What revenue and square footage limits apply to a business owners policy?

A business owners policy typically caps eligibility under $5 million in annual revenue, with additional limits on square footage and employee count that vary by carrier.

Do I need a business package policy if I already have general liability?

A business package policy combines general liability and commercial property into one policy, usually at a lower cost than buying each separately.

Does a business package policy cover employees getting hurt at work?

No. Employee injuries are covered under workers compensation, which is a separate policy.

What is builders risk insurance and does US Assure write it in Georgia?

Builders risk covers structures under construction. US Assure is a program administrator that writes Georgia builders risk through independent agents with Zurich underwriting.

Does homeowners insurance cover a home-based business?

Standard homeowners policies provide very limited coverage for home-based business activity.

Business Owners Policy FAQs

What is the difference between home business insurance and a business owners policy?

All FAQs

Quick answer: Home business insurance is for sole proprietors and owner-only operations; it runs $250-800/yr.

Home business insurance is a smaller solution for a modest business run from your house, while a business owners policy (BOP) is a broader packaged policy for a more established business. The difference comes down to the size and risk of what you do, and choosing the wrong one can mean either paying for coverage you do not need or leaving a gap that costs you later.

What is home business insurance?

Home business coverage usually starts as an endorsement added to your homeowners policy. It raises the small business property limit beyond what a standard homeowners policy allows and can add a layer of business liability. This is a reasonable fit for low-risk, part-time, or side businesses that keep limited equipment and inventory at home, such as a freelance designer or a tutoring service operating out of a spare bedroom.

What does a BOP cover that a home endorsement does not?

A BOP bundles property coverage for your business assets, general liability, and business income coverage into one standalone policy. Business income coverage replaces lost revenue if a covered loss shuts you down temporarily, which a home business endorsement typically does not include. A BOP is built for businesses with more property, more customer exposure, or more risk than a simple endorsement can handle. For more on whether your business qualifies, see our FAQ on which businesses qualify for a BOP.

How do the two options compare in practice?

Home business endorsement: small, inexpensive, tied to your home policy, limited liability, no business income.
BOP: standalone policy, broader limits, includes business income, scales as you grow.

For example, a consultant in Alpharetta who occasionally meets clients at home and owns a laptop and a printer might be well served by a home business endorsement. The exposure is modest, the property value is low, and the cost of a full BOP may exceed what the risk warrants.

For example, a candle maker in Roswell who keeps $25,000 in inventory at home, ships orders daily, and has customers occasionally picking up orders in person would need a BOP. The inventory value exceeds what a homeowners endorsement covers, and regular customer visits create liability exposure that a homeowners policy is not designed to carry. Our FAQ on BOP cost versus separate policies explains how bundled coverage compares financially.

What coverage do both options leave out?

Neither a home business endorsement nor a BOP covers professional liability by default. If your business gives advice or delivers a professional service, mistakes in that work are excluded from general liability and from most BOPs without an add-on. Our FAQ on professional liability insurance explains who needs it and what it protects against.

How does homeowners coverage interact with business use?

A standard homeowners policy typically excludes business property above a very low sublimit, often $2,500 or less, and may deny liability claims that arise from business activity on the premises. Without at least a home business endorsement, a claim tied to your business could be declined entirely under your homeowners policy. Our FAQ on whether homeowners insurance covers a home-based business walks through where the gap sits. To match the right policy to the size of your business, start a free coverage review.