Business-owners-basics

Business Owner’s Policy (BOP) Basics

A Business Owner’s Policy or BOP is a package of all the basic insurance coverage needed by every business. An ideal solution for small businesses in particular, this policy simplifies business insurance by allowing your business to purchase just one policy to cover your needs and save.

The following are typically included in a standard BOP:

General Liability- Protects the business in the even that bodily injury, property damage, personal injury or advertising injury occurs as a result of the operations of your business.

Property Coverage- Provides coverage in the event of damage or loss of your business property.

In addition, depending on the needs of your particular business, other coverage may be included in the BOP policy such as: Professional Liability, Identity Theft, Employment Practices Liability, Electronic Data and Equipment, Valuable Papers and Records, Business Income and Extra Expense and others.

The specific needs of each business varies, but our agents can help build a policy to fit your business.

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