Boston-based digital insurance agency focussed on small businesses Simply Business, has launched 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.
Simply Business said adequate protection for these risks is not typically provided through standard homeowners’ insurance policies.
The company said it is changing the way small business owners find business insurance by offering customers tailored insurance coverage online. The company began in the UK and expanded to the US in 2017.
David Summers, group CEO of Simply Business, said, “A record number of new businesses were established in the U.S. last year, and many of those are owned and operated from home.
“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.”
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