Replies

1. 
   generalkael | Sep 29, 2005 10:50pm | #1

   You might not be able to mix your homeowners and home business insurance in one. You might have to take out seperate policies, which is the case in some states. I wish I had the name of some companies, but unfortunately I don't know many business insurers. Have you googled it?

   Scott
   Slacker Extraordinaire
   Specializing in nothing but knowledge in everything.
1. 
   rpholland | Sep 30, 2005 02:10am | #2

   I am going to talk to an independent agent next week. I would bet that there are alot of at home businesses that never notify their insurer, and probably a lot that never considered having to do that. I will do some searching online tonight. Thanks.Robert

2. 
   notDusty | Sep 30, 2005 04:03am | #3

          rpholland,

                              Although I am not an expert on insurance , I have been working from my home property for about 12 years now . What I learned was that some insurance companies will not cover your homeowners insurance if there is a business on the same property . As you were told not all companies offer coverage for wood shops . What I ended up doing was gave our whole package to one company and they outsourced for the carriers . We have several vehicles , homeowners insurance , contractors liability business coverage, and any others that they carried made it more of a package for them . Getting coverage on your own shop building and it's contents , now that is interesting to say the least , be prepared !

                  good  luck    dusty  

3. 
   dirtstirrer | Sep 30, 2005 06:00am | #4

   Robert get the checkbook out.  It'll cost a bunch more, and you'll never use it :) 

   Gotta have it though.  I've had good luck with The Hartford, and Lloyds of London will still cover practically anything.  Both have been good companies for me.  I actually bet that if you comparison shop using an independant agent, you'll find that you can get a better rate then your current coverage.  I think you need to periodically shop insurance companies, or at least agents, just to keep then honest. 

   Geeze I hate paying for insurance.  Almost as bad as taxes.

    

   Steve
4. 
   GRW | Sep 30, 2005 10:51pm | #5

   Robert,

   I've had problems with this too. Thanks for bringing it up.

   So far, I found I can get liability coverage without any problem.

   The Ins. Companies I've talked with say I can't have a woodworking business

   inside my home. (detached is OK) The only way they will cover

   me is if I insure the whole house as a business.  If my woodworking is a hobby,

   they have no problem with it. No $$ can change hands though.

   A member of this site once wrote..I just build things out of wood

   and give them to my wife.. What she does with them is her business.