Arbella Insurance Launches Cover Your Assets In-Home Business Owner’s Policy Program

New endorsement provides additional coverage for home-based entrepreneurs

 The Arbella Insurance Group (Arbella) is pleased to announce the launch of the new Cover Your Assets (CYA) In-Home Business Owner’s Policy (BOP) Program. The new endorsement provides general liability and business personal property coverage and is designed to meet the needs of Massachusetts small businesses operated from a residence when Arbella also writes the insured’s Massachusetts homeowners policy.

“During the pandemic, many people found creative ways to make money, like starting a business in their own home,” said William Hughes, Vice President of Commercial Lines at Arbella Insurance Group. “Our new CYA BOP was designed specifically with those home-based entrepreneurs in mind. As a leader in commercial insurance, we are committed to serving business owners and helping them protect their young companies.” 

CYA BOP provides up to $100,000 in coverage for business’ personal property and liability protection and is tailored to fit the needs of each business. It provides customers with the comfort of knowing that their assets are covered from a covered loss in the case of, for example, a home fire damaging their inventory or equipment, or a customer getting injured on their property.

Applicants’ business operations must be operated in or from a single-location residence that is covered by an Arbella homeowners policy, with gross annual sales of $500,000 or less. The business owners also need to have officially registered their business operation and obtained a Federal Employer Identification Number Tax ID. Additionally, there must be limited operation outside the home on the policy and limited customer traffic into the home.

For more information, please visit Arbella.com.  

About the Arbella Insurance Group  

Established in 1988, the Arbella Insurance Group (www.arbella.com) is an A rated company by AM Best, with more than $800 million in revenue and approximately $1.8 billion in assets. Headquartered in Quincy, Massachusetts, Arbella is a customer-focused, regional property and casualty insurance company, providing commercial insurance products in Massachusetts, Connecticut, Rhode Island and New Hampshire, and personal insurance products in Massachusetts and Connecticut. Recognized as one of the Boston Business Journal’s “Best Places to Work” for 13 consecutive years, Arbella is deeply committed to maintaining high levels of employee satisfaction and supporting a positive and inclusive workplace culture. Arbella attributes its success to their dedicated employees, strong agent partnerships and community focus.