Homeowners should also be careful that any repairman, especially electrical or plumbing contractors, are insured. Spreading the risk to the service provider is important should their work malfunction in some way and harm the home.
Another issue gaining greater attention is the fact that more home-based businesses have sprouted up in recent years. Consultants, for examples, may not be incorporated as a business but if they receive clients with any frequency, they should come clean with their insurance agency. One slip on an icy step and a home-based business could be shuttered by a lawsuit.