Insurance Education

The freedom of running your own business from home is an attractive option that more and more people in Springfield are choosing every day. One thing that can be easily overlooked is the need to consider small business insurance -- and the consequences that working from home can have for your household insurance.

It's often said that the real value of a business lies in its staff, and with a small Springfield company, that can be particularly true. Key person insurance (also known as key man insurance) is a form of small business insurance designed to cover the financial effects resulting from the death of a key employee.

Managing a Springfield business as a contractor can be very rewarding, as you work with homeowners to design and build the home of their dreams. Your advice and craftsmanship helps their dream home become a reality. It's important, however, to manage your business risks. Contractor insurance can help insure your business against damage to property or an injury received on the job. Here are five great reasons to consider contractor's insurance:

Many people have great memories of their homes. In addition to a place where you raise your family, your home is probably your most valuable asset, and as such, it's critical that you properly insure your home against damage or theft. Some types of potential damage, such as flooding, are not covered in a basic homeowners insurance policy. To address these potentially uncovered events, work with an insurance service center.