Reflecting the trends of increased telecommuting, a rise in home-based businesses and, let’s face it, more constant surveillance of e-mails and social media, an increasing number of (city) new homes include a home office. If you plan to have a home office, you’ll want to talk with your insurance provider to see if you need extra coverage.

“Insuring a Home Office,” a post by expert Linda Rey on the

Equifax Personal Finance Blog, says that most homeowner’s policies cover only $2,500 for business property. Rey then discusses two types of basic policies for home offices. A Business Owner’s Policy (BOP) covers property and liability risks for small businesses. It is the most common policy for small business owners.

An In-Home Business Policy protects your papers, records, off-site property and accounts receivable, plus provides liability coverage. Sometimes, this type of policy will help you out if your home office is damaged and you can’t work in it. These policies may also be structured to cover employees.

A third option described in the article is a Homeowner’s Policy Endorsement or Business Pursuits Endorsement. It doesn’t provide as much coverage as the others, but if you’re not running a full business from your home, it may be plenty.  Endorsements mainly cover extra equipment (such as your computer) or liability for clients or delivery personnel who occasionally visit.

As always, the most important first step you can take is to make an honest assessment of your home office and/or business, then sit down for a chat with your insurance agent. You may be surprised at what your homeowner’s policy will cover – and at what it will exclude. For a list of items to consider as you plan your coverage needs, see Rey’s article in the

Equifax Personal Finance Blog. You can post your questions and comments there as well.