Either assumption may place you, your home and your business at risk.
Proper insurance can be one way to insure that the business is well protected.
This article will examine what aspects of a home based business are covered in a standard homeowners policy and then give advice on how best to protect your home and your business. It is simply not enough to rely on a standard homeowners policy when involved in a home business. This means that a detached garage used for a home office is not covered. Also excluded is equipment used in the business whether personal or a client's. This means that the computer you were fixing in your home based computer repair shop is not covered when there is a fire in the garage.