Home Businesses

The Government has announced that it is endeavouring to encourage flexible working for families, including inspiring people to set up businesses in the houses and work from home. nnHowever, for workers who are interested in setting up businesses within their houses, they will need to ensure, that they have sufficient home insurance to cover the projects that could take place in their homes.nnThis comes after recent news reports, have stated that 90 per cent of business, will allow for flexible working conditions, for their workers who have young children.nnDirect Line for Businesses, works to provide home insurance policies, specifically for businesses set up from homes. Features of their policies include, a 24 hour advice line for emergency assistance and legal advice. nnKate Syred, Head of Direct Line for Business, spoke about the Government’s aim towards encouraging flexible working conditions for families.nnSyred said: "The Government is proposing several initiatives to encourage parents to improve their work-life balance, including setting up their own business.nnShe continued: "People who are setting up their own businesses from home should be aware that they may not be covered by their home contents insurance. Most home policies exclude business conducted at home. We suggest that aspiring entrepreneurs review their insurance policies as they may need a home business policy which covers product and public liability plus theft or accidental damage to stock or specialist equipment.nnShe concluded: "Without the relevant insurance, home businesses will not be covered for business lost as a result of an incident in the home. People should also be aware of their liability to their clients for the products and services they provide."n