YUKON · HOME BUSINESS

Home-Based Business Insurance in Yukon

A personal home policy is not automatically a complete business policy. The insurer needs an accurate description of the operation, business property, visitors, stock, revenue and off-premises work.

Requirement, contract and recommendation are different. Verify the current law, licence, customer contract and policy wording for the actual operation.

Key points

01IBC recommends insuring for the specific property and liability risks a business faces.

Confirm the current Yukon rule and insurance contract for this business.

02Business equipment, inventory and customer property can need commercial coverage.

Confirm the current Yukon rule and insurance contract for this business.

03Customer visits and off-site work can change liability exposure.

Confirm the current Yukon rule and insurance contract for this business.

04Business-name registration and insurance are separate questions.

Confirm the current Yukon rule and insurance contract for this business.

Disclose the business use

Tell the insurer what the business does, where work happens, whether customers visit, what stock or equipment is kept and whether employees or subcontractors are involved.

Separate personal and commercial property

Computers, tools, inventory, samples and customer property can exceed personal-policy business-property limits or fall outside intended coverage. Confirm how each category is insured.

Complete business registration separately

Government of Yukon provides separate steps for choosing and declaring a business name. Registering the business does not create property, liability or interruption coverage.

PRIMARY SOURCE

Verify the current Yukon information

Government of Yukon — Start a business →

More Yukon business research