Working from home
  • By Check-a-Salary
  • Posted Monday 07 th December 2020

Costs You Need to Consider When Working from Home

Whether you have recently moved to work from home as a result of the COVID-19 pandemic or have decided to start running your own business from your home, many people do not realise some of the additional costs that they might incur as a result of this. Working from home can be a rewarding experience that allows you more freedom and even helps you save more money in the long run; however, there are some essential costs to consider that you may not have found necessary while working from the office or another location.

We’ve put together a list of some important costs to consider as a new home-based worker.

Home Insurance

Since your home is now where you make your livelihood, it’s even more important that you get it insured. If your home is already insured and you have decided to start running a business from the property, chances are that you will need to make some changes to your home insurance policy in order to reflect this, as homes where certain businesses are run are not always covered in a standard home insurance policy.

You can make changes to your current policy or shop around for a cheaper option using home insurance quotes from Quotezone. Comparing Quotezone’s home insurance quotes is an easy process - just fill in a request form online and quotes from the top providers will be displayed on the screen.

Contents Insurance

If you’ve moved to work from home, chances are that you now have some more expensive equipment at home. This might be insured by your employer if it belongs to them, but if you have purchased it yourself for working or running your own business, you will be responsible for making sure that it is covered with the right contents insurance policy. This is a very important cost to consider as, after all, you likely wouldn’t be able to work and earn money if you did not have access to this equipment, whether you’re using a PC, manufacturing equipment, laptop, smartphone or something else. Contents insurance will ensure that in the event of damage to your equipment or if they are stolen, you are paid out their value to replace them quickly and protect yourself from a serious loss of income.

Public Liability Insurance

If you are running your own business from home and it involves seeing clients or customers in your property, you should get public liability insurance to protect your company should anything go wrong. Business models like childminding services or home beauty services should always have public liability insurance to ensure that they are financially protected in the event of a client being hurt or injured while at their property. The last thing that you want is for your business to be seriously damaged by legal fees. While you may do everything that you can to protect your clients, you can never be certain that an accident won’t happen.


Depending on the type of work that you are doing from home, you might find that your standard home internet package simply doesn’t cut it any longer. If you typically used to use your internet at home for standard browsing and occasional movie or TV show streaming, it might not be fast enough to cover the type of work that you do. You might need to consider upgrading to a faster internet package that allows you to get on with working without any disruption.

Home Modifications

You may be faced with the need to modify your home to make it more suitable for working from home long-term. For example, if you are starting your own business from home and do not have a spare room that you can turn into an office, you might consider the option of converting a garage or attic space or even building an extension onto your home in order to provide yourself with a suitable place to get work done, rather than working in your kitchen or from your sofa.

Increased Utility Cost

Finally, consider the fact that when you begin working from home, your utility costs are likely to go up. This is because you’re now going to be at home throughout the day rather than at the office, and you’ll be using main utilities like gas, electricity and water. The good news is that you can mitigate some of these costs by being more mindful about the utilities that you use. Installing a smart meter can help you track how much you are using and you can use gadgets like energy-saving light bulbs to help you use less.

Whether you’re moving your job to your home as a result of the current pandemic or want to start a home-based business, keep some of these common costs in mind.


Subscribe to our newsletter to get notified of new blog posts from Check-a-Salary