Home-Based Business Insurance: FAQs What is Home-Based Business Insurance? A home-based business is any business that is centered in the home. As of 2018, there were 30.2 million small business in the United States, and 50% of them were home-based. As business becomes increasingly digital-first across industries, more professionals are choosing to operate out of their homes. Working from home offers a variety of benefits, including flexibility, cost savings, tax benefits, and eliminated commuting time....