What it does
Provides broader coverage for valuable papers and records of the home business than the base HO 07 01 terms.
Who needs it
Home businesses with important records.
Quoting and selling notes
- Consider cyber coverage for electronic data, which this does not replace.
Editions and availability
Editions in use and where they apply: 03 22 (38 jurisdictions); 05 11 (7 jurisdictions: AL, CA, CT, GA, HI, OR, VI).
A homeowners policy is not built for commercial exposures. Workers compensation for employees, business auto, professional liability and larger product or premises exposures need commercial policies; use homeowners endorsements only for incidental activity and move growing businesses to a BOP or CGL program.
