From This is Money:
Spare bedrooms, garden sheds and even the kitchen table are becoming the new base for working Britain.
More than 3.5m people work at home for some or all of the week, according to the TUC – about one in eight of the working population.
The wave of redundancies triggered by recession has prompted thousands more to set up on their own. But recent research by insurer Direct Line found that almost a third of people running a business from home had no specialist insurance.
Many basic policies offer cover for business equipment used in the home, typically between £3,000 and £5,000, but this is designed only to protect those who occasionally do screen-based work at home.
Graeme Trudgill of the British Insurance Brokers’ Association says: ‘If you have customers visiting you at home regularly, or if you pay someone else to work with you, get in touch with an insurance broker and discuss a business policy.’
Small traders who keep stock at home – for example, the growing ar…