Businesses need insurance, there's no question about it, and that's where domestic property insurance brokers step in. Your needs will vary depending on if you work from home or from a separate office, and also if you rent versus if you own your property.

As a business owner, you'll need to work with US property insurance brokers to find the right policy for your specific situation. Brokers can offer you many options since they are not obligated to sign you up for a policy from any specific company. Therefore, they are free to find you the best coverage for your budget. Consider the following:

1. Get quotes from US property insurance brokers if you work from your home. You may have to amend your regular homeowners insurance policy if you have customers coming to your home for business.

2. Obtain rental insurance quotes from reputable national property insurance brokers. If you work at home but you're renting your house or apartment, you'll need coverage for your belongings.

3. Consider buying a business owner's policy if you operate your business from an office building. Domestic property insurance brokers can tailor the policy to your needs.

Action Steps
The best contacts and resources to help you get it done

Get homeowners insurance quotes from national property insurance brokers

If you carry a mortgage loan, you are required by law to have homeowners insurance. Besides that, if you run a business out of your home, you have additional contents that could be damaged or stolen if something were to happen to your property. Protect yourself with the right homeowners insurance policy.

I recommend: Check out the selections at Colonial Group, which offers insurance for traditional homes, mobile homes, modular homes and even log cabins. Utica Mutual offers homeowners insurance in several different states.

Obtain renters insurance from US property insurance brokers

If you rent, you can still protect your belongings against damage or theft. This type of property insurance is very inexpensive and is a must for anyone who rents. If you do business out of your home, it's imperative that you protect yourself against natural disasters as well as burglars. If something were to happen, you don't want to lose valuable time and money. A renters policy quickly reimburses you for your losses.

I recommend: Get a quote for renters insurance from Homesite. The brokers at Hub International will help you figure out what coverage is best for you.

Buy a business owner's policy from domestic property insurance brokers

A business owner's policy is sort of an umbrella insurance policy. It protects not only against liability but also against damage to your property. This is sort of like a renters or homeowners insurance policy for those working out of separate office buildings (as opposed to working from home).

I recommend: Send in an application for a business owner's policy from Seabury & Smith. If you run a medical clinic, MAG Mutual can give you a quote that will cover your medical equipment.

Tips & Tactics

Helpful advice for making the most of this Guide

• •  Consider using national property insurance brokers to buy other policies. If you need auto insurance, life insurance or even health insurance, in many cases, your broker can set you up with these policies also. You may even get a multi-policy discount.