurance.