Home Business Insurance |
Did you know that nearly 60% of home-based business owners don't have insurance? Insureds often believe their existing homeowners or apartment-dwellers policy will cover any loss or damage to their business equipment, furniture and supplies in the event of fire, theft or other catastrophe, when in fact, those policies usually explicitly exclude coverage for any business exposures on their premises. RLI's Home Business Policy provides affordable coverage for those people who operate small home-based businesses. Insureds often believe their existing homeowners or apartment-dwellers policy will cover any loss or damage to their business equipment, furniture and supplies in the event of fire, theft or other catastrophe, when in fact, those policies usually explicitly exclude coverage for any business exposures on their premises. The RLI Home Business Policy, however, is not intended for all types of home business. It is specifically targeted for over 100 retail and services risks operated from the insured's residence and presenting minimal product liability, professional liability and/or off-premises exposures. |
Benefits For Your Clients:
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Get Started With RLI To sell both the RLI Umbrella and Home Business Insurance policies, an RLI producer and IBSC Sub-producer agreement must be completed. Download the agreements below and submit to our insurance department at RLI@BigIMD.com or fax to 410-766-0993. |
How to Submit New Business: To submit new business, forward the completed RLI Application with a full premium check to: Insurance Brokers Service Corp 2408 Peppermill Dr., Ste A Glen Burnie, MD. 21061 | Payments: New Business: We only accept agency checks made payable to IBSC for new business. Do not send a check to us from your insured. It will be returned. Renewal Business: All Renewal Business is 'Direct Bill' |
RLI Producer Tools & Resources |
Questions? Contact Kate Langford, RLI Administrator, at kate@bigimd.com or (410)-766-0600.
2408 Peppermill Dr., Ste A Glen Burnie, MD 21061 (410)-766-0600 info@bigimd.com |