Home & Property

Home Based Business

Insurance

Congratulations… you have a home based business. We love that Canadian entrepreneurial spirit! You likely know that this changes your insurance requirements and your insurance company will need to know the details about your home based business.

Each business has unique risks and needs. Maybe you work at your home office in isolation. Maybe you have clients coming and going throughout the day. Maybe you’re mailing out products to people. Each scenario changes the coverage you need to protect yourself and your business.

It’s time to talk with Advocate. We’ll work with you to understand the needs of your business and help you find solutions that are right for you. We’ll show you how you can protect your home and your business.

Get a Quote

Know Your Options

1-888-278-7584

1-888-278-7584
Call Advocate today for a Home Based Business Insurance quote.

Do I need additional coverage if I’m running a business out of my home?

Depending on the type of business you are running out of your home, you may require additional coverage. We will need to know if you have clients coming to your home, what type of business equipment, supplies or product you may keep at your home, the annual income generated from your home based business and the percentage of your home in which the business occupies, or if you have any employees. Generally, you will need to complete a Home Based Business questionnaire to determine your limits of coverage required.

Do I need additional coverage for high value items such as jewellery or artwork?

We want you to be confident that your valuable items are protected. We recommend that they be scheduled on your policy separately and insured to value. Current appraisals are generally required in order to add this coverage to your policy. Please contact us to discuss what options are available to you for scheduling your high value items. We will be happy to prepare a quote for you.

How does earthquake coverage work?

Earthquake coverage is not standard coverage on your personal property insurance and must be purchased as separate coverage on your policy. Each insurance company’s rates vary. If you are interested in adding Earthquake coverage to your policy please contact our office to discuss the different rates and coverage limits offered.

What information do I need to apply for home insurance?

A great place to start is determining the replacement value of your home. If you’re working with a licensed broker, they’ll have the tools and expertise needed to complete a new home evaluation. This can even be completed in about 10-15 minutes and will just require you to answer some questions about your home. You will also be asked about any updates that have been made such as – heating, roof, electrical and plumbing. It’s important that you share any information about prior claims you may have experienced and other details that could impact your insurance such as whether you operate a business out of your home.

We realize it is a lot to consider. Always work with a licensed broker who will take the time to discuss these important details with you and offer you solutions. At Advocate we not only want to know as many details as we can so we can build a custom insurance solution for you but we also work hard to apply as many discounts as we can to help manage your rates.

What is overland water coverage and how does it work?

Water. Water. Water. We’re hearing a lot about that lately due to an increase in severe weather. If there is a silver lining here it is that the increase in water damage losses have caused the insurance industry to find new ways to protect clients. Many insurance companies have enhanced their policy wording so more coverage is available than in the past. For example, Overland Water is now available. This provides coverage for, “fresh water from rivers and lakes, or water suddenly accumulating from heavy rainfall or spring thaw.” Please recognize that this is not flood coverage.

Please be aware that you have to request this coverage and be eligible to have it added to your policy.

If you want to discuss water coverage options, please contact our office and will be pleased to speak about your needs.

  • "We have recommended Advocate to many of our friends and family and anyone who got a quote also switched companies. Customer service is also excellent and I have and will recommend them again and again."

    - S. Hunter
  • "After a car accident, I was treated very well by Advocate's Personal Recovery Coordinator Linda. I am a happy customer and have referred many others to try Advocate as their brokerage of choice."

    - D. Kalinowski
  • "Linda is extremely considerate, compassionate and provides a level of service that is rare in this day and age. She is a true professional and a fantastic representative for the Advocate Group! Thank you for the great service!"

    - D. MacDougall
  • "I have been with Advocate Insurance since I got my first apartment 26 years ago, and have always had great service. Even though I am no longer in in the Kitchener-Waterloo area I still use them for them for all my insurance needs."

    - C. Johnson
  • "We were with the same insurance company for over 20 years, assuming that we were getting the best bang for our buck until we got a quote from Advocate. We saved a considerable amount of money on the insurance and our liability coverage was substantially higher."

    - S. Hunter
  • "I was referred to Advocate Insurance by a friend/home caregiver. They were easy to work with and explained everything clearly. They also are great at knowing what kind of daycare insurance I need for running a home daycare. I now recommend Advocate Insurance to everyone I talk to."

    - C. Goga
  • "My husband recently was involved in a 'fender-bender’ and was deemed not at fault. However, our car suffered considerable damage. Advocate Insurance Group handled our claim quickly and to our complete satisfaction. What could have been a difficult situation was stress-free."

    - J. Anthony
  • "I consider Advocate my insurance family. I always feel welcome and appreciated whether it be purchasing new insurance, changing existing insurance or simply obtaining clarification on a specific matter."

    - D. Kalinowski
  • "With two children becoming drivers at the same time, Advocate was very patient with all the changes being made. I always tell people to go to Advocate and they've never been disappointed."

    - K. Crane
  • "Advocate has been great for our business. Annual renewal is smooth and easy. Their friendly and personal service is second to none, and their skill set and expertise instills confidence that we are getting the best deal."

    - S. Dunn