Household Insurance
Does Working From Home Affect Household Insurance?
Every year thousands of people work from home or start their own business from the comfort of their house but does this affect your household insurance?
The issue of working from home and your household insurance is a common source of conjecture amongst thousands of homeowners each year. Much of the confusion comes from what you can and cannot do before a household insurance policy is affected.
Work That Doesn't Affect UIA's Household Insurance
It is true that there are some areas of work you can do from home on a regular basis that won't affect your household insurance.
If you are working from home in an administrative capacity or you set up a company from the comfort of your home that only requires you to conduct basic clerical activities, your household insurance will still cover you.
Many website-based companies are a popular venture for entrepreneurs working at home and because the duties are clerical and administrative they won't affect household insurance.
What Does Affect UIA's Household Insurance?
Household insurance does become affected when you keep physical stock or money, related to the business, at home or meet clients at your house. Any equipment bought for the purposes of work will not be covered following an insured event. Plus some specialised equipment could affect your premiums.
For instance if you started work as a welder in your garage the threat of fire could be increased, which would, in turn, increase your premiums. To cover any business equipment it is likely you will need a specialist insurance policy.
It is also worth pointing out that if you decide to employ someone you will need, by law, to have Employee Liability Insurance which will not be included in a household insurance policy.
To protect your home and its content get a household insurance quote online and save 15% today.