Have you ever wondered, “Wait… do I need insurance for that?” You’re not alone. Insurance can be overwhelming, difficult to navigate, and (yeah, we’ll admit it) sometimes a little eye-glazing. Whether you’re planning investments as a small business owner or budgeting renovations as a newly minted homeowner, no one wants to make mistakes with their insurance. Don’t miss out on key coverages because of common insurance misconceptions.
Whether it’s protecting your assets or keeping your team safe, your Louisiana insurance policies have to be a priority that you check twice. And, our team at Henry Insurance will make it happen.
Take a look at 5 things you may or may not have thought about insuring—because sometimes, yes, you actually do need insurance for those things!
1. Should I Insure My Work-from-Home Setup?
For many small business owners, working from home or in a hybrid work environment is the new norm, even here in Baton Rouge. Working from home offers many benefits like schedule flexibility and shorter commutes, but it also has its challenges and unknown risks.
For example, did you know that your personal homeowner’s insurance likely does not cover the business equipment in your home office? Laptops, video cameras, printers, and even that standing desk and treadmill you invested in – they’re at risk if anything goes wrong. Whether it’s a burglary or a burst bathroom pipe, you could find yourself drowning in a big out of pocket payment.
Henry Insurance Recommends: Business Property Insurance
It’s an insurance policy that’s tailored to protect the assets you use to run your business and conduct work. And typically, a business property insurance policy will cover electronics, office furniture, and even inventory. Running a business is hard work, and you shouldn’t have to worry about replacing essential equipment if disaster strikes.
With the right business property insurance, you can work from home stress free – well, except for that climbing email inbox.
2. Should I Insure My Business’s Reputation?
Reputation is everything. It doesn’t matter if you have a brick-and-mortar storefront or operate entirely online—what people say about your business can make or break your success. Think about it: how long did you spend reading Amazon reviews before buying Christmas presents this holiday season?
From glowing testimonials to a barrage of negative comments, the perception of your business is integral to lasting success, especially in communities like Baton Rouge where word of mouth is so powerful. But here’s the kicker: reputations are fragile. So, how do you protect yourself?
Henry Insurance Recommends: Business Liability Insurance
A good liability policy can help you protect your operations and your reputation against damaging PR crises. If a customer or competitor files a legal claim against your business, liability insurance would cover court costs and legal fees. Or perhaps help cover the payout if you find yourself liable for damages.
With proper coverage, you have the safety net needed to take calculated risks as you grow your business. Ultimately, you can’t afford not to protect your business’s reputation in this digital age. It takes time to build a name that people trust, and it only takes one misstep to find yourself canceled.
3. Should I Insure My Office Furniture?
Maybe you’re a traditionalist with a beautiful mahogany desk and a tall wingback chair or maybe you’re creating a whole vibe with a vintage cowhide chair and limited edition framed prints… Your office furniture is more than just functional, they’re important tools that help your business run smoothly.
They can certainly be a big investment depending on your taste, style, and size. Like everything else in your home or business, you want to make sure they’re protected in case of accidents – a burst pipe, a power surge, a burglary.
Henry Insurance Recommends: Commercial Property Insurance
You don’t have to be a big corporation to benefit from commercial property insurance. Disaster doesn’t discriminate against the furniture of small business owners or freelancers. With a good commercial property insurance policy, you’re not on the hook if you need to replace expensive furniture, electronics, specialty equipment, or even decor.
Ultimately, no matter how careful you are, accidents happen.
4. Should I Insure My Equipment Rental?
Small businesses thrive on adaptability, and renting equipment is often a smart, cost-effective choice. Maybe you’re a contractor tackling a big project that requires certain tools, or perhaps you’re a videographer renting a specialty camera for a one-time event.
While renting saves you from hefty upfront costs, it also comes with notable risk: what happens if the equipment gets damaged, lost, or stolen while in your care?
Henry Insurance Recommends: Rented Equipment Insurance
Most rental agreements place full responsibility for the equipment on you, and replacing or repairing those items can be painfully expensive. Enter rented equipment insurance: it will cover the costs of fixing or replacing the rented items, so you don’t have to totally take out your budget.
After all, the last thing you want is a stolen tool or a dropped camera to derail your operations.
5. Should I Insure My Employee’s Lunch?
Yes, you read that right. If you’re a small business owner with employees, then you know how invaluable it is to create a great workplace culture. Since we all have a propensity toward hangry procrastination, providing meals, snacks, and team lunches is a thoughtful perk that gives your team a little boost of motivation.
But, what happens when your employee chokes on a sandwich or discovers an unknown food allergy that puts them in the hospital? While this is certainly rare, it’s a possibility.
Henry Insurance Recommends: Workers’ Compensation Insurance
Don’t skimp on employee appreciation, just make sure you have workers’ compensation insurance. This is an essential policy designed to handle any workplace accident with coverage for medical expenses, lost wages, or legal fees. Don’t lose sleep over unthinkable scenarios, just focus on your business and make sure you’re covered.
Get Better Coverage with a Baton Rouge Local Business
From the equipment you rent to the sandwiches you serve, there’s so many areas of your business that can benefit from proper insurance policies. While it’s sometimes tempting to skimp on coverage when the situations seem rare, you might find yourself with costly regret when disasters occur.
At Henry Insurance, we specialize in helping Louisiana businesses find customized insurance solutions that cover the risks they face every day, including the unexpected. We’re here to help you protect what matters most because insurance isn’t just about preparing for the worst, it’s about the confidence that comes from knowing you’re covered by a partner who cares.
Save yourself some stress in 2025, and give us a call today!