or professional liability insurance.
If you have employees, you might be required by state law to offer workers’ compensation and disability insurance.
The cost of home business insurance varies according to the type and the amount of coverage you need, the kind of business you operate and your geographic location. Contact your insurance agent for specific premiums and the best coverage for you. For more information, contact the Insurance Information Institute at 212-669-9206 or www.iii.org. Or call the National Insurance Consumer Help Line at 800-942-4242 or read the black enterprise Guide to Starting Your Own Business by Wendy Beech (John Wiley & Sons, $19.95).