Get Business Use Exclusion

Common exclusions in even the most comprehensive homeowners policies include: earth movement, such as earthquakes; sinkholes or landslides that damage your home; water damage, such as floods or sewer back-ups that leak through a pipe or seep through the foundation causing damage to your home; damage resulting from ...

A business insurance exclusion is a provision that removes your coverage for certain risks, hazards, or events and outlines what is not covered by your policy. They are designed to help keep the price of premiums affordable.

BOPs do NOT cover professional liability, auto insurance, worker's compensation or health and disability insurance. You'll need separate insurance policies to cover professional services, vehicles and your employees.

Legal action over hiring or firing practices. Business property damage. Accidents involving employee vehicles or company-owned vehicles. Claims beyond your policy limits.

Examples of a business use classification would be a lawyer driving his own car to client meetings, a realtor driving her own vehicle to home showings, etc… Commercial use includes (but is not limited to) using your vehicle to transport tools and materials to your place of employment or site, or any type of delivery.

An exclusion is a provision in a business insurance policy that eliminates coverage for certain types of risks. Many risks excluded by business insurance policies fit into categories including catastrophic, maintenance-related, and intentional/illegal activity.

Other exclusions for property damage could include vermin or insect damage, wear and tear, corrosion, contamination, dampness, rust, mildew, lack of maintenance, errors in design, plan or specification, faulty workmanship or materials, and loss of business due to labor disputes or strikes.