Simply Business, a Boston-based digital insurance agency focused on small businesses, has launced a new suite of tailored insurance solutions for home-based businesses. The new offering, RLI Home Business Insurance, is underwritten by specialty insurer RLI and covers home and offsite exposures such as general liability, equipment, furniture, fixtures and inventory. Adequate protection for these risks is not typically provided through standard homeowners’ insurance policies.
“A record number of new businesses were established in the U.S. last year, and many of those are owned and operated from home,” said David Summers, Group CEO of Simply Business. “This new offering from RLI is yet another example of the way we listen to our customers’ needs and respond with products that help protect, and ultimately grow, their businesses.”
“We are excited about our partnership with Simply Business,” said Eric Raudins, Senior Vice President, RLI Transactional Insurance Solutions. “RLI has insured home-based businesses for more than two decades, and we believe the combined expertise of our organizations uniquely positions us to serve small business owners and help protect their livelihoods.”
RLI provides tailored home business insurance for a wide range of entrepreneurs, including bakers, photographers, artists, entertainers and more. Coverage is available in all 50 states with limits up to $100,000.